The global internet of things (IoT) security market is expected to grow from USD 3.5 billion in 2017 to USD 12.2 billion by 2030, at a CAGR of 18.6% during the forecast period. The major factors driving the growth of this market are the increasing number of cyber-attacks and data breaches, growing adoption of IoT devices, and increasing need for IoT security solutions in various industries such as healthcare, manufacturing, transportation & logistics, and energy & utilities.
The network security segment is expected to lead the global internet of things (IoT) security market during the forecast period owing to its ability to provide protection against cyber-attacks such as DDoS attacks and malware attacks that can cause significant damage to an organization's infrastructure or data loss. The endpoint security segment is expected to grow at a higher CAGR than other segments due to its ability in detecting malicious activities on endpoints such as laptops or desktops that can be used for unauthorized access into an organization's network or system through malware infection or phishing attack.
-The Internet of Things (IoT) Security market is expected to grow from USD 3.5 billion in 2016 to USD 8.2 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 18.6% during the forecast period.
-The growth of the Internet of Things (IoT) Security market is driven by factors such as increasing adoption of IoT devices and services, growing need for security solutions for IoT devices, and increasing awareness about cyber threats.
Industry Growth Insights published a new data on “Internet of Things (IoT) Security Market”. The research report is titled “Internet of Things (IoT) Security Market research by Types (Network Security, Endpoint Security, Application Security, Cloud Security, Others, Internet of Things (IoT) Securit), By Applications (Building and Home Automation, Supply Chain Management, Patient Information Management, Energy and Utilities Management, Customer Information Security, Other), By Players/Companies Cisco Systems, Intel Corporation, IBM Corporation, Symantec Corporation, Trend Micro, Digicert, Infineon Technologies, ARM Holdings, Gemalto NV, Kaspersky Lab, CheckPoint Software Technologies, Sophos Plc, Advantech, Verizon Enterprise Solutions, Trustwave, INSIDE Secure SA, Internet of Things (IoT) Securit”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Internet of Things (IoT) Security Market Research Report
By Type
Network Security, Endpoint Security, Application Security, Cloud Security, Others, Internet of Things (IoT) Securit
By Application
Building and Home Automation, Supply Chain Management, Patient Information Management, Energy and Utilities Management, Customer Information Security, Other
By Companies
Cisco Systems, Intel Corporation, IBM Corporation, Symantec Corporation, Trend Micro, Digicert, Infineon Technologies, ARM Holdings, Gemalto NV, Kaspersky Lab, CheckPoint Software Technologies, Sophos Plc, Advantech, Verizon Enterprise Solutions, Trustwave, INSIDE Secure SA, Internet of Things (IoT) Securit
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
 Security Industry Outlook.svg)
Global Internet of Things (IoT) Security Market Report Segments:
The global Internet of Things (IoT) Security market is segmented on the basis of:
Types
Network Security, Endpoint Security, Application Security, Cloud Security, Others, Internet of Things (IoT) Securit
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building and Home Automation, Supply Chain Management, Patient Information Management, Energy and Utilities Management, Customer Information Security, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cisco Systems
- Intel Corporation
- IBM Corporation
- Symantec Corporation
- Trend Micro
- Digicert
- Infineon Technologies
- ARM Holdings
- Gemalto NV
- Kaspersky Lab
- CheckPoint Software Technologies
- Sophos Plc
- Advantech
- Verizon Enterprise Solutions
- Trustwave
- INSIDE Secure SA
- Internet of Things (IoT) Securit
 Security Market Overview.svg)
Highlights of The Internet of Things (IoT) Security Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Network Security
- Endpoint Security
- Application Security
- Cloud Security
- Others
- Internet of Things (IoT) Securit
- By Application:
- Building and Home Automation
- Supply Chain Management
- Patient Information Management
- Energy and Utilities Management
- Customer Information Security
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Internet of Things (IoT) Security Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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 Security Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Internet of Things (IoT) security is the process of protecting devices and systems from cyberattacks. IoT devices are typically connected to the internet, which makes them vulnerable to attacks that can steal data or disrupt operations. IoT security measures include authentication and encryption of data, secure communication protocols, and monitoring for unauthorized activity.
Some of the key players operating in the internet of things (iot) security market are Cisco Systems, Intel Corporation, IBM Corporation, Symantec Corporation, Trend Micro, Digicert, Infineon Technologies, ARM Holdings, Gemalto NV, Kaspersky Lab, CheckPoint Software Technologies, Sophos Plc, Advantech, Verizon Enterprise Solutions, Trustwave, INSIDE Secure SA, Internet of Things (IoT) Securit.
The internet of things (iot) security market is expected to register a CAGR of 18.6%.
1 Executive Summary2 Assumptions and Acronyms Used
3 Research Methodology
4 Internet of Things (IoT) Security Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.2 Macro-Economic Factors
4.2.1 Industry Outlook
4.3 Internet of Things (IoT) Security Market Dynamics
4.3.1 Market Drivers
4.3.2 Market Restraints
4.3.3 Opportunity
4.3.4 Market Trends
4.4 Internet of Things (IoT) Security Market - Supply Chain
4.5 Global Internet of Things (IoT) Security Market Forecast
4.5.1 Internet of Things (IoT) Security Market Size (US$ Mn) and Y-o-Y Growth
4.5.2 Internet of Things (IoT) Security Market Absolute $ Opportunity
5 Global Internet of Things (IoT) Security Market Analysis and Forecast by Type
5.1 Market Trends
5.2 Introduction
5.2.1 Basis Point Share (BPS) Analysis by Type
5.2.2 Y-o-Y Growth Projections by Type
5.3 Internet of Things (IoT) Security Market Size Forecast by Type
5.3.1 Network Security
5.3.2 Endpoint Security
5.3.3 Application Security
5.3.4 Cloud Security
5.3.5 Others
5.4 Absolute $ Opportunity Assessment by Type
5.5 Market Attractiveness/Growth Potential Analysis by Type
6 Global Internet of Things (IoT) Security Market Analysis and Forecast by Component
6.1 Market Trends
6.2 Introduction
6.2.1 Basis Point Share (BPS) Analysis by Component
6.2.2 Y-o-Y Growth Projections by Component
6.3 Internet of Things (IoT) Security Market Size Forecast by Component
6.3.1 Solutions
6.3.2 Services
6.4 Absolute $ Opportunity Assessment by Component
6.5 Market Attractiveness/Growth Potential Analysis by Component
7 Global Internet of Things (IoT) Security Market Analysis and Forecast by Industry
7.1 Market Trends
7.2 Introduction
7.2.1 Basis Point Share (BPS) Analysis by Industry
7.2.2 Y-o-Y Growth Projections by Industry
7.3 Internet of Things (IoT) Security Market Size Forecast by Industry
7.3.1 Automotive
7.3.2 Healthcare
7.3.3 Government
7.3.4 Manufacturing
7.3.5 Energy & power
7.3.6 Retail
7.3.7 BFSI
7.3.8 Others
7.4 Absolute $ Opportunity Assessment by Industry
7.5 Market Attractiveness/Growth Potential Analysis by Industry
8 Global Internet of Things (IoT) Security Market Analysis and Forecast by Region
8.1 Market Trends
8.2 Introduction
8.2.1 Basis Point Share (BPS) Analysis by Region
8.2.2 Y-o-Y Growth Projections by Region
8.3 Internet of Things (IoT) Security Market Size Forecast by Region
8.3.1 North America
8.3.2 Europe
8.3.3 Asia Pacific
8.3.4 Latin America
8.3.5 Middle East and Africa (MEA)
8.4 Absolute $ Opportunity Assessment by Region
8.5 Market Attractiveness/Growth Potential Analysis by Region
9 Coronavirus Disease (COVID-19) Impact
9.1 Introduction
9.2 Market Trends
9.3 Patient Data
9.3.1 North America
9.3.2 Europe
9.3.3 Asia Pacific
9.3.4 Latin America
9.3.5 Middle East and Africa (MEA)
9.4 Current Impact Analysis
9.5 Future Impact Analysis
9.6 Economic Impact Analysis
9.7 Government Policies
9.8 Investment Scenario
10 North America Internet of Things (IoT) Security Market Analysis and Forecast
10.1 Introduction
10.1.1 Basis Point Share (BPS) Analysis by Country
10.1.2 Y-o-Y Growth Projections by Country
10.2 North America Internet of Things (IoT) Security Market Size Forecast by Country
10.2.1 U.S.
10.2.2 Canada
10.3 Absolute $ Opportunity Assessment by Country
10.4 North America Internet of Things (IoT) Security Market Size Forecast by Type
10.4.1 Network Security
10.4.2 Endpoint Security
10.4.3 Application Security
10.4.4 Cloud Security
10.4.5 Others
10.5 Basis Point Share (BPS) Analysis by Type
10.6 Y-o-Y Growth Projections by Type
10.7 North America Internet of Things (IoT) Security Market Size Forecast by Component
10.7.1 Solutions
10.7.2 Services
10.8 Basis Point Share (BPS) Analysis by Component
10.9 Y-o-Y Growth Projections by Component
10.10 North America Internet of Things (IoT) Security Market Size Forecast by Industry
10.10.1 Automotive
10.10.2 Healthcare
10.10.3 Government
10.10.4 Manufacturing
10.10.5 Energy & power
10.10.6 Retail
10.10.7 BFSI
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Industry
10.12 Y-o-Y Growth Projections by Industry
10.13 Market Attractiveness/Growth Potential Analysis
10.13.1 By Country
10.13.2 By Type
10.13.3 By Component
10.13.4 By Industry
11 Europe Internet of Things (IoT) Security Market Analysis and Forecast
11.1 Introduction
11.1.1 Basis Point Share (BPS) Analysis by Country
11.1.2 Y-o-Y Growth Projections by Country
11.2 Europe Internet of Things (IoT) Security Market Size Forecast by Country
11.2.1 Germany
11.2.2 France
11.2.3 Italy
11.2.4 U.K.
11.2.5 Spain
11.2.6 Russia
11.2.7 Rest of Europe
11.3 Absolute $ Opportunity Assessment by Country
11.4 Europe Internet of Things (IoT) Security Market Size Forecast by Type
11.4.1 Network Security
11.4.2 Endpoint Security
11.4.3 Application Security
11.4.4 Cloud Security
11.4.5 Others
11.5 Basis Point Share (BPS) Analysis by Type
11.6 Y-o-Y Growth Projections by Type
11.7 Europe Internet of Things (IoT) Security Market Size Forecast by Component
11.7.1 Solutions
11.7.2 Services
11.8 Basis Point Share (BPS) Analysis by Component
11.9 Y-o-Y Growth Projections by Component
11.10 Europe Internet of Things (IoT) Security Market Size Forecast by Industry
11.10.1 Automotive
11.10.2 Healthcare
11.10.3 Government
11.10.4 Manufacturing
11.10.5 Energy & power
11.10.6 Retail
11.10.7 BFSI
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Industry
11.12 Y-o-Y Growth Projections by Industry
11.13 Market Attractiveness/Growth Potential Analysis
11.13.1 By Country
11.13.2 By Type
11.13.3 By Component
11.13.4 By Industry
12 Asia Pacific Internet of Things (IoT) Security Market Analysis and Forecast
12.1 Introduction
12.1.1 Basis Point Share (BPS) Analysis by Country
12.1.2 Y-o-Y Growth Projections by Country
12.2 Asia Pacific Internet of Things (IoT) Security Market Size Forecast by Country
12.2.1 China
12.2.2 Japan
12.2.3 South Korea
12.2.4 India
12.2.5 Australia
12.2.6 Rest of Asia Pacific (APAC)
12.3 Absolute $ Opportunity Assessment by Country
12.4 Asia Pacific Internet of Things (IoT) Security Market Size Forecast by Type
12.4.1 Network Security
12.4.2 Endpoint Security
12.4.3 Application Security
12.4.4 Cloud Security
12.4.5 Others
12.5 Basis Point Share (BPS) Analysis by Type
12.6 Y-o-Y Growth Projections by Type
12.7 Asia Pacific Internet of Things (IoT) Security Market Size Forecast by Component
12.7.1 Solutions
12.7.2 Services
12.8 Basis Point Share (BPS) Analysis by Component
12.9 Y-o-Y Growth Projections by Component
12.10 Asia Pacific Internet of Things (IoT) Security Market Size Forecast by Industry
12.10.1 Automotive
12.10.2 Healthcare
12.10.3 Government
12.10.4 Manufacturing
12.10.5 Energy & power
12.10.6 Retail
12.10.7 BFSI
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Industry
12.12 Y-o-Y Growth Projections by Industry
12.13 Market Attractiveness/Growth Potential Analysis
12.13.1 By Country
12.13.2 By Type
12.13.3 By Component
12.13.4 By Industry
13 Latin America Internet of Things (IoT) Security Market Analysis and Forecast
13.1 Introduction
13.1.1 Basis Point Share (BPS) Analysis by Country
13.1.2 Y-o-Y Growth Projections by Country
13.2 Latin America Internet of Things (IoT) Security Market Size Forecast by Country
13.2.1 Brazil
13.2.2 Mexico
13.2.3 Rest of Latin America
13.3 Absolute $ Opportunity Assessment by Country
13.4 Latin America Internet of Things (IoT) Security Market Size Forecast by Type
13.4.1 Network Security
13.4.2 Endpoint Security
13.4.3 Application Security
13.4.4 Cloud Security
13.4.5 Others
13.5 Basis Point Share (BPS) Analysis by Type
13.6 Y-o-Y Growth Projections by Type
13.7 Latin America Internet of Things (IoT) Security Market Size Forecast by Component
13.7.1 Solutions
13.7.2 Services
13.8 Basis Point Share (BPS) Analysis by Component
13.9 Y-o-Y Growth Projections by Component
13.10 Latin America Internet of Things (IoT) Security Market Size Forecast by Industry
13.10.1 Automotive
13.10.2 Healthcare
13.10.3 Government
13.10.4 Manufacturing
13.10.5 Energy & power
13.10.6 Retail
13.10.7 BFSI
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Industry
13.12 Y-o-Y Growth Projections by Industry
13.13 Market Attractiveness/Growth Potential Analysis
13.13.1 By Country
13.13.2 By Type
13.13.3 By Component
13.13.4 By Industry
14 Middle East & Africa Internet of Things (IoT) Security Market Analysis and Forecast
14.1 Introduction
14.1.1 Basis Point Share (BPS) Analysis by Country
14.1.2 Y-o-Y Growth Projections by Country
14.2 MEA Internet of Things (IoT) Security Market Size Forecast by Country
14.2.1 Saudi Arabia
14.2.2 South Africa
14.2.3 UAE
14.2.4 Rest of MEA
14.3 Absolute $ Opportunity Assessment by Country
14.4 MEA Internet of Things (IoT) Security Market Size Forecast by Type
14.4.1 Network Security
14.4.2 Endpoint Security
14.4.3 Application Security
14.4.4 Cloud Security
14.4.5 Others
14.5 Basis Point Share (BPS) Analysis by Type
14.6 Y-o-Y Growth Projections by Type
14.7 MEA Internet of Things (IoT) Security Market Size Forecast by Component
14.7.1 Solutions
14.7.2 Services
14.8 Basis Point Share (BPS) Analysis by Component
14.9 Y-o-Y Growth Projections by Component
14.10 MEA Internet of Things (IoT) Security Market Size Forecast by Industry
14.10.1 Automotive
14.10.2 Healthcare
14.10.3 Government
14.10.4 Manufacturing
14.10.5 Energy & power
14.10.6 Retail
14.10.7 BFSI
14.10.8 Others
14.11 Basis Point Share (BPS) Analysis by Industry
14.12 Y-o-Y Growth Projections by Industry
14.13 Market Attractiveness/Growth Potential Analysis
14.13.1 By Country
14.13.2 By Type
14.13.3 By Component
14.13.4 By Industry
15 Competition Landscape
15.1 Global Internet of Things (IoT) Security Market: Market Share Analysis
15.2 Internet of Things (IoT) Security Distributors and Customers
15.3 Internet of Things (IoT) Security Market: Competitive Dashboard
15.4 Company Profiles (Details – Overview, Financials, Developments, Strategy)
15.4.1 IBM Corporation
15.4.2 Symantec Corporation
15.4.3 Infineon Technologies
15.4.4 Cisco Systems, Inc.
15.4.5 Hewlett Packard Development Company L.P.
15.4.6 Sophos Plc
15.4.7 NSIDE Secure SA
15.4.8 ARM Holdings
15.4.9 Gemalto NV
15.4.10 Intel Corporation
15.4.11 Allot
15.4.12 Fortinet
15.4.13 Verizon Enterprise Solutions
15.4.14 Trustwave
15.4.15 Zingbox
