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Global IoT Security Market Threats, Analysis, Key Players, Growth, and Forecast 2026

Global internet of things (IoT) security market revenue growth driven significantly by North America market during forecast period. Internet of things connects multiple devices in an organization via wireless sensor networks and cloud services, this connection provides access to operational technology network and information technology. Hence increasing dependency on cloud storage and wireless network connectivity gives rise to challenges such as cyber-attacks and security threat. In order to protect this confidential and private data and to provide secure access IoT security solution and services are needed. Primary factor driving growth of the global IoT security market is increasing adoption of cloud based services and solutions in various sectors has led to large amount of data on cloud which is vulnerable to cyber-attacks and data theft. Implementation of bring your own devices (BYOD) policies by various organization has boosted the productivity but has led to exposure of personal data, eventually raising data security concerns. Need for regulatory compliance is further driving the market growth. Government initiatives towards smart cities has led to increasing adoption IoT applications, hence securing this networks from hackers, virus threats and cyber-attacks is further propelling demand for IoT security market. Major factor hampering growth of the global IoT security market is lack of technical proficiency for handling security infrastructure. High deployment cost is another factor restricting adoption of IoT security market especially in small scale enterprises and emerging cost sensitive economies. However, increasing demand for data security has led to implementation of stringent laws and regulation by several governments, ensuring that the market would continue to grow significantly during the forecast period. The global IoT security market is segmented on the basis of security type, component, application area, and region. North America dominates the market in terms of revenue generation and is projected to maintain its dominance during the forecast period. This growth is attributed to large scale deployment of IoT devices across various domains and implementation of regulatory frameworks. Among other regions, Asia Pacific is expected to witness rapid growth in terms of revenue generation during the forecast period. Global IoT security market segmentation by security type:
  • Network security
  • Endpoint security
  • Application security
  • Cloud security
  • Others
Global IoT security market segmentation by component:
  • Solution
  • Identity access management
  • Data encryption and tokenization
  • IDS/IPS
  • Device authentication and management
  • Secure software and firmware update
  • Secure communications
  • PKI lifecycle management
  • Distributed denial of service protection
  • Security analytics
  • Services
  • Professional services
  • Managed services
Global IoT security market segmentation by application area:
  • Smart Manufacturing
  • Smart Energy and Utilities
  • Connected Logistics
  • Consumer Wearables
  • Connected Healthcare
  • Smart Government and Defense
  • Connected Vehicles
  • Smart Retail
Global IoT security market segmentation by region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
Key players profiled in the global IoT security market report:
  • IBM Corporation
  • Infineon Technologies
  • Symantec Corporation
  • Check Point Security Software Technologies Ltd.
  • Cisco Systems Inc.
  • Intel Corporation
  • Alcatel-Lucent S.A.
  • Sophos Plc
  • NSIDE Secure SA
  • ARM Holdings
Report Structure: In the first section of the report we offer a table of content, followed by a list of figures. The next section offers a definition and brief explanation of the various products and segmentation of the target market, along with a list of acronyms and sources used to gather and analyze data and information. The third section of the report entails a brief list of drivers, restraints, opportunities, and threats (DROTs) in the target market. The report also offers insights on various trends in regions, countries, and markets as per segmentation, as well as insights and crucial information obtained from various sources including primary and secondary, annual reports, the Internet and others. The final section comprises detailed profiles of key players in the target market and a SWOT analysis of each company, apart from strategies, acquisitions and mergers. Objective of Report: Sections of the report are created and designed specifically to offer readers a clear, clean, and insights into historical, estimated, and revenue (US$ Mn/Bn) estimation and projection, Compounded Annual Growth Rate (CAGR %), and volume in measure as applicable to the target product/market. We offer illustrations, charts, tables, and figures to support our findings and analysis, in addition to key finding for markets in regions and countries. Who we are and what we do: Market.biz is a pioneering company in the fields of market research and analytical reporting. Our services enable clients to enhance business efficiency and focus on other core aspects of operations, while we take care of market research and reporting needs. Market.biz conducts and executes detailed and in-depth research and analysis across all relevant domains and offers accurate and insightful estimations and forecasts to enable clients to take well-informed and crucial decisions in their respective industries, sectors, or companies. Market.biz has access to the world’s most comprehensive and up-to-date databases in any business sector, as we understand the specific and varying needs of our clients. We offer updated reports to keep up with the changing scenarios in global markets and strive to ensure that only the utmost quality is established and maintained in every single report we produce. Our reports are conveniently designed and structured and are visually-pleasing. We provide a detailed analysis outlook of competitive markets and identify and study new and emerging trends and other crucial aspects and factors impacting or driving market growth. We also offer insights regarding new and emerging opportunities in the market and present the information in a comprehensive report focused on your respective market or sector.
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About this Report
Report ID 148258
Category
  • ICT
Published on Upcoming
Number of Pages NA
Publisher Name Prudour
Editor Rating
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