Market Research Future Insights
The global IoT Security Market is projected to be worth USD 1,27,768.8 million by 2030, registering a 23.7% CAGR during the forecast period (2023-2030).
IoT security is referred to a security solution that helps to concentrate on protecting internet-enabled devices. (IoT) security encompassing the processes and technologies to protect the internet of things devices as well as the networks connected to each other on the wireless networks. Internet of things security is utilized in numerous applications such as smart home, smart wearable devices, automotive digital technology, industrial internet, smart city, healthcare, etc. In healthcare, IoT can support patients to spend more time interacting with their doctors so that it can surge patient engagement and satisfaction.
Get Free Sample PDF Brochure:
https://www.marketresearchfuture.com/sample_request/2256
The Internet of Things (IoT) has grown from its initial stage of incubation into a clearly defined set of use cases that help discernible advantages to a variety of market verticals. Through enabling the integration of IT and operational technology (OT) networks, IoT significantly enhances process automation, supply chain management and regulatory enforcement and significantly reduce capital and operating costs.
Espousal of cloud technologies by many organizations for storing confidential data gives rise to the risk of unauthorized access to data. Moreover, the increasing trend of bring your own device (BYOD) is boosting concerns regarding data security. Therefore, many organizations and enterprises demand effective security solutions. Thus, a robust security solution, such as integration of firewalls and data loss prevention with IoT security solutions, empowers organization posture to face cyber threats.
The global IoT Security Market report furnishes an integrated evaluation of the market. The report tends to a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors playing an eloquent role in the market.
Regional Analysis
The global IoT Security Market is divided into five regions; North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
North America is projected to dominate the global internet of things (IOT) security market due to the increasing adoption of smart devices and augmenting usage of internet-connected devices in this region.
Europe is the second-largest commanding region due to the massive growth of the automotive sector in Europe and this internet of vehicles having some security challenges is largely required security solutions. While the European industry is aware about the importance of IoT is awaited to increase the growth of the market in Europe.
The Asia Pacific is the arising region in the internet of things security market due to the augmenting urbanization and penetration of smart devices in this region.
Ask To Customization:
https://www.marketresearchfuture.com/ask_for_schedule_call/2256
Market Segmentation
The IoT Security Market is segmented into the following types;
By Type
By Solution
By Technology
By Vertical
Browse In-depth Market Research Report (100 Pages) on IoT Security Market:
https://www.marketresearchfuture.com/reports/iot-security-market-2256
Key Players
The global IoT Security Market’s substantial key players are PTC, Symantec Corporation, Infineon Technologies AG, Trustwave Holdings Inc. (Singtel), Check Point Software Technologies Ltd., IBM Corporation, CISCO SYSTEMS, INC., Thales, AT&T Inc., Trend Micro Inc., DigiCert, Intel Corporation, General Electric, Verizon, and Sophos Ltd.
** Also Check Trending Report of MRFR **
Global Energy as a Service (EaaS) Market Research Report, by Component, Services, End user Forecast Till 2030:
https://www.marketresearchfuture.com/reports/energy-as-a-service-market-6609
Global Email Security Market Research Report: By Type, Industry Vertical, Deployment Forecast Till 2030:
https://www.marketresearchfuture.com/reports/email-security-market-3120
Global Smart Waste Management Market Research Report – by Component, Application Forecast Till 2030:
https://www.marketresearchfuture.com/reports/smart-waste-management-market-994
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.