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Shibuya-ku, Tokyo, Japan, Japan, Aug 14, 2022, 11:13 /Comserve / -- IoT Security Market With Top Countries Data, Industry Analysis , Size, Share, Revenue, Prominent Players, Developing Technologies, Tendencies and Forecast
'A research report on IoT Security Market was added by SDKI in its database which discusses the product as well as the scope of its market in detail. The report provides the business clients with an in-depth overview of the market, giving an analysis of the market trends, market size, market value and market growth over the forecast period on a compound as well as on a yearly basis. Further, the market study gives an overview of the industry on the basis of several factors such as the geographical extent, market segmentation, growth drivers and challenges prevalent in the market.
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Global IoT Security market is expected to grow at a robust pace of around 17% due to the growing demand for cloud-based services for authentication process and increasing number of malware attacks on IoT devices. Increasing expenditure by the major vendors operating in the industry on Internet of Things and enhancements is anticipated to positively impact the growth of market over the next few years. However, absence of standardization for IoT devices and lack of awareness of security risks is negatively impacting the market growth.
The global IoT security market is segmented based on component, deployment, enterprise, security type, application, and region. Based on component, the market can be categorized into Solutions and services. The Solutions segment is expected to dominate the market over the next few years due rise in the adoption of this IoT security solutions among various enterprises.
Based on application, the market can be fragmented into smart manufacturing, smart energy & utilities, connected logistics, connected healthcare, smart retail, connected healthcare, smart home & consumer electronics, smart transportation and smart government & defense segments. Among these application segments, the smart manufacturing segment accounted for the largest market share in 2019 owing to increasing number of IoT devices coupled with rising security and privacy requirements of such devices. Based on deployment, the market is categorized into Cloud and On-premises segments, with the Cloud segment accounting for a majority market share in 2019.
Regionally, the global IoT security market is dominated by North America, followed by Europe, APAC, MEA and South America, and same market trend is expected to continue in the coming years. North America is the largest contributing region in the global IoT security market with more than one-third of the global market share in 2019 owing to the rise in cyber-attacks and boom in the region's IoT sector are making IoT more crucial than ever and are anticipated to fuel the IoT security market in the US, Canada and Mexico during the forecast period. However, backed by growth of IoT connectivity in China, Japan, India, and Australia coupled with increasing internet penetration and rising number of cyber-attacks in Asia-Pacific, the region is anticipated to witness fastest growth in the global IoT security market during forecast period.
The major players operating in the IoT Security market are Broadcom Corporation, Cisco Systems Inc., Fortinet Inc., Gemalto NV, IBM Corporation, Infineon Technologies AG, Intel Corporation, Palo Alto Networks Inc, SecuriThings, Inc, Trend Micro Incorporated, Symantec Corporation, TrustWave Holdings, Inc and others.
Objective of the Study:
• To analyze and estimate the market size of global IoT security market from 2015 to 2019.
• To estimate and forecast the market size of global IoT security market from 2020 to 2025.
• To classify and forecast global IoT security market based component, deployment, enterprise, security type, application, and regional distribution.
• To identify dominant region or segment in the global IoT security market.
• To identify drivers and challenges for global IoT security market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global IoT security market.
• To identify and analyze the profile of leading players operating in global IoT security market.
• To identify key sustainable strategies adopted by market players in global IoT security market.
SDKI performed both primary as well as exhaustive secondary research for this study. Initially, SDKI sourced a list of major IoT security players across the globe. Subsequently, SDKI conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, SDKI could include the service providers which could not be identified due to the limitations of secondary research. TechSci
SDKI calculated the market size of global IoT Security market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. SDKI sourced these values from the industry experts and company representatives and externally validated through analyzing historical data for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by SDKI.
Key Target Audience:
• IoT security companies and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to IoT security
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as IoT security providers, partners, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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Table of Content 1. IoT Security: Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
5. Global IoT Security Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Component (Solution, Service)
5.2.2. By Deployment (On-Premise, Cloud)
5.2.3. By Enterprise (SME, Larger Enterprise)
5.2.4. By Region (North America, Europe, APAC, MEA, South America)
5.2.5. By Security Type (Network Security, Endpoint Security, Application Security, Cloud Security, Others)
5.2.6. By Application (Smart Manufacturing, Connected Logistics, Connected Healthcare, Smart Energy & Utilities, Smart Retail, Smart Government & Defense, Smart Home & Consumer Electronics, Smart Transportation)
5.2.7. By Company (2019)
5.3. Product Market Map
6. North America IoT Security Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Component
6.2.2. By Deployment Type
6.2.3. By Enterprise
6.2.4. By Country
6.2.5. By Security Type
6.2.6. By Application
6.3. North America: Country Analysis
6.3.1. United States IoT Security Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Component
6.3.1.2.2. By Deployment Type
6.3.1.2.3. By Enterprise
6.3.1.2.4. By Security Type
6.3.1.2.5. By Application
6.3.2. Canada IoT Security Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Component
6.3.2.2.2. By Deployment Type
6.3.2.2.3. By Enterprise
6.3.2.2.4. By Security Type
6.3.2.2.5. By Application
6.3.3. Mexico IoT Security Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Component
6.3.3.2.2. By Deployment Type
6.3.3.2.3. By Enterprise
6.3.3.2.4. By Security Type
6.3.3.2.5. By Application
7. Europe IoT Security Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Component
7.2.2. By Deployment Type
7.2.3. By Enterprise
7.2.4. By Country
7.2.5. By Security Type
7.2.6. By Application
7.3. Europe: Country Analysis
7.3.1. United Kingdom IoT Security Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Component
7.3.1.2.2. By Deployment Type
7.3.1.2.3. By Enterprise
7.3.1.2.4. By Security Type
7.3.1.2.5. By Application
7.3.2. Germany IoT Security Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Component
7.3.2.2.2. By Deployment Type
7.3.2.2.3. By Enterprise
7.3.2.2.4. By Security Type
7.3.2.2.5. By Application
7.3.3. France IoT Security Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Component
7.3.3.2.2. By Deployment Type
7.3.3.2.3. By Enterprise
7.3.3.2.4. By Security Type
7.3.3.2.5. By Application
7.3.4. Spain IoT Security Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Component
7.3.4.2.2. By Deployment Type
7.3.4.2.3. By Enterprise
7.3.4.2.4. By Security Type
7.3.4.2.5. By Application
7.3.5. Italy IoT Security Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Component
7.3.5.2.2. By Deployment Type
7.3.5.2.3. By Enterprise
7.3.5.2.4. By Security Type
7.3.5.2.5. By Application
8. Asia-Pacific IoT Security Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Component
8.2.2. By Deployment Type
8.2.3. By Enterprise
8.2.4. By Country
8.2.5. By Security Type
8.2.6. By Application
8.3. Asia-Pacific: Country Analysis
8.3.1. China IoT Security Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Component
8.3.1.2.2. By Deployment Type
8.3.1.2.3. By Enterprise
8.3.1.2.4. By Security Type
8.3.1.2.5. By Application
8.3.2. Japan IoT Security Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Component
8.3.2.2.2. By Deployment Type
8.3.2.2.3. By Enterprise
8.3.2.2.4. By Security Type
8.3.2.2.5. By Application
8.3.3. India IoT Security Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Component
8.3.3.2.2. By Deployment Type
8.3.3.2.3. By Enterprise
8.3.3.2.4. By Security Type
8.3.3.2.5. By Application
8.3.4. Australia IoT Security Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Component
8.3.4.2.2. By Deployment Type
8.3.4.2.3. By Enterprise
8.3.4.2.4. By Security Type
8.3.4.2.5. By Application
8.3.5. Vietnam IoT Security Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Component
8.3.5.2.2. By Deployment Type
8.3.5.2.3. By Enterprise
8.3.5.2.4. By Security Type
8.3.5.2.5. By Application
9. Middle East & Africa IoT Security Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Component
9.2.2. By Deployment Type
9.2.3. By Enterprise
9.2.4. By Country
9.2.5. By Security Type
9.2.6. By Application
9.3. Middle East & Africa: Country Analysis
9.3.1. UAE IoT Security Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Component
9.3.1.2.2. By Deployment Type
9.3.1.2.3. By Enterprise
9.3.1.2.4. By Security Type
9.3.1.2.5. By Application
9.3.2. Saudi Arabia IoT Security Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Component
9.3.2.2.2. By Deployment Type
9.3.2.2.3. By Enterprise
9.3.2.2.4. By Security Type
9.3.2.2.5. By Application
9.3.3. South Africa IoT Security Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Component
9.3.3.2.2. By Deployment Type
9.3.3.2.3. By Enterprise
9.3.3.2.4. By Security Type
9.3.3.2.5. By Application
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