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IoT Security Market,

The Global IoT Security Market Report by Emergen Research conducts a meticulous investigation of the current scenario of the market size, share, demand, growth, trends, and forecast in the upcoming years. The report first introduces the IoT Security Market basics: definitions, classifications, applications, market overview, product specifications, manufacturing processes, cost structures, and others. Then it analyzes the global market conditions, including the product price, profits generated, production capacity, demand and supply, market growth rate and forecast, and others in depth.

The global IoT security reached a market size of USD 13.56 Billion in 2020 and is expected to register a CAGR of 26.5% during the forecast period. Global IoT security market revenue is expected to increase significantly due to rising malware and ransomware attacks on IoT-connected devices. In comparison, standard ransomware employs encryption to lock users out of different devices or systems; malware and ransomware types are becoming hybridized to combine various attacks. Growing safety concerns related to safety and security of critical infrastructure is expected to propel global IoT security market growth during the forecast period. Cybercriminals attack IoT devices and take advantage of username and password, and bypass dynamic code security issues. Currently, automation is being increasingly deployed across various sectors due to the rising Internet of Things trend. The Internet of Things is generally deployed for critical infrastructure projects, including energy, power, and other essential services, and automation of such projects is currently in process. Automation has rendered networks vulnerable to cyber-attacks, and far more effective security is required. Increasing insecurity of vital systems has become the primary concern of all government agencies. In addition, rising data vulnerability in IoT networks and demand for more efficient security and further development of software and solutions for this purpose is expected to boost global IoT security market growth over the forecast period. Increasing regulations related to IoT security is expected to augment IoT security market growth over the forecast period. For instance, following consultations that began in May 2019, the United Kingdom government intends to mandate a minimum of three security standards for consumer IoT devices, as announced in January 2020.

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The research report provides the readers with a complete list of all the major players operating in the Global IoT Security Market. Company profiles, financial overview, key business strategies, and policies, along with the latest expansions in the worldwide market, have also been mentioned in the report.

The leading market contenders listed in the report are:

International Business Machines Corporation, Cisco Systems, Inc., Intel Corporation, Siemens AG, Infineon Technologies AG, Broadcom Inc., Fortinet Inc., Palo Alto Networks, Inc., Mocana Corporation, and Karamba Security Ltd

In this research report, readers will also find additional analysis into the key geographical segments of the Global IoT Security Market and in-depth details regarding their current and former share. The latest trends, upcoming challenges, future regional prospects, and several other influencing factors have been considered and presented in a detailed manner.

Segments Covered in this report are:

  • Type Outlook (Revenue, USD Billion; 2021–2028)

    • Cloud Security
    • Network Security
    • Application Security
    • Endpoint Security
    • Others
  • Component Outlook (Revenue, USD Billion; 2021–2028)

    • Services
      1. Managed Services
      2. Professional Services
    • Solutions
      1. Encryption
      2. Unified Threat Management
      3. Analytics
      4. Identity & Access Management
      5. Data Loss Protection
      6. Others
  • End-use Outlook (Revenue, USD Billion; 2021–2028)

    • Retail
    • Manufacturing
    • Defense
    • Government
    • Consumer Electronics
    • Energy & Utilities
    • Logistics & Transportation
    • Others

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Additionally, the report consists of the Global IoT Security Market new project SWOT analysis, investment feasibility analysis, investment return analysis, development analysis, and others. It delivers a round-up of vulnerabilities at which the companies are operating in the market and what must be avoided in order to enjoy sustainable growth throughout the forecast period.

The regions covered in the report are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. They have been studied extensively to offer the readers a comprehensive analysis. Prominent manufacturers are given prime importance to ensure that their strategies are understood expansively.

Key Points of the Geographical Analysis:

  • Data and information related to the consumption rate in each region
  • Estimated increase in the consumption rate
  • Proposed growth of the market share of each region
  • Geographical contribution to market revenue
  • Expected growth rate of the regional markets

Browse Full Report Description + Research Methodology + Table of Content + [email protected] https://www.emergenresearch.com/industry-report/iot-security-market

Table of Content:

1 Market Overview

1.1 Study Scope

1.2 Key Market Segments

1.3 Key players Covered

1.4 Market Analysis by Type

1.5 Market Analysis by Application

1.6 Key Study Objectives

2 Global Growth Trends

2.1 Global IoT Security Market Size

2.2 IoT Security Growth Trends by Region

2.3 Latest Industry Trends

3 Market Share by Key Players

3.1 Global IoT Security Market Size

3.2 Global IoT Security Major Players Head office and Area Served

3.3 Key Players Products/Solutions/Services

3.4 Enter barriers in the IoT Security Market

3.5 Mergers, Acquisitions, Joint ventures, Expansion Plans

Continued…

Key Coverage of the Report:

  • Detailed scrutiny of the latest market trends, including drivers, opportunities, threats, constraints, challenges, and future investment prospects
  • Market segmentation by deployment type, authentication type, component, organization size, industry vertical
  • Regional and country-wise market size estimation for the forecast period (2019-2028)
  • Pricing strategies of the regional market players
  • Demand & supply gap analysis
  • Competitive landscape analysis
  • Market share analysis of the top market players
  • Strategic recommendations for new market entrants
  • Company profiling of the leading market players
  • Brief summary of the key strategies, financial positions, and recent developments of the leading companies

For Detailed Table of Content: Click Here

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