Internet of Things Security Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Mar 2021
  • Pages: 120
  • SKU: IRTNTR43566
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The internet of things (IoT) security market has the potential to grow by USD 83.25 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 30.37%.

This internet of things (IoT) security market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (industrial sector, commercial sector, and consumer sector) and geography (North America, Europe, APAC, MEA, and South America). The report also offers information on several market vendors, including Allot Ltd., Broadcom Inc., and CENTRI Technology Inc., among others.

What will the Internet Of Things (IoT) Security Market Size be in 2021?

Internet-Of-Things-(IoT)-Security-Market-Market-Size-2020-2025

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Who are the Major Internet Of Things (IoT) Security Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Allot Ltd.
  • Broadcom Inc.
  • CENTRI Technology Inc.
  • Cisco Systems Inc.
  • Fortinet Inc.
  • Infineon Technologies AG
  • Intel Corp.
  • International Business Machines Corp.
  • Mocana Corp.
  • Thales Group

 

The internet of things (IoT) security market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the internet of things (IoT) security market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Internet Of Things (IoT) Security Market?

Internet-Of-Things-(IoT)-Security-Market-Market-Share-by-Region-2020-2025

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35% of the market’s growth will originate from North America during the forecast period. The US is one of the key markets for internet of things (IoT) security in North America. Market growth in this region will be slower than the growth of the market in APAC, MEA, and South America.

The growing adoption of cloud-based services will facilitate the internet of things (IoT) security market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

 

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What are the Key Factors Covered in this Internet Of Things (IoT) Security Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive internet of things (IoT) security market growth during the next five years
  • Precise estimation of the internet of things (IoT) security market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the internet of things (IoT) security industry across North America, Europe, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of internet of things (IoT) security market vendors

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Internet Of Things (IoT) Security Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 30%

Market growth 2021-2025

$ 83.25 billion

Market structure

Fragmented

YoY growth (%)

23.33

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 35%

Key consumer countries

US, China, Germany, South Korea (Republic of Korea), and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Allot Ltd., Broadcom Inc., CENTRI Technology Inc., Cisco Systems Inc., Fortinet Inc., Infineon Technologies AG, Intel Corp., International Business Machines Corp., Mocana Corp., and Thales Group

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End user
    • Industrial sector - Market size and forecast 2020-2025
    • Commercial sector - Market size and forecast 2020-2025
    • Consumer sector - Market size and forecast 2020-2025
    • Market opportunity by End user

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Competitive scenario
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Allot Ltd.
      • Broadcom Inc.
      • CENTRI Technology Inc.
      • Cisco Systems Inc.
      • Fortinet Inc.
      • Infineon Technologies AG
      • Intel Corp.
      • International Business Machines Corp.
      • Mocana Corp.
      • Thales Group

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
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      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The internet of things (iot) security market growth will increase by $80.94 billion during 2019-2024.
      The internet of things (iot) security market is expected to grow at a CAGR of 36.83% during 2019-2024.
      Technavio has segmented the internet of things (iot) security market by end user (Industrial sector, Commercial sector, and Consumer sector) and geographic (North America, Europe, APAC, MEA, and South America).
      are a few of the key vendors in the internet of things (iot) security market.
      North America will register the highest growth rate of 34.77% among the other regions. Therefore, the internet of things (iot) security market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      • US
      • China
      • Germany
      • South Korea (Republic of Korea)
      • UK
      The key factors driving the internet of things (iot) security market growth are:
      • Increasing incidence of cyberattacks
      The internet of things (iot) security market vendors should focus on grabbing business opportunities from the industrial sector segment as it accounted for the largest market share in the base year.
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