Internet of Things (IoT) Security Market Analysis North America,Europe,APAC,Middle East and Africa,South America - US,China,South Korea,Germany,UK - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 175 SKU: IRTNTR43566

Internet of Things (IoT) Security Market Forecast 2023-2027

Internet Of Things Security Market size is estimated to grow by USD 114.33 billion between 2022 and 2027 at a CAGR of 30.44% during the forecast period. The market's growth is fueled by several pivotal factors, foremost among them being the continual technological developments across diverse platforms. As innovations surge, the proliferation of Internet-connected and operated devices undergo exponential growth, expanding the scope and demand for IoT solutions. This surge is particularly pronounced in sectors embracing industrial automation, where IoT technologies optimize operations and drive efficiency. Furthermore, the convergence of these trends amplifies the market's trajectory, fostering a dynamic ecosystem of interconnected devices and systems. As industries leverage IoT to enhance productivity and streamline processes, the market experiences a profound transformation, poised for further expansion and innovation in the evolving digital landscape.

What will be the size of the Market During the Forecast Period?

To learn more about this report, Request Free Sample

Market Segmentation

This Internet of Things security market report extensively covers market segmentation by end-user (industrial sector, commercial sector, and consumer sector), deployment (on-premises and cloud), and geography (North America, Europe, APAC, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

Market Dynamics and Customer Landscape

The market is driven by the proliferation of consumer electronics and the growing dependency on IoT networks. With the increasing adoption of Cloud Workload and IoT devices, the risks of data breaches and cyber attacks escalate, necessitating robust security systems. However, challenges persist, including IoT vulnerabilities and the shortage of skilled workforce to manage security measures. As industries embrace industrialization and smart technologies like smart farming and precision agriculture, the demand for advanced equipment and secure IoT solutions becomes imperative to mitigate risks and safeguard critical data. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The exponential growth of Internet-connected devices is a key driver for the market. The increasing adoption of IoT in the corporate sector is evident, with a forecast predicting 41.6 billion IoT devices in use by 2025, generating 79.4 zettabytes of data. Evolving IoT technologies facilitate its adoption and drive advancements, making it easier for businesses to profit from IoT applications. Early adopters have moved beyond pilots to implement IoT solutions across their organizations, leading to groundbreaking applications in Industry 4.0, smart cities, smart homes, connected autos, and e-health. The accessibility of functionalities not available before has opened doors for all end-user sectors, driving the demand for IoT security and fueling the growth of the market during the forecast period.

Significant Market Trends

The utilization of wearables for monitoring human health and the environment is another significant driver of the IoT security market growth. With smartphones and tablets serving as the epicenter of mobile computing and communication, the addition of various inbuilt sensors has revolutionized social and economic areas like social networking, environmental and surveillance monitoring, healthcare, and transportation. Current smartphones integrate GPS, microphones, accelerometers, cameras, ambient light, gyroscopes, digital compasses, WIFI, 3G/4G/5G, and Bluetooth radio. IoT wearables enable consumers to monitor their healthcare needs, allow remote patient monitoring for doctors, and facilitate employee health and safety tracking in hazardous environments.

Wearable devices also played a crucial role in controlling the COVID-19 pandemic in 2020, detecting, monitoring, and managing symptoms and disease progression. The increasing demand for wearable health devices is expected to drive the demand for IoT solutions, thus boosting the growth of the market during the forecast period.

Major Market Challenge

One of the main challenges hampering the market growth is the rising cybersecurity threats. Integrating the corporate network with industrial systems for real-time access to operational data exposes industrial systems to various cyber threats, including malware attacks and data sabotage. While anti-malware programs promise protection, they may not be sufficient against hackers. Even cloud-based cybersecurity solutions are deemed insecure.

The increasing adoption of IoT in various industries highlights the need for robust cybersecurity measures to prevent potential risks. Without a failsafe cybersecurity option, end-users remain vulnerable to cyberattacks. The expanding scope of cyber threats is expected to impede the growth of the global IoT security market during the forecast period.

Customer Landscape

The market forecasting report includes the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.

Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Allot Ltd.: The company offers Internet of Things security solutions such as Allot Secure, Allot IoTSecure, and Allot DDoS Secure.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • AT and T Inc.
  • Atos SE
  • Broadcom Inc.
  • Check Point Software Technologies Ltd.
  • Cisco Systems Inc.
  • ForgeRock Inc.
  • Fortinet Inc.
  • Hewlett Packard Enterprise Co.
  • Infineon Technologies AG
  • Intel Corp.
  • International Business Machines Corp.
  • Microsoft Corp.
  • Palo Alto Networks Inc.
  • SecuriThings Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Market?

Market segmentation is a critical domain shaped by various factors such as consumer electronics integration and the growing dependency on IoT networks. The proliferation of cellular connections enhances connectivity but also introduces vulnerabilities that can be exploited by cybercriminals, leading to concerns about data breaches. Addressing these challenges requires a skilled workforce capable of implementing robust security measures like firewalls and safeguarding against IoT vulnerabilities. As industries embrace industrialization and leverage field-based sensors and advanced equipment, the need for resilient security systems becomes paramount to fend off potential cyber attacks. In domains like smart farming and precision agriculture, where IoT technologies are pivotal, securing smart greenhouses and smart drones is essential to ensure uninterrupted operations and data integrity.

The market share growth by the industrial sector segment will be significant during the forecast period. The industrial sector worldwide is reaping the benefits of IoT technology in terms of enhancing business productivity and gaining a competitive advantage. Machinery and devices are connected to the Internet using the software. The data that is generated and the insights gained into the production process are used for predictive maintenance and the optimization of performance on the factory floor.

Get a glance at the market contribution of various segments View the PDF Sample

The industrial sector segment was valued at USD 11.28 billion in 2017 and continued to grow until 2021This segment faces certain challenges, such as the need for more investments, the redesigning of business models, security concerns, the lack of standardization, and interoperability issues. Favorable government policies such as the National Institute of Standards and Technology (NIST) in the United States and partnerships among different organizations that are operating in the IoT space should help improve the level of expertise and thereby aid in overcoming these challenges. For instance, in July 2021, IBM and Verizon announced their partnership to create 5G and edge computing solutions for businesses.

Which are the Key Regions for the Market?

For more insights on the market share of various regions Download PDF Sample now!

North America is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. North America is one of the key contributors to the global Internet of Things security market. This is due to the expansion of the mobile network infrastructure and the rise in the adoption of cloud computing in the region. There is a huge trend of institutional IoT investments, consolidations, and partnerships among organizations to benefit from competitive advantages.

The energy and utilities sector is estimated to be one of the major contributors in the market in North America, owing to the planned installation of smart meters. Furthermore, advances in nanotechnology have resulted in the development of affordable and energy-efficient sensors that have widened the scope of the application of sensors in the military, telecommunication, and other industries. Such factors will increase the market growth during the forecast period.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • End-User Outlook 
    • Industrial sector
    • Commercial sector
    • Consumer sector
  • Deployment Outlook
    • On-premises
    • Cloud
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market is shaped by diverse challenges, such as the infamous Mirai attack and emerging threats like LightAidra, Kaiten, and Zingbo targeting various sectors, including entertainment systems. As IoT devices proliferate, so do potential threats to sensitive information and the risk of unauthorized access and data leaks jeopardizing the integrity of data. Despite barriers, the market thrives on innovative security solutions addressing a broad spectrum of applications from urban infrastructure to the agriculture sector. Regulatory bodies like the FBI and laws such as the California IoT security law drive compliance, while established brands like Avira and Tuya Smart offer managed IoT solutions. With the rise of machine learning and big data analytics, the industry undergoes digital transformation to fortify communication networks and cloud platforms against evolving threats, safeguarding confidential data and enabling remote monitoring.

Market Scope

Report Coverage

Details

Page number

175

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 30.44%

Market growth 2023-2027

USD 114.33 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

23.4

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 35%

Key countries

US, China, South Korea, Germany, and UK

Competitive landscape

Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

Allot Ltd., AT and T Inc., Atos SE, Broadcom Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., ForgeRock Inc., Fortinet Inc., Hewlett Packard Enterprise Co., Infineon Technologies AG, Intel Corp., International Business Machines Corp., Microsoft Corp., Palo Alto Networks Inc., SecuriThings Inc., Sophos Ltd., Telefonaktiebolaget LM Ericsson, Thales Group, Trend Micro Inc., and Trustwave Holdings Inc.

Market dynamics

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

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

View PDF Sample

What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, Europe, APAC, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global internet of things (IoT) security market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global internet of things (iot) security market 2017 - 2021 ($ billion)
    • 4.2 End-user Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)
    • 4.3 Deployment Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Deployment Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Industrial sector - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Industrial sector - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Industrial sector - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Industrial sector - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Industrial sector - Year-over-year growth 2022-2027 (%)
    • 6.4 Commercial sector - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Commercial sector - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Commercial sector - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Commercial sector - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Commercial sector - Year-over-year growth 2022-2027 (%)
    • 6.5 Consumer sector - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Consumer sector - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Data Table on Consumer sector - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 44: Chart on Consumer sector - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Consumer sector - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by End-user
      • Exhibit 46: Market opportunity by End-user ($ billion)
      • Exhibit 47: Data Table on Market opportunity by End-user ($ billion)

    7 Market Segmentation by Deployment

    • 7.1 Market segments
      • Exhibit 48: Chart on Deployment - Market share 2022-2027 (%)
      • Exhibit 49: Data Table on Deployment - Market share 2022-2027 (%)
    • 7.2 Comparison by Deployment
      • Exhibit 50: Chart on Comparison by Deployment
      • Exhibit 51: Data Table on Comparison by Deployment
    • 7.3 On-premises - Market size and forecast 2022-2027
      • Exhibit 52: Chart on On-premises - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Data Table on On-premises - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 54: Chart on On-premises - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on On-premises - Year-over-year growth 2022-2027 (%)
    • 7.4 Cloud - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Cloud - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Data Table on Cloud - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 58: Chart on Cloud - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Cloud - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Deployment
      • Exhibit 60: Market opportunity by Deployment ($ billion)
      • Exhibit 61: Data Table on Market opportunity by Deployment ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 South Korea - Market size and forecast 2022-2027
      • Exhibit 99: Chart on South Korea - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on South Korea - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on South Korea - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ billion)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Allot Ltd.
              • Exhibit 115: Allot Ltd. - Overview
              • Exhibit 116: Allot Ltd. - Product / Service
              • Exhibit 117: Allot Ltd. - Key offerings
            • 12.4 AT and T Inc.
              • Exhibit 118: AT and T Inc. - Overview
              • Exhibit 119: AT and T Inc. - Business segments
              • Exhibit 120: AT and T Inc. - Key news
              • Exhibit 121: AT and T Inc. - Key offerings
              • Exhibit 122: AT and T Inc. - Segment focus
            • 12.5 Atos SE
              • Exhibit 123: Atos SE - Overview
              • Exhibit 124: Atos SE - Business segments
              • Exhibit 125: Atos SE - Key news
              • Exhibit 126: Atos SE - Key offerings
              • Exhibit 127: Atos SE - Segment focus
            • 12.6 Broadcom Inc.
              • Exhibit 128: Broadcom Inc. - Overview
              • Exhibit 129: Broadcom Inc. - Business segments
              • Exhibit 130: Broadcom Inc. - Key news
              • Exhibit 131: Broadcom Inc. - Key offerings
              • Exhibit 132: Broadcom Inc. - Segment focus
            • 12.7 Check Point Software Technologies Ltd.
              • Exhibit 133: Check Point Software Technologies Ltd. - Overview
              • Exhibit 134: Check Point Software Technologies Ltd. - Product / Service
              • Exhibit 135: Check Point Software Technologies Ltd. - Key offerings
            • 12.8 Cisco Systems Inc.
              • Exhibit 136: Cisco Systems Inc. - Overview
              • Exhibit 137: Cisco Systems Inc. - Business segments
              • Exhibit 138: Cisco Systems Inc. - Key news
              • Exhibit 139: Cisco Systems Inc. - Key offerings
              • Exhibit 140: Cisco Systems Inc. - Segment focus
            • 12.9 Fortinet Inc.
              • Exhibit 141: Fortinet Inc. - Overview
              • Exhibit 142: Fortinet Inc. - Product / Service
              • Exhibit 143: Fortinet Inc. - Key offerings
            • 12.10 Hewlett Packard Enterprise Co.
              • Exhibit 144: Hewlett Packard Enterprise Co. - Overview
              • Exhibit 145: Hewlett Packard Enterprise Co. - Business segments
              • Exhibit 146: Hewlett Packard Enterprise Co. - Key news
              • Exhibit 147: Hewlett Packard Enterprise Co. - Key offerings
              • Exhibit 148: Hewlett Packard Enterprise Co. - Segment focus
            • 12.11 Intel Corp.
              • Exhibit 149: Intel Corp. - Overview
              • Exhibit 150: Intel Corp. - Business segments
              • Exhibit 151: Intel Corp. - Key news
              • Exhibit 152: Intel Corp. - Key offerings
              • Exhibit 153: Intel Corp. - Segment focus
            • 12.12 International Business Machines Corp.
              • Exhibit 154: International Business Machines Corp. - Overview
              • Exhibit 155: International Business Machines Corp. - Business segments
              • Exhibit 156: International Business Machines Corp. - Key news
              • Exhibit 157: International Business Machines Corp. - Key offerings
              • Exhibit 158: International Business Machines Corp. - Segment focus
            • 12.13 Microsoft Corp.
              • Exhibit 159: Microsoft Corp. - Overview
              • Exhibit 160: Microsoft Corp. - Business segments
              • Exhibit 161: Microsoft Corp. - Key news
              • Exhibit 162: Microsoft Corp. - Key offerings
              • Exhibit 163: Microsoft Corp. - Segment focus
            • 12.14 Palo Alto Networks Inc.
              • Exhibit 164: Palo Alto Networks Inc. - Overview
              • Exhibit 165: Palo Alto Networks Inc. - Product / Service
              • Exhibit 166: Palo Alto Networks Inc. - Key news
              • Exhibit 167: Palo Alto Networks Inc. - Key offerings
            • 12.15 Telefonaktiebolaget LM Ericsson
              • Exhibit 168: Telefonaktiebolaget LM Ericsson - Overview
              • Exhibit 169: Telefonaktiebolaget LM Ericsson - Business segments
              • Exhibit 170: Telefonaktiebolaget LM Ericsson - Key news
              • Exhibit 171: Telefonaktiebolaget LM Ericsson - Key offerings
              • Exhibit 172: Telefonaktiebolaget LM Ericsson - Segment focus
            • 12.16 Thales Group
              • Exhibit 173: Thales Group - Overview
              • Exhibit 174: Thales Group - Business segments
              • Exhibit 175: Thales Group - Key news
              • Exhibit 176: Thales Group - Key offerings
              • Exhibit 177: Thales Group - Segment focus
            • 12.17 Trustwave Holdings Inc.
              • Exhibit 178: Trustwave Holdings Inc. - Overview
              • Exhibit 179: Trustwave Holdings Inc. - Product / Service
              • Exhibit 180: Trustwave Holdings Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 181: Inclusions checklist
                • Exhibit 182: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 183: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 184: Research methodology
                • Exhibit 185: Validation techniques employed for market sizing
                • Exhibit 186: Information sources
              • 13.5 List of abbreviations
                • Exhibit 187: 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.

              INFORMATION 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

              DATA 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

              REPORT WRITING

              Qualitative

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

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              internet of things (iot) security market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis