The global IoT security market is expected to reach a market size of USD 88.09 Billion by 2028 and register a high revenue CAGR, according to latest analysis by Emergen Research. Increasing number of malware and ransomware attacks and development and deployment of more efficient solutions is expected to drive growth of the global IoT security market growth to a significant extent during the forecast period. Increasing regulations for IoT security is expected to further propel the global IoT security market growth over the forecast period. Rising emphasis among governments of developing countries for development of smart cities is also expected to boost growth of the global IoT security market during the forecast period.
The report studies the impact of the COVID-19 pandemic on the IoT Security market and its crucial segments. The supply chain disruptions and economic instability have negatively impacted the growth of the market in several key regions. The report offers an in-depth analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis. The report examines the recent COVID-19 crisis and its impact on the global market. The report explores the present and future impact of the pandemic and provides an insight into the post-pandemic market scenario.
Get a sample PDF of the report @ https://www.emergenresearch.com/request-sample/516
Key Highlights of Report
- Increasing trend of companies adopting Bring Your Own Device trend and IoT security threat to organizations’ networks is a factor driving revenue growth of the network security segment currently, which is expected to register a significantly high CAGR of 26.7% over the forecast period.
- In terms of revenue share, the solution segment is expected to lead during the forecast period due to increasing need for security solutions across various industries.
- In terms of revenue share, the consumer electronics segment is expected to lead among other end-user segments during the forecast period due to increasing adoption of IoT based consumer electronics globally.
The report offers a complete analysis of the global IoT Security market on a global and regional scale and offers a forecast for the market for 8 years. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.
Key companies profiled in the IoT Security report include:
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
Request a discount on the report @ https://www.emergenresearch.com/request-discount/516
The report further covers comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a complete understanding of the competitive landscape and scenario of each market player. The report also provides an in-depth analysis of the applications and product types offered in the market.
To get leading market solutions, visit the link below:
https://www.emergenresearch.com/industry-report/iot-security-market
Emergen Research has segmented the global IoT security market on the basis of type, component, end-use, and region.
- Type Outlook (Revenue, USD Billion; 2021–2028)
- Cloud Security
- Network Security
- Application Security
- Endpoint Security
- Others
- Component Outlook (Revenue, USD Billion; 2021–2028)
- Services
- Managed Services
- Professional Services
- Solutions
- Encryption
- Unified Threat Management
- Analytics
- Identity Access Management
- Data Loss Protection
- Others
- End-use Outlook (Revenue, USD Billion; 2021–2028)
- Retail
- Manufacturing
- Defense
- Government
- Consumer Electronics
- Energy Utilities
- Logistics Transportation
- Others
Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
To know more about the IoT Security report, visit @ https://www.emergenresearch.com/industry-report/iot-security-market
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
Request a Customization on the report @ https://www.emergenresearch.com/request-for-customization/516
Thank you for reading our report. Please get in touch with us for further queries about the report and our team will assist you according to your needs.
Explore more Emergen Research Reports @ https://www.emergenresearch.com/
Virtual Reality in Medical Market
Increasing Applications of DNA Origami
Nutrigenomics Market
Sanger Sequencing Services Market
Whole Exome Sequencing Market
Health Data Archiving Market
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
Facebook | LinkedIn | Twitter | Blogs
Read Full Press Release @ https://www.emergenresearch.com/press-release/global-iot-security-market
IoT Security Market Size,
IoT Security Market Demand,
IoT Security Market Growth,
IoT Security Market Revenue,
IoT Security Market Forecast,
