Global IoT security market will reach $115.6 billion by 2030, growing by 24.8% annually over 2020-2030, owing to an increasing number of malware attacks on IoT devices, the growing demand for cloud-based services for authentication process, growing IoT security regulations, rising security concerns over critical infrastructures, and rapid development of 5G network across the globe.
Highlighted with 83 tables and 94 figures, this 179-page report “Global IoT Security Market 2020-2030 by Component (Software & Solutions, Services), Security Type (Cloud, Network, Endpoint, Application), Deployment (Cloud-based, On-premises), End User, Organization Size, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global IoT security market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
- Market Structure
- Growth Drivers
- Restraints and Challenges
- Emerging Product Trends & Market Opportunities
- Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global IoT security market in every aspect of the classification from perspectives of Component, Security Type, Deployment, End User, Organization Size, and Region.
Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
- Software & Solutions
o Identity Access & Management
o Data Encryption & Tokenization
o Device Authentication and Management
o Intrusion Prevention/Intrusion Detection Systems
o Distributed Denial of Service (DDoS) Protection
o Other IoT Security Solutions
o Consulting Service
o Maintenance Service
o Managed Service
o Other Services
Based on Security Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
- Cloud Security
- Network Security
- Endpoint Security
- Application Security
- Other Security Types
Based on Deployment, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
- Cloud-based IoT Security
- On-premises IoT Security
Based on End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
- Manufacturing Industry
- Automotive Industry
- Energy and Utilities
- Government & Defense
- Retail and eCommerce
- Healthcare Industry
- Smart Home & Consumer Electronics
- Transportation & Logistics
- IT & Telecom
- Other End Users
Based on Organization Size, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
- Small & Medium Enterprises (SMEs)
- Large Enterprises
Geographically, the following regions together with the listed national/local markets are fully investigated:
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (UAE, Saudi Arabia, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Component, Security Type, and End User over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
Broadcom Corporation (Symantec Corporation)
CENTRI Technology Inc.
Cisco Systems, Inc.
Infineon Technologies AG
Palo Alto Networks, Inc.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)