Global Internet of Things Security Market Size 2021: by Segmentation, Emerging Trends, Solutions, Services, Company Profiles, and Business Opportunities to 2025

(The Express Wire via Comtex)

In the past few years, the Internet of Things Security market experienced a growth of xx, the global market size of Internet of Things Security reached xx million $ in 2020, of what is about xx million $ in 2015.

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From 2015 to 2019, the growth rate of global Internet of Things Security market size was in the range of xxx%. At the end of 2019, COVID-19 began to erupt in China, Due to the huge decrease of global economy; we forecast the growth rate of global economy will show a decrease of about 4%, due to this reason, Internet of Things Security market size in 2020 will be xx with a growth rate of xxx%. This is xxx percentage points lower than in previous years.

As of the date of the report, there have been more than 20 million confirmed cases of CVOID-19 worldwide, and the epidemic has not been effectively controlled. Therefore, we predict that the global epidemic will be basically controlled by the end of 2020 and the global Internet of Things Security market size will reach xx million $ in 2025, with a CAGR of xxx% between 2020-2025.

The exponential growth of IoT (Internet of Things) Security market is attributed to growing due to the rising number of cyber-attacks as a result of rising interest of population for associated gadgets, web connectivity, accessibility of distributed computing administrations and plummeting cost of sensors. Moreover, surge in government expenditure on information communication and technology (ICT) across several developed as well as developing economies including North America, Europe and Asia-Pacific further fuels the IoT security market growth. In addition, to ensure security of high internet penetration coupled with greater proliferation of networking devices such as mobile phones and improvement of remote sensing technologies, for instance Z-Wave, ZigBee and Bluetooth significantly supplements the growth of the market across the globe.

Moreover, IoT (Internet of Things) Security market is fragmented because of the existence of a large number of enterprises in the market’s competitive landscape. Also, as per a recent study it was concluded that by the end of forecast period (2018-2022) many of the major companies including Infineon Technologies, Symantec, Intel among others will twofold their expenditure on IoT security services. Additionally, there has been an improved demand for IoT security from the energy and utility segments, because IoT aids the uninterrupted monitoring of extensive delivery operations in the region accompanied by robotic remote infrastructure device as well as deployment of competent smart networks.

Furthermore, IoT security market has been segmented by different components, security type and end-user. These segments have further been sub-divided among which industrial sector under end-user was accounted for the largest market share in 2017.

The growth of market is challenged due to the lack of knowledge about the benefits as well as availability of IoT security solutionsamong the population. However, government’s strict rules and regulations for data security will ensure the market expansion at significant pace.

The report also includes a discussion of the key vendors operating in this market.

Key vendors

Cisco Systems

IBM

Infineon Technologies

Intel

Symantec

Market driver

Government regulations driving IoT security

For a full, detailed list, view our report

Market challenge

Increased complexity of IoT networks

For a full, detailed list, view our report

Market trend

Increasing emphasis on IDoT

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2022 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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Table of Contents
Section 1 Internet of Things Security Product Definition
Section 2 Global Internet of Things Security Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Internet of Things Security Shipments
2.2 Global Manufacturer Internet of Things Security Business Revenue
2.3 Global Internet of Things Security Market Overview
2.4 COVID-19 Impact on Internet of Things Security Industry
Section 3 Manufacturer Internet of Things Security Business Introduction
Section 4 Global Internet of Things Security Market Segmentation (Region Level)
Section 5 Global Internet of Things Security Market Segmentation (Product Type Level)
Section 6 Global Internet of Things Security Market Segmentation (Industry Level)
Section 7 Global Internet of Things Security Market Segmentation (Channel Level)
Section 8 Internet of Things Security Market Forecast 2020-2025
Section 9 Internet of Things Security Segmentation Product Type
Section 10 Internet of Things Security Segmentation Industry
Section 11 Internet of Things Security Cost of Production Analysis
11.1 Raw Material Cost Analysis
11.2 Technology Cost Analysis
11.3 Labor Cost Analysis
11.4 Cost Overview
Section 12 Conclusion

Chart and Figure
Figure Internet of Things Security Product Picture from Check Point Security Software Technologies
Chart 2015-2020 Global Manufacturer Internet of Things Security Shipments (Units)
Chart 2015-2020 Global Manufacturer Internet of Things Security Shipments Share
Chart 2015-2020 Global Manufacturer Internet of Things Security Business Revenue (Million USD)
Chart 2015-2020 Global Manufacturer Internet of Things Security Business Revenue Share
Chart Check Point Security Software Technologies Internet of Things Security Shipments, Price, Revenue and Gross profit 2015-2020

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