IoT Security Market Research by Key Players, Type and Application

1. IoTSecurity Market Report 2021-2028 www.emergenresearch.com . 2 Increasing incidence of malware and ransomware attacks and increasing regulations for IoT security are some key factors driving IoT security market growth.

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5. Market Summary 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. However, high cost of IoT security solutions and budget constraints among some end-users are some key factors expected to restrain global IoT security market growth to a certain extent during the forecast period. www.emergenresearch.com

6. Market Summary • Further key findings from the report suggest : • 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. • Request Free Sample : https://www.emergenresearch.com/request-sample/516 www.emergenresearch.com

7. Market Summary • Some Key Highlights From the Report : • Increasing adoption of IoT security solutions across various industries, including retail, healthcare, and logistics, and robust presence of international companies including Cisco Systems, Inc., Intel Corporation, and Broadcom Inc. in countries in North America are key factors expected to drive growth of the market in the region. • In June 2020, Cisco Systems, Inc. announced global launch of Cisco SecureX, which is a comprehensive yet embedded cloud-native security framework that includes Cisco Security solutions to streamline and improve the management of security by clients. • Major companies in the market 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 Free Sample Copy@https://www.emergenresearch.com/request-sample/516 www.emergenresearch.com

8. Market Summary • 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 • Read More @ https://www.emergenresearch.com/industry-report/iot-security-market

9. Market Summary • End-use Outlook (Revenue, USD Billion; 2021–2028) • Retail • Manufacturing • Defense • Government • Consumer Electronics • Energy & Utilities • Logistics & Transportation • Others • Read More@https://www.emergenresearch.com/industry-report/iot-security-market

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11. Regional Share Dynamics www.emergenresearch.com

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