The Global Internet Of Things (Iot) Security Market accounted for USD 6.62 billion in 2016 growing at a CAGR of 35.52% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. Key Players Mentioned in the Internet of Things (IoT) Security Market Research Report: Geographic Revenue Mix , Cisco Systems, Inc , BM Corporation , Infineon Technologies , Intel Corporation, Symantec Corporation , Arm Holdings PLC , Check Point Software Technologies Ltd , Trend Micro, Inc , PTC,Inc , Gemalto NV , Sophos Group PLC , Inside Secure , Wurldtech Security Technologies Inc, and others.
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Major market drivers & restraints:
- Increasing need for data-centric security
- Increase in risk-based adaptive security for IoT ecosystem
- Increasing ransomware attacks on IoT systems
- Securing ubiquitous environment
- Physical restraint of IoT devices
- Endless variety of IoT applications
Analysis of the market
This Internet of Things (IoT) Security report utilizes different types of the analysis of the market like SWOT analysis, Ports Five analysis which examines weakness, threats, drivers and restraints of the market.
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The global internet of things (IoT) research report gives a total 360-degree analytic perspective of the global internet of things (IoT) market as it includes data related to innovation, key improvements, drivers, limitations and future patterns which affect its growth. The report likewise covers key players profiling utilizing exhaustive SWOT analysis, financial actualities and key improvements of products/services from the previous years. The target of the research report is to display present status of the global internet of things (IoT) market and clearing out complex market data. The report mulls over the prime market players in each territory from over the globe. It features key needs to help associations to realign their undertaking techniques.
The global internet of things (IoT) market research report empowers the industry players such as CEO, VP’s to improve their decision making by understanding the plans which ooze business enthusiasm concerning administrations and products, division and industry verticals. The report saves the time of the new entrants by undertaking entry level research. The report is mainly covers the regions such as North America, Europe, Asia-Pacific, South America, Middle East and Africa. It likewise evaluates political, economic, and social and factors affecting the global internet of things (IoT) market in these regions.
- On the basis of type, the global internet of things (IoT) security market is further segmented into network security, endpoint security, application security, cloud security.
- On the basis of solution, the global internet of things (IoT) security market is segmented into identity access management, data encryption and tokenization, intrusion detection system/intrusion prevention system, device authentication and management, secure software and firmware update, secure communications, PKI lifecycle management, distributed denial of service protection, security analytics.
- On the basis of service, the global internet of things (IoT) security market is segmented into professional services, and managed services. The professional services is further sub segmented into integration services, support and maintenance, and consulting services
- On the basis of application, the global internet of things (IoT) security market is segmented into smart manufacturing, smart energy and utilities, connected logistics, consumer wearables, connected healthcare, smart government and defense, connected vehicles, smart retail, and others.
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