IoT Security Market:It looks into the main factors influencing the market, such as opportunities, obstacles, and growth drivers.

Global IoT Security Market size was valued at US$ 18.19 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 22.1% through 2023 to 2029, reaching nearly US$ 73.60 Bn.

Global IoT Security Market Overview:

The Global IoT Security market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry's top rivals. The research scope covers a complete analysis of the Global IoT Security Market, as well as the causes for variances in the industry's growth in various places.

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Market Scope:

To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.


by Component


by Solution

Identity and Access Management
Data Encryption and Tokenization
Intrusion Detection System/Intrusion Prevention System
Device Authentication and Management
Secure Communications
PKI Lifecycle Management
Distributed Denial of Service Protection
Security Analytics
Other Solutions

by Service

Professional services
Managed Services

by Type

Network Security
Endpoint Security
Application Security
Cloud Security
Other Security Types

by Application Area

Smart Manufacturing
Smart Energy and Utilities
Connected Logistics
Smart Home and Consumer Electronics
Connected Healthcare
Smart Government and Defense
Smart Retail
Other Application Areas

by Deployment Mode


by Organisation

Size Small and Medium Enterprises
Large Enterprises

Key Players: The key players are

  1. Microsoft (US)
  2. AWS (US)
  3. Google (US)
  4. IBM (US
  5. Intel (US)
  6. Cisco (US)
  7. Ericsson (Sweden)
  8. Thales (France)
  9. Allot (Israel)
    10.Infineon (Germany)
    11.Atos (France)
    12.Magiccube (US)
    13.Dragos Security (US)
    15.Karamba Security (Israel)
    16.Vdoo (JFrog) (US)
    17.Forgerock (US)
    18.Ordr (US)
    19.Newsky (US)
    20.Armis (US)
    22.Trend Micro (Japan)
    23.Sophos (UK)
    24.Checkpoint (US)
    25.Fortinet (US)

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Regional Analysis:

Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Global IoT Security market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.

Key Questions Answered in the Global IoT Security Market Report are:

Which sub-segment had the largest share in the Global IoT Security market?
How is the competitive landscape of the Global IoT Security market in 2023?
Which are the key drivers impacting the Global IoT Security market growth?
Which region holds the maximum share in the Global IoT Security market?
What will be the CAGR of the Global IoT Security market during the forecast period (2023-2029)?

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