Global Internet of Things (IoT) Security Market Outlook 2020-2025 – Increasing Ransomware Attacks on IoT Devices and Growing IoT Security Regulations Driving Market Growth

DUBLIN, July 30, 2020 /PRNewswire/ — The “IoT Security Market by Type (Network Security & Cloud Security), Component, Solution (Identity and Access Management, Security Analytics, & Device Authentication & Management), Service, Application Area, and Region – Global Forecast to 2025” report has been added to’s providing.

In the final decade, the world has witnessed quite a few adjustments in industries, comparable to manufacturing, power and utilities, transportation, logistics, and healthcare. The most identified change is digitalization, the adoption of digital applied sciences. Cell telephones have turn into commonplace, tablets have changed spiral notebooks in faculties, and firms are creating next-gen applied sciences, comparable to driverless vehicles and drones. Everything is linked now, particularly for companies. With the expansion of the web and networking, the communication and administration of any variety of gadgets from a single place has turn into attainable. IoT offers the management of assorted linked gadgets right into a single, good machine, comparable to a smartphone, PC, and pill.

At the identical time, it offers a possibility for hackers to infiltrate your complete infrastructure by hacking the controlling machine. Hence, IoT safety has turn into important for organizations, governments, utilities, and people for the safety of information and infrastructure, and is gaining traction in day-to-day deployment. The international IoT safety market is anticipated to develop from USD 12,540 million in 2020 to USD 36,600 million by 2025, at a CAGR of 23.9% in the course of the forecast interval.

Major elements driving the expansion of the IoT safety market are the growing variety of ransomware assaults on IoT gadgets throughout the globe, rising IoT safety laws, and rising safety issues over vital infrastructures. However, the brand new variants of IoT threats, lack of expertise, expensive IoT safety options, and price range constraints amongst SMEs for IoT safety could restrict the market progress.

Cloud safety addresses each bodily and digital safety throughout the service fashions of software program, platforms, and infrastructures. Various cloud utility safety options embody danger evaluation, utility governance, identification entry administration, encryption, malware detection and safety, and Security Information and Event Management (SIEM). Cloud safety is among the most necessary points of IoT safety, as IoT information is saved in Virtual Machines (VMs) and prone to cyber-attacks.

Identity and entry administration refers to a enterprise course of framework. This framework consists of insurance policies and applied sciences, which assist organizations management the suitable accesses of all staff to know-how sources. The identification entry administration resolution performs an important position in managing enterprises’ digital or digital identities. These options could be shortly and cost-effectively built-in with identification entry administration insurance policies throughout on-premises, cloud, and hybrid environments.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities within the IoT Security Market
4.2 Global Market Top 2 Types and Regions
4.3 Market by Region
4.4 Market Global Revenue Share

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.Three COVID-19 Pandemic-Driven Market Dynamics and Factor Analysis
5.4 Regulatory Implications
5.5 Use Cases

6 IoT Security Market, by Component
6.1 Introduction
6.2 Solutions
6.3 Services

7 IoT Security Market, by Type
7.1 Introduction
7.2 Network Security
7.3 Endpoint Security
7.4 Application Security
7.5 Cloud Security
7.6 Others

Eight IoT Security Market, by Solution
8.1 Introduction
8.2 Identity and Access Management
8.3 Data Encryption and Tokenization
8.4 Intrusion Detection System and Intrusion Prevention System
8.5 Device Authentication and Management
8.6 Secure Communications
8.7 Public Key Infrastructure Lifecycle Management
8.8 Distributed Denial of Service Protection
8.9 Security Analytics
8.10 Others

9 IoT Security Market, by Service
9.1 Introduction
9.2 Professional Services
9.3 Managed Services

10 IoT Security Market, by Application Area
10.1 Introduction
10.2 Smart Manufacturing
10.3 Smart Energy and Utilities
10.4 Connected Logistics and Transportation
10.5 Smart Home and Consumer Electronics
10.6 Connected Healthcare
10.7 Smart Government and Defense
10.8 Smart Retail
10.9 Others

11 IoT Security Market, by Region

12 Competitive Landscape
12.1 Overview
12.2 Competitive Leadership Mapping (Overall Market)
12.3 Ranking of Key Players
12.4 Competitive Leadership Mapping Overview (Startup)

13 Company Profiles

  • Allot
  • Armis
  • CA Technologies
  • Centri
  • Cisco
  • Claroty
  • Cyber X
  • Digi International
  • Dragos Security
  • Forgerock
  • Fortinet
  • Gemalto
  • IBM
  • Icon Labs
  • Infineon
  • Intel
  • Karamba Security
  • Magiccube
  • Mocana
  • Newsky
  • Nortonlifelock (Symantec)
  • Secure RF
  • Securithings
  • Vdoo
  • Zingbox

14 IoT Security Adjacent Market
14.1 Adjacent Market
14.2 Cybersecurity
14.3 Identity and Access Management
14.4 Perimeter Intrusion Detection System
14.5 Physical Security

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