According to the latest market research report released by Technavio, the global internet of things security market is expected to accelerate at a CAGR close to 49% during the forecast period. Increased spending on IoT security is one of the key factors triggering the growth of the market.
This research report titled ˜Global Internet of Things Security Market 2018-2022 provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
The market research analysis categorizes the global internet of things security market into the following end-users:
- Industrial sector
- Commercial sector
- Consumer sector
In 2017, the industrial sector segment accounted for 42% of the global market and is projected to decline to 40% by 2022, exhibiting almost 2% decrease in market share.
WANT TO BUILD A FINANCIAL EMPIRE?
Subscribe to the Global Banking & Finance Review Newsletter for FREE Get Access to Exclusive Reports to Save Time & Money
By using this form you agree with the storage and handling of your data by this website. We Will Not Spam, Rent, or Sell Your Information.
Global internet of things security market: Top emerging trend
Technological advances in IoT security is an emerging trend in the internet of things security market space. Various technological advances in the global IoT industry, coupled with the evolving nature of attacks are resulting in the development of advanced technologies and applications for implementations in the IoT security industry. Companies are increasingly vouching for the implementation and use of AI and big data in the global IoT security market as they can detect any intrusion and take appropriate counter measures against cyber-attacks. In addition to AI and big data, companies are also vouching for Blockchain, Software Defined Networks along with other technologies such as Edge Computing and Digital Twin Technology. Therefore, with such technological advances, the market is expected to witness a positive outlook during the forecast period.
Looking for more information on this market? Request a free sample report
Technavios sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavios report provides expert market research on the following topics:
- Market Outline
- Global Internet of Things Security Market Overview
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, EMEA)
- Key leading countries
- Market segmentation by end-user (industrial sector, commercial sector, consumer sector)
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (Cisco Systems, IBM, Infineon Technologies, Intel, and Symantec)
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavios report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at [email protected].
Media & Marketing Executive
+1 844 364 1100
UK: +44 203 893 3200