Report ID: UCMIG45A2044
Report ID:
UCMIG45A2044 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global Internet of Things (IoT) security market was valued at USD 1.24 billion in 2017 and is projected to grow at a CAGR of 29.7% during the forecast period. IoT is a significant technology trend that has gained attention from companies worldwide. The increasing integration of IoT products in wireless networking, artificial intelligence, and machine learning, along with advancements in sensors and microcontrollers, has made security a crucial requirement for reliable operations of the technology.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Internet Software & Services by segment aggregation, the contribution of the Internet Software & Services in Software & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONThe market for Internet of Things (IoT) Security was estimated to be valued at US$ XX Mn in 2021.
The Internet of Things (IoT) Security Market is estimated to grow at a CAGR of XX% by 2028.
The Internet of Things (IoT) Security Market is segmented on the basis of Component, Solution, Services, Security Type, Application, Regional.
Based on region, the Internet of Things (IoT) Security Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
The key players operating in the Internet of Things (IoT) Security Market are , Cisco Systems Inc.;, Gemalto NV;, IBM Corporation;, McAfee, LLC;, Symantec Corporation..
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Report ID: UCMIG45A2044