Global IoT Security Market by Type of Security, Solutions, End-user Vertical and Region - Forecast to 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 20, 2018--The “Global IoT Security Market - Segmented by Type of Security (Network Security, Endpoint Security, Application Security, Cloud Security), Solutions (Software, Services), End-user Vertical and Region - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The global IoT Security Market was valued at USD 4,270 million. It is expected to reach a value of USD 18,267.2 million by 2023, registering a CAGR of about 27.85% over 2018-2023 (the forecast period).
One of the factors driving the IoT security market is effective communication architecture to end users. The major factors hampering the growth of the market are lack of technical expertise about infrastructure handling and a low budget for strategic implementations.
North America is a major contributor to the IoT security market. The Asia-Pacific region is expected to witness the fastest growth during the forecast period.
Cloud security is witnessing substantial growth across different verticals. IAM (Identity Access Management) is poised to be the most favorable solution segment during forecast period, as it provides advanced authentication over other solutions and enhances the enterprise mobility. BFSI is another major contributor to the IoT security market, with a rising adoption in mobile applications.
Key HighlightsIncrease in Data Breaches is Driving the Market Endpoint Security is the Fastest Growing Sector North America Occupies the Largest Market Share
Companies ProfiledSymantec Corporation IBM Corporation Check Point Software Technologies Intel Corporation HP Enterprise Company FireEye Inc. Infineon Technologies AG Trustwave Holdings Gemalto NV AT&T Inc. Palo Alto Networks Inc.
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Technology Overview
6. Global IoT Testing System Segmentation By Type of Security
7. Global IoT Testing System Segmentation By Type of Solution
8. Global IoT Testing System Segmentation By End-User Vertical
9. Global IoT Testing System Segmentation By Region
10. Competitive Intelligence - Company Profiles
11. Investment Analysis
12. Future of the Market
For more information about this report visit https://www.researchandmarkets.com/research/rmlm9l/global_iot?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181220005337/en/
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Related Topics:Internet of Things and M2M
INDUSTRY KEYWORD: TECHNOLOGY SECURITY
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/20/2018 07:04 AM/DISC: 12/20/2018 07:05 AM