IoT Security Market Professional Survey Report 2025 by Type, Solution, Industry Landscape, Company Profile and Application
IoT security market is expected to grow US$ 30.9 billion by 2025 from US$ 7.28 billion in 2016 and is expected to continue its dominance throughout the forecast period
(EMAILWIRE.COM, April 27, 2018 ) According to a new market research study titled ‘IoT Security Market to 2025 – Global Analysis and Forecasts by Type, Solution and Application’, the global IoT Security market was valued at US$ 7.3 Bn in 2016 and is estimated to reach US$ 30.9 Bn by 2025. The report highlights the trends prevalent in the global IoT Security market and the factors driving the market along with those that act as deterrents to its growth.
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Network security market comprise largest market share among all five security types and is expected to continue its dominance throughout the forecast period. The demand for network security solutions is highly influenced by rising demand for security solutions for the cloud technology. Also, intensive use of virtualization has raised the vulnerability of networks to certain threats such as, malware or defective processes that are reducing the efficiency of the hypervisor.
IoT creates immense opportunities to benefit the multiple business segments and society, with rise in the use of network-connected devices, systems, and services. Nevertheless, IoT security has not grown with the same pace of revolution and deployment, thus creating extensive economic and safety risks. As there is increase in integrated network connections into critical infrastructure, important processes that are performed digitally are becoming more vulnerable to cyber threats. Increasing dependence on network-connected technologies has grown faster than the means to secure it.
The overall IoT security market size has been derived using both primary and secondary source. The IoT security market research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the IoT security market.
For more information about this report visit: http://www.theinsightpartners.com/reports/iot-security-market
The global IoT Security market has been segmented on the basis of type into network security, endpoint security, cloud security, application security and others. Furthermore, this market is also bifurcated on the basis of solutions into threat analysis, Identity Access Management, Data Loss Protection, Encryption, Dispatch & Incident Response, Distributed Denial of Service Protection and Others. IoT Security finds its applications in many industry verticals and consequently the market has been segmented on the basis of applications into Smart Home, Connected Car, Information & Communication Technology, Smart Factories, BFSI, Smart Retail, Smart Transportation, Smart Healthcare, Wearable and Others. Geographically, the global IoT Security market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).
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Network security market comprise largest market share among all five security types and is expected to continue its dominance throughout the forecast period. The demand for network security solutions is highly influenced by rising demand for security solutions for the cloud technology. Also, intensive use of virtualization has raised the vulnerability of networks to certain threats such as, malware or defective processes that are reducing the efficiency of the hypervisor.
IoT creates immense opportunities to benefit the multiple business segments and society, with rise in the use of network-connected devices, systems, and services. Nevertheless, IoT security has not grown with the same pace of revolution and deployment, thus creating extensive economic and safety risks. As there is increase in integrated network connections into critical infrastructure, important processes that are performed digitally are becoming more vulnerable to cyber threats. Increasing dependence on network-connected technologies has grown faster than the means to secure it.
The overall IoT security market size has been derived using both primary and secondary source. The IoT security market research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the IoT security market.
For more information about this report visit: http://www.theinsightpartners.com/reports/iot-security-market
The global IoT Security market has been segmented on the basis of type into network security, endpoint security, cloud security, application security and others. Furthermore, this market is also bifurcated on the basis of solutions into threat analysis, Identity Access Management, Data Loss Protection, Encryption, Dispatch & Incident Response, Distributed Denial of Service Protection and Others. IoT Security finds its applications in many industry verticals and consequently the market has been segmented on the basis of applications into Smart Home, Connected Car, Information & Communication Technology, Smart Factories, BFSI, Smart Retail, Smart Transportation, Smart Healthcare, Wearable and Others. Geographically, the global IoT Security market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).
Contact Information:
The Insight Partners
Sameer Joshi
Tel: +91 9666111581
Email us
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The Insight Partners
Sameer Joshi
Tel: +91 9666111581
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results