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IoT Security Market Value to Reach USD 37.2 billion by 2027

IoT Security Market is projected to grow up to USD 37.2 billion by 2027 growing at a CAGR of 24.5% during the forecasting period 2021-2027 a WhipsmartMI report

(EMAILWIRE.COM, July 26, 2021 ) The Internet of Things (IoT) connects to a network devices including industrial equipment and consumer products, enabling the information collection and control by software to enhance efficiency and provide new services. IoT brings together hardware, software integration, connectivity and IT services. IoT helps develop an intelligent media environment, including smart shopping, clever housing, intelligent healthcare and intelligent transit. The most important components of IoT include WSN, RFID, cloud, NFC, gateways, data storage & analytics, and visualization. IoT assists efficient multi-connected management and monitoring. The network-powered technology can handle IoT security.

View more @ https://whipsmartmi.com/report/iot-security-market

Increased ransomware assaults on numerous IoT devices are part of the security IoT trend. Increased IoT security requirements across developing nations and increased malware and phishing threats across various firms are boosting market growth. But corporate budget limits and costly IoT security solutions hamper industry expansion. In addition, there will be significant opportunities to create IoT security solutions and the acceptance of IoT security solutions by many emerging countries in the future.

The IoT Security market report provides geographic analysis covering regions, such as North America, Europe, Asia Pacific, and Rest of the World. The IoT Security market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Request a Sample copy of this research priced at USD 1500 (Single User License) @ https://whipsmartmi.com/sample/ic0720/IoT-Security-Market

This report offers the major market player’s profiles, such as IBM Corporation, Intel Corporation, Infineon Technologies AG, Cisco Systems Inc., Broadcom, Gemalto NV, Fortinet Inc., SecuriThings, Palo Alto Networks Inc., and Trend Micro Incorporated.

The IoT Security Market report has been categorized as below

By component

IoT Security Market Solution
Identity and Access and Management
Data Encryption and Tokenization
Intrusion Detection System and Intrusion Prevention System
Device Authentication and Management
Secure Communications
Public Key Infrastructure and Lifecycle Management
Distribute Denial of Service Protection
Security Analytics
Others

Services
Professional Services
Integration Service
Consulting Service
Support and Maintenance
Managed Services

By Type
Network Security
Endpoint Security
Application Security
Cloud Security
Others (web security and email security)

By application
Smart Manufacturing
Smart Energy and Utilities
Connected Logistics and Transportation
Smart Home and Consumer Electronics
Connected Healthcare
Smart Government and Defense
SmartRetail
Others

About whipsmartmi:
We are a growth partnership company that provides fact-based consulting services focused on helping our clients achieve incremental and transformational growth competing in business-to- business and business-to- consumer markets. We facilitate their growth journey through an environment that is dominated by accelerating change, constant evolution of new business models, disruptive trends and technologies in their respective industry.

We serve a wide spectrum of global industries such as Semiconductor and Electronics, Information Technology, Communication, Medical Devices, Pharmaceuticals, Defense, Aviation, and Chemicals among others. Our well-seasoned blend of technical and marketing expertise enables us to serve our customers with comprehensive study of global supply chains that helps them to devise highly effective strategies.

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Contact Information:
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Neeraj
Tel: +1 5102005090
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