Global Internet of Things Security Market Growth (Status and Outlook) 2023-2029

Global Internet of Things Security Market Growth (Status and Outlook) 2023-2029

IoT security is the area of endeavor concerned with safeguarding connected devices and networks in the Internet of things (IoT).

LPI (LP Information)' newest research report, the “Internet of Things Security Industry Forecast” looks at past sales and reviews total world Internet of Things Security sales in 2022, providing a comprehensive analysis by region and market sector of projected Internet of Things Security sales for 2023 through 2029. With Internet of Things Security sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Internet of Things Security industry.

This Insight Report provides a comprehensive analysis of the global Internet of Things Security landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Internet of Things Security portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Internet of Things Security market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Internet of Things Security and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Internet of Things Security.

The global Internet of Things Security market size is projected to grow from US$ 2042.4 million in 2022 to US$ 3159.6 million in 2029; it is expected to grow at a CAGR of 6.4% from 2023 to 2029.

Global Internet of Things (IoT) Security main players are Cisco Systems, Intel Corporation, IBM Corporation, Symantec Corporation, Trend Micro, etc. Global top five manufacturers hold a share above 25%. North America is the largest market, with a share over 35%.

This report presents a comprehensive overview, market shares, and growth opportunities of Internet of Things Security market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Network Security
Endpoint Security
Application Security
Cloud Security
Others

Segmentation by application
Smart Retail
Smart Government and Defense
Connected Healthcare
Connected Logistics
Smart Energy and Utilities
Smart Manufacturing
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Check Point Security Software Technologies
Cisco Systems
Digicert
GE
Gemalto
Hewlett Packard Development Company
Infineon Technologies
Intel
IBM
NSIDE Secure
PTC
Sophos
Symantec Corporation
Trend Micro
Trustwave
Verizon Enterprise Solutions

Please note: The report will take approximately 2 business days to prepare and deliver.