The IoT security market report, published by GMI Research, provides extensive insight and analysis of the IoT security market over the forecast period (2020-2027). The report primarily focuses on the key business financials, product portfolio, expansion strategies, and recent developments in the IoT security market. The research report also studies the competitive environment of the IoT security market based on the company profiles and their efforts on increasing product value and production.

Leading Players in the IoT Security Market

The notable players in the IoT Security market include Macafee LLC, Trustwave, Infineon Technologies, IBM Cooperation, Symantec Corporation, PTC, Inc, Juniper Networks Inc., Cisco Systems, Inc, Verizon Enterprise Solutions, Check Point Security Software Technologies Ltd., Gemalto NV, and AT&T, Inc., among others

Key Drivers in the IoT Security Market

The key drivers contributing to the growth of the IoT security market, including the strong demand for IoT enabled devices, increasing number of cyber-attacks, and the accelerating adoption of cloud technologies by organizations. For instance, the growing trends of Bring Your Own Device (BYOD), which increases concerns about data security, because individuals are using different devices in their workplace, which is rising the threat of data loss. Due to this, the organizations are focusing on the Internet of Things (IoT) security-enabled devices.

On the other hand, the lack of awareness about benefits, the easy availability of security methods, and the high costs of installation are likely to hamper the growth of the Internet of Things (IoT) security market.

Market Segmentation

IoT Security Market by Security Type:

Network Security
Cloud Security
Endpoint Security
Application Security
Others
IoT Security Market by Solutions:

Security Analytics
Data Encryption
Identity Access Management (IAM)
Unified Threat Management
Intrusion Detection Systems
Others
IoT Security Market by Services:

Professional
Managed
IoT Security Market by End User:

Healthcare
Retail
Financial and Insurance Services
IT & Telecom
Government and Defence
Other
IoT Security Market by Region:

North America
o United States of America

o Canada

Asia Pacific
China
Japan
India
Rest of APAC
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

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