IoT Security Market Growth Factors and Opportunities with Top Prominent Players like Cisco Systems, IBM Corporation, Infineon Technologies, Intel Corporation, Symantec Corporation, ARM Holdings, NXP Semiconductor

A new research report titled, ‘Global IoT Security Market’ has been added to the vast repository The Insight Partners. The intelligence report provides an in-depth analysis of the global market on the basis of the different types of products, technologies, industry verticals, applications, and end-users. The IoT Security Market Report is a valuable source of information for businesses and individuals. It provides industry linkages, business strategies and proposals to invest in new projects, and includes market conditions, market share, growth rates, future trends, market drivers, challenge. This report focuses on the global status, future forecast, growth opportunity, key market and key players. The study objectives are to present the IoT Security development in United States, Europe and China.

IoT security market is expected to grow from US$ US$ 8.4 Bn in 2017 to US$ 30.9 Bn by 2025 at a CAGR of 17.6% between 2017 and 2025.

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.

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Key Benefits-

To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global IoT Security Market.

To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)

Some of The Major Players In Global Market:

  1. Cisco Systems, Inc.
  2. IBM Corp.
  3. Infineon Technologies
  4. Intel Corporation
  5. Symantec Corporation
  6. ARM Holdings
  7. NXP Semiconductor
  8. INSIDE Secure
  9. Gemalto NV
  10. Trend Micro, Inc.
  11. Synopsys

Key trend which will predominantly effect the IoT security market in coming year is growing appearance of Blockchain in IoT security market. Blockchain technology is capable of being used in tracking billions of connected devices, enable the processing of transactions and coordination between devices, allow for significant savings to IoT industry manufacturers. This decentralized approach is anticipated to eliminate single points of failure, creating a more resilient ecosystem for devices to run on. The cryptographic algorithms used by blockchain, is expected to make consumer data more private. The blockchain in IoT can be applied to connected vehicles, smart appliances and supply chain sensors.

Worldwide IoT Security Market Analysis to 2025 is a specialized and in-depth study of the IoT Security industry with a focus on the global market trend. Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2025.

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IoT Security Market – Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.

Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global IoT Security Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the IoT Security Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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Posted by on Thursday June 20 2019, 1:00 PM EDT. All trademarks acknowledged. Filed under Business Services, Featured Press Release, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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