Global Internet Of Things Security Market Size to grow at a CAGR of 55.01% over period 2016-2020

New report "Global Internet Of Things Security Market 2016-2020", has been prepared based on an in-depth market analysis with inputs from industry experts.

About IoT Security

IoT is the communication between connected devices within a network. Data transmission takes place between smart devices, such as thermostats and sensors, which can be further connected to an individuals mobile devices. IoT works efficiently due to the interconnection between embedded hardware devices, communication services, software, and IT services. It helps in efficient remote monitoring and management of numerous interconnected devices. IoT also enables the creation of smart homes, smart shopping, smart transportation, and smart healthcare.

Technavios analysts forecast the global IoT security market to grow at a CAGR of 55.01% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global IoT security market for the period 2016-2020. To calculate the market size, the report considers the revenues generated from the sales of network security solutions including hardware, software, and services (including managed services) provided by vendors.

The market is divided into the following segments based on geography: 
Americas
APAC
EMEA

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Technavio's report, Global IoT Security Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Cisco Systems
Infineon Technologies
Intel
GE (Wurldtech Security Technologies)
Symantec

Other prominent vendors

Axeda Machine Cloud
Broadcom
Digi International
Ericsson
Eurotech
Fortinet
Gemalto
IBM
Kore Wireless
NetComm Wireless
Nokia
Numerex
Palo Alto Networks
Rockwell Automation
Secure Crossing
Sierra Wireless
Sophos
Systech Solutions
Telit
Tofino
Ventus Wireless

Market driver

Need to comply with stringent regulations
For a full, detailed list, view our report

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Market challenge

High total cost of ownership (TCO) of IoT security solutions
For a full, detailed list, view our report

Market trend

Emergence of integrated security solutions
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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