IoT Security Market Top Companies and Business Development Report by 2028

Increasing incidence of malware and ransomware attacks and increasing regulations for IoT security are some key factors driving IoT security market growth.


The global IoT security market is expected to reach a market size of USD 88.09 Billion by 2028 and register a high revenue CAGR, according to latest analysis by Emergen Research. Increasing regulations for IoT security is expected to further propel the global IoT security market growth over the forecast period.  The best of both research techniques including qualitative and quantitative are applied to gauge the market size, share, and growth rate. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies. 

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The report covers the impact analysis of the COVID-19 pandemic on the overall IoT Security industry. The COVID-19 pandemic has affected several sectors of the global market, and the IoT Security sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2028. The study offers comprehensive coverage of the qualitative and quantitative analysis of the IoT Security market along with crucial statistical data about the IoT Security market.

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Scope of the Report:

The researcher assessing the IoT Security Market dive deep to unearth intangible facts related to the key restraints, opportunities, and threats expected to shape the progress of the industry during the forecast period, 2020 - 2028. Significant evaluation of other factors such as demand and supply status, import and export, distribution channel, consumption volume, and production capability play a vital role in offering business owners, stakeholders and field marketing personnel a competitive edge over others operating in the same space. All important data are presented in self-explanatory charts, tables and graphic images that can be incorporated into any business presentation.


In market segmentation by geographical regions, the report has analysed the following regions-       

    North America (USA, Canada and Mexico)


    Europe (Germany, France, UK, Russia and Italy)


    Asia-Pacific (China, Japan, Korea, India and Southeast Asia)


South America (Brazil, Argentina, Columbia etc.)


    Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Emergen Research has segmented the global IoT security market on the basis of type, component, end-use, and region.

  • Type Outlook (Revenue, USD Billion; 2021–2028)
    • Cloud Security
    • Network Security
    • Application Security
    • Endpoint Security
    • Others
  • Component Outlook (Revenue, USD Billion; 2021–2028)
    • Services
      1. Managed Services
      2. Professional Services
    • Solutions
      1. Encryption
      2. Unified Threat Management
      3. Analytics
      4. Identity Access Management
      5. Data Loss Protection
      6. Others
    • End-use Outlook (Revenue, USD Billion; 2021–2028)
      • Retail
      • Manufacturing
      • Defense
      • Government
      • Consumer Electronics
      • Energy Utilities


Key Questions Answered by the Report:

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the IoT Security market?

Which region is expected to dominate the market in the coming years?

What are the key product types and applications of the IoT Security industry?

What is the outcome of SWOT analysis and Porter’s Five Forces analysis?


Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.


About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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