IoT Security Market to witness Growth Acceleration During 2018-2025 ESCRYPT, Palo Alto Networks, Synopsys , Gemalto NV, ARM Holdings, INSIDE Secure

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 key players profiled in the report are IBM Corporation, Cisco Systems, Inc., Intel Corporation, ARM Holdings, Infineon Technologies, NXP Semiconductor, INSIDE Secure, Gemalto NV, Symantec Corporation and Trend Micro, Inc. among others.

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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)

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.

A robust IoT solution approach should focus not only securing the infrastructure and devices, which forms the base of IoT system, but also should develop the accurate level of data privacy and building trust with regulators and customers. The most successful and trusted IoT tech companies and solutions provider would be those that equally focuses on protecting privacy, improving security, and building trust. Privacy of user's identity, payment details and other documents of high importance is at stake with the connection of everyday essential objects with the internet. Thus, IoT security plays the most critical role in implementation of IoT and gaining the customer's trust. The above mentioned reasons are going to drive the market of IoT security along with the implementation of IoT.

The overall IoT security market size has been derived using both primary and secondary source. The IoT security market research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the IoT security market.

The global IoT Security market has been segmented on the basis of type into network security, endpoint security, cloud security, application security and others. Furthermore, this market is also bifurcated on the basis of solutions into threat analysis, Identity Access Management, Data Loss Protection, Encryption, Dispatch & Incident Response, Distributed Denial of Service Protection and Others. IoT Security finds its applications in many industry verticals and consequently the market has been segmented on the basis of applications into Smart Home, Connected Car, Information & Communication Technology, Smart Factories, BFSI, Smart Retail, Smart Transportation, Smart Healthcare, Wearable and Others. Geographically, the global IoT Security market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).

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