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Global Internet of Things Security Market 2017-2021

  • Executive summary
  • Scope of the report
    • Market overview
    • Market segmentation
    • Geographical information
      • Table Regions covered for market analysis
    • Vendor selection
    • Summation errors
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table IoT security features and their implementation
    • Difference between M2M and IoT
      • Table Difference between M2M and IoT
  • Market description
    • Evolution of IoT from M2M
      • Table Evolution of IoT from M2M
    • Components of IoT
      • Table Components of IoT
    • IoT value chain
      • Table IoT value chain
    • Applications of IoT
      • Table IoT applications
      • Table Application of IoT in various sectors
  • Market landscape
    • Market overview
      • Table Global IoT security market
    • Market size and forecast
      • Table Global IoT security market 2016-2021 ($ billions)
  • Market segmentation by network security components
    • Global IoT security market by network security components
      • Table Global IoT security market by network security components 2016-2021
    • Global IoT security market by hardware
      • Table Global IoT security market by hardware 2016-2021 ($ billions)
    • Global IoT security market by software
      • Table Global IoT security market by software 2016-2021 ($ billions)
    • Global IoT security market by services
      • Table Global IoT security market by services 2016-2021 ($ billions)
  • Market segmentation by end-users
    • Global IoT security market by end-users
      • Table Global IoT security market by end-users 2016-2021
    • Global IoT security market by industrial sector
      • Table Global IoT security market by industrial sector 2016-2021 ($ billions)
    • Global IoT security market by commercial sector
      • Table Global IoT security market by commercial sector 2016-2021 ($ billions)
    • Global IoT security market by consumer sector
      • Table Global IoT security market by consumer sector 2016-2021 ($ billions)
  • Geographical segmentation
    • Global IoT security market by geography
      • Table Global IoT security market by geography 2016-2021
    • Global IoT security market by geography (revenue)
      • Table Global IoT security market by geography 2016-2021 ($ billions)
      • Table IoT security market in Americas 2016-2021 ($ billions)
      • Table IoT security market by EMEA 2016-2021 ($ billions)
      • Table IoT security market by APAC 2016-2021 ($ billions)
  • Market drivers
    • Proliferation of connected devices and high data generation resulting in exploitation of data security gaps
      • Table Number of connected devices in use worldwide (billions)
      • Table Major data security threats to businesses
    • Adoption of cloud-based services
    • Emergence of smart cities
      • Table Major global smart cities by 2030
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Interoperability issues among IoT platforms
    • Increasing complexity of IT infrastructure
    • Need for high investment in IoT security infrastructure
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Emergence of integrated security solutions
    • Increasing shift toward multifactor authentication
    • Growing acceptance of IoT security solutions in healthcare sector
  • Five forces analysis
    • Table Five forces analysis
  • Vendor landscape
    • Competitive scenario
    • Vendor matrix
      • Table Vendor matrix by features and capabilities
      • Table Vendor matrix by end-user
      • Table Vendor matrix by geographical presence
    • Competitive rating
      • Table Competitive rating
  • Key vendor analysis
    • Vendor description
      • Table Cisco systems: IoT solutions
      • Table GE: IoT solutions
      • Table IBM: IoT solutions
      • Table Infineon Technologies: IoT solutions
      • Table Intel: IoT solutions
      • Table Symantec: IoT solutions
  • M&A
    • Table Major M&A 2016
  • Other prominent vendors
    • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Global Internet of Things Security Market 2017-2021

About IoT Security

IoT refers to the communication between connected devices within a network. Data is transmitted between smart devices, such as thermostats and sensors, which are further connected to the user’s mobile devices. The interconnection of embedded hardware devices, communication services, software, and IT services makes the operations of IoT devices efficient. It helps in remote monitoring and management of numerous interconnected devices. IoT also enables the creation of smart homes, smart shopping, smart transportation, and smart healthcare.

Technavio’s analysts forecast the global IoT security market to grow at a CAGR of 47.91% during the period 2017-2021.Covered in this report

The report covers the present scenario and the growth prospects of the global IoT security market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of network security solutions, including hardware, software, and services (including managed services).

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global IoT Security Market 2017-2021, 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
  • Wurldtech Security Technologies
  • IBM
  • Infineon Technologies
  • Intel
  • Symantec
Other prominent vendors
  • Cypress
  • Digi International
  • Ericsson
  • Eurotech
  • Fortinet
  • Gemalto
  • Kore Wireless
  • NetComm Wireless
  • Nokia
  • Numerex
  • Palo Alto Networks
  • PTC (Axeda)
  • Rockwell Automation
  • Secure Crossing
  • Sierra Wireless
  • Sophos
  • Systech Solutions
  • Telit
  • Tofino
  • Ventus Wireless
Market driver
  • Proliferation of connected devices and high data generation resulting in exploitation of data security gaps
  • For a full, detailed list, view our report
Market challenge
  • Need for high investment in IoT security infrastructure
  • For a full, detailed list, view our report
Market trend
  • Shift toward multifactor authentication
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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?


Press Release

Technavio Announces the Publication of its Research Report – Global IoT Security Market 2017-2021

Technavio recognizes the following companies as the key players in the global IoT security market: Cisco Systems, Wurldtech Security Technologies, IBM, Infineon Technologies, Intel, and Symantec

Other Prominent Vendors in the market are: Cypress, Digi International, Ericsson, Eurotech, Fortinet, Gemalto, Kore Wireless, NetComm Wireless, Nokia, Numerex, Palo Alto Networks, PTC, Rockwell Automation, Secure Crossing, Sierra Wireless, Sophos, Systech Solutions, Telit, Tofino, and Ventus Wireless

Commenting on the report, an analyst from Technavio’s team said: “End-users prefer integrated IoT security solutions that provide overall security to devices and networks because different standalone security solutions may result in integration issues. Standalone IoT security solutions could be complex and costly for end-users. However, integrated IoT security solutions will provide better support and functionality to the customers, which will boost the growth of the market during the forecast period. The increasing complexity of network infrastructures and integration of different security solutions, including IoT security solutions, has made interoperability an important buying criterion for end-users. Another factor driving the market is the integration of DLP and firewalls with the IoT security solutions, which also reduces the overall cost of IoT security solution ownership. Vendors, such as Cisco Systems, provide integrated IoT security solutions as a package to increase their adoption among end-users.”

According to the report, the concept of smart cities, where different digital technologies that enable communication between devices, improve their performance, and help in efficient utilization of resources, is gaining popularity worldwide. Some of the technologies used in smart cities are traffic control, water management, home monitoring, transportation, and waste management. Smart cities use IoT to communicate between devices and help end-users to respond faster to the issues. Hitachi is one of the companies concentrating on developing technologies for smart cities.

Further, the report states that a number of enterprises face integration issues while implementing new network security solutions on their existing platforms. Customized solutions are expensive, which prevents vendors from deploying such solutions. However, most IoT security solutions available in the market are standalone solutions; they face issues while trying to integrate with other security solutions. Interoperability issues are a deterrent to the market growth as they discourage organizations from implementing IoT security solutions.

Companies Mentioned

Cisco Systems, Wurldtech Security Technologies, IBM, Infineon Technologies, Intel, Symantec, Cypress, Digi International, Ericsson, Eurotech, Fortinet, Gemalto, Kore Wireless, NetComm Wireless, Nokia, Numerex, Palo Alto Networks, PTC, Rockwell Automation, Secure Crossing, Sierra Wireless, Sophos, Systech Solutions, Telit, Tofino, Ventus Wireless.

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