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Global IoT Security Market 2015-2019

Global IoT Security Market 2015-2019

About IoT security

IoT involve the communication of multiple devices within a network, which enables data transmission between smart devices such as thermostats and sensors that are further connected to mobile devices. In IoT, embedded software, hardware devices, communication services, and IT services are interconnected, which helps in remote monitoring and managing of numerous interconnected devices efficiently. IoT plays a major role in smart homes, smart shopping, smart transportation, and smart healthcare. With an increase in the number of 2G, 3G, and 4G networks, threat to data has increased. Increase in sophisticated and complex threats and hacking activities are expected to affect IoT security. IoT security solutions comprise hardware, software products, and managed security services that are used to monitor, detect, and prevent unauthorized access, misuse, or malfunction, or to disable/destroy a computer network. This provides end-users with a secure platform that will help them perform critical tasks.

Technavio's analysts forecast the global IoT security market to grow at a CAGR of 54.93% over the period 2014-2019.

Covered in this report

The report covers the present scenario and growth prospects of the global IoT security market for the period 2015-2019. To calculate the market size, the revenue generated from the sales of IoT security software solutions used for network security and management is considered.

The report does not include individual device security revenue for market estimation.

The global IoT security market is segmented on the basis of the following:

  • Geography: Americas, EMEA, and APAC
  • End-user: utilities, automotive, healthcare, and others
Technavio's report, Global IoT Security Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.Key regions
  • Americas
  • APAC
  • EMEA
Key vendors
  • Cisco Systems
  • Infineon Technologies
  • Intel
  • Siemens
  • Wurldtech
Other prominent vendors
  • Alcatel-Lucent
  • Axeda Machine Cloud
  • Broadcom
  • Checkpoint Technologies
  • Digi International
  • Ericsson
  • Eurotech
  • Fortinet
  • Gemalto
  • IBM
  • ILS Technology
  • Kore Wireless
  • NetComm Wireless
  • Numerex
  • Palo Alto Networks
  • Rockwell automation
  • Secure Crossing
  • Sierra Wireless
  • Sophos
  • Systech Solutions
  • Tofino
  • Ventus Wireless
  • Market driver
  • Need for regulatory compliances
  • For a full, detailed list, view our report
  • Market challenge
  • High implementation costs
  • For a full, detailed list, view our report
  • Market trend
  • Emergence of smart cities
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 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 2015-2019

Technavio recognizes the following companies as the key players in Global IoT Security Market 2015-2019: Cisco Systems, Infineon Technologies, Intel, Siemens and Wurldtech

Other Prominent Vendors in the market are: Alcatel-Lucent, Axeda Machine Cloud, Broadcom, Checkpoint Technologies, Digi International, Ericsson, Eurotech, Fortinet, Gemalto, IBM, ILS Technology, Kore Wireless, NetComm Wireless, Numerex, Palo Alto Networks, Rockwell automation, Secure Crossing, Sierra Wireless, Sophos, Systech Solutions, Tofino and Ventus Wireless

Commenting on the report, an analyst from Technavio’s team said: “Smart cities exist where there is interconnection among a number of digital technologies that enhance communication between devices and improve their performance, and help in efficient utilization of resources. For instance, traffic control, home monitoring, waste management, water management, and safe and intelligent transportation are some of the technologies used in smart cities. Hitachi is one of the companies focusing on developing technologies for smart cities, which will help in efficient use of resources. Smart cities use IoT that allows communication between devices and help end-users to respond faster to the challenges being faced. The number of smart cities is expected to grow rapidly during the forecast period. Hence, to ensure safe and secure communication between devices and their efficient functioning, it is important to maintain the security of the network infrastructure by implementing IoT security solutions.”

According to the report, one of the major drivers in the market is the need for regulatory compliance. Companies are required to comply with regulations set by government, else it can attract heavy penalty. Hence, ensuring network security of connected devices is important.

Further, the report states that TechNavio has found that high cost of implementation of IoT security solutions is a major challenge in the market.

Companies Mentioned

Cisco Systems, Infineon Technologies, Intel, Siemens, Wurldtech, Alcatel-Lucent, Axeda Machine Cloud, Broadcom, Checkpoint Technologies, Digi International, Ericsson, Eurotech, Fortinet, Gemalto, IBM, ILS Technology, Kore Wireless, NetComm Wireless, Numerex, Palo Alto Networks, Rockwell automation, Secure Crossing, Sierra Wireless, Sophos, Systech Solutions, Tofino, Ventus Wireless

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Description
    • Evolution of IoT from M2M
      • Table Evolution of IoT from M2M
    • IoT Components
      • Table IoT Components
    • Features of IoT
    • Sensors: A Major Part of IoT
    • Mobile Biometrics: A Necessity for IoT Security
    • IoT Ecosystem
      • Table IoT Ecosystem
    • Growing Opportunities with IoT
    • IoT Value Chain Analysis
      • Table IoT Value Chain Analysis
      • Need for IoT Security
  • Product Life Cycle Analysis
    • Table Product Life Cycle Analysis
  • Market Landscape
    • Market Overview
      • Market Structure
        • Table Market Structure
      • Market Size and Forecast
        • Table Global IoT Security Market 2014-2019 ($ million)
      • Global Connected Devices in Use 2014-2019
        • Table Global Connected Devices in Use 2014-2019 (million units)
    • Five Forces Analysis
  • IoE: Recent Market Developments
  • Emerging Trend: M2M Communication
  • IoT Adoption by Country
    • Table IoT Adoption by Country
  • Major IoT Functions
    • Table Major IoT Functions
  • Market Segmentation by End-user
    • Global IoT Security Market by End-user 2014
      • Table Global IoT Security Market by End-user 2014
    • Global IoT Security Market by End-user 2014-2019
      • Table Global IoT Security Market by End-user 2014-2019
    • Global IoT Security Market in Utilities Sector
      • Market Size and Forecast
        • Table Global IoT Security Market in Utilities Sector 2014-2019 ($ million)
    • Global IoT Security Market in Automotive Sector
      • Market Size and Forecast
        • Table Global IoT Security Market in Automotive Sector 2014-2019 ($ million)
    • Global IoT Security Market in Healthcare Sector
      • Market Size and Forecast
        • Table Global IoT Security Market in Healthcare Sector 2014-2019 ($ million)
  • Geographical Segmentation
    • Segmentation of Global IoT Security Market by Geography 2014
      • Table Segmentation of Global IoT Security Market by Geography 2014
    • Segmentation of Global IoT Security Market by Geography 2014-2019
      • Table Segmentation of Global IoT Security Market by Geography 2014-2019
      • Segmentation of Global IoT Security Market by Geography 2014-2019 ($ million)
        • Table Segmentation of Global IoT Security Market by Geography 2014-2019 ($ million)
      • IoT Security Market in Americas
      • IoT Security Market in EMEA
      • IoT Security Market in APAC
  • Market Attractiveness
    • Market Attractiveness by Geography
      • Table Market Attractiveness by Geography
    • Market Attractiveness by End-user
      • Table Market Attractiveness by End-user
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
    • Vendor Analysis 2014
      • Comparison of Vendors Based on Geographical Presence 2014
        • Table Comparison of Vendors Based on Geographical Presence 2014
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Cisco Systems
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue
        • Table Business Segmentation of Cisco Systems by Revenue 2013
        • Table Business Segmentation of Cisco Systems by Revenue 2011-2013 (US$ billion)
      • Geographical Segmentation by Revenue
        • Table Geographical Segmentation of Cisco Systems by Revenue 2013
      • Business Strategy
      • Key Information
      • SWOT Analysis
    • Infineon Technologies
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table Infineon Technologies: Business Segmentation 2013
        • Table Infineon Technologies: Revenue by Business Segmentation 2012 and 2013 (US$ million)
      • Revenue by Geographical Segmentation 2013
        • Table Infineon Technologies: Revenue by Geographical Segmentation 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Intel
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Intel: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Intel: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table Intel: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Siemens
      • Key Facts
      • Business Description
      • Business Segmentation
        • Table Siemens: Business Segmentation 2013
      • Revenue by Business Segmentation
        • Table Siemens: Revenue by Business Segmentation 2013
      • Revenue Comparison by Business Segmentation 2012 and 2013
        • Table Siemens: Revenue by Business Segmentation 2012 and 2013 (US$ billion)
      • Sales by Geography
        • Table Siemens: Revenue by Geographical Segmentation 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Key Insights
    • Installation of IoT Nodes
      • Table Installation of IoT Nodes 2014-2019 (billion units)
  • Other Reports in this Series

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