Internet of Things (IoT) Security Market Outlook: Is Growth Potential Underestimated? | Top Players – PTC Inc. ,Symantec Corporation ,Cisco Systems, Inc.


The Internet of Things (IoT) Security Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2021-2026). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.

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Internet of things (IOT) security is the technology concerned with protection connected devices as well as networks in the internet of things (IOT).  IOT platform is a multi-layer technology that allows straightforward provisioning, managing and automation of linked devices within the Internet of Things universe. There are various type of IOT security such as network security, endpoint security, application security, cloud Security and others. Growing incidences of cyber-attacks as well as rising dependency on connected devices will help to boost global IOT security market.

On 14th August 2018, PTC Inc. a global leader of IOT security has unveiled a Coordinated Vulnerability Disclosure (CVD) Program. This program is designed to support the reporting and remediation of security vulnerabilities that could potentially affect the environments in which PTC products operate.

Major Players are:

PTC Inc. (United States),Symantec Corporation (United States),Cisco Systems, Inc. (United States), IBM Corporation (United States),Verizon Enterprises Solutions (United States),Trustwave (United States),Check Point Security Software Technologies Ltd. (Israel),Infineon Technologies (Germany),

NOTE: Our analysts monitoring the situation across the globe explain that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

The titled segments and sub-section of the market are illuminated below:

Type (Network Security, Endpoint Security, Application Security, Cloud Security, Others), Application (Healthcare & Life Science, Infrastructure & Cities, Industrial system & Sensors, Smart home & Consumer, Transport & Urban Mobility, Others), Services (Consulting, Maintenance, Training), Solutions (Identity Access Management, Intrusion Detection System/Intrusion Prevention System, Distributed Denial of Service Protection, Security Analytics, Others), End User (Healthcare, Information Technology (IT), Telecom Banking, Financial Services, Insurance (BFSI), Automotive, Others)

Market Trends:

Up Surging Demand of IOT Solutions in Organizations

High Adoption of Smart Devices

Growing Trend Of Bring Your Own Device (BYOD)

Market Drivers:

Increasing Incidences of Cyber Attacks

Rising Dependency on Connected Devices


Growing IOT Security Expenditure in Developing Countries

Years considered for this report:

  • Historical Years: 2015-2020
  • Base Year: 2020
  • Estimated Year: 2021
  • Forecast Period: 2021-2026

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Extract from Table of Content:

Chapter 01 – Executive Summary

Chapter 02 – Market Overview

Chapter 03 – Key Success Factors

Chapter 04 – Covid-19 Crisis Analysis on Global Internet of Things (IoT) Security Market

Chapter 05 – Global Internet of Things (IoT) Security Market – Pricing Analysis

Chapter 06 – Global Internet of Things (IoT) Security Market Background

Chapter 07 — Global Internet of Things (IoT) Security Market Segmentation

Chapter 08 – Key and Emerging Countries Analysis in Global Internet of Things (IoT) Security Market

Chapter 09 – Global Internet of Things (IoT) Security Market Structure Analysis

Chapter 10 – Global Internet of Things (IoT) Security Market Competitive Analysis

Chapter 11 – Assumptions and Acronyms

Chapter 12 – Research Methodology

What are the market factors that are explained in the Internet of Things (IoT) Security Market report?

– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.

– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.

– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Questions Answered in the Report:

  • How much is the Internet of Things (IoT) Security MarketWorth?
  • What is the Growth Rate of the Internet of Things (IoT) Security Market?
  • Which Segment ofthe Internet of Things (IoT) Security to Hold the Highest Market Share?
  • Which Segment ofthe Internet of Things (IoT) Security Market to Witness Fastest Growth Rate?
  • Which Region to Hold the Biggest Market Share?
  • Who are the Key Players of the Internet of Things (IoT) Security Market?

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