IoT Security Market Global Industry Size, Analysis, Growth, Opportunity & Forecast 2029

Global IoT Security Market size was valued at US$ 18.19 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 22.1% through 2023 to 2029, reaching nearly US$ 73.60 Bn.

Global IoT Security Market Overview

Over the forecast period, Maximize Market Research expects the Global IoT Security Market growth from USD in 2022 to USD in 2029 at a CAGR of percent. The report analyzed by Maximize Market Research, on the Global IoT Security market, covers an extensive regional analysis and competitive landscape.

Global IoT Security Market Report Scope and Research Methodology

The report is a thorough analysis of the Global IoT Security market provided with key findings including Pricing, investments, expansion plans, and physical presence in the Global IoT Security market. The bottom-up approach was used to underst and the Global IoT Security market size estimation and growth rates in the report. The report provides information on the drivers, restraints, opportunities, and challenges of the Global IoT Security market. The financial standing, portfolio, technology adoption, merger and acquisition, joint ventures and strategic alliances are included in the competitive environment for the Global IoT Security market.

The report includes primary and secondary collection techniques with qualitative and quantita ive approaches for the analysis of the Global IoT Security market. The primary collection method includes Surveys, questionnaires and telephonic interviews with market leaders and business owners. The secondary method includes financial reports, annual reports, press releases, white papers, etc. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to understand the competitive intensity of the industry in the Global IoT Security Market.

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Global IoT Security Market Regional Insights

The Regional Analysis in the report helps to understand the Global IoT Security market in various countries. The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Global IoT Security market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

Global IoT Security Market Segmentation

by Component


by Solution

Identity and Access Management
Data Encryption and Tokenization
Intrusion Detection System/Intrusion Prevention System
Device Authentication and Management
Secure Communications
PKI Lifecycle Management
Distributed Denial of Service Protection
Security Analytics
Other Solutions

by Service

Professional services
Managed Services

by Type

Network Security
Endpoint Security
Application Security
Cloud Security
Other Security Types

by Application Area

Smart Manufacturing
Smart Energy and Utilities
Connected Logistics
Smart Home and Consumer Electronics
Connected Healthcare
Smart Government and Defense
Smart Retail
Other Application Areas

by Deployment Mode


by Organisation Size

Small and Medium Enterprises
Large Enterprises

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Global IoT Security Market Key Players

1. Microsoft (US)
2. AWS (US)
3. Google (US)
4. IBM (US
5. Intel (US)
6. Cisco (US)
7. Ericsson (Sweden)
8. Thales (France)
9. Allot (Israel)
10.Infineon (Germany)
11.Atos (France)
12.Magiccube (US)
13.Dragos Security (US)
15.Karamba Security (Israel)
16.Vdoo (JFrog) (US)

Key questions answered in the Global IoT Security Market are:

  • What is Global IoT Security?
  • What was the Global IoT Security market size in 2023?
  • What is the growth rate of the Global IoT Security Market?
  • Which are the factors expected to drive the Global IoT Security market growth?
  • What are the different segments of the Global IoT Security Market?
  • What growth strategies are the players considering to increase their presence in Global IoT Security?
  • What are the upcoming industry applications and trends for the Global IoT Security Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Global IoT Security Market?
  • Who are the leading companies and what are their portfolios in Global IoT Security Market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2023)
  • Past Pricing and price curve by region (2018 to 2023)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and en Global IoT Securityeering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

+91 96071 95908, +91 9607365656

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