Report Highlights
The global IoT security technologies market should reach $24.1 billion by 2022 and $72.8 billion by 2027, with a compound annual growth rate (CAGR) of 24.8% during the forecast period of 2022-2027.
Report Includes
- 78 data tables and 43 additional tables
- A detailed overview and up-to-date analysis of the global markets for IoT security technologies
- Analyses of the global market trends, with market revenue data for 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2027
- Estimation of the actual market size and revenue forecast for global IoT security technologies market, and the corresponding market share analysis based on component, type of security, deployment, organization size, application, and geographic region
- Insight into the various IoT solutions and different security features embedded to give insight into how security technologies are provided through these solutions
- Updated information on market drivers and opportunities, key shifts and industry specific challenges, and a look at the IoT data security standards and regulations, and cost-benefit considerations for implementing security solutions
- Discussion of the industry value chain analysis for IoT security technologies market providing a systematic study of key intermediaries involved, with emphasis on solutions and service providers and major types of end-use industries across different regions
- Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues
- Review of key patent grants and significant allotments of recent patents across each major category
- Company profiles of major players within the industry, including Amazon Web Services Inc., Cisco Systems Inc., Ericsson, Intel Corp., Microsoft Corp., and Verizon Communications Inc.
Report Scope
The report provides an overview of the global IoT security technologies market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for 2022 through 2027. Revenue forecasts for this period are segmented based on component, deployment, organization size, security type, end-user, and region. The report also focuses on the major driving trends and challenges that affect the market. The report concludes with detailed profiles of the major global IoT security technology market players.
Report Synopsis
Report Metrics | Details | ||||||||||||||||||||||||||||||||||||||||||||||||||
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Base year considered | 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||
Forecast period considered | 2022-2027 | ||||||||||||||||||||||||||||||||||||||||||||||||||
Base year market size | $19.3 billion | ||||||||||||||||||||||||||||||||||||||||||||||||||
Market size forecast | $72.8 billion | ||||||||||||||||||||||||||||||||||||||||||||||||||
Growth rate | CAGR of 24.8% for the forecast period of 2022-2027 | ||||||||||||||||||||||||||||||||||||||||||||||||||
Units considered | $ Millions | ||||||||||||||||||||||||||||||||||||||||||||||||||
Segments covered | Major Segment, Deployment, Organization Size, Type of Security, End-User Industry | ||||||||||||||||||||||||||||||||||||||||||||||||||
Regions covered | North America, Europe, Asia-Pacific, Rest of the World (RoW) | ||||||||||||||||||||||||||||||||||||||||||||||||||
Companies studied |
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Frequently Asked Questions (FAQs)
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Report Highlights
The global Internet of Things (IoT) security market should reach $51.2 billion by 2025 from $16.2 billion in 2020 at a compound annual growth rate (CAGR) of 25.9% for the forecast period of 2020 to 2025.
Report Highlights
The global market for Internet of Things (IoT) security solutions reached nearly $3.7 billion in 2016, and it is expected to grow at a compound annual growth rate (CAGR) of 25.6% over the next five years to reach a market size of more than $11.4 billion by 2021.
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