APAC IoT Security Market Share

Market Share of APAC IoT Security Industry

The Asia-Pacific Internet of Things (IoT) Security Market is fragmented with a few major players, such as Symantec Corporation, IBM Corporation, FireEye Inc., Intel Corporation, and Infineon Technologies, as well as various established international brands, domestic brands, and new entrants that form a competitive landscape. Some major players are increasingly seeking market expansion through strategic mergers and acquisitions, innovation, and increased investments in research and development.

In November 2022, Truvisor announced a partnership with Vectra AI, a security AI-driven hybrid cloud threat detection and response solution provider. The Vectra platform and services include public cloud, SaaS applications, identity systems, and on-premises and cloud-based network infrastructure. Through the partnership, the company would be able to sell its products and services through the resellers of Truvisor in Singapore, Indonesia, and Thailand.

APAC IoT Security Market Leaders

1. Symantec Corporation (NortonLifeLock Inc)

2. IBM Corporation

3. FireEye Inc.

4. Intel Corporation

5. Infineon Technologies

*Disclaimer: Major Players sorted in no particular order