How big is the IoT Security Market?

The IoT Security Market size is expected to reach USD 6.60 billion in 2024 and grow at a CAGR of 33.53% to reach USD 28.01 billion by 2029. Read More

What is the current IoT Security Market size?

In 2024, the IoT Security Market size is expected to reach USD 6.60 billion. Read More

Who are the key players in IoT Security Market?

Broadcom Inc. (Symantec Corporation), IBM Corporation, Intel Corporation, HP Enterprise Company and AT&T Inc. are the major companies operating in the IoT Security Market. Read More

Which is the fastest growing region in IoT Security Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in IoT Security Market?

In 2024, the Asia Pacific accounts for the largest market share in IoT Security Market. Read More

What years does this IoT Security Market cover, and what was the market size in 2023?

In 2023, the IoT Security Market size was estimated at USD 4.94 billion. The report covers the IoT Security Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the IoT Security Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

IoT Security Market Share

Statistics for the 2023 & 2024 IoT Security market share, created by Mordor Intelligence™ Industry Reports. IoT Security share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of IoT Security Industry

The IoT Securitymarket is moderately competitive and consists of a few significant market players operating across the globalmarket. In terms of market share, some of theplayers currently dominate the market. However, with the advancement in the security accessacross the industrialservices, new players are increasing their market presence thereby expanding their business footprint across the emerging economies. Some of the key players in the market areSymantec Corporation, IBM Corporation, Check Point Software Technologies Ltd.,Intel Corporation,Hewlett Packard Enterprise Company,Cisco Systems Inc.,Fortinet Inc.,Trustwave Holdings,Thales Group (Gemalto NV), among others.

Sept 2019-Trustwave announced a cloud-based cybersecurity platform that serves as the foundation for the company’s managed security services, products and other cybersecurity offerings. The Trustwave Fusion platform is purpose-built to meet the enterprise, where it is involved in operations as it embraces digital transformation and contend with a continuously evolving security landscape.
June 2019 -Symantec Corp.announced a new service for Symantec’s Cloud Workload Protection (CWP) solution and Amazon Guard Duty to provide automated remediation and enhanced threat intelligence for AWS workloads and storage. This new service will help enterprises to navigate the complex security landscape, allowing AWS customers to automate and streamline key components of cloud security.