조사회사 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2024년08월
IoT Security Market – Global Industry Forecast to 2029
IoT 보안 시장 – 오퍼링, 솔루션(IAM, 데이터 암호화, 디바이스 인증), 애플리케이션(스마트 매뉴팩처링, 커넥티드 헬스케어), 시장 규모, 점유율, 성장 분석, 지역별 – 2029년까지 세계 업계 예측
IoT Security Market Size, Share, Growth Analysis, By Offering, Solution (IAM, Data Encryption, Device Authentication), Application (Smart Manufacturing, Connected Healthcare), Region – Global Industry Forecast to 2029
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Report Overview
The global IoT security market size is projected to grow from USD 24.2 billion in 2024 to USD 56.2 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 18.4% during the forecast period.
전 세계 IoT 보안 시장 규모는 예측 기간 동안 18.4%의 연평균 성장률(CAGR)로 2024년 242억 달러에서 2029년까지 562억 달러로 성장할 것으로 예측됩니다.
In the era of digital transformation, all the verticals are adopting automation by integrating IoT into their businesses. This automation makes the operations much more efficient but also makes the systems vulnerable to cyberattacks. This has increased the demand for more secure critical infrastructure with the adoption of IoT security solutions and services.
“By solution, Data Encryption and Tokenization is expected to grow at higher CAGR during the forecast period”
The demand for robust data protection solutions will drive the growth of encryption and tokenization technologies within the IoT security landscape as IoT deployments expand across various industries. There is a need to protect the vast amount of data generated by IoT devices from unauthorized access, and breaches become paramount. With increasing regulatory compliance mandates and heightened consumer awareness of data privacy, the adoption of security measures is expected to accelerate. Tokenization replaces sensitive information with non-sensitive data tokens, reducing the risk of data breaches, while encryption safeguards data at rest and in transit. As IoT deployments expand across various industries, the demand for robust data protection solutions will drive the growth of encryption and tokenization technologies within the IoT security landscape.
“By services, Managed services is expected to grow at higher CAGR during forecast period”
The growth of IoT managed services will be driven by the increasing complexity of IoT networks, which consist of numerous devices and protocols requiring expert oversight. Organizations across various sectors, including manufacturing, healthcare, and transportation, are recognizing the need for managed services to ensure their IoT systems are efficiently configured, monitored, and maintained. The rise in multi-cloud applications and the demand for automation enhance the requirement of managed services, because of scalability and cost-effectiveness. The growing focus on data analytics and enhanced security measures is propelling enterprises to seek managed service providers (MSPs) that can deliver comprehensive solutions tailored to their specific needs.
Breakdown of primaries
The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
- By Company Type: Tier 1 – 15%, Tier 2 – 40%, and Tier 3 – 45%
- By Designation: C-level Executives– 40% , Directors – 35%, Others – 25%
- By Region: North America – 45%, Asia Pacific – 30%, Europe – 15%, Rest of the World – 10%
Major vendors in the global IoT security market include Microsoft (US), Fortinet (US), AWS (US), IBM (US), Intel (US), Cisco (US), Thales Group (France), Infineon (Germany) , Allot (Israel), Atos (France), Checkpoint (US), Palo Alto Networks (US), Mobileum (US), Entrust (US), NXP Semiconductors (Netherlands), and Kaspersky (Switzerland), MagicCube (US), Claroty (US), Ordr (US), Armis (US), Nozomi Networks (US), Keyfactor (US), Particle Industries (US), Karamba Security (Israel), and Forescout (US) in the IoT security market.
The study includes an in-depth competitive analysis of the key players in the IoT security market, their company profiles, recent developments, and key market strategies.
Research Coverage
The report segments the IoT security market and forecasts its size by Offering (solution and services), by Data Sensitivity (High Sensitivity Data, Low and Moderate Sensitivity Data), by Application (Smart Manufacturing, Smart Energy & Utilities, Connected Logistics & Transportation, Smart Home and Consumer Electronics, Connected Healthcare, Smart Government & Defense, Smart Retail, and Others). The study also includes an in-depth competitive analysis of the market’s key players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall IoT security market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Rapid increase in IoT security incidents related to Industry 4.0, Need to effectively deal with IoT vulnerabilities, growing number of IoT security regulations, rising security concerns related to critical infrastructure, increase in data volumes due to 5G, standardization of IPv6 ), restraints (Lack of awareness about new variants of IoT threats, budgetary constraints of SMEs in developing economies), opportunities (New wave of IoT applications due to 5G networks, development of smart infrastructure), and challenges (Lack of standardization in IoT protocol, threat to enterprise networks from shadow IoT devices, need to ensure secure communication across networks)
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the IoT security market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the IoT security market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the IoT security market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players in IoT security market strategies, including Microsoft (US), Fortinet (US), AWS (US), IBM (US), and Intel (US).
IoT Security Market Size, Share, Growth Analysis, By Offering, Solution (IAM, Data Encryption, Device Authentication), Application (Smart Manufacturing, Connected Healthcare), Region – Global Industry Forecast to 2029
전 세계 IoT 보안 시장 규모는 예측 기간 동안 18.4%의 연평균 성장률(CAGR)로 2024년 242억 달러에서 2029년까지 562억 달러로 성장할 것으로 예측됩니다.
Table of Contents
1 INTRODUCTION 33
1.1 STUDY OBJECTIVES 33
1.2 MARKET DEFINITION 33
1.2.1 INCLUSIONS AND EXCLUSIONS 34
1.3 MARKET SCOPE 36
1.3.1 MARKET SEGMENTATION 36
1.3.2 YEARS CONSIDERED 37
1.4 CURRENCY CONSIDERED 37
1.5 STAKEHOLDERS 38
1.6 SUMMARY OF CHANGES 38
2 RESEARCH METHODOLOGY 39
2.1 RESEARCH DATA 39
2.1.1 SECONDARY DATA 40
2.1.2 PRIMARY DATA 41
2.1.2.1 Breakup of primaries 41
2.1.2.2 Key industry insights 41
2.2 DATA TRIANGULATION 42
2.3 MARKET SIZE ESTIMATION 42
2.3.1 TOP-DOWN APPROACH 43
2.3.2 BOTTOM-UP APPROACH 44
2.4 MARKET FORECAST 47
2.5 COMPANY EVALUATION MATRIX METHODOLOGY 48
2.5.1 FOR LARGE PLAYERS 48
2.5.2 FOR STARTUPS 49
2.6 ASSUMPTIONS 49
2.7 LIMITATIONS 50
3 EXECUTIVE SUMMARY 51
4 PREMIUM INSIGHTS 55
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN IOT SECURITY MARKET 55
4.2 IOT SECURITY MARKET, BY OFFERING 55
4.3 IOT SECURITY MARKET, BY SOLUTION 56
4.4 IOT SECURITY MARKET, BY SERVICES 56
4.5 IOT SECURITY MARKET, BY APPLICATION 57
4.6 MARKET INVESTMENT SCENARIO 57
5 MARKET OVERVIEW 58
5.1 INTRODUCTION 58
5.2 MARKET DYNAMICS 58
5.2.1 DRIVERS 59
5.2.1.1 Rapid increase in IoT security incidents related to Industry 4.0 59
5.2.1.2 Need to deal with IoT vulnerabilities effectively 59
5.2.1.3 Growing number of IoT security regulations 60
5.2.1.4 Rising security concerns related to critical infrastructure 60
5.2.1.5 Increase in data volumes due to 5G 61
5.2.1.6 Standardization of IPv6 61
5.2.2 RESTRAINTS 62
5.2.2.1 Lack of awareness about new variants of IoT threats 62
5.2.2.2 Budgetary constraints of SMEs in developing economies 62
5.2.3 OPPORTUNITIES 63
5.2.3.1 New wave of IoT applications due to 5G networks 63
5.2.3.2 Development of smart infrastructure 63
5.2.4 CHALLENGES 63
5.2.4.1 Lack of standardization in IoT protocol 63
5.2.4.2 Threat to enterprise networks from shadow IoT devices 64
5.2.4.3 Need to ensure secure communication across networks 64
5.3 EVOLUTION OF IOT SECURITY 65
5.4 CASE STUDY ANALYSIS 67
5.5 VALUE CHAIN ANALYSIS 69
5.5.1 OEM/HARDWARE PROVIDERS 69
5.5.2 SECURITY SOLUTIONS AND SERVICE PROVIDERS 69
5.5.3 SYSTEM INTEGRATORS 70
5.5.4 SALES AND DISTRIBUTION 70
5.5.5 END USER GROUPS 70
5.6 ECOSYSTEM 70
5.7 PORTER’S FIVE FORCES MODEL ANALYSIS 72
5.7.1 THREAT OF NEW ENTRANTS 73
5.7.1.1 Lack of entry barriers 73
5.7.1.2 High market growth 73
5.7.2 THREAT OF SUBSTITUTES 73
5.7.2.1 Buyer propensity for low-cost solutions 73
5.7.2.2 Ease of substitution 73
5.7.3 BARGAINING POWER OF SUPPLIERS 73
5.7.3.1 Low switching cost 73
5.7.3.2 Low strength of supply chain and distribution channel 73
5.7.4 BARGAINING POWER OF BUYERS 74
5.7.4.1 High buyer price sensitivity 74
5.7.4.2 Low buyer concentration 74
5.7.5 INTENSITY OF COMPETITIVE RIVALRY 74
5.7.5.1 High concentration ratio 74
5.7.5.2 Powerful competitive strategies 74
5.8 PATENT ANALYSIS 75
5.8.1 LIST OF TOP PATENTS IN IOT SECURITY MARKET, 2022–2024 76
5.9 PRICING ANALYSIS 78
5.9.1 AVERAGE SELLING PRICE TREND OF IOT SECURITY AMONG KEY PLAYERS, BY SOLUTION 79
5.9.2 INDICATIVE PRICING ANALYSIS, BY SOLUTION 80
5.10 TECHNOLOGY ANALYSIS 80
5.10.1 KEY TECHNOLOGIES 82
5.10.1.1 Zero Trust Network Access (ZTNA) 82
5.10.1.2 Connectivity solutions 82
5.10.2 COMPLIMENTARY TECHNOLOGIES 82
5.10.2.1 Cloud computing 82
5.10.2.2 Big Data and Analytics 82
5.10.2.3 Artificial intelligence and machine learning 83
5.10.3 ADJACENT TECHNOLOGIES 83
5.10.3.1 Blockchain 83
5.10.3.2 Cybersecurity 83
5.11 IMPACT OF GENERATIVE AI ON IOT SECURITY MARKET 84
5.11.1 TOP USE CASES & MARKET POTENTIAL 84
5.11.1.1 Key use cases 84
5.11.2 IMPACT OF GEN AI ON INTERCONNECTED AND ADJACENT ECOSYSTEM 85
5.11.2.1 Big Data and Analytics 85
5.11.2.2 Blockchain 86
5.11.2.3 Digital twin 86
5.11.2.4 Cloud computing 86
5.11.2.5 Augmented Reality (AR) technology 86
5.12 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 87
5.13 BEST PRACTICES IN IOT SECURITY MARKET 87
5.13.1 ADOPTION OF IOT SECURITY 88
5.14 REGULATORY LANDSCAPE 89
5.14.1 GENERAL DATA PROTECTION REGULATION 89
5.14.2 FEDERAL INFORMATION SECURITY MANAGEMENT ACT 89
5.14.3 PAYMENT CARD INDUSTRY DATA SECURITY STANDARD 89
5.14.4 SARBANES-OXLEY ACT 90
5.14.5 SOC2 90
5.14.6 HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT 90
5.14.7 GRAMM-LEACH-BLILEY ACT 90
5.14.8 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 91
5.15 KEY STAKEHOLDERS & BUYING CRITERIA 93
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 93
5.15.2 BUYING CRITERIA 94
5.16 KEY CONFERENCES & EVENTS IN 2024–2025 95
5.17 BUSINESS MODEL ANALYSIS 96
5.18 INVESTMENT AND FUNDING SCENARIO 96
6 IOT SECURITY MARKET, BY OFFERING 97
6.1 INTRODUCTION 98
6.1.1 OFFERING: IOT SECURITY MARKET DRIVERS 98
6.2 SOLUTIONS 99
6.2.1 OFFER MULTIPLE FEATURES TO PROTECT DEVICES FROM ATTACKS 99
6.2.2 IDENTITY AND ACCESS MANAGEMENT 101
6.2.2.1 Prevents unauthorized access to networks 101
6.2.3 DATA ENCRYPTION AND TOKENIZATION 102
6.2.3.1 Replaces sensitive data with unique identification symbols 102
6.2.4 INTRUSION DETECTION SYSTEM/INTRUSION PREVENTION SYSTEM 103
6.2.4.1 Monitors network for malicious activities or policy violations 103
6.2.5 DEVICE AUTHENTICATION AND MANAGEMENT 104
6.2.5.1 Authenticates unique identity of connected devices 104
6.2.6 SECURE COMMUNICATION PROTOCOLS 105
6.2.6.1 Enables seamless connection between devices 105
6.2.7 PUBLIC KEY INFRASTRUCTURE CERTIFICATE LIFECYCLE MANAGEMENT 107
6.2.7.1 Provides framework to verify identity of devices 107
6.2.8 DISTRIBUTED DENIAL OF SERVICE (DDOS) PROTECTION 108
6.2.8.1 Prevents disruptions of normal services 108
6.2.9 SECURITY ANALYTICS 109
6.2.9.1 Provides advanced security breach predictions 109
6.2.10 VIRTUAL FIREWALL 110
6.2.10.1 Provides security features with added benefits 110
6.3 SERVICES 111
6.3.1 PREVENT UNAUTHORIZED ACCESS, DISCLOSURE, OR MODIFICATION OF DATA 111
6.3.2 PROFESSIONAL SERVICES 112
6.3.2.1 Help to speed up IoT security solution development 112
6.3.2.2 Implementation services 113
6.3.2.2.1 Enable organizations to offer transparent and secure IoT experience 113
6.3.2.3 Support and maintenance services 113
6.3.2.3.1 Offer clients ongoing repair and inspection assistance 113
6.3.2.4 Consulting services 113
6.3.2.4.1 Provide customization for maximum product assurance 113
6.4 MANAGED SERVICES 114
6.4.1 PROVIDE WIDE-RANGING TECHNICAL SUPPORT TO CUSTOMERS 114
7 IOT SECURITY MARKET, BY DATA SENSITIVITY 115
7.1 INTRODUCTION 115
7.1.1 DRIVERS: IOT SECURITY MARKET, BY DATA SENSITIVITY 115
7.2 HIGH-SENSITIVITY DATA 115
7.2.1 THEFT OF DATA LIKELY TO CAUSE SERIOUS LOSSES 115
7.3 LOW- AND MODERATE-SENSITIVITY DATA 116
7.3.1 POSSIBILITY OF MISUSE TO COMMIT FRAUD OR IDENTITY THEFT 116
8 IOT SECURITY MARKET, BY APPLICATION 117
8.1 INTRODUCTION 118
8.1.1 DRIVERS: IOT SECURITY MARKET, BY APPLICATION 118
8.2 SMART MANUFACTURING 120
8.2.1 RISING NEED TO ENHANCE EFFICIENCY OF BUSINESS PROCESSES AND PRODUCTION OUTPUT TO DRIVE MARKET 120
8.3 SMART ENERGY & UTILITIES 121
8.3.1 GROWING USE OF SECURITY SOLUTIONS TO PROTECT PERSONAL DATA TO DRIVE MARKET 121
8.4 SMART HOME & CONSUMER ELECTRONICS 123
8.4.1 GROWING RISK OF MALWARE AND OTHER FORMS OF ATTACKS TO DRIVE MARKET 123
8.5 SMART GOVERNMENT 124
8.5.1 DEMAND FOR IOT SECURITY TO PROTECT CRITICAL INFORMATION TO DRIVE MARKET 124
8.6 SMART RETAIL 125
8.6.1 RISING REQUIREMENT TO SECURE MULTIPLE NETWORK POINTS TO DRIVE MARKET 125
8.7 CONNECTED LOGISTICS 126
8.7.1 RISING NEED TO SECURE IOT DEVICES TO PREVENT LOSS OF LIFE OR GOODS TO DRIVE MARKET 126
8.8 CONNECTED HEALTHCARE 127
8.8.1 IOT SECURITY ESSENTIAL TO SAFEGUARD PATIENT DATA TO DRIVE MARKET 127
8.9 OTHER APPLICATIONS 129
9 IOT SECURITY MARKET, BY REGION 130
9.1 INTRODUCTION 131
9.2 NORTH AMERICA 132
9.2.1 NORTH AMERICA: IOT SECURITY MARKET DRIVERS 132
9.2.2 NORTH AMERICA: MACROECONOMIC OUTLOOK 133
9.2.3 US 138
9.2.3.1 Connected device adoption to drive IoT market 138
9.2.4 CANADA 141
9.2.4.1 Government’s focus on cybersecurity and IoT to drive market 141
9.3 EUROPE 145
9.3.1 EUROPE: IOT SECURITY MARKET DRIVERS 145
9.3.2 EUROPE: MACROECONOMIC OUTLOOK 145
9.3.3 UK 150
9.3.3.1 Innovation and proactive policies to drive growth 150
9.3.4 GERMANY 153
9.3.4.1 Industry integration and future challenges to drive IoT security leadership 153
9.3.5 FRANCE 157
9.3.5.1 Smart cities, Industry 4.0, and government initiatives to drive market 157
9.3.6 ITALY 161
9.3.6.1 Focus on industrial transformation and digitalization to drive market 161
9.3.7 REST OF EUROPE 164
9.4 ASIA PACIFIC 168
9.4.1 ASIA PACIFIC: IOT SECURITY MARKET DRIVERS 168
9.4.2 ASIA PACIFIC: MACROECONOMIC OUTLOOK 168
9.4.3 CHINA 173
9.4.3.1 Exploring cutting-edge solutions in China’s evolving IoT cybersecurity space to drive market 173
9.4.4 JAPAN 177
9.4.4.1 Stringent standards and technological advancements to power growth 177
9.4.5 INDIA 180
9.4.5.1 Significant government initiatives and expanding internet penetration to drive market 180
9.4.6 REST OF ASIA PACIFIC 184
9.5 MIDDLE EAST & AFRICA 188
9.5.1 MIDDLE EAST & AFRICA: IOT SECURITY MARKET DRIVERS 188
9.5.2 THE MIDDLE EAST & AFRICA: MACROECONOMIC OUTLOOK 188
9.5.3 MIDDLE EAST 193
9.5.3.1 Digital transformation and 5G to drive demand 193
9.5.3.2 Gulf Cooperation Council (GCC) 197
9.5.3.2.1 Industrial IoT and AI to drive growth in manufacturing and energy sectors 197
9.5.3.2.2 United Arab Emirates(UAE) 201
9.5.3.2.2.1 Government initiatives to drive market growth 201
9.5.3.2.3 Kingdom of Saudi Arabia (KSA) 202
9.5.3.2.3.1 AI and machine learning to power IoT solutions across industries 202
9.5.3.2.4 Kuwait 202
9.5.3.2.4.1 Positive developments and integration with AI to drive growth 202
9.5.3.2.5 Bahrain 203
9.5.3.2.5.1 Robust digital infrastructure and regulatory support to drive growth 203
9.5.3.2.6 Rest of GCC 203
9.5.3.3 Rest of Middle East 204
9.5.4 AFRICA 208
9.5.4.1 Mobile network expansion to pave way for Africa’s IoT revolution 208
9.6 LATIN AMERICA 211
9.6.1 LATIN AMERICA: IOT SECURITY MARKET DRIVERS 211
9.6.2 LATIN AMERICA: MACROECONOMIC OUTLOOK 212
9.6.3 BRAZIL 216
9.6.3.1 Government initiatives and rising internet penetration to drive market 216
9.6.4 MEXICO 219
9.6.4.1 Addressing security concerns and standardization issues for sustainable IoT growth to drive demand 219
9.6.5 REST OF LATIN AMERICA 222
9.6.5.1 Collaborative government initiatives to drive IoT adoption 222
10 COMPETITIVE LANDSCAPE 227
10.1 INTRODUCTION 227
10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 227
10.3 REVENUE ANALYSIS 229
10.4 VALUATION AND FINANCIAL METRICS OF KEY IOT SECURITY VENDORS 230
10.5 MARKET SHARE ANALYSIS 231
10.6 PRODUCT/BRAND COMPARISON 233
10.6.1 CISCO 234
10.6.2 THALES 234
10.6.3 NXP SEMICONDUCTOR 234
10.6.4 CHECK POINT 234
10.6.5 AWS 234
10.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 235
10.7.1 STARS 235
10.7.2 EMERGING LEADERS 235
10.7.3 PERVASIVE PLAYERS 235
10.7.4 PARTICIPANTS 235
10.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 237
10.7.5.1 Company footprint 237
10.7.5.2 Offerings footprint 238
10.7.5.3 Application footprint 239
10.7.5.4 Region footprint 240
10.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 240
10.8.1 PROGRESSIVE COMPANIES 241
10.8.2 RESPONSIVE COMPANIES 241
10.8.3 DYNAMIC COMPANIES 241
10.8.4 STARTING BLOCKS 241
10.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 242
10.8.5.1 Detailed list of key startups/SMEs 242
10.8.5.2 Competitive benchmarking of key startups/SMEs 243
10.9 COMPETITIVE SCENARIO AND TRENDS 244
10.9.1 PRODUCT LAUNCHES 244
10.9.2 DEALS 246
11 COMPANY PROFILES 252
11.1 KEY PLAYERS 252
11.1.1 MICROSOFT 252
11.1.1.1 Business overview 252
11.1.1.2 Products/Solutions/Services offered 253
11.1.1.3 Recent developments 254
11.1.1.4 MnM view 255
11.1.1.4.1 Key strategies 255
11.1.1.4.2 Strategic choices 255
11.1.1.4.3 Weaknesses and competitive threats 255
11.1.2 FORTINET 256
11.1.2.1 Business overview 256
11.1.2.2 Products/Solutions/Services offered 257
11.1.2.3 MnM view 258
11.1.2.3.1 Key strategies 258
11.1.2.3.2 Strategic choices 258
11.1.2.3.3 Weaknesses and competitive threats 258
11.1.3 AMAZON WEB SERVICES 259
11.1.3.1 Business overview 259
11.1.3.2 Products/Solutions/Services offered 260
11.1.3.3 Recent developments 260
11.1.3.4 MnM view 261
11.1.3.4.1 Key strategies 261
11.1.3.4.2 Strategic choices 261
11.1.3.4.3 Weaknesses and competitive threats 261
11.1.4 IBM 262
11.1.4.1 Business overview 262
11.1.4.2 Products/Solutions/Services offered 263
11.1.4.3 Recent developments 264
11.1.4.4 MNM view 264
11.1.4.4.1 Key strengths 264
11.1.4.4.2 Strategic choices 264
11.1.4.4.3 Weaknesses and competitive threats 264
11.1.5 INTEL 265
11.1.5.1 Business overview 265
11.1.5.2 Products/Solutions/Services offered 266
11.1.5.3 MnM view 267
11.1.5.3.1 Key strengths 267
11.1.5.3.2 Strategic choices 267
11.1.5.3.3 Weaknesses and competitive threats 267
11.1.6 CISCO 268
11.1.6.1 Business overview 268
11.1.6.2 Products/Solutions/Services offered 269
11.1.6.3 Recent developments 270
11.1.7 THALES GROUP 272
11.1.7.1 Business overview 272
11.1.7.2 Products/Solutions/Services offered 273
11.1.7.3 Recent developments 274
11.1.8 INFINEON 275
11.1.8.1 Business overview 275
11.1.8.2 Products/Solutions/Services offered 276
11.1.8.3 Recent developments 276
11.1.9 ALLOT 278
11.1.9.1 Business overview 278
11.1.9.2 Products/Solutions/Services offered 278
11.1.9.3 Recent developments 279
11.1.10 ATOS 280
11.1.10.1 Business overview 280
11.1.10.2 Products/Solutions/Services offered 281
11.1.10.3 Recent developments 282
11.1.11 CHECK POINT 284
11.1.11.1 Business overview 284
11.1.11.2 Products/Solutions/Services offered 285
11.1.11.3 Recent developments 286
11.1.12 PALO ALTO NETWORKS 287
11.1.12.1 Business overview 287
11.1.12.2 Products/Solutions/Services offered 288
11.1.12.3 Recent developments 289
11.1.13 MOBILEUM 290
11.1.13.1 Business overview 290
11.1.13.2 Products/Solutions/Services offered 290
11.1.13.3 Recent developments 291
11.1.14 ENTRUST 292
11.1.14.1 Business overview 292
11.1.14.2 Products/Solutions/Services offered 292
11.1.14.3 Recent developments 293
11.1.15 NXP SEMICONDUCTORS 294
11.1.15.1 Business overview 294
11.1.15.2 Products/Solutions/Services offered 295
11.1.15.3 Recent developments 296
11.1.16 KASPERSKY 297
11.1.16.1 Business overview 297
11.1.16.2 Products/Solutions/Services offered 297
11.2 OTHER KEY PLAYERS 298
11.2.1 MAGICCUBE 298
11.2.2 CLAROTY 299
11.2.3 ORDR 300
11.2.4 ARMIS 301
11.2.5 NOZOMI NETWORKS 302
11.2.6 KEYFACTOR 303
11.2.7 PARTICLE INDUSTRIES, INC. 303
11.2.8 KARAMBA SECURITY 304
11.2.9 FORESCOUT TECHNOLOGIES INC 304
12 ADJACENT/RELATED MARKETS 305
12.1 INTRODUCTION 305
12.2 LIMITATIONS 305
12.3 OPERATIONAL TECHNOLOGY (OT) SECURITY MARKET – GLOBAL FORECAST TO 2029 306
12.4 CYBERSECURITY MARKET — GLOBAL FORECAST TO 2028 310
13 APPENDIX 317
13.1 DISCUSSION GUIDE 317
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 321
13.3 CUSTOMIZATION OPTIONS 323
13.4 RELATED REPORTS 323
13.5 AUTHOR DETAILS 324
LIST OF TABLES
TABLE 1 USD EXCHANGE RATES, 2020–2023 37
TABLE 2 FACTOR ANALYSIS 47
TABLE 3 IOT SECURITY MARKET: ASSUMPTIONS 49
TABLE 4 IOT SECURITY MARKET: LIMITATIONS 50
TABLE 5 IOT CONNECTIONS, 2022 VS. 2028 (BILLION) 59
TABLE 6 COUNTRY-WISE ADOPTION OF IPV6, 2022 61
TABLE 7 CASE STUDY 1: PALO ALTO HELPS NDIT TEAM TO MANAGE
NETWORK TRAFFIC LOAD 67
TABLE 8 CASE STUDY 2: PROHEATLH USES ORDR SCE PLATFORM TO IMPROVE SECURITY OF IOT DEVICES FOR PROHEALTH 68
TABLE 9 CASE STUDY 3: ENDPOINT SECURITY SOLUTIONS FROM TREND MICRO MINIMIZE SCALATIONS FOR ANTHEM BIOSCIENCES 68
TABLE 10 IOT SECURITY MARKET: ECOSYSTEM 71
TABLE 11 PORTER’S FIVE FORCES IMPACT ANALYSIS 72
TABLE 12 AVERAGE SELLING PRICE TREND OF IOT SECURITY AMONG KEY PLAYERS, BY SOLUTION, 2024 79
TABLE 13 INDICATIVE PRICING MODEL OF IDENTITY AND ACCESS MANAGEMENT
SOLUTION – IOT SECURITY MARKET, 2024 80
TABLE 14 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 91
TABLE 15 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 92
TABLE 16 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 92
TABLE 17 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 93
TABLE 18 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE
VERTICALS 94
TABLE 19 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 94
TABLE 20 IOT SECURITY MARKET: DETAILED LIST OF CONFERENCES & EVENTS 95
TABLE 21 BUSINESS MODEL 96
TABLE 22 IOT SECURITY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 99
TABLE 23 IOT SECURITY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 99
TABLE 24 IOT SECURITY MARKET, BY SOLUTION, 2018–2023 (USD MILLION) 100
TABLE 25 IOT SECURITY MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 101
TABLE 26 IDENTITY AND ACCESS MANAGEMENT: IOT SECURITY MARKET, BY REGION,
2018–2023 (USD MILLION) 102
TABLE 27 IDENTITY AND ACCESS MANAGEMENT: IOT SECURITY MARKET, BY REGION,
2024–2029 (USD MILLION) 102
TABLE 28 DATA ENCRYPTION AND TOKENIZATION: IOT SECURITY MARKET, BY REGION, 2018–2023 (USD MILLION) 103
TABLE 29 DATA ENCRYPTION AND TOKENIZATION: IOT SECURITY MARKET, BY REGION, 2024–2029 (USD MILLION) 103
TABLE 30 INTRUSION DETECTION SYSTEM /INTRUSION PREVENTION SYSTEM: IOT SECURITY MARKET, BY REGION, 2018–2023 (USD MILLION) 104
TABLE 31 INTRUSION DETECTION SYSTEM/INTRUSION PREVENTION SYSTEM: IOT SECURITY MARKET, BY REGION, 2024–2029 (USD MILLION) 104
TABLE 32 DEVICE AUTHENTICATION AND MANAGEMENT: IOT SECURITY MARKET, BY REGION, 2018–2023 (USD MILLION) 105
TABLE 33 DEVICE AUTHENTICATION AND MANAGEMENT: IOT SECURITY MARKET, BY REGION, 2024–2029 (USD MILLION) 105
TABLE 34 SECURE COMMUNICATION PROTOCOLS: IOT SECURITY MARKET, BY REGION, 2018–2023 (USD MILLION) 106
TABLE 35 SECURE COMMUNICATION PROTOCOLS: IOT SECURITY MARKET, BY REGION, 2024–2029 (USD MILLION) 106
TABLE 36 PUBLIC KEY INFRASTRUCTURE CERTIFICATE LIFECYCLE MANAGEMENT:
IOT SECURITY MARKET, BY REGION, 2018–2023 (USD MILLION) 107
TABLE 37 PUBLIC KEY INFRASTRUCTURE CERTIFICATE LIFECYCLE MANAGEMENT:
IOT SECURITY MARKET, BY REGION, 2024–2029 (USD MILLION) 107
TABLE 38 DISTRIBUTED DENIAL OF SERVICE PROTECTION: IOT SECURITY MARKET,
BY REGION, 2018–2023 (USD MILLION) 108
TABLE 39 DISTRIBUTED DENIAL OF SERVICE PROTECTION: IOT SECURITY MARKET,
BY REGION, 2024–2029 (USD MILLION) 108
TABLE 40 SECURITY ANALYTICS: IOT SECURITY MARKET, BY REGION,
2018–2023 (USD MILLION) 109
TABLE 41 SECURITY ANALYTICS: IOT SECURITY MARKET, BY REGION,
2024–2029 (USD MILLION) 109
TABLE 42 VIRTUAL FIREWALL: IOT SECURITY MARKET, BY REGION,
2018–2023 (USD MILLION) 110
TABLE 43 VIRTUAL FIREWALL: IOT SECURITY MARKET, BY REGION,
2024–2029 (USD MILLION) 110
TABLE 44 IOT SECURITY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 111
TABLE 45 IOT SECURITY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 112
TABLE 46 PROFESSIONAL SERVICES: IOT SECURITY MARKET, BY TYPE,
2018–2023 (USD MILLION) 112
TABLE 47 PROFESSIONAL SERVICES: IOT SECURITY MARKET, BY TYPE,
2024–2029 (USD MILLION) 112
TABLE 48 IOT SECURITY MARKET, BY APPLICATION, 2018–2023 (USD MILLION) 119
TABLE 49 IOT SECURITY MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 120
TABLE 50 SMART MANUFACTURING: IOT SECURITY MARKET, BY REGION,
2018–2023 (USD MILLION) 121
TABLE 51 SMART MANUFACTURING: IOT SECURITY MARKET, BY REGION,
2024–2029 (USD MILLION) 121
TABLE 52 SMART ENERGY AND UTILITIES: IOT SECURITY MARKET, BY REGION,
2018–2023 (USD MILLION) 122
TABLE 53 SMART ENERGY AND UTILITIES: IOT SECURITY MARKET, BY REGION,
2024–2029 (USD MILLION) 122
TABLE 54 SMART HOME & CONSUMER ELECTRONICS: IOT SECURITY MARKET, BY REGION, 2018–2023 (USD MILLION) 123
TABLE 55 SMART HOME & CONSUMER ELECTRONICS: IOT SECURITY MARKET, BY REGION, 2024–2029 (USD MILLION) 124
TABLE 56 SMART GOVERNMENT: IOT SECURITY MARKET, BY REGION,
2018–2023 (USD MILLION) 124
TABLE 57 SMART GOVERNMENT: IOT SECURITY MARKET, BY REGION,
2024–2029 (USD MILLION) 125
TABLE 58 SMART RETAIL: IOT SECURITY MARKET, BY REGION, 2018–2023 (USD MILLION) 126
TABLE 59 SMART RETAIL: IOT SECURITY MARKET, BY REGION, 2024–2029 (USD MILLION) 126
TABLE 60 CONNECTED LOGISTICS: IOT SECURITY MARKET, BY REGION,
2018–2023 (USD MILLION) 127
TABLE 61 CONNECTED LOGISTICS: IOT SECURITY MARKET, BY REGION,
2024–2029 (USD MILLION) 127
TABLE 62 CONNECTED HEALTHCARE: IOT SECURITY MARKET, BY REGION,
2018–2023 (USD MILLION) 128
TABLE 63 CONNECTED HEALTHCARE: IOT SECURITY MARKET, BY REGION,
2024–2029 (USD MILLION) 128
TABLE 64 IOT SECURITY MARKET, BY REGION, 2018–2023 (USD MILLION) 131
TABLE 65 IOT SECURITY MARKET, BY REGION, 2024–2029 (USD MILLION) 132
TABLE 66 NORTH AMERICA: IOT SECURITY MARKET, BY OFFERING,
2018–2023 (USD MILLION) 134
TABLE 67 NORTH AMERICA: IOT SECURITY MARKET, BY OFFERING,
2024–2029 (USD MILLION) 134
TABLE 68 NORTH AMERICA: IOT SECURITY MARKET, BY SOLUTION,
2018–2023 (USD MILLION) 134
TABLE 69 NORTH AMERICA: IOT SECURITY MARKET, BY SOLUTION,
2024–2029 (USD MILLION) 135
TABLE 70 NORTH AMERICA: IOT SECURITY MARKET, BY SERVICE,
2018–2023 (USD MILLION) 135
TABLE 71 NORTH AMERICA: IOT SECURITY MARKET, BY SERVICE,
2024–2029 (USD MILLION) 135
TABLE 72 NORTH AMERICA: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2018–2023 (USD MILLION) 136
TABLE 73 NORTH AMERICA: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2024–2029 (USD MILLION) 136
TABLE 74 NORTH AMERICA: IOT SECURITY MARKET, BY APPLICATION,
2018–2023 (USD MILLION) 136
TABLE 75 NORTH AMERICA: IOT SECURITY MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 137
TABLE 76 NORTH AMERICA: IOT SECURITY MARKET, BY COUNTRY,
2018–2023 (USD MILLION) 137
TABLE 77 NORTH AMERICA: IOT SECURITY MARKET, BY COUNTRY,
2024–2029 (USD MILLION) 137
TABLE 78 US: IOT SECURITY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 138
TABLE 79 US: IOT SECURITY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 138
TABLE 80 US: IOT SECURITY MARKET, BY SOLUTION, 2018–2023 (USD MILLION) 139
TABLE 81 US: IOT SECURITY MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 139
TABLE 82 US: IOT SECURITY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 139
TABLE 83 US: IOT SECURITY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 140
TABLE 84 US: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2018–2023 (USD MILLION) 140
TABLE 85 US: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2024–2029 (USD MILLION) 140
TABLE 86 US: IOT SECURITY MARKET, BY APPLICATION, 2018–2023 (USD MILLION) 140
TABLE 87 US: IOT SECURITY MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 141
TABLE 88 CANADA: IOT SECURITY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 141
TABLE 89 CANADA: IOT SECURITY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 142
TABLE 90 CANADA: IOT SECURITY MARKET, BY SOLUTION, 2018–2023 (USD MILLION) 142
TABLE 91 CANADA: IOT SECURITY MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 142
TABLE 92 CANADA: IOT SECURITY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 143
TABLE 93 CANADA: IOT SECURITY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 143
TABLE 94 CANADA: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2018–2023 (USD MILLION) 143
TABLE 95 CANADA: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2024–2029 (USD MILLION) 143
TABLE 96 CANADA: IOT SECURITY MARKET, BY APPLICATION, 2018–2023 (USD MILLION) 144
TABLE 97 CANADA: IOT SECURITY MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 144
TABLE 98 EUROPE: IOT SECURITY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 146
TABLE 99 EUROPE: IOT SECURITY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 146
TABLE 100 EUROPE: IOT SECURITY MARKET, BY SOLUTION, 2018–2023 (USD MILLION) 146
TABLE 101 EUROPE: IOT SECURITY MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 147
TABLE 102 EUROPE: IOT SECURITY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 147
TABLE 103 EUROPE: IOT SECURITY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 147
TABLE 104 EUROPE: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2018–2023 (USD MILLION) 148
TABLE 105 EUROPE: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2024–2029 (USD MILLION) 148
TABLE 106 EUROPE: IOT SECURITY MARKET, BY APPLICATION, 2018–2023 (USD MILLION) 148
TABLE 107 EUROPE: IOT SECURITY MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 149
TABLE 108 EUROPE: IOT SECURITY MARKET, BY COUNTRY, 2018–2023 (USD MILLION) 149
TABLE 109 EUROPE: IOT SECURITY MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 149
TABLE 110 UK: IOT SECURITY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 150
TABLE 111 UK: IOT SECURITY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 150
TABLE 112 UK: IOT SECURITY MARKET, BY SOLUTION, 2018–2023 (USD MILLION) 150
TABLE 113 UK: IOT SECURITY MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 151
TABLE 114 UK: IOT SECURITY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 151
TABLE 115 UK: IOT SECURITY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 151
TABLE 116 UK: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2018–2023 (USD MILLION) 151
TABLE 117 UK: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2024–2029 (USD MILLION) 152
TABLE 118 UK: IOT SECURITY MARKET, BY APPLICATION, 2018–2023 (USD MILLION) 152
TABLE 119 UK: IOT SECURITY MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 152
TABLE 120 GERMANY: IOT SECURITY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 153
TABLE 121 GERMANY: IOT SECURITY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 153
TABLE 122 GERMANY: IOT SECURITY MARKET, BY SOLUTION, 2018–2023 (USD MILLION) 154
TABLE 123 GERMANY: IOT SECURITY MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 154
TABLE 124 GERMANY: IOT SECURITY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 154
TABLE 125 GERMANY: IOT SECURITY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 155
TABLE 126 GERMANY: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2018–2023 (USD MILLION) 155
TABLE 127 GERMANY: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2024–2029 (USD MILLION) 155
TABLE 128 GERMANY: IOT SECURITY MARKET, BY APPLICATION, 2018–2023 (USD MILLION) 156
TABLE 129 GERMANY: IOT SECURITY MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 156
TABLE 130 FRANCE: IOT SECURITY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 157
TABLE 131 FRANCE: IOT SECURITY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 157
TABLE 132 FRANCE: IOT SECURITY MARKET, BY SOLUTION, 2018–2023 (USD MILLION) 158
TABLE 133 FRANCE: IOT SECURITY MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 158
TABLE 134 FRANCE: IOT SECURITY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 158
TABLE 135 FRANCE: IOT SECURITY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 159
TABLE 136 FRANCE: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2018–2023 (USD MILLION) 159
TABLE 137 FRANCE: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2024–2029 (USD MILLION) 159
TABLE 138 FRANCE: IOT SECURITY MARKET, BY APPLICATION, 2018–2023 (USD MILLION) 160
TABLE 139 FRANCE: IOT SECURITY MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 160
TABLE 140 ITALY: IOT SECURITY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 161
TABLE 141 ITALY: IOT SECURITY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 161
TABLE 142 ITALY: IOT SECURITY MARKET, BY SOLUTION, 2018–2023 (USD MILLION) 162
TABLE 143 ITALY: IOT SECURITY MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 162
TABLE 144 ITALY: IOT SECURITY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 162
TABLE 145 ITALY: IOT SECURITY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 163
TABLE 146 ITALY: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2018–2023 (USD MILLION) 163
TABLE 147 ITALY: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2024–2029 (USD MILLION) 163
TABLE 148 ITALY: IOT SECURITY MARKET, BY APPLICATION, 2018–2023 (USD MILLION) 163
TABLE 149 ITALY: IOT SECURITY MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 164
TABLE 150 REST OF EUROPE: IOT SECURITY MARKET, BY OFFERING,
2018–2023 (USD MILLION) 164
TABLE 151 REST OF EUROPE: IOT SECURITY MARKET, BY OFFERING,
2024–2029 (USD MILLION) 165
TABLE 152 REST OF EUROPE: IOT SECURITY MARKET, BY SOLUTION,
2018–2023 (USD MILLION) 165
TABLE 153 REST OF EUROPE: IOT SECURITY MARKET, BY SOLUTION,
2024–2029 (USD MILLION) 165
TABLE 154 REST OF EUROPE: IOT SECURITY MARKET, BY SERVICE,
2018–2023 (USD MILLION) 166
TABLE 155 REST OF EUROPE: IOT SECURITY MARKET, BY SERVICE,
2024–2029 (USD MILLION) 166
TABLE 156 REST OF EUROPE: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2018–2023 (USD MILLION) 166
TABLE 157 REST OF EUROPE: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2024–2029 (USD MILLION) 166
TABLE 158 REST OF EUROPE: IOT SECURITY MARKET, BY APPLICATION,
2018–2023 (USD MILLION) 167
TABLE 159 REST OF EUROPE: IOT SECURITY MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 167
TABLE 160 ASIA PACIFIC: IOT SECURITY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 169
TABLE 161 ASIA PACIFIC: IOT SECURITY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 170
TABLE 162 ASIA PACIFIC: IOT SECURITY MARKET, BY SOLUTION, 2018–2023 (USD MILLION) 170
TABLE 163 ASIA PACIFIC: IOT SECURITY MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 170
TABLE 164 ASIA PACIFIC: IOT SECURITY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 171
TABLE 165 ASIA PACIFIC: IOT SECURITY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 171
TABLE 166 ASIA PACIFIC: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2018–2023 (USD MILLION) 171
TABLE 167 ASIA PACIFIC: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2024–2029 (USD MILLION) 171
TABLE 168 ASIA PACIFIC: IOT SECURITY MARKET, BY APPLICATION,
2018–2023 (USD MILLION) 172
TABLE 169 ASIA PACIFIC: IOT SECURITY MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 172
TABLE 170 ASIA PACIFIC: IOT SECURITY MARKET, BY COUNTRY, 2018–2023 (USD MILLION) 173
TABLE 171 ASIA PACIFIC: IOT SECURITY MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 173
TABLE 172 CHINA: IOT SECURITY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 174
TABLE 173 CHINA: IOT SECURITY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 174
TABLE 174 CHINA: IOT SECURITY MARKET, BY SOLUTION, 2018–2023 (USD MILLION) 174
TABLE 175 CHINA: IOT SECURITY MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 175
TABLE 176 CHINA: IOT SECURITY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 175
TABLE 177 CHINA: IOT SECURITY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 175
TABLE 178 CHINA: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2018–2023 (USD MILLION) 175
TABLE 179 CHINA: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2024–2029 (USD MILLION) 176
TABLE 180 CHINA: IOT SECURITY MARKET, BY APPLICATION, 2018–2023 (USD MILLION) 176
TABLE 181 CHINA: IOT SECURITY MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 176
TABLE 182 JAPAN: IOT SECURITY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 177
TABLE 183 JAPAN: IOT SECURITY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 177
TABLE 184 JAPAN: IOT SECURITY MARKET, BY SOLUTION, 2018–2023 (USD MILLION) 178
TABLE 185 JAPAN: IOT SECURITY MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 178
TABLE 186 JAPAN: IOT SECURITY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 178
TABLE 187 JAPAN: IOT SECURITY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 179
TABLE 188 JAPAN: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2018–2023 (USD MILLION) 179
TABLE 189 JAPAN: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2024–2029 (USD MILLION) 179
TABLE 190 JAPAN: IOT SECURITY MARKET, BY APPLICATION, 2018–2023 (USD MILLION) 179
TABLE 191 JAPAN: IOT SECURITY MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 180
TABLE 192 INDIA: IOT SECURITY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 180
TABLE 193 INDIA: IOT SECURITY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 181
TABLE 194 INDIA: IOT SECURITY MARKET, BY SOLUTION, 2018–2023 (USD MILLION) 181
TABLE 195 INDIA: IOT SECURITY MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 181
TABLE 196 INDIA: IOT SECURITY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 182
TABLE 197 INDIA: IOT SECURITY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 182
TABLE 198 INDIA: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2018–2023 (USD MILLION) 182
TABLE 199 INDIA: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2024–2029 (USD MILLION) 182
TABLE 200 INDIA: IOT SECURITY MARKET, BY APPLICATION, 2018–2023 (USD MILLION) 183
TABLE 201 INDIA: IOT SECURITY MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 183
TABLE 202 REST OF ASIA PACIFIC: IOT SECURITY MARKET, BY OFFERING,
2018–2023 (USD MILLION) 184
TABLE 203 REST OF ASIA PACIFIC: IOT SECURITY MARKET, BY OFFERING,
2024–2029 (USD MILLION) 184
TABLE 204 REST OF ASIA PACIFIC: IOT SECURITY MARKET, BY SOLUTION,
2018–2023 (USD MILLION) 185
TABLE 205 REST OF ASIA PACIFIC: IOT SECURITY MARKET, BY SOLUTION,
2024–2029 (USD MILLION) 185
TABLE 206 REST OF ASIA PACIFIC: IOT SECURITY MARKET, BY SERVICE,
2018–2023 (USD MILLION) 186
TABLE 207 REST OF ASIA PACIFIC: IOT SECURITY MARKET, BY SERVICE,
2024–2029 (USD MILLION) 186
TABLE 208 REST OF ASIA PACIFIC: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE, 2018–2023 (USD MILLION) 186
TABLE 209 REST OF ASIA PACIFIC: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION) 186
TABLE 210 REST OF ASIA PACIFIC: IOT SECURITY MARKET, BY APPLICATION,
2018–2023 (USD MILLION) 187
TABLE 211 REST OF ASIA PACIFIC: IOT SECURITY MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 187
TABLE 212 MIDDLE EAST & AFRICA: IOT SECURITY MARKET, BY OFFERING,
2018–2023 (USD MILLION) 189
TABLE 213 MIDDLE EAST & AFRICA: IOT SECURITY MARKET, BY OFFERING,
2024–2029 (USD MILLION) 189
TABLE 214 MIDDLE EAST & AFRICA: IOT SECURITY MARKET, BY SOLUTION,
2018–2023 (USD MILLION) 189
TABLE 215 MIDDLE EAST & AFRICA: IOT SECURITY MARKET, BY SOLUTION,
2024–2029 (USD MILLION) 190
TABLE 216 MIDDLE EAST & AFRICA: IOT SECURITY MARKET, BY SERVICE,
2018–2023 (USD MILLION) 190
TABLE 217 MIDDLE EAST & AFRICA: IOT SECURITY MARKET, BY SERVICE,
2024–2029 (USD MILLION) 190
TABLE 218 MIDDLE EAST & AFRICA: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE, 2018–2023 (USD MILLION) 191
TABLE 219 MIDDLE EAST & AFRICA: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION) 191
TABLE 220 MIDDLE EAST & AFRICA: IOT SECURITY MARKET, BY APPLICATION,
2018–2023 (USD MILLION) 191
TABLE 221 MIDDLE EAST & AFRICA: IOT SECURITY MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 192
TABLE 222 MIDDLE EAST & AFRICA: IOT SECURITY MARKET, BY REGION,
2018–2023 (USD MILLION) 192
TABLE 223 MIDDLE EAST & AFRICA: IOT SECURITY MARKET, BY REGION,
2024–2029 (USD MILLION) 192
TABLE 224 MIDDLE EAST: IOT SECURITY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 193
TABLE 225 MIDDLE EAST: IOT SECURITY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 193
TABLE 226 MIDDLE EAST: IOT SECURITY MARKET, BY SOLUTION, 2018–2023 (USD MILLION) 194
TABLE 227 MIDDLE EAST: IOT SECURITY MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 194
TABLE 228 MIDDLE EAST: IOT SECURITY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 195
TABLE 229 MIDDLE EAST: IOT SECURITY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 195
TABLE 230 MIDDLE EAST: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2018–2023 (USD MILLION) 195
TABLE 231 MIDDLE EAST: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2024–2029 (USD MILLION) 195
TABLE 232 MIDDLE EAST: IOT SECURITY MARKET, BY APPLICATION,
2018–2023 (USD MILLION) 196
TABLE 233 MIDDLE EAST: IOT SECURITY MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 196
TABLE 234 MIDDLE EAST: IOT SECURITY MARKET, BY REGION, 2018–2023 (USD MILLION) 196
TABLE 235 MIDDLE EAST: IOT SECURITY MARKET, BY REGION, 2024–2029 (USD MILLION) 197
TABLE 236 GCC: IOT SECURITY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 197
TABLE 237 GCC: IOT SECURITY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 197
TABLE 238 GCC: IOT SECURITY MARKET, BY SOLUTION, 2018–2023 (USD MILLION) 198
TABLE 239 GCC: IOT SECURITY MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 198
TABLE 240 GCC: IOT SECURITY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 199
TABLE 241 GCC: IOT SECURITY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 199
TABLE 242 GCC: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2018–2023 (USD MILLION) 199
TABLE 243 GCC: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2024–2029 (USD MILLION) 199
TABLE 244 GCC: IOT SECURITY MARKET, BY APPLICATION, 2018–2023 (USD MILLION) 200
TABLE 245 GCC: IOT SECURITY MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 200
TABLE 246 GCC: IOT SECURITY MARKET, BY COUNTRY, 2018–2023 (USD MILLION) 201
TABLE 247 GCC: IOT SECURITY MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 201
TABLE 248 REST OF MIDDLE EAST: IOT SECURITY MARKET, BY OFFERING,
2018–2023 (USD MILLION) 204
TABLE 249 REST OF MIDDLE EAST: IOT SECURITY MARKET, BY OFFERING,
2024–2029 (USD MILLION) 204
TABLE 250 REST OF MIDDLE EAST: IOT SECURITY MARKET, BY SOLUTION,
2018–2023 (USD MILLION) 205
TABLE 251 REST OF MIDDLE EAST: IOT SECURITY MARKET, BY SOLUTION,
2024–2029 (USD MILLION) 205
TABLE 252 REST OF MIDDLE EAST: IOT SECURITY MARKET, BY SERVICE,
2018–2023 (USD MILLION) 206
TABLE 253 REST OF MIDDLE EAST: IOT SECURITY MARKET, BY SERVICE,
2024–2029 (USD MILLION) 206
TABLE 254 REST OF MIDDLE EAST: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE, 2018–2023 (USD MILLION) 206
TABLE 255 REST OF MIDDLE EAST: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE 2024–2029 (USD MILLION) 206
TABLE 256 REST OF MIDDLE EAST: IOT SECURITY MARKET, BY APPLICATION,
2018–2023 (USD MILLION) 207
TABLE 257 REST OF MIDDLE EAST: IOT SECURITY MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 207
TABLE 258 AFRICA: IOT SECURITY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 208
TABLE 259 AFRICA: IOT SECURITY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 208
TABLE 260 AFRICA: IOT SECURITY MARKET, BY SOLUTION, 2018–2023 (USD MILLION) 209
TABLE 261 AFRICA: IOT SECURITY MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 209
TABLE 262 AFRICA: IOT SECURITY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 209
TABLE 263 AFRICA: IOT SECURITY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 210
TABLE 264 AFRICA: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2018–2023 (USD MILLION) 210
TABLE 265 AFRICA: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2024–2029 (USD MILLION) 210
TABLE 266 AFRICA: IOT SECURITY MARKET, BY APPLICATION, 2018–2023 (USD MILLION) 210
TABLE 267 AFRICA: IOT SECURITY MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 211
TABLE 268 LATIN AMERICA: IOT SECURITY MARKET, BY OFFERING,
2018–2023 (USD MILLION) 212
TABLE 269 LATIN AMERICA: IOT SECURITY MARKET, BY OFFERING,
2024–2029 (USD MILLION) 212
TABLE 270 LATIN AMERICA: IOT SECURITY MARKET, BY SOLUTION,
2018–2023 (USD MILLION) 212
TABLE 271 LATIN AMERICA: IOT SECURITY MARKET, BY SOLUTION,
2024–2029 (USD MILLION) 213
TABLE 272 LATIN AMERICA: IOT SECURITY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 213
TABLE 273 LATIN AMERICA: IOT SECURITY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 213
TABLE 274 LATIN AMERICA: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2018–2023 (USD MILLION) 214
TABLE 275 LATIN AMERICA: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2024–2029 (USD MILLION) 214
TABLE 276 LATIN AMERICA: IOT SECURITY MARKET, BY APPLICATION,
2018–2023 (USD MILLION) 214
TABLE 277 LATIN AMERICA: IOT SECURITY MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 215
TABLE 278 LATIN AMERICA: IOT SECURITY MARKET, BY COUNTRY, 2018–2023 (USD MILLION) 215
TABLE 279 LATIN AMERICA: IOT SECURITY MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 215
TABLE 280 BRAZIL: IOT SECURITY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 216
TABLE 281 BRAZIL: IOT SECURITY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 216
TABLE 282 BRAZIL: IOT SECURITY MARKET, BY SOLUTION, 2018–2023 (USD MILLION) 217
TABLE 283 BRAZIL: IOT SECURITY MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 217
TABLE 284 BRAZIL: IOT SECURITY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 217
TABLE 285 BRAZIL: IOT SECURITY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 218
TABLE 286 BRAZIL: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2018–2023 (USD MILLION) 218
TABLE 287 BRAZIL: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2024–2029 (USD MILLION) 218
TABLE 288 BRAZIL: IOT SECURITY MARKET, BY APPLICATION, 2018–2023 (USD MILLION) 218
TABLE 289 BRAZIL: IOT SECURITY MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 219
TABLE 290 MEXICO: IOT SECURITY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 219
TABLE 291 MEXICO: IOT SECURITY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 220
TABLE 292 MEXICO: IOT SECURITY MARKET, BY SOLUTION, 2018–2023 (USD MILLION) 220
TABLE 293 MEXICO: IOT SECURITY MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 220
TABLE 294 MEXICO: IOT SECURITY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 221
TABLE 295 MEXICO: IOT SECURITY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 221
TABLE 296 MEXICO: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2018–2023 (USD MILLION) 221
TABLE 297 MEXICO: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE,
2024–2029 (USD MILLION) 221
TABLE 298 MEXICO: IOT SECURITY MARKET, BY APPLICATION, 2018–2023 (USD MILLION) 222
TABLE 299 MEXICO: IOT SECURITY MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 222
TABLE 300 REST OF LATIN AMERICA: IOT SECURITY MARKET, BY OFFERING,
2018–2023 (USD MILLION) 223
TABLE 301 REST OF LATIN AMERICA: IOT SECURITY MARKET, BY OFFERING,
2024–2029 (USD MILLION) 223
TABLE 302 REST OF LATIN AMERICA: IOT SECURITY MARKET, BY SOLUTION,
2018–2023 (USD MILLION) 223
TABLE 303 REST OF LATIN AMERICA: IOT SECURITY MARKET, BY SOLUTION,
2024–2029 (USD MILLION) 224
TABLE 304 REST OF LATIN AMERICA: IOT SECURITY MARKET, BY SERVICE,
2018–2023 (USD MILLION) 224
TABLE 305 REST OF LATIN AMERICA: IOT SECURITY MARKET, BY SERVICE,
2024–2029 (USD MILLION) 224
TABLE 306 REST OF LATIN AMERICA: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE, 2018–2023 (USD MILLION) 225
TABLE 307 REST OF LATIN AMERICA: IOT SECURITY MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION) 225
TABLE 308 REST OF LATIN AMERICA: IOT SECURITY MARKET, BY APPLICATION,
2018–2023 (USD MILLION) 225
TABLE 309 REST OF LATIN AMERICA: IOT SECURITY MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 226
TABLE 310 OVERVIEW OF STRATEGIES ADOPTED BY KEY IOT SECURITY VENDORS 227
TABLE 311 IOT SECURITY MARKET: DEGREE OF COMPETITION 232
TABLE 312 IOT SECURITY MARKET: OFFERING FOOTPRINT 238
TABLE 313 IOT SECURITY MARKET: APPLICATION FOOTPRINT 239
TABLE 314 IOT SECURITY MARKET: REGIONAL FOOTPRINT 240
TABLE 315 IOT SECURITY MARKET: KEY STARTUPS/SMES 242
TABLE 316 APPLICATION FOOTPRINT OF STARTUPS/SMES 243
TABLE 317 REGIONAL FOOTPRINT OF STARTUPS/SMES 244
TABLE 318 IOT SECURITY MARKET: PRODUCT LAUNCHES, JANUARY 2023–JUNE 2024 244
TABLE 319 IOT SECURITY MARKET: DEALS, JANUARY 2023–JUNE 2024 246
TABLE 320 MICROSOFT: COMPANY OVERVIEW 252
TABLE 321 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 253
TABLE 322 MICROSOFT: PRODUCT LAUNCHES 254
TABLE 323 MICROSOFT: DEALS 254
TABLE 324 FORTINET: COMPANY OVERVIEW 256
TABLE 325 FORTINET: PRODUCTS/SOLUTIONS/SERVICES OFFERED 257
TABLE 326 FORTINET: DEALS 258
TABLE 327 AMAZON WEB SERVICES: COMPANY OVERVIEW 259
TABLE 328 AMAZON WEB SERVICES: PRODUCTS/SOLUTIONS/SERVICES OFFERED 260
TABLE 329 AMAZON WEB SERVICES: PRODUCT LAUNCHES 260
TABLE 330 AMAZON WEB SERVICES: DEALS 261
TABLE 331 IBM: COMPANY OVERVIEW 262
TABLE 332 IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 263
TABLE 333 IBM: PRODUCT LAUNCHES 264
TABLE 334 IBM: DEALS 264
TABLE 335 INTEL: COMPANY OVERVIEW 265
TABLE 336 INTEL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 266
TABLE 337 INTEL: DEALS 267
TABLE 338 CISCO: COMPANY OVERVIEW 268
TABLE 339 CISCO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 269
TABLE 340 CISCO: PRODUCT LAUNCHES 270
TABLE 341 CISCO: DEALS 270
TABLE 342 THALES GROUP: COMPANY OVERVIEW 272
TABLE 343 THALES GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 273
TABLE 344 THALES GROUP: PRODUCT LAUNCHES 274
TABLE 345 THALES GROUP: DEALS 274
TABLE 346 INFINEON: COMPANY OVERVIEW 275
TABLE 347 INFINEON: PRODUCTS/SOLUTIONS/SERVICES OFFERED 276
TABLE 348 INFINEON: PRODUCT LAUNCHES 276
TABLE 349 INFINEON: DEALS 276
TABLE 350 ALLOT: COMPANY OVERVIEW 278
TABLE 351 ALLOT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 278
TABLE 352 ALLOT: DEALS 279
TABLE 353 ATOS: COMPANY OVERVIEW 280
TABLE 354 ATOS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 281
TABLE 355 ATOS: DEALS 282
TABLE 356 ATOS: OTHER DEVELOPMENTS 283
TABLE 357 CHECK POINT: COMPANY OVERVIEW 284
TABLE 358 CHECK POINT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 285
TABLE 359 CHECK POINT: DEALS 286
TABLE 360 PALO ALTO NETWORKS: COMPANY OVERVIEW 287
TABLE 361 PALO ALTO NETWORKS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 288
TABLE 362 PALO ALTO: PRODUCT LAUNCHES 289
TABLE 363 PALO ALTO NETWORKS: DEALS 289
TABLE 364 MOBILEUM: COMPANY OVERVIEW 290
TABLE 365 MOBILEUM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 290
TABLE 366 MOBILEUM: DEALS 291
TABLE 367 ENTRUST: COMPANY OVERVIEW 292
TABLE 368 ENTRUST: PRODUCTS/SOLUTIONS/SERVICES OFFERED 292
TABLE 369 ENTRUST: PRODUCT LAUNCHES 293
TABLE 370 ENTRUST: DEALS 293
TABLE 371 NXP SEMICONDUCTORS: COMPANY OVERVIEW 294
TABLE 372 NXP SEMICONDUCTORS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 295
TABLE 373 NXP SEMICONDUCTORS: PRODUCT LAUNCHES 296
TABLE 374 NXP SEMICONDUCTORS: DEALS 296
TABLE 375 KASPERSKY: COMPANY OVERVIEW 297
TABLE 376 KASPERSKY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 297
TABLE 377 ADJACENT MARKETS AND FORECASTS 305
TABLE 378 OT SECURITY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 306
TABLE 379 OT SECURITY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 306
TABLE 380 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY SOLUTION,
2018–2023 (USD MILLION) 306
TABLE 381 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY SOLUTION,
2024–2029 (USD MILLION) 307
TABLE 382 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY DEPLOYMENT MODE,
2018–2023 (USD MILLION) 307
TABLE 383 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY DEPLOYMENT MODE,
2024–2029 (USD MILLION) 307
TABLE 384 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY ORGANIZATION SIZE,
2018–2023 (USD MILLION) 308
TABLE 385 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY ORGANIZATION SIZE,
2024–2029 (USD MILLION) 308
TABLE 386 OPERATIONAL TECHNOLOGY MARKET, BY VERTICAL, 2018–2023 (USD MILLION) 308
TABLE 387 OPERATIONAL TECHNOLOGY MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 309
TABLE 388 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY REGION,
2018–2023 (USD MILLION) 309
TABLE 389 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY REGION,
2024–2029 (USD MILLION) 309
TABLE 390 CYBERSECURITY MARKET, BY OFFERING, 2017–2022 (USD MILLION) 310
TABLE 391 CYBERSECURITY MARKET, BY OFFERING, 2023–2028 (USD MILLION) 310
TABLE 392 CYBERSECURITY MARKET, BY SOLUTION, 2017–2022 (USD MILLION) 310
TABLE 393 CYBERSECURITY MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 311
TABLE 394 CYBERSECURITY MARKET, BY SERVICE, 2017–2022 (USD MILLION) 311
TABLE 395 CYBERSECURITY MARKET, BY SERVICE, 2023–2028 (USD MILLION) 311
TABLE 396 CYBERSECURITY MARKET, BY PROFESSIONAL SERVICE,
2017–2022 (USD MILLION) 311
TABLE 397 CYBERSECURITY MARKET, BY PROFESSIONAL SERVICE,
2023–2028 (USD MILLION) 312
TABLE 398 CYBERSECURITY MARKET, BY SOLUTION TYPE, 2017–2022 (USD MILLION) 312
TABLE 399 CYBERSECURITY MARKET, BY SOLUTION TYPE, 2023–2028 (USD MILLION) 312
TABLE 400 CYBERSECURITY MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 313
TABLE 401 CYBERSECURITY MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 313
TABLE 402 CYBERSECURITY MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 313
TABLE 403 CYBERSECURITY MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 313
TABLE 404 CYBERSECURITY MARKET, BY SECURITY TYPE, 2017–2022 (USD MILLION) 314
TABLE 405 CYBERSECURITY MARKET, BY SECURITY TYPE, 2023–2028 (USD MILLION) 314
TABLE 406 CYBERSECURITY MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 314
TABLE 407 CYBERSECURITY MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 315
TABLE 408 CYBERSECURITY MARKET, BY REGION, 2017–2022 (USD MILLION) 315
TABLE 409 CYBERSECURITY MARKET, BY REGION, 2023–2028 (USD MILLION) 316
LIST OF FIGURES
FIGURE 1 IOT SECURITY MARKET: RESEARCH DESIGN 40
FIGURE 2 IOT SECURITY MARKET: DATA TRIANGULATION 42
FIGURE 3 IOT SECURITY MARKET: TOP-DOWN APPROACH 43
FIGURE 4 IOT SECURITY MARKET: BOTTOM-UP APPROACH 44
FIGURE 5 APPROACH 1 (SUPPLY SIDE): REVENUE FROM SOFTWARE/SERVICES OF
IOT SECURITY VENDORS 44
FIGURE 6 APPROACH 1: SUPPLY-SIDE ANALYSIS 45
FIGURE 7 IOT SECURITY MARKET ESTIMATION: RESEARCH FLOW 45
FIGURE 8 APPROACH 2 – BOTTOM-UP (DEMAND SIDE): PRODUCTS/SOLUTIONS/SERVICES 46
FIGURE 9 COMPANY EVALUATION MATRIX (KEY PLAYERS): CRITERIA WEIGHTAGE 48
FIGURE 10 COMPANY EVALUATION MATRIX (STARTUPS): CRITERIA WEIGHTAGE 49
FIGURE 11 GLOBAL IOT SECURITY MARKET SIZE AND Y-O-Y GROWTH RATE, 2022–2029 52
FIGURE 12 SEGMENTS WITH SIGNIFICANT MARKET SHARE AND GROWTH RATE 53
FIGURE 13 NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE IN 2024 53
FIGURE 14 RISING SECURITY CONCERNS DUE TO INCREASING USAGE OF IOT DEVICES
IN CRITICAL INFRASTRUCTURE TO DRIVE MARKET 55
FIGURE 15 SOLUTION SEGMENT TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD 55
FIGURE 16 IAM TO BE LARGEST MARKET DURING FORECAST PERIOD 56
FIGURE 17 PROFESSIONAL SERVICES TO BE LARGER MARKET DURING FORECAST PERIOD 56
FIGURE 18 SMART MANUFACTURING TO ACCOUNT FOR LARGEST MARKET SIZE DURING FORECAST PERIOD 57
FIGURE 19 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS IN
NEXT FIVE YEARS 57
FIGURE 20 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN IOT SECURITY MARKET 58
FIGURE 21 ORIGIN OF IOT ATTACK, BY COUNTRY (%) 60
FIGURE 22 INCREASE IN DATA VOLUMES DUE TO 5G TO ACCELERATE GROWTH OF IOT SECURITY MARKET 64
FIGURE 23 LACK OF STANDARDIZATION IN IOT PROTOCOL TO RESTRICT MARKET GROWTH 65
FIGURE 24 EVOLUTION OF IOT SECURITY 65
FIGURE 25 IOT SECURITY MARKET: VALUE CHAIN ANALYSIS 69
FIGURE 26 IOT SECURITY MARKET: ECOSYSTEM 70
FIGURE 27 PORTER’S FIVE FORCES ANALYSIS: IOT SECURITY MARKET 72
FIGURE 28 NUMBER OF PATENTS GRANTED FOR IOT SECURITY MARKET, 2014–2024 75
FIGURE 29 IOT SECURITY MARKET: REGIONAL ANALYSIS OF PATENTS GRANTED 76
FIGURE 30 AVERAGE SELLING PRICE TREND OF IOT SECURITY AMONG KEY PLAYERS,
BY SOLUTION, 2024 79
FIGURE 31 MARKET POTENTIAL OF GENERATIVE AI IN ENHANCING IOT SECURITY MARKET ACROSS INDUSTRIES 84
FIGURE 32 IMPACT OF GEN AI ON INTERCONNECTED AND ADJACENT ECOSYSTEM 85
FIGURE 33 REVENUE SHIFT IN IOT SECURITY MARKET 87
FIGURE 34 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS 93
FIGURE 35 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 94
FIGURE 36 LEADING GLOBAL IOT SECURITY STARTUPS AND SMES BY NUMBER OF INVESTORS AND FUNDING ROUNDS, 2020–2024 96
FIGURE 37 SERVICES SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD 98
FIGURE 38 IDENTITY AND ACCESS MANAGEMENT SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 100
FIGURE 39 MANAGED SERVICES SEGMENT TO RECORD HIGHER CAGR
DURING FORECAST PERIOD 111
FIGURE 40 SMART MANUFACTURING SEGMENT TO HOLD LARGEST MARKET SIZE
DURING FORECAST PERIOD 119
FIGURE 41 ASIA PACIFIC TO GROW AT HIGHEST RATE DURING FORECAST PERIOD 131
FIGURE 42 NORTH AMERICA: IOT SECURITY MARKET SNAPSHOT 133
FIGURE 43 ASIA PACIFIC: IOT SECURITY MARKET SNAPSHOT 169
FIGURE 44 REVENUE ANALYSIS OF KEY IOT SECURITY VENDORS, 2019-2023 (USD MILLION) 230
FIGURE 45 FINANCIAL METRICS OF KEY IOT SECURITY VENDORS 230
FIGURE 46 VALUATION OF KEY IOT SECURITY VENDORS (USD BILLION) 231
FIGURE 47 IOT SECURITY MARKET SHARE, 2023 (%) 231
FIGURE 48 BRAND COMPARISON/VENDOR PRODUCT LANDSCAPE 233
FIGURE 49 IOT SECURITY MARKET: KEY COMPANY EVALUATION QUADRANT (2023) 236
FIGURE 50 IOT SECURITY MARKET: COMPANY FOOTPRINT 237
FIGURE 51 IOT SECURITY MARKET: STARTUP/SME EVALUATION QUADRANT (2023) 242
FIGURE 52 MICROSOFT: COMPANY SNAPSHOT 253
FIGURE 53 FORTINET: COMPANY SNAPSHOT 257
FIGURE 54 AMAZON WEB SERVICES: COMPANY SNAPSHOT 259
FIGURE 55 IBM: COMPANY SNAPSHOT 263
FIGURE 56 INTEL: COMPANY SNAPSHOT 266
FIGURE 57 CISCO: COMPANY SNAPSHOT 269
FIGURE 58 THALES GROUP: COMPANY SNAPSHOT 273
FIGURE 59 INFINEON: COMPANY SNAPSHOT 275
FIGURE 60 ATOS: COMPANY SNAPSHOT 281
FIGURE 61 CHECK POINT: COMPANY SNAPSHOT 285
FIGURE 62 PALO ALTO NETWORKS: COMPANY SNAPSHOT 288
FIGURE 63 NXP SEMICONDUCTORS: COMPANY SNAPSHOT 295
