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Research Report On IoT Security Market | The Higher Penetration of IoT Devices in Developing Countries And Rising Adoption of Strict Privacy and Security Standards Are Some Key Drivers To Grow Market

Jul 21, 2021 (AB Digital via COMTEX) --

IoT Security Market 2021 Snapshot:

StraitsResearch has Published a brand-new market research study report on the IoT Security Market. This industry report incorporates inclusive market analysis about the likelihoods that have emerged as a result of this COVID-19 pandemic. What’s more, it gives key insights into the creative tactics which are used by leading business vendors amidst the pandemic duration.

The rapid growth of IoT in China, Japan, and South Korea presents growth opportunities for vendors offering IoT security solutions in the region. Hidden threats posed by IoT devices in terms of data sharing have led security experts and government agencies in Japan to undertake security measures.

For instance, Japanese authorities announced their decision of testing password security in over 200 million IoT devices through routers and webcams. This initiative would directly impact the market growth in a positive manner by raising the need for effective security solutions.

The report provides bits of knowledge with respect to the developments and developments in innovations that affect the extension of IoT Security market. Further, it expects the opportunity of troubles and limitations the business is likely going to look all through the going with not many years.

The global IoT security market was valued at around USD 9.52 billion in 2018 and is estimated to record a CAGR of 35.21% during the forecast period, 2019–2026.

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COVID-19 Impact:

Customers and Companies around the globe have changed significantly since the beginning of the COVID-19 pandemic at the beginning of 2020, among which the raised adoption of technologically advanced products. Owing to Covid-19 mainstream of the market was closed, and to reach major customer groups, firms have moved to the digital model to sustain in the competitive business landscape.

Research Coverage:

This research report categorizes the IoT Security market on the basis of Solution, Type, Application, and Regions. The report contains detailed information regarding the major key factors and restraints promoting the growth of the IoT Security market, such as key drivers, restraints, challenges, scope, and opportunities. A detailed study of the key industry vendors has been done to offer insights into business overviews, products & services, key strategies, expansions, new product growths, acquisition, and recent developments related to the market.

Report Segmentation Details:  

By Solution: Analytics, Encryption, Identity and access management, Threat management, Others
By Type: Cloud, Endpoint, Network, Application, Others
By Application: Smart manufacturing, Connected Logistics, Connected Healthcare, Smart Retail, Others

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IoT Security Market Regional Overview Includes:

⦿ North America: (Mexico, United States, and Canada)

⦿ Asia-Pacific: (China, Malaysia, Vietnam, Philippines, Korea, Japan, Thailand, India, Indonesia, and Australia)

⦿ Europe: (UK, Turkey, Germany, Italy, France, Russia)

⦿ South America: (Brazil)

⦿ The Middle East and Africa: (Egypt and GCC Countries)

Benefits of Purchasing IoT Security Market Full Research Report:

â?? Client Satisfaction: The team at Straits Research will assist with all research requirements and provide customized or syndicate report

â?? Inimitable Expertise: Analysts will provide in-depth insights into the global IoT Security Market Analysts Support: Get immediate query resolved by the expert’s pre and post-purchase of the IoT Security Market report

â?? Assured Quality: Straits Research maintains the accuracy and quality of the IoT Security Market

Key Vendors Covered in the Report as follows:

Allot, Cisco Systems, Inc, Fortinet, Inc, Gemalto NV, Google, IBM Corporation, Infineon Technologies AG, Intel Corporation, Microsoft Corporation, and Symantec Corporation.

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Below is the TOC of the IoT Security Market Report:

  1. Executive Summary
  2. Assumptions and Acronyms Used
  3. Research Methodology
  4. IoT Security Market Overview
  5. Global IoT Security Market Analysis and Forecast by Type
  6. Global IoT Security Market Analysis and Forecast by Application
  7. Global IoT Security Market Analysis and Forecast by Solution
  8. Global IoT Security Market Analysis and Forecast by Region
  9. North America IoT Security Market Analysis and Forecast
  10. Latin America IoT Security Market Analysis and Forecast
  11. Europe IoT Security Market Analysis and Forecast
  12. Asia Pacific IoT Security Market Analysis and Forecast
  13. The Middle East and Africa IoT Security Market Analysis and Forecast
  14. Competition Landscape


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