Visiongain report: “Global Internet of Things Security market to be worth over $10,839 million in 2019”

19 November 2018
Cyber

Visiongain’s Internet of Things (IoT) Security Market Report 2018-2028: Forecasts by Application (Transportation (Transportation Sector, Connected Cars), Industrial (Information & Communication Technology, Smart Manufacturing, BFSI, IoT Retail), Healthcare, Consumer Electronics), Solution Type (Threat Analysis, Identity Access Management, Data Loss Protection, Encryption, Dispatch and Incident Response, Distributed Denial of Service Protection, Others) and Security Type (Network Security, End-Point Security, Cloud Security, Application Security, Others) PLUS Profiles of the Leading Companies and Regional and Leading National Market Analysis report indicates that the Internet of Things security market is set to be worth $10,839mn in 2019, driven by the increasing number of IoT applications.

Visiongain’s cyber analyst and the author of Internet of Things (IoT) Security Market Report 2019-2029 commented that: "The current development and deployment of IoT initiatives could create a new golden era in the global economy. IoT has the potential to increase productivity, disrupt industrial production and change our life as we know it, just as with the earlier technological revolutions. Consequentially ensuring these devices are secure to prevent potential catastrophe is of vital importance to governments, businesses, and individuals alike. Visiongain believes that the IoT revolution has already started and is gaining momentum at a fast pace. Simple evidence to support this is the dramatic rate of adoption in mobile technology. This mass adoption is pushing towards a new era of creative disruption in media and amongst mobile network providers.

Considering that our infrastructure, transport, hospital equipment, and industries are increasingly becoming part of the IoT network, the consequences of a breach could be catastrophic for businesses, the economy, and even have lethal ramifications. This will create a huge impetus to utilise societal resources to develop robust and reliable IoT Security."

The 240-page report contains 264 tables, charts and graphs that utilise visual representation in order to clarify trends and market projections within the Internet of Things security market. Visiongain provides forecasts for the period 2019-2029 by Application, Solution Type and Security Type, as well as for 15 leading Companies. The report also provides forecasts are also for each of the 19 leading national markets as well as the ROW.

The Internet of Things (IoT) Security Market Report 2019-2029 report will be of impressive value to current, and future, investors into the Internet of Things security market, as well as to companies and research centres who wish to broaden their knowledge of the Internet of Things security industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100

About Visiongain

Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.

Recent News

“IoT Security market worth $13.21 billion in 2020” says Visiongain report

The lead analyst of the report said, North America generated the highest revenue in 2020 accounting for $5.07 billion. There is a huge market for IoT security in North America. North American homes have the highest density of internet of things (IoT) devices of any region in the world, according to researchers at Stanford University and Avast.

23 March 2020

Read

“Cyber Insurance market to total USD 50.4 billion in 2030” says new Visiongain report

Generally speaking, cyber insurance provides companies or persons with economic security and covers against Internet-based risks. It helps to protect their assets and viability, and, unsurprisingly, costs far less than the price of shutting down business operations.

20 January 2020

Read

“The IIOT market set to grow to US$ 142.45bn by 2030” says new Visiongain report

Organisations are increasingly adopting IIoT for improved operational efficiency, improved uptime, and asset utilisation through predictive maintenance and remote management.

03 January 2020

Read

Key Obstacles Faced by Today’s Cybersecurity Companies

With new technologies being developed on an almost daily basis, the cybersecurity industry has become one of today’s fastest-growing sectors. This is in large part due to the increasing numbers of web-savvy individuals and more services moving to online platforms than ever before. As one of today’s leading market insight firms, Visiongain has made it a point to provide the …

19 December 2019

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever