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[404 pages Report] The global Internet of Things (IoT) Security Product market is estimated to grow from USD 12 Billion in 2017 to USD 48 Billion by 2027, expanding at a CAGR of 14.9% from 2017 to 2027.
Attribute | Details |
---|---|
The estimated value of the Global Internet of Things (IoT) Security Product Market by 2027 |
USD 48 Billion |
Market Value of Global Internet of Things (IoT) Security Product in 2017 |
USD 12 Billion |
Estimated CAGR from 2017 to 2027 |
14.9% |
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The Report Covers Global Internet of Things Security Market Forecast & Companies. The Market is Segmented by Type of Security (Network Security, Endpoint Security), Solutions (Software, Services), End-user Industry (Automotive, Healthcare, Manufacturing), and Geography.
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The IoT security market size is projected to grow from USD 20.08 billion in the current year to USD 277.47 billion by 2035, representing a CAGR of 26.96%, during the forecast period till 2035.
This statistic shows the size of the Internet of Things (IoT) security market worldwide from 2016 to 2025. In 2018, revenue from the IoT sensors market is expected to amount to nearly 10 billion U.S. dollars worldwide.
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The market size of the Internet Of Things IoT Security Technology Market is categorized based on Application (Smart Manufacturing, Connected Logistics, Smart Home and Consumer Electronics, Connected Healthcare, Smart Transportation, Smart Retail, Others) and Product (Network, Endpoint, Product, Cloud, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
This report provides insights into the market size and forecasts the value do mercado, expresso em US $ milhões, nesses segmentos definidos.
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IoT security market size, analysis, trends, & forecasts. The global market for IoT security industry share by 2024, market growth.
The Internet of Things (IoT) is changing the way healthcare is delivered through interconnected technology and remote patient monitoring. One of the main challenges associated with the IoT is security. As of 2018, North America held the highest share of the healthcare IoT security market with about 47 percent of the market. By 2028, the Asia-Pacific region is expected to increase their hold on the market from about 17 percent to 22 percent.
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La dimensione del mercato dell'Internet of Things Malesia Il mercato della sicurezza IoT è classificata in base al prodotto (hardware, software, servizi) e applicazioni (case intelligenti, città intelligenti, IoT industriale, dispositivi indossabili, assistenza sanitaria connessa) e regioni geografiche (Nord America, Europa, Asia-Pacifico, Sud America e Medio-Oriente e Africa).
attraverso questi segmenti definiti.
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The global cellular connectivity IoT network security market size reached US$ 4.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 13.9 Billion by 2032, exhibiting a growth rate (CAGR) of 14.85% during 2024-2032. The growing prevalence of security breaches and cyber threats is stimulating the market.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
| US$ 4.0 Billion |
Market Forecast in 2032
| US$ 13.9 Billion |
Market Growth Rate 2024-2032 | 14.85% |
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Rising Focus on Data Security
Regulatory requirements are becoming stricter, which is compelling organizations to improve their security practices. Moreover, compliance generally involves detailed risk assessments, regular audits, and the adoption of privacy-by-design principles in IoT systems. In April 2024, one of the integrated cellular Internet of Things (IoT) connectivity services providers, Eseye, launched the Hera 200, designed specifically to simplify IoT device connectivity to the cloud and customer systems, ensuring network connections are reliable and that data transfer is secure and resilient. Furthermore, it also provides highly reliable and secure cellular, Wi-Fi, and Ethernet access options to globally deployed IoT devices that rely on single data communications paths. This is expanding the cellular connectivity IoT network security market share.
Growing Adoption of 5G
The shift toward 5G technology is offering lower latency, higher bandwidth, and greater connectivity. As more sectors integrate 5G into their IoT ecosystems, the focus will be on creating resilient security frameworks that can handle the increased volume and complexity of data transmitted. In May 2024, iONLINE Connected Networks, an enterprise private LTE/5G provider supplying IoT connectivity solutions across the globe, introduced FlexiSIM™, an intelligent network switching (eUICC) SIM, in the United States. It is further affordable, adaptable, reliable, and secure. This is positively influencing the cellular connectivity IoT network security market outlook report.
Continuous Technological Advancements
Innovations, including the introduction of edge computing, are bolstering the market. This shift introduces new security challenges, such as ensuring data integrity during transmission and securing edge devices. In June 2024, Crypto Quantique, a provider of quantum-driven security for IoT, and ZARIOT partnered with Kigen to implement quantum-safe hardware root-of-trust for cellular IoT. This is elevating the cellular connectivity IoT network security market outlook.
IMARC Group provides an analysis of the key trends in each segment of the market, along with the cellular connectivity IoT network security market forecast at the global and regional levels for 2024-2032. Our report has categorized the market based on the end use industry.
Breakup by End Use Industry:
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The report has provided a detailed breakup and analysis of the market based on the end use industry. This includes telecom, manufacturing, energy and utilities, healthcare, government, transportation, and others.
In the telecom industry, cellular connectivity IoT network security is essential due to the need for reliable, high-speed networks and the extensive use of connected devices. In the manufacturing sector, IoT devices are used for monitoring, automation, and data collection. The energy and utilities sector relies extensively on IoT for managing and monitoring critical infrastructure, such as power grids and water supply systems. Apart from this, the rising requirement for diagnostics, patient monitoring, and data management is fueling the market in healthcare. Furthermore, government organizations conduct regular security assessments to mitigate risks. In the transportation industry, IoT devices are used for fleet management, vehicle tracking, and infrastructure monitoring. This is escalating the cellular connectivity IoT network security market demand.
Breakup by Region:
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The cellular connectivity IoT network security market research report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
In North America, the region's focus on smart cities, connected vehicles, and advanced manufacturing has heightened the demand for secure IoT networks. In Europe, the market is shaped by stringent data protection regulations, including GDPR. As per the cellular connectivity IoT network security market analysis report, brands, including Trend Micro, offer comprehensive protection through AI-driven threat intelligence and secure cloud services. Furthermore,
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The global embedded security for the Internet of Things (IoT) market is projected to reach $36.19 billion by 2033, expanding at a CAGR of 15.52% from 2025 to 2033. The growing adoption of IoT devices across various industries and the increasing need for data protection and security are driving the market's expansion. Moreover, the rising prevalence of cyber threats and attacks on IoT systems fuels the demand for robust embedded security solutions. The hardware segment held the largest market share in 2025 due to the widespread adoption of secure microcontrollers, microprocessors, and dedicated security chips in IoT devices. The cloud deployment mode segment is anticipated to witness substantial growth in the coming years, driven by the increasing adoption of cloud-based IoT platforms and services. The manufacturing industry is a major end-user of embedded security solutions, owing to the growing need to protect sensitive data and ensure the security of industrial control systems. However, the adoption of embedded security solutions may be hindered by the high implementation and maintenance costs, and the lack of interoperability among different security solutions. Recent developments include: , The Embedded Security for Internet of Things (IoT) market is projected to grow from USD 36.19 billion in 2023 to USD 132.52 billion by 2032, at a CAGR of 15.52% from 2024 to 2032. Rising concerns over data breaches, increasing adoption of IoT devices, and growing demand for secure connectivity are key factors driving market growth. Recent developments include partnerships between major players such as Microsoft and Arm to enhance IoT security, as well as the launch of new products such as Infineon's OPTIGA Trust X security solution. Governments worldwide are also implementing regulations to strengthen IoT security, creating further opportunities for market growth., Embedded Security For Internet Of Things Market Segmentation Insights, Embedded Security For Internet Of Things Market Component Outlook. Key drivers for this market are: Increase in IoT adoption growing need for data protection demand for secure cloud-based solutions rise of smart cities and advancements in AI and machine learning. Potential restraints include: Growing IoT device connectivity Increasing security concerns Advancements in encryption technologies Stringent government regulations Proliferation of cloud-based IoT platforms.
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[170+ Pages Report] The global Internet of Things (IoT) market witnessed a size of USD 310 billion in 2020 and with growth at a CAGR of 24.5% is projected to achieve a value of USD 1,842 billion by 2028.
The global Internet of Things (IoT) market is forecast to be worth around 445.3 billion U.S. dollars in 2025, and rise to more than 934 billion U.S. dollars in 2033, tripling its revenue in ten years. Not only this, but the number of IoT connected devices worldwide is forecast to triple during this span in time. Major verticals and use cases All types of industry verticals and consumer markets use IoT devices, with the retail an wholesale segment accounting for the largest share of the IoT devices market with approximately 28 percent of the total IoT device market in 2023. This share is projected to grow over the next five years to around 38 percent. Smartphones are the most commonly used devices in the IoT consumer internet and media devices segment, acting as connectors between many smart devices. Connected vehicles, payment terminals, smart grid, building automation, CCTV, and security and fire alarms are other IoT use cases where global revenue is projected to reach, and in many cases surpass, the mark of 50 billion U.S. dollars. IoT revenue by region The region with the largest share of the IoT market is China, with North America and Europe coming in at a distant second and third in 2023. Over the next ten years, the market is forecast to lose some footing in the Greater China area, with both North America and Europe closing the gap in terms of revenue revenues.
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The global embedded security for internet of things held US$ 2,525 Million in 2017 and is projected to secure almost US$ 11,125 Million by the end of 2027.
Attribute | Details |
---|---|
Estimated market size of global embedded security for IoT in 2017 | US$ 2,525 Million |
Projected market size of global embedded security for IoT by 2027 | US$ 11,125 Million |
CAGR during 2017 to 2027 | 15.9% |
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The size of the IoT Security Market was valued at USD 2.873 Billion in 2024 and is projected to reach USD 4.40 Billion by 2033, with an expected CAGR of 6.28% during the forecast period. The Internet of Things (IoT) security market is experiencing rapid growth due to the increasing adoption of connected devices across industries such as healthcare, automotive, smart homes, and manufacturing. With the rising number of cyber threats, data breaches, and privacy concerns, organizations are investing heavily in advanced security solutions to safeguard their IoT ecosystems. Key security measures include encryption, network security, endpoint security, and identity access management to protect devices and sensitive data from unauthorized access. Government regulations and compliance standards, such as GDPR and NIST guidelines, are further driving market demand for robust security frameworks. Additionally, advancements in artificial intelligence (AI) and machine learning (ML) are enhancing threat detection and response capabilities. Leading technology providers are focusing on integrating blockchain, cloud security, and zero-trust models to strengthen IoT security infrastructure. However, challenges such as high implementation costs and a lack of skilled professionals remain barriers to widespread adoption. Despite these hurdles, the growing reliance on IoT in critical applications is expected to fuel continuous innovations and investments in security solutions, making it a key area of focus for enterprises and cybersecurity firms globally. Recent developments include: In May 2023, Allot Ltd revealed its partnership with the Eastern European Telecom Group to release cyber security consumer solutions and simplified data protection., September 2023 saw Intel Corporation introduce IoT-optimized processors that improve security, functional safety, and real-time capabilities for edge customers., Last month, International Business Machines (IBM) Corporation unveiled ‘Watsonx Your Business’ as a way of reinforcing how innovative AI solutions can transform businesses., Arm bought Trustonic, an IoT Security Company, at $1.1 billion in January 2023. Trustonic is involved in providing security solutions for various Internet of Things devices such as smartphones, wearables, and connected cars., In February 2023, Cisco purchased Cloudlock, another IOT security company, for $2.6 billion dollars., Microsoft acquired RiskIQ in March 2023, which is an IoT security company that cost $1 billion., Trustwave announced its cloud-based cybersecurity platform in May 2020, serving as the basis for the firm’s managed security services, products, and other cybersecurity offerings. The Trustwave Fusion platform is meant to address enterprise IT needs since it will be integral to operations as they undergo digital transformation while confronting a perpetually changing landscape in terms of threat vectors., Colorado-based Optiv Security Inc. is a private cyber-security solution provider involved with companies that offer them various cyber programs along with managed security services like risk mitigation and integration of technology solutions. The organization has been operational since 2015., Microsoft's latest Patch released in November 2022 addresses half a dozen zero-day vulnerabilities, including one involving the distribution of malware updates through the Mark-of-the-Web (MotW) security feature used by hackers.. Key drivers for this market are: Rising cyber threats and data breaches
Increasing regulatory compliance requirements
Growing demand for connected devices and services
Advancements in IoT technologies and protocols
Collaboration between industry stakeholders. Potential restraints include: Data privacy and security concerns
Lack of interoperability and standardization
Integration complexity with legacy systems
Resource constraints on IoT devices
Skilled cybersecurity professionals shortage. Notable trends are: Biometric and behavioral authentication
Predictive analytics and threat intelligence
Blockchain for secure device and data management
Secure edge computing
Low-power and resource-efficient security solutions.
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The global Internet of Things (IoT) market is experiencing robust growth, driven by increasing connectivity, the proliferation of smart devices, and the expanding adoption of cloud computing and data analytics. The market's expansion is fueled by several key factors, including the rising demand for efficient automation across various sectors – from manufacturing and logistics to healthcare and smart homes. The convergence of technologies like 5G, artificial intelligence (AI), and edge computing is further accelerating IoT adoption, creating opportunities for innovative applications and services. While challenges remain, such as data security concerns and interoperability issues, the overall market trajectory indicates a strong and sustained growth pattern over the forecast period. We estimate the 2025 market size to be around $500 billion, based on typical growth rates observed in emerging technology markets and extrapolating from known data points. A Compound Annual Growth Rate (CAGR) of 15% is a reasonable estimate, projecting a substantial increase in market value by 2033. Significant regional variations exist, with North America and Europe currently holding substantial market shares, but Asia-Pacific is expected to witness the most significant growth due to its large and rapidly developing economies. Segmentation by device type (sensors, actuators, gateways) and application (smart homes, industrial IoT, wearables) reveals diverse market opportunities and evolving technology preferences. The competitive landscape is dynamic, with established technology giants alongside emerging specialized companies vying for market share. The key restraints to growth include concerns surrounding data privacy and security, the high initial investment costs involved in implementing IoT solutions, and the lack of standardization across various IoT platforms and protocols. However, the increasing awareness of security risks is spurring innovations in data protection technologies, mitigating this constraint to some degree. Furthermore, the decreasing cost of hardware and the improvement of connectivity infrastructure are making IoT solutions more accessible to businesses and individuals. The ongoing advancements in AI and machine learning are enhancing the capabilities of IoT systems, enabling more sophisticated data analysis and automation, contributing further to market expansion. Over the next decade, the focus will likely shift towards enhancing the security and reliability of IoT networks, expanding the range of applications, and developing more sophisticated data analytics capabilities.
As of 2024, 260 billion U.S. dollars were spent on the Internet of Things (IoT) technology worldwide. It was a substantial decrease from the last year and overall the lowest result within the document years. Why IoT Security is increasingly becoming a major concern for businesses. In fact, when asked why they were adopting Internet of Things, the majority of European IoT adopters stated that the reason was to improve security. In fact, over 120 billion U.S. dollars were spent on IT security in 2019 worldwide. Reducing operational costs and improving efficiency were also popular motivations for adoption IoT. Funding & spending More and more organizations seem to be investing in IoT and their number amounted to 2,552 thousand organizations in Europe as of May 2020. The funding amounted to over five billion U.S. dollars. Additionally, technology spending into smart city initiatives reached 104 billion U.S. dollars worldwide in 2019.
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IoT Management System Market Size And Forecast
IoT Management System Market size was valued at USD 3565.1 Million in 2024 and is projected to reach USD 37193.35 Million by 2031, growing at a CAGR of 34.06% from 2024 to 2031.
Global Iot Management System Market Drivers
The market drivers for the Iot Management System Market can be influenced by various factors. These may include:
IoT Device Adoption is Growing: As IoT devices keep spreading throughout a variety of sectors, including manufacturing, healthcare, retail, and transportation, efficient management solutions are more and more needed.
The need for connectivity and real-time data analysis: is growing as companies look more and more to Internet of Things devices to gather data instantly for better decision-making. This need feeds the need for reliable IoT management systems that can effectively manage enormous amounts of data.
IoT management systems: enable companies to optimise their operations, lower downtime, and improve overall efficiency. IoT management solution adoption is driven by this emphasis on cost savings and efficiency enhancement.
Technical Developments in Cloud and Edge Computing: IoT device management and processing of the enormous volume of data produced by them are made possible in large part by cloud and edge computing. These technologies’ advancements increase the scalability, flexibility, and economy of IoT administration.
Security and Privacy Issues: Data security and privacy issues have became increasingly prominent with the spread of Internet of Things devices. Strong security features like encryption, authentication, and access control are much sought for in IoT management systems to reduce these dangers.
Government Regulations and Compliance Requirements: Companies are motivated to invest in Internet of Things management solutions that enable them to comply with government regulations and standards pertaining to data privacy, security, and environmental sustainability.
Predictive maintenance and asset tracking are demands: in sectors like manufacturing and transportation where IoT sensors are used. Increasingly sought after are IoT management solutions that can follow assets in real time and analyse data to forecast equipment problems.
The emergence of 5G technology: is necessary to accommodate the increasing number of Internet of Things devices since it allows for quicker and more dependable connection. This promotes the use of Internet of Things management solutions that can improve efficiency and performance by using 5G connection.
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The Internet of Things (IoT) Security market has emerged as a critical component in the rapidly expanding landscape of connected devices, which are transforming industries and everyday life. As businesses and consumers increasingly harness the potential of IoT technologies, ensuring robust security measures becomes
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Global Device Management IoT Market is segmented by component (Solutions (Security Solutions, Data Management, Remote Monitoring), services (Professional Services, Managed Services), Organization Size (Small and Medium-Sized Enterprises (SMEs), Large Enterprises), end-user vertical (Retail, Healthcare, Utilities, Transportation & Logistics, Manufacturing), and geography (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
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The Global Internet of Things in Banking Market is segmented by Type (Solution and Services), Application (Security, Monitoring, Data Management, Customer Experience Management), and Geography. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
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[404 pages Report] The global Internet of Things (IoT) Security Product market is estimated to grow from USD 12 Billion in 2017 to USD 48 Billion by 2027, expanding at a CAGR of 14.9% from 2017 to 2027.
Attribute | Details |
---|---|
The estimated value of the Global Internet of Things (IoT) Security Product Market by 2027 |
USD 48 Billion |
Market Value of Global Internet of Things (IoT) Security Product in 2017 |
USD 12 Billion |
Estimated CAGR from 2017 to 2027 |
14.9% |