The number of Internet of Things (IoT) attacks in the world reached over ***** million in December 2022. However, in the same month of 2021, the number of reported IoT attacks dropped to nearly ***********. The highest number of monthly attacks was detected in June 2022, with approximately ** million attacks.

The share of IoT attacks has increased significantly starting 2020. However, in the fourth quarter of 2021, the share of IoT attacks dropped at nine percent, from 19 percent in the same quarter in the previous year.

The IP address listed were the main 12 originators of attacks targeting CVE-2021-35394 from August 2021 to December 2022. Overall, three of these IP addresses originated from the United States, and another three from France. However, the source mentions that attackers could have leveraged proxy servers and VPNs located in the selected countries in order to hide their real location.

From August 2021 to December 2022, there have been 134 million exploit attempts targeting CVE-2021-35394, with 48.3 percent of them originating from the United States, followed by Vietnam and China. However, the source mentions that attackers could have leveraged proxy servers and VPNs located in the selected countries in order to hide their real location.

North America IoT Security Market size was valued at USD 13.8 Billion in 2023 and is projected to reach USD 34.1 Billion by 2031 growing at a CAGR of 12.1% from 2024 to 2031.

Key Market Drivers:

Escalating Cyber Attacks and Data Breaches: According to the FBI's 2023 Internet Crime Report, there were 800,944 cyber-attack complaints in the United States, with losses totaling more than USD 10.3 Billion. Approximately 22% of these events featured IoT-related vulnerabilities, highlighting the crucial need for improved IoT security measures to protect against cyber threats and data breaches.

Growing IoT Device Adoption Across Industries: According to the US Bureau of Labor Statistics, industrial IoT adoption in North American manufacturing increasing by 84% between 2021 and 2023. This spike, with devices per facility increasing from 1,650 to over 3,000, offers new potential security vulnerabilities, necessitating stronger IoT security solutions.

The number of Internet of Things (IoT) attacks in the United States reached over 4.16 millions in October 2020. However, in the same month of 2021, the number of IoT attacks dropped to 2.51 millions.

The number of Internet of Things (IoT) cyber attacks worldwide amounted to over *** million in 2022. Over the recent years, this figure has increased significantly from around ** million detected cases in 2018. In the latest measured year, the year-over-year increase in the number of Internet of Things (IoT) malware incidents was ** percent.

ABSTRACT In this project, we propose a new comprehensive realistic cyber security dataset of IoT and IIoT applications, called Edge-IIoTset, which can be used by machine learning-based intrusion detection systems in two different modes, namely, centralized and federated learning. Specifically, the proposed testbed is organized into seven layers, including, Cloud Computing Layer, Network Functions Virtualization Layer, Blockchain Network Layer, Fog Computing Layer, Software-Defined Networking Layer, Edge Computing Layer, and IoT and IIoT Perception Layer. In each layer, we propose new emerging technologies that satisfy the key requirements of IoT and IIoT applications, such as, ThingsBoard IoT platform, OPNFV platform, Hyperledger Sawtooth, Digital twin, ONOS SDN controller, Mosquitto MQTT brokers, Modbus TCP/IP, ...etc. The IoT data are generated from various IoT devices (more than 10 types) such as Low-cost digital sensors for sensing temperature and humidity, Ultrasonic sensor, Water level detection sensor, pH Sensor Meter, Soil Moisture sensor, Heart Rate Sensor, Flame Sensor, ...etc.). However, we identify and analyze fourteen attacks related to IoT and IIoT connectivity protocols, which are categorized into five threats, including, DoS/DDoS attacks, Information gathering, Man in the middle attacks, Injection attacks, and Malware attacks. In addition, we extract features obtained from different sources, including alerts, system resources, logs, network traffic, and propose new 61 features with high correlations from 1176 found features. After processing and analyzing the proposed realistic cyber security dataset, we provide a primary exploratory data analysis and evaluate the performance of machine learning approaches (i.e., traditional machine learning as well as deep learning) in both centralized and federated learning modes.

Instructions:

Great news! The Edge-IIoT dataset has been featured as a "Document in the top 1% of Web of Science." This indicates that it is ranked within the top 1% of all publications indexed by the Web of Science (WoS) in terms of citations and impact.

Please kindly visit kaggle link for the updates: https://www.kaggle.com/datasets/mohamedamineferrag/edgeiiotset-cyber-sec...

Free use of the Edge-IIoTset dataset for academic research purposes is hereby granted in perpetuity. Use for commercial purposes is allowable after asking the leader author, Dr Mohamed Amine Ferrag, who has asserted his right under the Copyright.

The details of the Edge-IIoT dataset were published in following the paper. For the academic/public use of these datasets, the authors have to cities the following paper:

Mohamed Amine Ferrag, Othmane Friha, Djallel Hamouda, Leandros Maglaras, Helge Janicke, "Edge-IIoTset: A New Comprehensive Realistic Cyber Security Dataset of IoT and IIoT Applications for Centralized and Federated Learning", IEEE Access, April 2022 (IF: 3.37), DOI: 10.1109/ACCESS.2022.3165809

Link to paper : https://ieeexplore.ieee.org/document/9751703

The directories of the Edge-IIoTset dataset include the following:

•File 1 (Normal traffic)

-File 1.1 (Distance): This file includes two documents, namely, Distance.csv and Distance.pcap. The IoT sensor (Ultrasonic sensor) is used to capture the IoT data.

-File 1.2 (Flame_Sensor): This file includes two documents, namely, Flame_Sensor.csv and Flame_Sensor.pcap. The IoT sensor (Flame Sensor) is used to capture the IoT data.

-File 1.3 (Heart_Rate): This file includes two documents, namely, Flame_Sensor.csv and Flame_Sensor.pcap. The IoT sensor (Flame Sensor) is used to capture the IoT data.

-File 1.4 (IR_Receiver): This file includes two documents, namely, IR_Receiver.csv and IR_Receiver.pcap. The IoT sensor (IR (Infrared) Receiver Sensor) is used to capture the IoT data.

-File 1.5 (Modbus): This file includes two documents, namely, Modbus.csv and Modbus.pcap. The IoT sensor (Modbus Sensor) is used to capture the IoT data.

-File 1.6 (phValue): This file includes two documents, namely, phValue.csv and phValue.pcap. The IoT sensor (pH-sensor PH-4502C) is used to capture the IoT data.

-File 1.7 (Soil_Moisture): This file includes two documents, namely, Soil_Moisture.csv and Soil_Moisture.pcap. The IoT sensor (Soil Moisture Sensor v1.2) is used to capture the IoT data.

-File 1.8 (Sound_Sensor): This file includes two documents, namely, Sound_Sensor.csv and Sound_Sensor.pcap. The IoT sensor (LM393 Sound Detection Sensor) is used to capture the IoT data.

-File 1.9 (Temperature_and_Humidity): This file includes two documents, namely, Temperature_and_Humidity.csv and Temperature_and_Humidity.pcap. The IoT sensor (DHT11 Sensor) is used to capture the IoT data.

-File 1.10 (Water_Level): This file includes two documents, namely, Water_Level.csv and Water_Level.pcap. The IoT sensor (Water sensor) is used to capture the IoT data.

•File 2 (Attack traffic):

-File 2.1 (Attack traffic (CSV files)): This file includes 13 documents, namely, Backdoor_attack.csv, DDoS_HTTP_Flood_attack.csv, DDoS_ICMP_Flood_attack.csv, DDoS_TCP_SYN_Flood_attack.csv, DDoS_UDP_Flood_attack.csv, MITM_attack.csv, OS_Fingerprinting_attack.csv, Password_attack.csv, Port_Scanning_attack.csv, Ransomware_attack.csv, SQL_injection_attack.csv, Uploading_attack.csv, Vulnerability_scanner_attack.csv, XSS_attack.csv. Each document is specific for each attack.

-File 2.2 (Attack traffic (PCAP files)): This file includes 13 documents, namely, Backdoor_attack.pcap, DDoS_HTTP_Flood_attack.pcap, DDoS_ICMP_Flood_attack.pcap, DDoS_TCP_SYN_Flood_attack.pcap, DDoS_UDP_Flood_attack.pcap, MITM_attack.pcap, OS_Fingerprinting_attack.pcap, Password_attack.pcap, Port_Scanning_attack.pcap, Ransomware_attack.pcap, SQL_injection_attack.pcap, Uploading_attack.pcap, Vulnerability_scanner_attack.pcap, XSS_attack.pcap. Each document is specific for each attack.

•File 3 (Selected dataset for ML and DL):

-File 3.1 (DNN-EdgeIIoT-dataset): This file contains a selected dataset for the use of evaluating deep learning-based intrusion detection systems.

-File 3.2 (ML-EdgeIIoT-dataset): This file contains a selected dataset for the use of evaluating traditional machine learning-based intrusion detection systems.

Step 1: Downloading The Edge-IIoTset dataset From the Kaggle platform from google.colab import files

!pip install -q kaggle

files.upload()

!mkdir ~/.kaggle

!cp kaggle.json ~/.kaggle/

!chmod 600 ~/.kaggle/kaggle.json

!kaggle datasets download -d mohamedamineferrag/edgeiiotset-cyber-security-dataset-of-iot-iiot -f "Edge-IIoTset dataset/Selected dataset for ML and DL/DNN-EdgeIIoT-dataset.csv"

!unzip DNN-EdgeIIoT-dataset.csv.zip

!rm DNN-EdgeIIoT-dataset.csv.zip

Step 2: Reading the Datasets' CSV file to a Pandas DataFrame: import pandas as pd

import numpy as np

df = pd.read_csv('DNN-EdgeIIoT-dataset.csv', low_memory=False)

Step 3 : Exploring some of the DataFrame's contents: df.head(5)

print(df['Attack_type'].value_counts())

Step 4: Dropping data (Columns, duplicated rows, NAN, Null..): from sklearn.utils import shuffle

drop_columns = ["frame.time", "ip.src_host", "ip.dst_host", "arp.src.proto_ipv4","arp.dst.proto_ipv4",

 "http.file_data","http.request.full_uri","icmp.transmit_timestamp",

 "http.request.uri.query", "tcp.options","tcp.payload","tcp.srcport",

 "tcp.dstport", "udp.port", "mqtt.msg"]

df.drop(drop_columns, axis=1, inplace=True)

df.dropna(axis=0, how='any', inplace=True)

df.drop_duplicates(subset=None, keep="first", inplace=True)

df = shuffle(df)

df.isna().sum()

print(df['Attack_type'].value_counts())

Step 5: Categorical data encoding (Dummy Encoding): import numpy as np

from sklearn.model_selection import train_test_split

from sklearn.preprocessing import StandardScaler

from sklearn import preprocessing

def encode_text_dummy(df, name):

dummies = pd.get_dummies(df[name])

for x in dummies.columns:

dummy_name = f"{name}-{x}"

df[dummy_name] = dummies[x]

df.drop(name, axis=1, inplace=True)

encode_text_dummy(df,'http.request.method')

encode_text_dummy(df,'http.referer')

encode_text_dummy(df,"http.request.version")

encode_text_dummy(df,"dns.qry.name.len")

encode_text_dummy(df,"mqtt.conack.flags")

encode_text_dummy(df,"mqtt.protoname")

encode_text_dummy(df,"mqtt.topic")

Step 6: Creation of the preprocessed dataset df.to_csv('preprocessed_DNN.csv', encoding='utf-8')

For more information about the dataset, please contact the lead author of this project, Dr Mohamed Amine Ferrag, on his email: mohamed.amine.ferrag@gmail.com

More information about Dr. Mohamed Amine Ferrag is available at:

https://www.linkedin.com/in/Mohamed-Amine-Ferrag

https://dblp.uni-trier.de/pid/142/9937.html

https://www.researchgate.net/profile/Mohamed_Amine_Ferrag

https://scholar.google.fr/citations?user=IkPeqxMAAAAJ&hl=fr&oi=ao

https://www.scopus.com/authid/detail.uri?authorId=56115001200

https://publons.com/researcher/1322865/mohamed-amine-ferrag/

https://orcid.org/0000-0002-0632-3172

Last Updated: 27 Mar. 2023

UQ-IOT-IDS-2021 dataset contains benign traffic of IoT devices, including smartphones, smart TV, IP cameras, smart speakers, Raspberry Pis, etc., and malicious traffic from 9 types of cyberattacks, including Host Discovery, Port Scanning, Service Detection, ARP Spoofing, Telnet Brute-force, SYN Flooding, UDP Flooding, HTTP Flooding, and ACK Flooding. The raw data was captured with WireShark in a realistic network environment in the School of Information Technology and Electrical Engineering at the University of Queensland. The raw data was processed by the feature extractor in Kitsune(Mirsky et al., 2018) to extract 100 temporal-statistical features. The raw data is saved in pcap files. The total size of the dataset is 70.8 GB. The total number of records is 41404983. The dataset consists of Benign Samples and Attack Samples. Benign Samples contains 7 files with only normal traffic that mimic IoT devices' normal daily activities for a whole week (5 weekday samples, 1 Saturday sample, and 1 Sunday sample). Attack Samples were captured separately for each device type under each attack type.

The Connected IoT Devices Market is likely to grow to reach USD 11.96 billion by 2033. It is expected to accrue at a massive CAGR of 16.17% during 2023-2033. In this regard, demand is most likely to expand on account of the major adoption of IoT technology in different sectors. Some key drivers of the same include an improved efficiency for operations, customer experience, and data-driven decision-making. The growing trend of smart cities and increasing rollout of 5G are additional factors driving growth for this market. The main demand is being created by smart homes, health care, automotive, industrial automation, and retail sectors where IoT-enabled devices used in these industries are enhancing connectivity and automation. Additionally, smart cities are proliferating with 5G networks that are again propelling the market growth due to real-time data transfer, low-latency communication, etc. However, it would face issues of data security and interoperability issues, among others. Still, developments in AI, edge computing, and cloud-based IoT solutions will open huge opportunities, becoming an important pillar for future digital transformation within several sectors. Recent developments include: April 2024: An industry expert in identity management, fraud prevention, and connected asset services, Somos, Inc., is happy to disclose its collaboration with NetRise, a premier supplier of IoT Software Bill of Materials security analysis. The partnership implies a substantial achievement for SomosID, the company's flagship IoT device registry, as it spearheads efforts to advance transparency and improved security in the IoT device realm. NetRise offers granular visibility into the world's Extended Internet of Things (XIoT) security problem — comprising the modern firmware and software component security challenges of IT, IoT, OT, and other connected cyber-physical systems. The SomosID solution offers enterprises a thorough view of their deployed IoT assets, comprising all the device, application identity, and network attributes, as well as verification of certification of those devices. Somos also maintains comprehensive hardware and software bill of materials information to offer customers a current state of all of their assets. The capability effortlessly incorporates NetRise's IoT device software analysis, including software bills of materials and vulnerability monitoring. It provides a thorough, constant view of an enterprise's IoT security posture and risks across all of its assets. SVP & Chief Technology Officer at Somos, Sri Ramachandran, said that Somos is happy to be able to use NetRise's best-in-class firmware analysis capabilities to fulfill the striking rise in cyber-attacks on IoT devices and the latest compliance requirements posed by the global IoT cybersecurity regulations, including the regulations by the Federal Drug Administration (FDA), the Cyber Resilience Act in Europe and Federal Communications Commission (FCC) in the U.S., June 2023: The Vietnamese IoT market is projected to acquire worth nearly USD 8.5 billion. To attain that target, the nation should apply IoT to measurement devices and means of transport, as per the experts. One report discovered that there are nearly 13 billion IoT devices across the globe, and the compound annual growth rate (CAGR) is 19 percent per annum. Among all these, 2.7 billion IoT connection devices use SIM with a CAGR of around 12 percent. The majority of the world's IoT device market belongs to China. The nation owns more than 10 billion IoT connections, among which 1.84 billion devices use SIM. According to the research, in Vietnam, the IoT market was worth nearly USD 2.5 billion in 2021 and grew by 22.6 percent per year., June 2022: OEMs and skid makers may now remotely evaluate the health and condition of their installed base thanks to Connected OEM, a Honeywell Internet of Things (IoT) service. This technology allows for remote monitoring of compressors, furnaces, pumping stations, analyzer houses, and skids at end-user locations., April 2022: Samsung established a partnership with IoT service provider ABB in order to increase support for home and commercial devices on SmartThings, the company's smart device hub. By collaborating with other companies, Samsung's SmartThings is evolving into a one-stop shop for controlling connected devices.. Key drivers for this market are: Rising demand for connectivity and real-time data Growing awareness of the benefits of IoT solutions Technological advancements in connectivity and data analytics. Potential restraints include: Security concerns and vulnerabilities Interoperability and compatibility issues Cost and complexity of IoT deployments Shortage of skilled professionals. Notable trends are: The integration of IoT devices into home environments is driving market growth. Smart home devices, such as smart speakers, thermostats, and lighting systems, offer convenience, energy efficiency, and enhanced home security. Industrial IoT (IIoT) applications are rapidly expanding, particularly in manufacturing, healthcare, and transportation. IIoT solutions enable real-time monitoring, predictive maintenance, and process optimization, leading to increased efficiency and reduced downtime..

Snapshot img

Cyber Insurance Market Size 2025-2029

The cyber insurance market size is forecast to increase by USD 13.29 billion at a CAGR of 23.2% between 2024 and 2029.

The market is experiencing significant growth driven by the increasing adoption of technology and the resulting heightened risk of cyber attacks. According to recent estimates, the global cybercrime damages are projected to reach USD6 trillion annually by 2021, underscoring the urgent need for cybersecurity measures and insurance coverage. This trend is particularly prominent in regions with advanced digital economies, such as North America and Europe. However, the market's growth trajectory is not without challenges. One of the most pressing issues is the lack of standardization in cyber insurance policies, which can make it difficult for businesses to compare offerings and choose the most appropriate coverage. Additionally, the rapidly evolving threat landscape and the increasing sophistication of cybercriminals necessitate continuous innovation and adaptation from insurers to stay competitive. Companies seeking to capitalize on market opportunities and navigate these challenges effectively should prioritize building strong partnerships with technology providers, investing in advanced threat intelligence and analytics, and offering flexible and customizable policies that cater to the unique needs of their clients. By staying agile and responsive to market demands, cyber insurance providers can differentiate themselves and seize the significant growth potential in this dynamic market.

What will be the Size of the Cyber Insurance Market during the forecast period?

Request Free SampleThe market continues to experience significant growth as businesses increasingly recognize the need to mitigate risks associated with cyber threats. According to recent industry reports, The market is projected to reach substantial size by 2026, driven by the increasing adoption of cloud computing, Internet of Things (IoT), and remote working. Cyber criminals continue to target organizations through various means, including data breaches, internet-based attacks, and IoT malware. Consequently, there is a growing demand for cyber insurance policies that provide coverage against financial losses resulting from these threats. Large enterprises are leading the charge in purchasing cyber insurance, recognizing the potential financial and reputational damage that can result from a cyber attack. IT infrastructure and information policies are critical components of cybersecurity, and cyber insurance can help organizations manage risks in these areas. Virtual private networks (VPNs) and other security measures are also important considerations for businesses seeking to protect their digital assets. Cybersecurity ventures and technology companies, such as SonicWall Cyber Threat Intelligence and SonicWall Capture Labs, play a crucial role in identifying and mitigating cyber threats. Information governance and cybersecurity best practices are essential for businesses to effectively manage their cyber risk and reduce the likelihood of a breach. Overall, the market is expected to remain a dynamic and evolving sector as businesses continue to grapple with the complexities of cybersecurity in an increasingly interconnected world.

How is this Cyber Insurance Industry segmented?

The cyber insurance industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. TypeLarge enterprisesSmall and medium-sized enterprisesSolutionStandalonePackagedGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKAPACChinaIndiaJapanSouth AmericaBrazilMiddle East and Africa

By Type Insights

The large enterprises segment is estimated to witness significant growth during the forecast period.Large enterprises are increasingly vulnerable to cyber threats due to their size, complex IT infrastructure, and valuable data. Cyber insurance has emerged as a crucial risk management tool for these organizations, providing financial protection against data breaches, ransomware attacks, phishing scams, and other cyber incidents. According to Munich Re experts, The market is expected to reach USD20.4 billion by 2027, driven by the growing number of cyber threats and the increasing awareness of the need for risk mitigation. Cyber criminals continue to target large enterprises, exploiting vulnerabilities in cloud computing, Internet of Things (IoT), and Operational Technology (OT) systems. In 2023, SonicWall Cyber Threat Report identified over 10 million IoT malware attacks and 1.5 billion phishing attacks. Cyber ILS, a cyber catastrophe bond, and crypto insurance services have gained popularity as additional layers of protection against cyber risks. Large enterprises are investing in AI-

INFO ABOUT THE BOT-IOT DATASET, NOTE: only the csv files stated in the description are used

The BoT-IoT dataset can be downloaded from HERE. You can also use our new datasets: the TON_IoT and UNSW-NB15.

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The BoT-IoT dataset was created by designing a realistic network environment in the Cyber Range Lab of UNSW Canberra. The network environment incorporated a combination of normal and botnet traffic. The dataset’s source files are provided in different formats, including the original pcap files, the generated argus files and csv files. The files were separated, based on attack category and subcategory, to better assist in labeling process.

The captured pcap files are 69.3 GB in size, with more than 72.000.000 records. The extracted flow traffic, in csv format is 16.7 GB in size. The dataset includes DDoS, DoS, OS and Service Scan, Keylogging and Data exfiltration attacks, with the DDoS and DoS attacks further organized, based on the protocol used.

To ease the handling of the dataset, we extracted 5% of the original dataset via the use of select MySQL queries. The extracted 5%, is comprised of 4 files of approximately 1.07 GB total size, and about 3 million records.

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Free use of the Bot-IoT dataset for academic research purposes is hereby granted in perpetuity. Use for commercial purposes should be agreed by the authors. The authors have asserted their rights under the Copyright. To whom intent the use of the Bot-IoT dataset, the authors have to cite the following papers that has the dataset’s details: .

Koroniotis, Nickolaos, Nour Moustafa, Elena Sitnikova, and Benjamin Turnbull. "Towards the development of realistic botnet dataset in the internet of things for network forensic analytics: Bot-iot dataset." Future Generation Computer Systems 100 (2019): 779-796. Public Access Here.

Koroniotis, Nickolaos, Nour Moustafa, Elena Sitnikova, and Jill Slay. "Towards developing network forensic mechanism for botnet activities in the iot based on machine learning techniques." In International Conference on Mobile Networks and Management, pp. 30-44. Springer, Cham, 2017.

Koroniotis, Nickolaos, Nour Moustafa, and Elena Sitnikova. "A new network forensic framework based on deep learning for Internet of Things networks: A particle deep framework." Future Generation Computer Systems 110 (2020): 91-106.

Koroniotis, Nickolaos, and Nour Moustafa. "Enhancing network forensics with particle swarm and deep learning: The particle deep framework." arXiv preprint arXiv:2005.00722 (2020).

Koroniotis, Nickolaos, Nour Moustafa, Francesco Schiliro, Praveen Gauravaram, and Helge Janicke. "A Holistic Review of Cybersecurity and Reliability Perspectives in Smart Airports." IEEE Access (2020).

Koroniotis, Nickolaos. "Designing an effective network forensic framework for the investigation of botnets in the Internet of Things." PhD diss., The University of New South Wales Australia, 2020.

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According to Cognitive Market Research, the Global IoT Fleet Management Market Size will be USD XX Billion in 2023 and is set to achieve a market size of USD XX Billion by the end of 2031 growing at a CAGR of XX% from 2024 to 2031.

The IoT Fleet Management market will expand significantly by XX% CAGR between 2024 and 2031.
The device management platform accounts for the largest market share and is anticipated to a healthy growth over the approaching years.
Managed services hold the largest market share compared to professional services.
The hybrid cloud deployment model holds the largest market share compared to others.
North-America region dominated the market and accounted for the highest revenue of XX% in 2022 and it is projected that it will grow at a CAGR of XX% in the future.

Factors affecting the growth of the IoT Fleet Management Market

The implementation of IoT in the automotive sector is driving the market growth for fleet management.

The automobile sector is one of the biggest manufacturing industries in the world with an annual production of more than 70 million units. The Internet of Things is a technology that is helping the automobile sector to build a batch of next-generation vehicles. The advent of IoT in the automobile industry has opened new scope levels for carmakers, and buyers across the world. The usage of IoT in the automobile sector at both industrial as well as commercial levels has become a prominent hotspot for variegated multi-purpose applications. From connected cars to automated transport systems, the applications of IoT have made a deep dent in the global automotive market.

The implementation of IoT in the automotive sector has resulted in a huge development in the field of fleet management. Trucks nowadays are integrated with weight measurement, location tracking, and several other sensors. The volume of sensory data collected from a large fleet of such trucks is stored in a cloud application. This data is then organized and processed through the usage of different analytics features and conceptualized into a visual format. The information generated here is easily accessible and studied by the fleet operator to monitor different parameters associated with its fleet. (Source: https://www.biz4intellia.com/blog/iot-applications-in-automotive-industry/#:~:text=Fleet%20Management%3A,tracking%2C%20and%20several%20other%20sensors.)

Data privacy & Security concerns are restraining the market growth of IoT Fleet Management.

The impacts of cybersecurity breaches in fleet management systems can be crucial since they affect the financial and operational aspects of an organization. A cyberattack can lead to stealing valuable intellectual property, customer data, or financial information which will cause a serious loss of money and reputation for the company. A compromised fleet management system can hamper operations, and lead to delays in delivery, deadlines, and dissatisfied customers. It may also lead to accidents, injuries, or death.

The common vulnerabilities in IoT and fleet management systems can include Unauthorized access to vehicle systems which can be a threat to the safety of drivers and passengers, Data breaches which can lead to the disclosure of all sensitive information to hackers, GPS Spoofing & Jamming interfering with the GPS signals and mislead drivers causing inconveniences in route planning as well as compromising the safety of cargo, and also supply chain attacks where hackers target the vulnerability in the supply chain that involves third-party vendors, suppliers, and partners.

For instance, in March 2021, Verkada, a California-based company that provides cloud-based security camera systems to many customers witnessed a massive cyber-attack. The attackers could access private information belonging to the Verkada software clients and access live feeds of over 150,000 cameras mounted in factories, hospitals, schools, prisons, and other sites using legitimate admin account credentials found on the internet. (Source: https://www.itsecurityguru.org/2024/01/26/cybersecurity-risks-in-iot-and-fleet-management-systems/)

Integration of IoT with Emerging technologies like 5G can bring a wide scope of opportunities for the IoT Fleet Management market to grow.

Continuous technological upgradation has aided every sector bringing a new path of operating and conducting activities. Optimizing routes to avoid...

The South Korean cybersecurity market, a dynamic segment within the broader Asia-Pacific region, exhibits robust growth potential. While precise figures for South Korea's market size are unavailable within the provided data, we can make a reasonable estimation based on the global CAGR of 15.01% and regional trends. Considering South Korea's advanced technological infrastructure, strong digital economy, and increasing cybersecurity threats, its market likely represents a significant portion of the Asia-Pacific market. Given the overall global market size of $4.40 billion in 2025 and the significant technological advancements in South Korea, a conservative estimate places the South Korean cybersecurity market at approximately $200 million in 2025. This is further supported by the strong presence of multinational cybersecurity firms like IBM, Cisco, and Check Point operating in the country. Market drivers include rising government regulations concerning data protection, increasing adoption of cloud computing and IoT devices, and the growing sophistication of cyberattacks targeting both businesses and critical infrastructure. The increasing prevalence of ransomware attacks and data breaches are significantly impacting the demand for advanced threat detection and prevention solutions. The market is segmented into solutions (Identity and Access Management, Threat Detection and Response, Security and Vulnerability Management, DDoS Mitigation, Security Information and Event Management), services, and deployment types (cloud and on-premise), mirroring global trends. The key end-user industries include banking, finance, IT and telecommunications, and manufacturing, all highly reliant on robust cybersecurity measures. The forecast period (2025-2033) promises continued expansion, propelled by increasing digitalization across sectors, the development of 5G networks, and the rising adoption of AI and machine learning in cybersecurity. While challenges remain, including skills shortages and the constant evolution of cyber threats, the market's strong fundamentals suggest sustained growth exceeding the global average CAGR. The presence of both international and domestic cybersecurity companies indicates a competitive yet dynamic market, with ongoing innovation in solutions and services tailored to the unique needs of the South Korean market. Future growth is highly dependent on government investment in cybersecurity infrastructure, the establishment of robust cybersecurity standards, and the continued focus on educating the workforce on cybersecurity best practices. This comprehensive report provides a detailed analysis of the South Korea cybersecurity market, covering the period from 2019 to 2033. It offers invaluable insights into market size, growth drivers, challenges, and emerging trends, making it an essential resource for businesses, investors, and policymakers. The report utilizes data from the historical period (2019-2024), the base year (2025), and provides estimations and forecasts for 2025-2033. The market is segmented by product type (Solutions – Identity and Access Management, Threat Detection and Response, Security and Vulnerability Management, DDoS Mitigation, Security Information and Event Management, Other Solutions; Services), deployment (Cloud, On-Premise), and end-user industry (Aerospace and Defense, Banking, Financial Services, and Insurance, Healthcare, Manufacturing, Retail, IT and Telecommunication, Other End-user Industries). The market value is presented in millions of USD. Recent developments include: December 2021 - India and South Korea agreed to strengthen strategic cooperation in cybersecurity, information technology, maritime security, and threats and challenges from terrorism, extremism, and radicalization. The two sides discussed a range of key issues at the third India-Republic of Korea strategic dialogue held in the national capital.. Key drivers for this market are: Rising frequency and sophistication of target-based cybersecurity incidents, Increased adoption of IoT and BYOD trend. Potential restraints include: , Lower Adoption Among the SMEs. Notable trends are: Increasing Cybersecurity incidents is driving the market.

The Italy cybersecurity market, valued at €3.63 billion in 2025, is projected to experience robust growth, driven by increasing digitalization across sectors, rising cyber threats, and stringent data privacy regulations like GDPR. The market's Compound Annual Growth Rate (CAGR) of 9.96% from 2019 to 2024 indicates a significant upward trajectory, suggesting continued expansion through 2033. Key growth drivers include the increasing adoption of cloud computing, the expanding Internet of Things (IoT) ecosystem, and a growing awareness of cybersecurity risks among businesses and consumers. The BFSI (Banking, Financial Services, and Insurance) sector, along with healthcare and government & defense, are expected to be major contributors to market growth due to their reliance on sensitive data and critical infrastructure. The market is segmented by offering (cloud security, data security, IAM, network security, etc.), deployment (cloud, on-premise), and end-user, allowing for targeted strategies by cybersecurity vendors. While challenges such as skills shortages in cybersecurity and the complexity of managing evolving threats remain, the overall market outlook is positive, indicating substantial investment opportunities in innovative solutions. The prominent players in the Italian cybersecurity landscape, including IBM, Cisco, Trend Micro, and others, are continually investing in research and development to provide advanced security solutions tailored to the specific needs of Italian organizations. The competitive landscape is characterized by a mix of established global players and specialized local providers. The on-premise segment might see slower growth compared to the cloud segment due to the increasing adoption of cloud-based services and the associated security solutions. However, a combination of on-premise and cloud solutions is likely to remain the dominant deployment model for many organizations, balancing cost efficiency and security requirements. The focus on regulatory compliance will drive demand for solutions addressing data privacy and security, particularly within sectors with stringent regulatory frameworks. Recent developments include: May 2022: Italy's cyber security authority; Computer Security Incident Response Team (CSIRT) issued a warning to all public and private sector organisations with links to the country to prepare for an increased number of cyber attacks from the pro-Russian hackers. The type of cyberattack the Italian organization refers to is DDoS (distributed denial-of-service), which may not be catastrophic but can still cause damage, financial or otherwise, due to service outages and disruptions., June 2021: Italy announced that it has set up cybersecurity agency ahead of national cloud plan, for fighting cyber attacks, to create a unified cloud infrastructure to increase security for public administration data storage. Italy is among numerous European nations boosting their efforts to counter cyberisks.. Key drivers for this market are: Increasing Demand for Digitalization and Scalable IT Infrastructure, Need to tackle risks from various trends such as third-party vendor risks, the evolution of MSSPs, and adoption of cloud-first strategy. Potential restraints include: Increasing Demand for Digitalization and Scalable IT Infrastructure, Need to tackle risks from various trends such as third-party vendor risks, the evolution of MSSPs, and adoption of cloud-first strategy. Notable trends are: On-Premise deployment segment is expected to register a significant growth in the market.

The size of the Security Operation Center Market was valued at USD 43.68 billion in 2024 and is projected to reach USD 75.84 billion by 2033, with an expected CAGR of 8.2% during the forecast period. The Security Operation Center (SOC) market is experiencing significant growth, driven by the escalating frequency and sophistication of cyber threats. Organizations are increasingly investing in SOCs to enhance their cybersecurity posture and ensure the protection of critical assets. The market is characterized by a diverse range of service providers, including managed security service providers (MSSPs), consulting firms, and technology vendors, each offering specialized solutions tailored to various industry needs. Key drivers of this market expansion include the rising adoption of cloud services, the proliferation of Internet of Things (IoT) devices, and the growing regulatory requirements for data protection. Additionally, the integration of advanced technologies such as artificial intelligence (AI) and machine learning (ML) into SOC operations is enhancing threat detection and response capabilities, making them more proactive and efficient. Geographically, North America holds a substantial share of the SOC market, attributed to the presence of major cybersecurity firms and a high concentration of technology-driven enterprises. However, the Asia-Pacific region is emerging as a significant growth area, with increasing investments in digital transformation and a heightened focus on cybersecurity. The competitive landscape is marked by strategic partnerships, mergers, and acquisitions, as companies strive to expand their service offerings and market reach. Looking ahead, the SOC market is expected to continue its upward trajectory, with an emphasis on innovation and the development of comprehensive, integrated security solutions to address the evolving threat landscape. Recent developments include: June 2021: Secureworks Inc. announced the inclusion of the Secureworks Technology Alliance Partner programme to its Partner Program, which extends the Taegis ecosystem and data integrations to speed threat detection for all Taegis clients. Secureworks Technology Alliance Partners can now create powerful, comprehensive security solutions by integrating their own Taegis connectors., April 2021: Through its partnership with SentinelOne, AT&T Cybersecurity Inc. has created a managed endpoint security service. AT&T Managed Endpoint Security with SentinelOne correlates endpoint threat detection via a single software agent that combines Antivirus, Endpoint Protection, Endpoint Detection and Response, and IoT security tasks. The new solution protects endpoints against ransomware and other intrusions while also detecting extremely advanced threats in an enterprise network or cloud environment., November 2020: Alert Logic has announced its integration with AWS Network Firewall, a new managed solution that simplifies the deployment of critical network protections for Amazon Virtual Private Clouds (Amazon VPCs) on Amazon Web Services (AWS). Support for AWS Network Firewall adds another point of threat insight into customers' IT systems, allowing them to halt high-profile and regular web application attacks., August 2020: Alert Logic has introduced a new layer of its Partner Connect programme, designed specifically for managed service providers (MSPs) to deliver advanced cybersecurity services to their customers. MSPs may optimise unit economics and market penetration at scale by leveraging Alert Logic's best-in-class security solution and unique resources through the industry's first managed detection and response (MDR) partner programme., January 2020: Broadcom, Inc. bought Accenture's Cyber Security Services division from Symantec. The Cyber Security Services portfolio from Symantec comprises threat monitoring and analysis via a network of security operations centres, real-time opponent and industry-specific threat information, and incident response services.. Key drivers for this market are: The increasing number of cyber threats

The rising cost of data breaches

The growing demand for regulatory compliance

The adoption of new technologies, such as AI and ML

The increasing need for organizations to protect their data and systems from cyber attacks. Potential restraints include: The shortage of skilled cybersecurity professionals

The high cost of implementing and maintaining a SOC

The lack of integration between SOCs and other security technologies. Notable trends are: The adoption of AI and ML to automate security tasks

The development of new security analytics tools

The integration of SOCs with other security technologies, such as firewalls and intrusion detection systems.

The Polish cybersecurity market, a segment of a global market valued at $1.52 trillion in 2025 and exhibiting a Compound Annual Growth Rate (CAGR) of 5.85%, presents significant growth opportunities. While precise Polish market figures are unavailable, we can reasonably infer substantial growth based on the global trend and Poland's increasing digitalization and integration into the European Union's digital economy. The market is driven by factors such as increasing cyber threats targeting businesses and individuals, stringent data privacy regulations like GDPR, and the expanding adoption of cloud computing and IoT devices. Key segments within the Polish market likely mirror global trends, with strong demand for cloud security solutions, identity and access management (IAM) systems, and professional cybersecurity services. The on-premise deployment model might still hold a considerable share, particularly amongst large enterprises and government institutions, although cloud adoption is expected to accelerate. Major industries driving demand include banking, finance, healthcare, and IT & telecommunications, reflecting the critical need for data protection and business continuity in these sectors. Challenges include a shortage of skilled cybersecurity professionals and potential budgetary constraints for smaller businesses, which might limit the immediate adoption of sophisticated security measures. Despite data limitations specific to Poland, the growth trajectory is strongly positive. The Polish government's ongoing investments in cybersecurity infrastructure and initiatives aimed at fostering digital literacy suggest a supportive regulatory and economic environment. This favorable context, coupled with increased awareness of cyber risks, is likely to drive substantial growth in the Polish cybersecurity market over the next decade, potentially exceeding the global CAGR, given the rapid development of the Polish digital economy. The presence of both international and domestic players indicates a competitive landscape, offering a range of solutions and services to meet the evolving needs of various organizations. Recent developments include: April 2021 - Clico and IronNet Cybersecurity have announced a distribution partnership in Poland and other Central and Eastern European countries. The IronNet platform is intended to detect and prevent the most advanced and difficult-to-detect cyber attacks faced by organizations in the public and private sectors., April 2022 - TestArmy has signed a strategic partnership with HUB Security for advanced cyber security solutions. This partnership aims to offer HUB Security's Advanced DDoS Simulation Platform, D.Storm. HUB Security will allow customers a higher level of cyber readiness to face current and new cyber threats.. Key drivers for this market are: Rapidly Increasing Cybersecurity Incidents and Regulations Requiring Their Reporting, Growing M2M/IoT Connections Demanding Strengthened Cybersecurity in Enterprises. Potential restraints include: Security and Privacy Issues, Stringent Government Regulations. Notable trends are: Cloud Security Segment Drives the Market Growth.

The South Korean cybersecurity market, a significant component of the global landscape, is experiencing robust growth fueled by increasing digitalization and heightened cyber threats. While precise market size data for South Korea is unavailable in the provided information, we can extrapolate a reasonable estimate based on the global CAGR of 15.01% and regional market trends. Considering South Korea's advanced technological infrastructure and proactive government initiatives in cybersecurity, its market likely represents a substantial portion of the Asia-Pacific region's cybersecurity spending. The market is segmented by product type (solutions like Identity and Access Management, threat detection, and security information and event management, alongside services), deployment (cloud and on-premise), and end-user industry (including banking, finance, healthcare, and telecommunications). The strong presence of global cybersecurity players like IBM, Check Point, and Palo Alto Networks, coupled with a growing number of domestic firms, indicates a competitive yet dynamic market. The high concentration of technology companies and significant government investment in digital infrastructure further drive the demand for sophisticated cybersecurity solutions and services. Growth is driven by increasing concerns regarding data breaches, ransomware attacks, and the rising sophistication of cybercrime. Government regulations mandating stronger cybersecurity measures across various sectors are also contributing to market expansion. However, challenges remain, including the skills gap in cybersecurity professionals and the cost associated with implementing advanced security solutions. Future growth will likely be shaped by the adoption of advanced technologies such as artificial intelligence (AI) and machine learning (ML) in cybersecurity solutions, the increasing importance of cloud security, and the ongoing need for robust data protection regulations. The South Korean market is expected to maintain a high growth trajectory, driven by a constant need for enhanced security measures in a rapidly evolving digital environment. Recent developments include: December 2021 - India and South Korea agreed to strengthen strategic cooperation in cybersecurity, information technology, maritime security, and threats and challenges from terrorism, extremism, and radicalization. The two sides discussed a range of key issues at the third India-Republic of Korea strategic dialogue held in the national capital.. Key drivers for this market are: Rising frequency and sophistication of target-based cybersecurity incidents, Increased adoption of IoT and BYOD trend. Potential restraints include: Rising frequency and sophistication of target-based cybersecurity incidents, Increased adoption of IoT and BYOD trend. Notable trends are: Increasing Cybersecurity incidents is driving the market.

The number of Internet of Things (IoT) devices worldwide is forecast to more than double from 19.8 billion in 2025 to more than 40.6 billion IoT devices by 2034. In 2034, the highest number of IoT devices will be found in China, with around 7.51 billion consumer devices. IoT devices are used in all types of industry verticals and consumer markets, with the consumer segment accounting for around 60 percent of all IoT or connected devices in 2025. This share is projected to stay at this level over the next ten years. Major verticals and use cases Major industry verticals with currently more than 100 million connected IoT devices are electricity, gas, steam & A/C, water supply & waste management, retail & wholesale, transportation & storage, and government. Overall, the number of IoT devices across all industry verticals is forecast to grow to more than eight billion by 2033. Major use-cases The most important use case for IoT devices in the consumer segment are consumer internet & media devices such as smartphones, where the number of IoT devices is forecast to grow to more than 17 billion by 2033. Other use cases with more than one billion IoT devices by 2033 are connected (autonomous) vehicles, IT infrastructure, asset tracking & monitoring, and smart grid.

The Mexico cybersecurity market, valued at $2.51 billion in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 11.59% from 2025 to 2033. This significant expansion is driven by several key factors. Increasing digitalization across various sectors, particularly BFSI (Banking, Financial Services, and Insurance), healthcare, and government, necessitates robust cybersecurity measures to protect sensitive data and critical infrastructure. The rising frequency and sophistication of cyberattacks, coupled with increasingly stringent data privacy regulations, are further fueling market demand. The market is segmented by product type (solutions such as application security, cloud security, and data security, and services like professional and managed services), deployment (on-premise and cloud), and end-user industry. The cloud-based segment is anticipated to witness the fastest growth due to its scalability and cost-effectiveness. Furthermore, the growing adoption of advanced technologies like artificial intelligence (AI) and machine learning (ML) in cybersecurity solutions is contributing to market expansion. Companies like Framework Security, Inflection Point, and Scitum are key players contributing to the market’s dynamism. The projected growth trajectory suggests a substantial increase in market value by 2033. While specific regional breakdowns within Mexico are not provided, the overall market growth is likely influenced by economic development and government initiatives promoting digital infrastructure and cybersecurity awareness. The sustained growth will depend on factors such as the continuous improvement of cybersecurity infrastructure, the effectiveness of government regulations in driving adoption, and the continued rise of sophisticated cyber threats. The presence of numerous companies within the Mexican cybersecurity market indicates a competitive landscape fostering innovation and driving further market expansion. This robust growth underscores the increasing importance of cybersecurity as a critical component of Mexico’s evolving digital economy. Recent developments include: October 2021 - Telefónica Tech and CyberArk teamed up to deliver an expanded portfolio of SaaS-based cybersecurity solutions that prioritize a security-first approach to protecting against identity-driven risk. Additionally, the customers will benefit from being able to secure access for all human and machine identities without sacrificing business agility. The services are offered in Latin American countries like Mexico, Peru, Brazil, etc., May 2022: GigNet Mexico, a digital infrastructure company that provides regional fiber optic broadband networks, launched several new products to help protect hospitality and corporate customers from financial loss through cybercrime, ransomware, and other malicious attacks. With the average cost of cyberattacks to businesses potentially reaching millions of dollars, GigNet's new cybersecurity products are touted as tools for cyber risk prevention, planning, and early detection.. Key drivers for this market are: Rapidly Increasing Cybersecurity Incidents and Regulations Requiring Their Reporting, Growing M2M/IoT Connections Demanding Strengthened Cybersecurity in Enterprises. Potential restraints include: Rapidly Increasing Cybersecurity Incidents and Regulations Requiring Their Reporting, Growing M2M/IoT Connections Demanding Strengthened Cybersecurity in Enterprises. Notable trends are: Cloud Deployment is Expected to Drive the Market.