World IoT Security Market to Post 35% CAGR through 2022, Predicts TechSci Research in Its New Publication Available at MarketPublishers.com18 Dec 2017 • by Natalie Aster
LONDON – Globally, the IoT security sector is projected to gather momentum registering a 35% CAGR through to 2022, due to the soaring number of connected devices in the IoT universe and governments and enterprises’ surging awareness concerning cyber attacks. The hike in the adoption of IoT security solutions in the IoT universe, which includes smart home and connected devices, smart city and business, smart vehicles, amid others, is likely to give a boost to the demand for IoT security solutions from pole to pole through to 2022.
The key trends in the marketplace includes the expanding number of IoT devices, the rise of encryption, increasing awareness, emerging IoT-specific security products, penetration of AI into security, growing security education, amid others.
Cisco Systems, AT&T, Karamba Security, Palo Alto Networks, Fortinet, Symantec Corporation, Gemalto NV, TrustWave Holdings, Bitdefender, CyberX, Mocana Corporation, and Trend Micro, amid others, are some of the prominent players in the IoT security universe.
New cutting-edge report “Global IoT Security Market” drawn up by TechSci Research is aimed at giving an unbiased, all-encompassing analysis of the market from a global perspective.
The research report provides market size (by value) estimates plus forecasts, market share analysis by key segments and forecasts. It offers an assessment of the market attractiveness. It presents a thorough market assessment based on type, solution, end-use application, ad by region. The publication gives insights into the current trends and developments, identifies and examines key market drivers and hindrances. It presents valuable information on the major companies active in the market and evaluates the overall competitive environment, includes detailed profiles of the top 20 market participants. The report speculates on the projected growth of the industry in the next 5 years.
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