IoT refers to the communication between connected devices within a network. Data is transmitted between smart devices, such as thermostats and sensors, which are further connected to the user’s mobile devices. The interconnection of embedded hardware devices, communication services, software, and IT services makes the operations of IoT devices efficient. It helps in remote monitoring and management of numerous interconnected devices. IoT also enables the creation of smart homes, smart shopping, smart transportation, and smart healthcare.
Technavio’s analysts forecast the global IoT security market to grow at a CAGR of 47.91% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global IoT security market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of network security solutions, including hardware, software, and services (including managed services).
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global IoT Security Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors - Cypress - Digi International - Ericsson - Eurotech - Fortinet - Gemalto - Kore Wireless - NetComm Wireless - Nokia - Numerex - Palo Alto Networks - PTC (Axeda) - Rockwell Automation - Secure Crossing - Sierra Wireless - Sophos - Systech Solutions - Telit - Tofino - Ventus Wireless
Market driver - Proliferation of connected devices and high data generation resulting in exploitation of data security gaps - For a full, detailed list, view our report
Market challenge - Need for high investment in IoT security infrastructure - For a full, detailed list, view our report
Market trend - Shift toward multifactor authentication - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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628 pages •
By Mind Commerce Publishing
• Aug 2018
Overview: IoT technologies are anticipated to make a substantial impact upon physical infrastructure, cities, and buildings. Improving the operational effectiveness and efficiency, safeguarding assets, and establishing new value-added services are the fundamental goals of establishing Smart Infrastructure, Smart Cities,...