HOME Top Market Reports Internet of Things (IoT) Security Market by Technologies (Network, Cloud and Application Security, Identity Access Management, Analytics, UTM, IDS/IPS, Device Management, Encryption), Industry Verticals and Applications - Global Forecast to 2020

Internet of Things (IoT) Security Market by Technologies (Network, Cloud and Application Security, Identity Access Management, Analytics, UTM, IDS/IPS, Device Management, Encryption), Industry Verticals and Applications - Global Forecast to 2020

By: marketsandmarkets.com
Publishing Date: August 2015
Report Code: TC 3636

 

  Speak to Analyst Enquiry Before Buying  
purchase report
download pdf  request for customisation


The integration of Internet of Things (IoT) has provided the control of different connected devices into a single smart device such as smartphones, PCs, and tablets and at the same time it has provided the opportunity to infiltrate the entire infrastructure by hacking the controlling device. Therefore, IoT security has become essential for the organizations, governments, utilities, and individuals for protection of data and infrastructure and is gaining traction in day to day deployment.

IoT security market is driven due to rising security concerns in the critical infrastructures and strict government regulations and is expected to grow from USD 6.89 Billion in 2015 to USD 28.90 Billion by 2020. North America is expected to lead the market in terms of market size during the forecast period. APAC is expected to witness growth at the highest CAGR during the forecast period. Among the verticals, healthcare is expected to grow at the highest rate due to increasing use of medical wearables.

The IoT security market report will help the market leaders or new entrants in this market in better understanding of the competitors and gain more insights to better one’s position in business. There is a separate section on competitive landscape, which includes competitor ecosystem, mergers and acquisitions, VC funding, partnerships, and agreements. Besides, there are company profiles of ten players in this market. In this section, market internals have been provided that can put one ahead of the competitors.

Scope of the Report

The research report categorizes the IoT security market to forecast the market size and analyse the trends in each of the following sub-markets:

On the basis of types:

  • Network Security
  • Endpoint Security
  • Application Security
  • Content Security
  • Cloud Security

On the basis of applications:

  • Wearables
  • Building & Home Automation
  • Supply Chain Management
  • Patient Information Management
  • Energy & Utilities Management
  • Customer Information Security
  • Asset Optimization
  • Manufacturing Process Management
  • Communication Technology Management
  • Telematics
  • Others

On the basis of solutions:

  • Identity and Access Management (IAM)
  • Analytics
  • Encryption
  • Unified Threat Management (UTM)
  • Data Loss Protection (DLP)
  • Intrusion Detection/Prevention System (IDS/IPS)
  • Distributed Denial of Service (DDoS) Protection
  • Security & Vulnerability
  • Device Management
  • Others

On the basis of services:

  • Consulting Services
  • Managed Services
  • Risk Assessment
  • Support & Maintenance

On the basis of verticals:

  • BFSI
  • Retail
  • Manufacturing
  • Healthcare
  • Transportation & Logistics
  • Government & Defence
  • Energy & Utilities
  • Telecom & IT
  • Others

On the basis of regions:

  • North America
  • Europe
  • Middle East and Africa (MEA)
  • Asia-Pacific APAC)
  • Latin America

Customer Interested in this report can also view

Retail IoT Market by Component (Hardware and Software), Hardware (Gateways, RFID, Sensors), Service (Remote device management, Managed service, and Professional service), Technology, Region - Global Forecast to 2020

Connected Logistics Market by Internet of Things (IoT) Technologies in Fleet Management, Warehouse and Inventory Management, by Connectivity Technologies (Zigbee, Wi-Fi, Satellite), by Devices, Transportation Mode, Services - Global Forecast to 2020

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Report
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered in the Report
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Introduction
           2.1.1 Secondary Data
                      2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                      2.1.2.1 Key Data From Primary Sources
                      2.1.2.2 Key Industry Insights
                      2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions and Limitations

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 30)
    4.1 Attractive Market Opportunities in the IoT Security Market
    4.2 IoT Security Overall Market 2015 vs. 2020
    4.3 Market, By Type, 2015-2020
    4.4 Market, Regions vs. Services, 2015–2020
    4.5 Lifecycle Analysis, By Region
    4.6 Market Investment Scenario
    4.7 Regional Adoption Scenario: IoT Security

5 IoT Security Market Overview (Page No. - 36)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 By Type
           5.2.2 By Application
           5.2.3 By Solution
           5.2.4 By Service
           5.2.5 By Vertical
           5.2.6 By Region
    5.3 Market Dynamics
           5.3.1 Drivers
                      5.3.1.1 Growing Security Concerns for Critical Infrastructure
                      5.3.1.2 Need to Adhere to Regulatory Compliances
                      5.3.1.3 Growth of Social Media
                      5.3.1.4 Diversified IoT Reach
           5.3.2 Restraints
                      5.3.2.1 Lack of Technical Knowhow About Non-Traditional Infrastructure
                      5.3.2.2 Lack of Awareness About Internal Threats
           5.3.3 Opportunities
                      5.3.3.1 Benefits of Cloud Security
                      5.3.3.2 Need for Integrated Security Solutions
           5.3.4 Challenges
                      5.3.4.1 Low Budget and Strategic Implications

6 IoT Security Market: Industry Trends (Page No. - 45)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Analysis
           6.3.1 Threat of New Entrants
           6.3.2 Threat of Substitutes
           6.3.3 Bargaining Power of Suppliers
           6.3.4 Bargaining Power of Buyers
           6.3.5 Intensity of Rivalry
    6.4 Strategic Benchmarking

7 IoT Security Market Analysis, By Type (Page No. - 49)
    7.1 Introduction
    7.2 Network Security
    7.3 Endpoint Security
    7.4 Application Security
    7.5 Content Security
    7.6 Cloud Security

8 IoT Security Market Analysis, By Application (Page No. - 55)
    8.1 Introduction
    8.2 Wearables
    8.3 Building and Home Automation
    8.4 Supply Chain Management
    8.5 Patient Information Management
    8.6 Energy and Utilities Management
    8.7 Customer Information Security
    8.8 Asset Optimization
    8.9 Manufacturing Process Management
    8.10 Communication Technology Management
    8.11 Telematics
    8.12 Others

9 IoT Security Market Analysis, By Solution (Page No. - 67)
    9.1 Introduction
    9.2 Identity Access Management
    9.3 Analytics
    9.4 Encryption
    9.5 Unified Threat Management
    9.6 Data Loss Protection
    9.7 Intrusion Detection/Prevention System
    9.8 Distributed Denial of Service Protection
    9.9 Security and Vulnerability Management
    9.10 Device Management
    9.11 Others

10 IoT Security Market Analysis, By Service (Page No. - 80)
     10.1 Introduction
     10.2 Consulting Services
     10.3 Managed Services
     10.4 Risk Assessment Services
     10.5 Support and Maintenance Services

11 IoT Security Market Analysis, By Vertical (Page No. - 86)
     11.1 Introduction
     11.2 Banking, Financial Services and Insurance (BFSI)
     11.3 Retail
     11.4 Manufacturing
     11.5 Healthcare
     11.6 Transportation and Logistics
     11.7 Government and Defense
     11.8 Energy and Utilities
     11.9 Telecom and IT
     11.10 Others

12 Geographic Analysis (Page No. - 97)
     12.1 Introduction
     12.2 North America
     12.3 Europe
     12.4 Asia-Pacific
     12.5 Middle East and Africa
     12.6 Latin America

13 Competitive Landscape (Page No. - 120)
     13.1 Overview
     13.2 Competitive Situation and Trends
             13.2.1 New Product Launches
             13.2.2 Partnerships and Collaborations
             13.2.3 Mergers and Acquisitions
             13.2.4 Agreements and Expansions
             13.2.5 Venture Capital (VC) Funding

14 Company Profiles (Page No. - 130)
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
     14.1 Introduction
     14.2 Cisco Systems, Inc.
     14.3 IBM Corporation
     14.4 Infineon Technologies AG
     14.5 Intel Corporation
     14.6 Symantec Corporation
     14.7 Check Point Software Technologies Ltd.
     14.8 Freescale Semiconductor Ltd.
     14.9 Inside Secure SA
     14.10 Trend Micro, Inc.
     14.11 Wurldtech Security Technologies, Inc.

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

15 Appendix (Page No. - 160)
     15.1 Insight of Industry Experts
     15.2 Discussion Guide
     15.3 Introducing RT: Real-Time Market Intelligence
     15.4 Available Customizations
     15.5 Related Reports


List of Tables (83 Tables)

Table 1 IoT Security Components Market Size and Growth,2014–2020 (USD Million, Y-O-Y %)
Table 2 IoT Security Market Size, By Type, 2014–2020 (USD Million)
Table 3 Network Security: Market Size, By Region,2014–2020 (USD Million)
Table 4 Endpoint Security: Market Size, By Region,2014–2020 (USD Million)
Table 5 Application Security: Market Size, By Region,2014–2020 (USD Million)
Table 6 Content Security: Market Size, By Region,2014–2020 (USD Million)
Table 7 Content Security: Market Size, By Region,2014–2020 (USD Million)
Table 8 IoT Security Market Size, By Application, 2014–2020 (USD Million)
Table 9 Wearable: Market Size, By Region, 2014–2020 (USD Million)
Table 10 Building and Home Automation: Market Size, By Region, 2014–2020 (USD Million)
Table 11 Supply Chain Management: Market Size, By Region,2014–2020 (USD Million)
Table 12 Patient Information Management: Market Size, By Region, 2014–2020 (USD Million)
Table 13 Energy and Utilities Management: Market Size, By Region, 2014–2020 (USD Million)
Table 14 Customer Information Security: Market Size, By Region, 2014–2020 (USD Million)
Table 15 Asset Optimization:Market Size, By Region,2014–2020 (USD Million)
Table 16 Manufacturing Process Management:Market Size, By Region, 2014–2020 (USD Million)
Table 17 Communication Technology Management: Market Size, By Region, 2014–2020 (USD Million)
Table 18 Telematics: Market Size, By Region, 2014–2020 (USD Million)
Table 19 Others: Market Size, By Region, 2014–2020 (USD Million)
Table 20 IoT Security Market Size, By Solution, 2014–2020 (USD Million)
Table 21 IoT Security Solution Market Size, By Region, 2014–2020 (USD Million)
Table 22 Identity Access Management: Market Size, By Region,2014–2020 (USD Million)
Table 23 Analytics: IoT Security Market Size, By Region, 2014–2020 (USD Million)
Table 24 Encryption: Market Size, By Region, 2014–2020 (USD Million)
Table 25 Unified Threat Management: Market Size, By Region,2014–2020 (USD Million)
Table 26 Data Loss Protection: Market Size, By Region,2014–2020 (USD Million)
Table 27 IDS/IPS: IoT Security Market Size, By Region, 2014–2020 (USD Million)
Table 28 Distributed Denial of Service Protection: Market Size, By Region, 2014–2020 (USD Million)
Table 29 Security and Vulnerability Management: Market Size, By Region, 2014–2020 (USD Million)
Table 30 Device Management: Market Size, By Region,2014–2020 (USD Million)
Table 31 Others: Market Size, By Region, 2014–2020 (USD Million)
Table 32 IoT Security Market Size, By Service, 2014-2020 (USD Million)
Table 33 IoT Security Services Market Size, By Region, 2014–2020 (USD Million)
Table 34 Consulting Services: Market Size, By Region,2014–2020 (USD Million)
Table 35 Managed Services: Market Size, By Region,2014–2020 (USD Million)
Table 36 Risk Assessment: Market Size, By Region,2014–2020 (USD Million)
Table 37 Support and Maintenance: Market Size, By Region,2014–2020 (USD Million)
Table 38 IoT Security Market Size, By Vertical, 2014-2020 (USD Million)
Table 39 Banking, Financial Services and Insurance: Market Size, By Region, 2014–2020 (USD Million)
Table 40 Retail: Market Size, By Region, 2014–2020 (USD Million)
Table 41 Manufacturing: Market Size, By Region,2014–2020 (USD Million)
Table 42 Healthcare: IoT Security Market Size, By Region, 2014–2020 (USD Million)
Table 43 Transportation and Logistics: Market Size, By Region,2014–2020 (USD Million)
Table 44 Government and Defense: Market Size, By Region,2014–2020 (USD Million)
Table 45 Energy and Utilities: Market Size, By Region,2014–2020 (USD Million)
Table 46 Telecom and IT: Market Size, By Region,2014–2020 (USD Million)
Table 47 Others: Market Size, By Region, 2014–2020 (USD Million)
Table 48 IoT Security Market Size, By Region, 2014–2020 (USD Million)
Table 49 North America: Market Size, By Component,2014–2020 (USD Million)
Table 50 North America: Market Size, By Solution,2014–2020 (USD Million)
Table 51 North America: Market Size, By Service,2014–2020 (USD Million)
Table 52 North America: Market Size, By Application,2014–2020 (USD Million)
Table 53 North America: Market Size, By Type, 2014–2020 (USD Million)
Table 54 North America: Market Size, By Vertical,2014–2020 (USD Million)
Table 55 Europe: IoT Security Market Size, By Component, 2014–2020 (USD Million)
Table 56 Europe: Market Size, By Solution, 2014–2020 (USD Million)
Table 57 Europe: Market Size, By Service, 2014–2020 (USD Million)
Table 58 Europe: Market Size, By Application, 2014–2020 (USD Million)
Table 59 Europe: Market Size, By Type, 2014–2020 (USD Million)
Table 60 Europe: Market Size, By Vertical, 2014–2020 (USD Million)
Table 61 Asia-Pacific: IoT Security Market Size, By Component,2014–2020 (USD Million)
Table 62 Asia-Pacific: Market Size, By Solution,2014–2020 (USD Million)
Table 63 Asia-Pacific: Market Size, By Service, 2014–2020 (USD Million)
Table 64 Asia-Pacific: Market Size, By Application,2014–2020 (USD Million)
Table 65 Asia-Pacific: Market Size, By Type, 2014–2020 (USD Million)
Table 66 Asia-Pacific: Market Size, By Vertical,2014–2020 (USD Million)
Table 67 Middle East and Africa: IoT Security Market Size, By Component,2014–2020 (USD Million)
Table 68 Middle East and Africa: Market Size, By Solution,2014–2020 (USD Million)
Table 69 Middle East and Africa: Market Size, By Service,2014–2020 (USD Million)
Table 70 Middle East and Africa: Market Size, By Application,2014–2020 (USD Million)
Table 71 Middle East and Africa: Market Size, By Type,2014–2020 (USD Million)
Table 72 Middle East and Africa: Market Size, By Vertical,2014–2020 (USD Million)
Table 73 Latin America: IoT Security Market Size, By Component,2014–2020 (USD Million)
Table 74 Latin America: Market Size, By Solution,2014–2020 (USD Million)
Table 75 Latin America: Market Size, By Service,2014–2020 (USD Million)
Table 76 Latin America: Market Size, By Application,2014–2020 (USD Million)
Table 77 Latin America: Market Size, By Type, 2014–2020 (USD Million)
Table 78 Latin America: Market Size, By Vertical,2014–2020 (USD Million)
Table 79 New Product Launches, 2013–2015
Table 80 Partnerships and Collaborations, 2013 – 2015
Table 81 Mergers and Acquisitions, 2013–2015
Table 82 Agreements and Expansions, 2013–2015
Table 83 Venture Capital Funding, 2013–2015
 
 
List of Figures (51 Figures)
 
Figure 1 Global IoT Security Market: Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Market Breakdown and Data Triangulation
Figure 5 Assumptions
Figure 6 Limitations
Figure 7 IoT Security Market Expected to Witness A High Y-O-Y Growth During 2015–2020
Figure 8 Top Three Segments for the Market in 2015–2020
Figure 9 North America is Expected to Hold the Largest Market Share in 2015
Figure 10 Regulatory Compliance is Driving the Market Towards Growth
Figure 11 Asia-Pacific is Expected to Witness the Highest Growth Rate During the Forecast Period
Figure 12 Cloud Security Market to Grow at the Highest Rate in the IoT Security Market
Figure 13 Information Management is Leading the IoT Security Service Market in Terms of Market Share in 2015
Figure 14 Market Segmentation: By Type
Figure 15 Market Segmentation: By Application
Figure 16 Market Segmentation: By Solution
Figure 17 Market Segmentation: By Service
Figure 18 Market Segmentation: By Vertical
Figure 19 Market Segmentation: By Region
Figure 20 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 21 IoT Security: Value Chain Analysis
Figure 22 IoT Security Market: Porter’s Five Forces Analysis
Figure 23 Companies Adopt Different Strategies to Gain Competitive Advantage
Figure 24 Majority of the Market is Expected to Be Dominated By Network Security During the Forecast Period
Figure 25 Customer Information Security Holds the Maximum Opportunity for Growth During the Forecast Period
Figure 26 North America is Expected to Lead the IoT Security Solutions Market in Terms of Market Size During the Forecast Period
Figure 27 Majority of the Market is Expected to Be Dominated By North America During the Forecast Period
Figure 28 Majority of the Market is Expected to Be Dominated By BFSI During the Forecast Period
Figure 29 Asia-Pacific: an Attractive Destination for the IoT Security Market,2015–2020
Figure 30 Asia-Pacific has the Highest Growth Rate From 2015 to 2020
Figure 31 Regional Snapshot: Asia-Pacific as A Hotspot During the Period2015–2020
Figure 32 North America Market: Snapshot
Figure 33 Asia-Pacific Market: Snapshot
Figure 34 Companies Adopted New Product Launches and Enhancements as the Key Growth Strategy During the Period 2013-2015
Figure 35 Area-Chart Showing Historical Compound Annual Growth Rate of Top 5 Players
Figure 36 Market Evaluation Framework
Figure 37 Battle for Market Share: New Product Launch and Agreements and Expansion Was the Key Strategy
Figure 38 Cisco: Company Snapshot
Figure 39 Cisco: SWOT Analysis
Figure 40 IBM: Company Snapshot
Figure 41 IBM: SWOT Analysis
Figure 42 Infineon Technologies: Company Snapshot
Figure 43 Infineon Technologies: SWOT Analysis
Figure 44 Intel Corporation: Company Snapshot
Figure 45 Intel Corporation: SWOT Analysis
Figure 46 Symantec Corporation: Company Snapshot
Figure 47 Symantec Corporation: SWOT Analysis
Figure 48 Checkpoint Software Technologies Ltd.: Company Snapshot
Figure 49 Freescale Semiconductor: Company Snapshot
Figure 50 Inside Secure: Company Snapshot
Figure 51 Trend Micro, Inc.: Company Snapshot

Security has always been a primary concern for everyone, be it individuals, small and medium businesses (SMBs), enterprises, or governments. With the technological advancement and increasing application of networking, the concern for security has become a global phenomenon and its intensity is increasing every day. Prior to the emergence of IoT, the adverse effect of threats was limited to theft of money and intellectual properties. Now, the effect can lead to loss of human life, hacking of critical infrastructures like electricity and nuclear power grids, organizational productivity, and even national intelligence.

Initially, the connection of devices took place between PCs and then threats and cyber attacks such as viruses and malwares showed their presence and effects. To minimize the damages caused due to such attacks and ensure proper security to prevent future attacks, cyber security solutions such as anti-viruses and anti-malwares were designed. Similarly, diversified networking led to the evolution of IoT and to secure the IoT, cyber security vendors modified their solutions to ensure security in IoT. The solutions such as intrusion detection and prevention systems, encryption, and access management are the major solutions securing IoT.

Most of the economies are struggling with daily reported threats. Some of the major threats included an attack on the U.S. based retailing giant Target, where the credit card information of the customers were stolen and led to a loss of USD 162 million. Also, due to mandatory government regulations throughout Europe and North America regarding the security standards of data protection, investment towards IoT security in the region has been augmented. This has acted as a major driving force for the IoT security market. Additionally, the growth of social media and diverse reach of IoT has also contributed towards the growth of market. However, the lack of awareness regarding security and complexity of security infrastructure are holding the growth of the market. Nevertheless, cloud-based security solutions, which require very nominal capital expenditure is expected to gain major traction in the near future due to its cost effectiveness.

The IoT security market report has been segmented on the basis of types, applications, solutions, services, verticals, and regions. IoT security by type includes different layers of security such as network security, endpoint security, application security, content security, and cloud security. IoT security solutions consist of IAM, analytics, encryption, UTM, DLP, IDS/IPS, DDoS protection, security & vulnerability, device management, and others. Services include consulting services, managed services, risk assessment, and support & maintenance services.

The report also contains the profiling and competitive landscape of the major technology vendors. Some of the major technology vendors include Cisco Systems, Inc., IBM Corporation, Infineon Technologies, Intel Corporation, and Symantec Corporation. The companies are taking different measures such as mergers & acquisitions, partnerships & collaborations, and product development to increase their share in the market. These activities have also been tracked and mentioned in the report. The IoT security market is expected to grow from USD 6.89 Billion in 2015 to USD 28.90 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 33.2% from 2015 to 2020.

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports