About IoT Security

IoT is the communication between connected devices within a network. Data transmission takes place between smart devices, such as thermostats and sensors, which can be further connected to an individual’s mobile devices. IoT works efficiently due to the interconnection between embedded hardware devices, communication services, software, and IT services. It helps in efficient 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 55.01% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global IoT security market for the period 2016-2020. To calculate the market size, the report considers the revenues generated from the sales of network security solutions including hardware, software, and services (including managed services) provided by vendors.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global IoT Security Market 2016-2020, 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.

Key vendors
• Cisco Systems
• Infineon Technologies
• Intel
• GE (Wurldtech Security Technologies)
• Symantec

Other prominent vendors
• Axeda Machine Cloud
• Broadcom
• Digi International
• Ericsson
• Eurotech
• Fortinet
• Gemalto
• IBM
• Kore Wireless
• NetComm Wireless
• Nokia
• Numerex
• Palo Alto Networks
• Rockwell Automation
• Secure Crossing
• Sierra Wireless
• Sophos
• Systech Solutions
• Telit
• Tofino
• Ventus Wireless

Market driver
• Need to comply with stringent regulations
• For a full, detailed list, view our report

Market challenge
• High total cost of ownership (TCO) of IoT security solutions
• For a full, detailed list, view our report

Market trend
• Emergence of integrated security solutions
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 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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