Internet of Things (IoT) Security Market Analysis Report 2024 to 2031
Internet of Things (IoT) Security Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 23.45 Billion |
Market Size by 2031 | US$ 106.40 Billion |
Global CAGR (2023 - 2031) | 20.8% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Internet of Things (IoT) Security Market News and Recent Developments
The Internet of Things (IoT) Security market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- In March 2024, - Nozomi Networks Inc., the leader in OT and IoT security, announced it extended its partnership with Yokogawa Electric Corporation to address global demand for managed security services and solutions designed to holistically satisfy the unique OT and IoT cybersecurity requirements of process manufacturers. Yokogawa will offer Nozomi Networks' advanced solutions for OT and IoT visibility, network monitoring, and threat detection to customers worldwide as part of Yokogawa's OpreX Managed Services. Yokogawa will also resell standalone solutions from Nozomi Networks to customers who manage their security programs in-house.
(Source: Nozomi Networks Inc, Press Release, 2024)
Internet of Things (IoT) Security Market Report Coverage and Deliverables
The " Internet of Things (IoT) Security Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope.
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments.
- Detailed company profiles