The latest report by IMARC Group, titled “IoT Security Market Report by Component (Solutions, Services), Security Type (Network Security, Endpoint Security, Application Security, Cloud Security, and Others), Vertical (Energy and Utilities, Manufacturing, Automotive, Transport, Consumer Electronics, Healthcare, and Others), and Region 2024-2032,” provides an extensive analysis of the IoT security market growth. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
How Big is the IoT Security Market?
The global IoT security market size reached USD 5.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 40.7 Billion by 2032, exhibiting a growth rate (CAGR) of 25.5% during 2024-2032.
Key Players in the IoT Security Industry:
The competitive landscape of the industry has also been examined along with the profiles of the key players being: