IoT Security Market for Utilities, Automotive, Healthcare and Other End-users: Global Industry Perspective, Comprehensive Analysis and Forecast 2014 - 2020
Deerfield Beach, FL -- (SBWIRE) -- 06/19/2017 -- Zion Market Research has published a new report titled "IoT Security Market for Utilities, Automotive, Healthcare and Other End-users: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 - 2020". According to the report, global IoT security market was valued at USD 55.6 million in 2014 and is expected to reach USD 464 million in 2020, growing at a CAGR of 42.4% between 2015 and 2020.
IoT security is related to the activity of protection of connected devices. It associates with the wide area of networks in an internet of things. The "Internet of Things" is a physical and technological concept which is flying over the market in recent days. As this era is all about technology and computerization, this concept drives the market extreme and most of the industries are getting involved in it dedicatedly. These devices are intelligent devices which take the further step and recognize other gadgets or devices present in the surrounding. The Internet of Things is advanced from the union of wireless technologies, Internet protocols, and micro-electromechanical systems.
Request For free Sample Report: https://goo.gl/NrRBTQ
The IoT security helps to keep effective data carried by network confidential and more secured. This effective data transmission using IoT is used by various activities, enterprises, retail stores, manufacturing industries and hospitals. Some other applications that may contribute to the Internet of Things include the traffic cameras that may transfer the information of an accident on the road quickly to the police. The rise in the use of IoT companies and connected devices also helps to grow the IoT security market. The need for a secure, relaxed, and convenient lifestyle among people has been leading to the fast development of the IoT security market globally.
On the basis of application, global IoT security market is segmented into the different application areas such as utility or services, automotive, and healthcare etc. The utility application segment dominated the global IoT security market, accounting for a 37.95% market share in 2014. Increasing demand of IoT use in vehicles resulted into the significant share of automotive segment in global IoT security market. The healthcare segment was the third largest area of application of the global IoT security market. The others application segment include manufacturing, retail, and transportation etc.
Request For Free Price Quotations https://goo.gl/JudjhH
On the basis of geography, global IoT security market has been segmented into regions such as Americas, EMEA, and Asia Pacific. America followed by EMEA and APAC was the leading region. Americas drives the IoT security market and accounted for the largest market share of 35.28% of global IoT security market in 2014. The IoT security market in Europe, North America, and APAC region is expected to grow at a rapid pace during the forecast period.
Key players operating in this market includes Cisco System, Infineon Technologies, Intel, Siemens etc. Some of the other important industry participants in IoT security market include Alcatel-Lucent, Broadcom, IBM, Numerex, Ventus Wireless, Sophos, etc.This report segments the global market as follows:
Global IoT Security Market: End-user Segment Analysis (Utilities, Automotive, Healthcare, Others). Regional Segment Analysis (Americas (North America and Latin America), Europe, Middle East and Africa (EMEA), Asia Pacific).
Browse detail report at http://www.marketresearchstore.com/report/iot-security-market-for-utilities-automotive-healthcare-and-z37210
About Zion Market Research
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with Vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from Cardinal Industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
3422 SW 15 Street,Suite #8138
Deerfield Beach, Florida 33442
Toll Free: +1-855-465-4651 (USA-CANADA)
Visit Our Blog: https://marketresearchstore2017.wordpress.com