Seattle, WA -- (SBWIRE) -- 11/29/2019 -- IoT is a network of internet-connected objects, which collect and exchange data using embedded sensors. Today, IoT has managed to penetrate day to day life and thus, companies offering IoT-based solutions have started investing a lot on its security aspect.
The rise in the global cyber-attacks, increased dependency on the connected devices, and the need to keep the connected device secure drive the market growth. However, factors such as lack of trained workforce and less awareness about the importance of the IoT security solutions hinder the market growth. Moreover, the increase in the IoT security expenditure by the enterprises in the developing economies is projected to provide the lucrative growth opportunities to the market.
The report segments the IOT security market based on type, solution, services, end users, and region. By type, it is divided into network security, endpoint security, application security, cloud security, and others. By solution, it is classified into identity access management, intrusion detection system/intrusion prevention system, distributed denial of service protection, security analytics, and others. By services, it is categorized into consulting, maintenance, and training. By end users, it is segmented into healthcare, information technology (IT), telecom banking, financial services, and insurance (BFSI), automotive, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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The major players profiled in this report include:
Symantec Corporation, McAfee, LLC, Cisco Systems, Inc, Trend Micro, Inc, Palo Alto Networks, Inc, IBM Corporation, RSA Security LLC, Fortinet, Inc, PTC Inc, Infineon Technologies AG, Gemalto NV, AT&T Inc, TrustWave Holdings, Inc, DigiCert, Inc, Bitdefender, LLC, Karamba Security, Darktrace Ltd, CENTRI Technology Inc, CyberX, Inc, Mocana Corporation
Market Segment by Type, covers
Market Segment by Applications, can be divided into
Smart Homes & Consumer Devices
Smart Industry & Business
Smart City & Energy
Critical questions the report answers:
- Where will all these developments take the industry in the mid to long term?
- What are the upcoming trends in the voice assistant application market?
- What are the competitive developments, such as mergers and acquisitions, new product developments, and business expansion activities, in the market.?
- How major factors, such as drivers, restraints, opportunities, and challenges, influence the growth of the market?
- What are the key roles of major players in the market?
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