Global $40.3B IoT Security Industry 2021-2026: 5G Networks to Accelerate a New Wave of IoT Applications
The "Global IoT Security Market by Type (Network Security, Endpoint Security, Application Security, and Cloud Security), Component (Solutions & Services), Application Area, Deployment Mode (On-premises & Cloud), Organization Size, and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
The Global IoT Security Market to grow from USD 14.9 Billion in 2021 to USD 40.3 Billion by 2026, at a Compound Annual Growth Rate (CAGR) of 22.1% during the forecast period.
The presence of various key players in the ecosystem has led to a competitive and diverse market. IoT security mainly deals with several malicious cyber-attacks and fraudulent intrusions into the network of IoT devices. The regulations imposed by the security authorities across North America and Europe have enforced companies to seek better IoT security measures.
