Internet of Things Security Market size to grow by USD 83.25 Bn | Market Research Insights highlight increasing incidence of cyberattacks as Key Driver | Technavio
Internet of Things Security Market size to grow by USD 83.25 Bn | Market Research Insights highlight increasing incidence of cyberattacks as Key Driver
report "Internet of Things Security Market by End-user and Geography - Forecast and Analysis", the market witnessed a YOY growth of 23.33% at a CAGR of 30% during the forecast period. The report is segmented by end-user (industrial sector, commercial sector, and consumer sector) and geography (North America, Europe, APAC, MEA, and South America).
Technavio has announced its latest market research report titled Internet of Things Security Market by End-user and Geography - Forecast and Analysis 2021-2025
Vendor Insights
The global Internet of Things Security Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
· Allot Ltd.
· Broadcom Inc.
· CENTRI Technology Inc.
· Cisco Systems Inc.
· Fortinet Inc.
· Infineon Technologies AG
· Intel Corp.
· International Business Machines Corp.
· Mocana Corp.
· Thales Group
- For more insights on YOY and CAGR, Read Sample Report