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Assessment of COVID-19’s Effect on Global Internet Of Things (IoT) Security Market 2020-2024 | Increasing Incidence of Cyberattacks to Boost Growth | Technavio

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Technavio has been monitoring the Internet of Things (IoT) security market and it is poised to grow by USD 80.94 billion during 2020-2024, progressing at a CAGR of 37% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Internet of Things (IoT) Security Market 2020-2024 (Graphic: Business Wire).

Technavio has announced its latest market research report titled Global Internet of Things (IoT) Security Market 2020-2024 (Graphic: Business Wire).

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio’s latest reports on directly and indirectly impacted markets. Market estimates include pre- and post-COVID-19 impact on the Internet of Things (IoT) Security Market Download free sample report

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Allot Ltd., Broadcom Inc., CENTRI Technology Inc., Cisco Systems Inc., Fortinet Inc, Gemalto NV, Infineon Technologies AG, Intel Corp, International Business Machines Corp, and Mocana Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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The increasing incidence of cyberattacks has been instrumental in driving the growth of the market.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/internet-of-things-security-market-industry-analysis

Internet of Things (IoT) Security Market 2020-2024: Segmentation

Internet of Things (IoT) Security Market is segmented as below:

  • End-user

    • Industrial Sector
    • Commercial Sector
    • Consumer Sector
  • Geographic Landscape

    • North America
    • Europe
    • APAC
    • MEA
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43566

Internet of Things (IoT) Security Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The Internet of things (IoT) security market report covers the following areas:

  • Internet of Things (IoT) Security Market Size
  • Internet of Things (IoT) Security Market Trends
  • Internet of Things (IoT) Security Market Industry Analysis

This study identifies the growing adoption of cloud-based services as one of the prime reasons driving the Internet of Things (IoT) security market growth during the next few years.

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Internet of Things (IoT) Security Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist Internet of Things (IoT) security market growth during the next five years
  • Estimation of the Internet of Things (IoT) security market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the Internet of Things (IoT) security market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of Internet of Things (IoT) security market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user

  • Market segments
  • Comparison by end-user
  • Industrial sector – Market size and forecast 2019-2024
  • Commercial sector – Market size and forecast 2019-2024
  • Consumer sector – Market size and forecast 2019-2024
  • Market opportunity by end-user

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Allot Ltd.
  • Broadcom Inc.
  • CENTRI Technology Inc.
  • Cisco Systems Inc.
  • Fortinet Inc.
  • Gemalto NV
  • Infineon Technologies AG
  • Intel Corp.
  • International Business Machines Corp.
  • Mocana Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.