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IoT Security Market - Technology Advancement, Growth Rate and Future Opportunities
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Albert Morris
Dec 20, 2017, 1:50:26 AM12/20/17
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Internet of Things (IoT) connects countless devices every day, even previously closed systems are now opened up to remote access and control. With its growing demand, the networking trend unlocks possibilities of greater convenience and comfort for users, and new business and service models for companies. However, security in this embedded requirement which is often kept behind. Security susceptibilities are increasing dramatically as the attack surface widens and manufacturers struggle to protect sensitive data, Intellectual Property (IP) and process integrity. The report aims to provide an overview of Global IoT Security Market along with detailed segmentation of market by type, solution, application and five major geographical regions. Global IoT Security market is expected to witness a high growth during the forecast period due to growing risk of data theft and firm government regulation. The North America (NA) and Europe (EU) in total holds more than 70% of the total market, while the regions such as Asia Pacific (APAC) is exhibiting a high growth rate in the coming years due to various factors such as the massive shift in technology advances, market demand, interconnections, and applications. The key players profiled in the report are IBM Corporation, Cisco Systems, Inc., Intel Corporation, ARM Holdings, Infineon Technologies, NXP Semiconductor, INSIDE Secure, Gemalto NV, Symantec Corporation and Trend Micro, Inc. among others.
Internet of Things (IoT) connects countless devices every day, even previously closed systems are now opened up to remote access and control. With its growing demand, the networking trend unlocks possibilities of greater convenience and comfort for users, and new business and service models for companies. However, security in this embedded requirement which is often kept behind. Security susceptibilities are increasing dramatically as the attack surface widens and manufacturers struggle to protect sensitive data, Intellectual Property (IP) and process integrity. The report aims to provide an overview of Global IoT Security Market along with detailed segmentation of market by type, solution, application and five major geographical regions. Global IoT Security market is expected to witness a high growth during the forecast period due to growing risk of data theft and firm government regulation. The North America (NA) and Europe (EU) in total holds more than 70% of the total market, while the regions such as Asia Pacific (APAC) is exhibiting a high growth rate in the coming years due to various factors such as the massive shift in technology advances, market demand, interconnections, and applications. The key players profiled in the report are IBM Corporation, Cisco Systems, Inc., Intel Corporation, ARM Holdings, Infineon Technologies, NXP Semiconductor, INSIDE Secure, Gemalto NV, Symantec Corporation and Trend Micro, Inc. among others.
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