The Internet of Things (IoT) is permeating every aspect of consumer and enterprise activities. With the growth of microelectronics, ubiquitous connectivity, and predictive computing, the IoT is poised for rapid growth. Businesses must transform themselves into nimble and data-driven organizations that can stave off competition as low entry barriers allow new entrants to quickly establish a significant market presence. Digital transformation is not a destination, but an evolution from analog, people-dependent business operations to data-enabled processes. The IoT is the catalyst that is driving this transformation and has the potential to transform every vertical market and industry by allowing businesses to deconstruct old, inefficient processes and efficiently and reliably reconstruct processes through technology.

Security is essential for reliable IoT operations. Malfunctioning or compromised IoT devices, whether malicious or accidental, can pose significant risks to consumers, businesses, and societies. Limited compute and storage capabilities, high volumes of data, and industry fragmentation present unique challenges in securing the IoT.

This Frost & Sullivan report will examine the growth opportunities IoT security market. It details how leading IoT security providers address market needs. Information is provided in the form of company profiles based on Frost & Sullivan interviews. Profiles also present information on the industry requirements for effective IoT security. Independent analyst perspectives are included for each profiled company.

Author: Vikrant Gandhi