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The Future of IoT Security
Technology Strategies for Securing Connectivity, Devices, Data, Applications and Networks from Cyberthreats
10-Oct-2023
Global
Market Research
K95C-01-00-00-00
IT_2023_206
IoT security refers to cybersecurity measures taken to protect connected devices and networks. With the increasing volume of data being transmitted from external sources and the larger attack surface in the IoT era, the need for robust security solutions has become crucial 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.
The demand for IoT security is driven by the increasing internet penetration and rapid technological advancements that have enabled high-speed internet connectivity.
Key Features
To be a component of the Internet-of-Things (IoT) Frost & Sullivan considers any product, application, or service that is a part of a larger solution that comprises these 4 elements:
- Objects that are virtualized and imbued with data measurement capabilities
- The ability to grant identities to physical and virtual objects
- Interconnections between these objects for monitoring and interaction
- The ability to generate real-time insights from data and incorporate them into existing business processes
The analytics covers the following:
- Key IoT security strategies: overview, current trends, and recent developments
- Profiles of top tech companies in the ecosystem
- Drivers and restraints for market growth
- Forecasts of IoT security by type and by segment
- Growth opportunities for market participants
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Internet of Things (IoT) Security Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Definition of IoT
IoT Devices Forecast
IoT Devices Forecast by Application
IoT Security: Ecosystem Components—Global, 2023
Overview of IoT Security
Overview of IoT Security (continued)
Overview of IoT Security (continued)
Importance of Device Discovery, Threat Detection, and Incident Response for IoT Security
Key Attributes for Device Protection in IoT Security
Process Simplification, Consumer Empowerment, and Ongoing Protection for Effective IoT Security
Essential Processes and Security Functions for Device Lifecycle Protection
Risks and Threats in IoT Security
Challenges of IoT Security
Common IoT Security Vulnerabilities
IoT Malware Attacks Worldwide
Share of IoT Device Vulnerability—2021
Key IoT Security Strategies
Top IoT Security Trends
Recent Developments in IoT Security
Scope of Analysis
Segmentation by Type
Segmentation by Segment
Key Competitors by Segment
Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Restraints
Growth Restraint Analysis
Forecast Assumptions
Revenue Forecast
Revenue Forecast by Type
Revenue Forecast by Segment
Revenue Forecast Analysis
Revenue Forecast Analysis by Type
Revenue Forecast Analysis by Segment
Microsoft
AWS
IBM
Palo Alto Networks
Telefónica Tech
HPE Aruba Networking
Fortinet
Thales
Growth Opportunity 1: Integration of AI, ML, and Blockchain into IoT Security Solutions
Growth Opportunity 1: Integration of AI, ML, and Blockchain into IoT Security Solutions (continued)
Growth Opportunity 2: IoT Cloud Security
Growth Opportunity 2: IoT Cloud Security (continued)
Growth Opportunity 3: IoT Network Security
Growth Opportunity 3: IoT Network Security (continued)
Growth Opportunity 4: IoT Software Security
Growth Opportunity 4: IoT Software Security (continued)
Growth Opportunity 5: IoT Managed Services Security
Growth Opportunity 5: IoT Managed Services Security (continued)
Growth Opportunity 6: IoT Enterprise Security
Growth Opportunity 6: IoT Enterprise Security (continued)
Growth Opportunity 7: IIoT Security
Growth Opportunity 7: IIoT Security (continued)
Definition
List of Exhibits
Legal Disclaimer
List of Figures
- IoT Devices Forecast, Global, 2018–2027
- IoT Devices Forecast by Application, Global, 2018–2027
- Annual Number of IoT Cyberattacks in Million, Global, 2018–2022
- IoT Security: Growth Metrics, Global, 2022
- IoT Security: Growth Drivers, Global, 2023–2028
- IoT Security: Growth Restraints, Global, 2023–2028
- IoT Security: Revenue Forecast, Global, 2022–2028
- IoT Security: Revenue Forecast by Type, Global, 2022–2028
- IoT Security: Revenue Forecast by Segment, Global, 2022–2028
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