Industrial Iot Security Market

Industrial iot market size worth 949 42 billion by 2025 cagr.

Industrial iot security market.

Factories within the industrial sector used to be separated into two main areas. The market is expected to reach a value of 922 62 billion by 2025 becoming one of the biggest catalysts for new emerging technologies. As the internet of things expands threats and potential threats continue to multiply. June 2019 report format.

It is projected to expand at a cagr of 29 4 during the forecast period. Fortunately the market for advanced iot security is expanding too with numerous companies specializing in or at least providing tools to help keep businesses and individuals safe from increasingly sophisticated cyber crime. 4 2 global industrial iot security market forecast 2019 2029 4 3 global healthcare iot security market forecast 2019 2029 4 4 global iot security market forecast by consumer electronics 2019 2029. Electronic pdf the global industrial internet of things market size is expected to reach usd 949 42 billion by 2025 according to a new report by grand view research inc.

Global internet of things iot security market report is a specialized and in depth study of the industry with a focus on the global market trend. When available we factored into the ranking reviews of the companies technology and workplace culture. Swot analysis of the internet of things security market 2019 2029. Psa certified can provide alignment to iiot standards with a step by step framework to building in the right level of security for connected devices.

According to a research report iot security market by type network security cloud security component solution identity and access management security analytics device authentication management service application area and region global forecast to 2025 published by marketsandmarkets the global internet of things iot security market size is expected to grow from usd 12 5 billion in 2020 to usd 36 6 billion by 2025 at a compound annual growth rate cagr of 23 9. Criteria for ranking included firms degree of focus on enterprise and industrial iot security and the innovation and market traction of their product offerings. The growth in the industrial iot market is due to the high rate of demand of industrial iot applications in smart industries. The internet of things iot is fast turning into an intrinsic part of the digital transformation for industries such as utilities transportation or manufacturing.

Additionally low sensor costs and innovative sensor technology is further expected to drive the market growth in the coming future. Global industrial internet of things iot market by hardware in terms of hardware the sensor segment of the industrial internet of things iot market is leading the global market in 2020 as.