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Internet of Things IoT Security Market Opportunities, Players, Segments and Dynamics

(IT-NEWSWIRE.COM, August 12, 2021 ) The Internet of Things (IoT) connects to a network devices including industrial equipment and consumer products, enabling the information collection and control by software to enhance efficiency and provide new services. IoT brings together hardware, software integration, connectivity and IT services. IoT helps develop an intelligent media environment, including smart shopping, clever housing, intelligent healthcare and intelligent transit. The most important components of IoT include WSN, RFID, cloud, NFC, gateways, data storage & analytics, and visualisation. IoT assists efficient multi-connected management and monitoring. The network-powered technology can handle IoT security.



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Increased ransomware assaults on numerous IoT devices are part of the security IoT trend. Increased IoT security requirements across developing nations and increased malware and phishing threats across various firms are boosting market growth. But corporate budget limits and costly IoT security solutions hamper industry expansion. In addition, there will be significant opportunities to create IoT security solutions and the acceptance of IoT security solutions by many emerging countries in the future.



The global market report scope consists of a comprehensive study covering primary factors impacting the industry trends. The study includes analysis of regional and country-level market dynamics. The scope also consists of competitive overview offering company market shares coupled with company profiles for key revenue contributing companies. The report scope covers a detailed competitive outlook covering market shares and profiles of key participants in the market share.



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This report offers the major market player’s profiles, such as IBM Corporation, Intel Corporation, Infineon Technologies AG, Cisco Systems Inc., Broadcom, Gemalto NV, Fortinet Inc., SecuriThings, Palo Alto Networks Inc., and Trend Micro Incorporated.



The IoT Security Market report has been categorized as below



By component

Solution

Identity and Access and Management

Data Encryption and Tokenization

Intrusion Detection System and Intrusion Prevention System

Device Authentication and Management

Secure Communications

Public Key Infrastructure and Lifecycle Management

Distribute Denial of Service Protection

Security Analytics

Others



Services

Professional Services

Integration Service

Consulting Service

Support and Maintenance

Managed Services



IoT Security Market Type

Network Security

Endpoint Security

Application Security

Cloud Security

Others (web security and email security)



By application

Smart Manufacturing

Smart Energy and Utilities

Connected Logistics and Transportation

Smart Home and Consumer Electronics

Connected Healthcare

Smart Government and Defense

Smart Retail



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