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(I-SoftwareNews.Com, November 10, 2017 ) Market Snapshot
The introduction of integrated security solutions is expected to fuel the growth prospects of the global IoT security market. The demand for IoT security solutions will increase among end users as there is a need for providing overall security to networks and devices. Since stand-alone IoT security solutions are expensive, most end users are opting for integrated IoT security solutions. Integrated IoT security solutions offer enhanced support and greater functionality to customers and this will provide the market a boost. Data loss prevention and firewalls are being integrated with IoT security solutions and this will further boost the growth of this market. This will decrease the IoT security solutions.
In terms of geography, the Americas accounted for the maximum market share during 2016 due to the high concentration of electronic consumer goods, automobile manufacturers, and IoT vendors that provide IoT security solutions to these industries. However, during the forecasted period, the market share of the Americas is expected to decline due to the rapid shift of industries towards other technologies such as IoT devices integrated with biometrics for authentication.
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Market Overview
The increasing adoption of cloud-based services will drive the growth prospects for the global IOT security market in the forthcoming years. Some of the major factors driving the demand for cloud-based services include modern video management systems, authentication processes, and storage of biometrics information. Also, a multitude of organizations such as banks and healthcare organizations are increasingly shifting from the conventional method of storing confidential data towards the cloud technology. With this growing trend of cloud technology, becomes imperative for service providers to make the use of cloud platform secured against any unauthorized access.
As the Internet of Things (IoT) is gradually moving from being a centralized structure to a more complex network of innumerable decentralized smart devices, the need for security of data will be acknowledged to a greater degree, thereby promoting the expansion of the global IoT security market. The larger the volume of the data transferred over to IoT, the bigger the risk of device manipulation, IP theft, identity theft, data falsification, and network or server manipulation
Internet of Things Security Market Key Players –
This report studies the global Internet of Things Security Market, analyzes and researches the Internet of Things Security development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
• Cisco
• Wurldtech Security Technologies
• IBM
• Infineon Technologies
• Intel
• Symantec
• Cypress
• Digi International
• Ericsson
• Eurotech
• Fortinet
• Gemalto
Internet of Things Security Market report contains all study material about overview, growth, demand and forecast research report in all over the world. This report offers some penetrating overview and solution in the complex world Internet of Things Security Market in global market.
Internet of Things Security Market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
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Market Segments
Market segment by Regions/Countries, this report covers
• United States
• EU
• Japan
• China
• India
• Southeast Asia
Market segment by Type, Internet of Things Security can be split into
• Services
• Software
• Hardware
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Source: EmailWire.Com 
Source: EmailWire.com
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