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(I-SoftwareNews.Com, November 30, 2017 ) IoT has already been helping peoples, thousands of smart phone, connected devices delivers new experience to peoples throughout the world. More and more connected devices come to market due to which security becomes a major concern. With the growing demand of IoT there is a greater convenience and comfort to the user and new business. However security becomes the major requirement which is often kept behind. As IoT is moving from centralized structure to a more complex network of countless no of decentralized smart phones there is a need for security therefore promoting the expansion of IoT security?
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One of the factor which drive the market for IoT security is that increasing demand for IoT security solution at workshop. Some of the companies are trying to develop the approach of combine physical and cyber security component for employee’s safety and to ensure the efficient functionality of smartphones, tablets and PDAs at workplace. In addition to this there are several other factors which drives the market such as comfort, safety & efficiency, assisted decision making and reduced time & increased revenue. However, the factors hindering the growth of IoT security market are lack of knowledge about benefits of IoT security solution, complexity, compatibility & data integration, threat to security and privacy concern. Concept such as Bring Your Own Device (BYOD), Bring Your Own PC (BYOPC) and Bring Your Own Phone (BYOP) is expected to boost IoT security market over coming years.
IoT security market is segmented on the basis of type such as network security, endpoint security, cloud security, application security and others and the market is further breakdown as solution which further includes threat analysis, malware protection, data loss protection, encryption, dispatch and incident response, distributed denial of service protection and others. Similarly, the market is further segmented on the basis of application such as smart homes, connected cars, information & communication technology, smart factories, BFSI, smart retail, smart healthcare, smart transportation, wearable and others.
The market is segmented into major regions that include North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM). The major countries included are considered in the scope of the study such as U.S, Canada, Mexico, France, Germany, Italy, Spain, UK, China, Australia, Japan, India, South Korea, South Africa, South Arabia and Brazil.
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IoT Security Market Players:
Cisco Systems, Inc.
IBM Corp.
Infineon Technologies
Intel Corporation
Symantec Corporation
ARM Holdings
NXP Semiconductor
INSIDE Secure
Gemalto NV
Trend Micro, Inc.
Synopsys
ESCRYPT
Palo Alto Networks, Inc.
Microchip Technologies Inc.
View Complete Report at http://www.theinsightpartners.com/reports/iot-security-market
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The Insight Partners
Sameer Joshi
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sam@theinsightpartners.com
Source: EmailWire.Com
Source: EmailWire.com
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