Global Internet of Things Security Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application Area;

Smart Manufacturing, Smart Energy and Utilities, Connected Logistics, Smart Home & Consumer Electronics, Connected Healthcare, Smart Government & Defence, Consumer Wearables, Connected Vehicles, Smart Transportation, Smart Retail, and Others.

By Type;

Network Security, Endpoint Security, Application Security, Cloud Security, and Others

By End-User;

Industrial Sector, Commercial Sector, and Consumer Sector.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn151863554 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Internet of Things Security Market (USD Million), 2021 - 2031

In the year 2024, the Global Internet of Things Security Market was valued at USD 27,349.08 million. The size of this market is expected to increase to USD 111,286.17 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 22.2%.

The Global Internet of Things (IoT) Security Market is experiencing significant growth as the proliferation of IoT devices continues to expand across various sectors. IoT encompasses a network of interconnected devices that communicate and share data to enhance efficiency, automation, and decision-making processes. As these devices become more integrated into daily operations within industries such as healthcare, manufacturing, smart cities, and consumer electronics, the importance of securing these devices and the data they handle has become paramount. The increasing frequency and sophistication of cyberattacks targeting IoT systems have driven the demand for robust security solutions to protect against vulnerabilities and ensure the integrity, confidentiality, and availability of IoT networks.

The market is segmented into several key areas of security, including Network Security, Endpoint Security, Application Security, Cloud Security, and other specialized security measures. Network Security focuses on safeguarding communication channels, while Endpoint Security protects individual devices from being compromised. Application Security ensures the safety of software applications running on IoT devices, and Cloud Security secures the vast amounts of data stored and processed in cloud environments. Each segment addresses specific challenges and requires tailored solutions to effectively mitigate the diverse range of threats faced by IoT ecosystems. The rapid advancement of technologies such as artificial intelligence (AI), machine learning (ML), and blockchain further enhances the capabilities of IoT security solutions, making them more efficient and adaptive to emerging threats.

Geographically, the adoption of IoT security solutions varies, with North America and Europe leading the market due to their advanced technological infrastructure and stringent regulatory frameworks. The Asia-Pacific region is also witnessing rapid growth, driven by significant investments in IoT technologies and smart infrastructure projects. As IoT devices continue to infiltrate various aspects of business and daily life, the necessity for comprehensive security measures becomes increasingly critical. The market is characterized by a mix of established cybersecurity companies and innovative startups, all striving to develop cutting-edge solutions to protect the expanding IoT landscape. The continuous evolution of the IoT security market reflects the ongoing efforts to address the complex and ever-changing security challenges posed by the interconnected world.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application Area
    2. Market Snapshot, By Type
    3. Market Snapshot, By End-User
    4. Market Snapshot, By Region
  4. Global Internet of Things Security Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Data Privacy Concerns
        2. Increased Connectivity Demand
        3. Rise in Cyber Attacks
        4. Regulatory Compliance Pressure
        5. Adoption of Cloud Technology
      2. Restraints
        1. Complexity in Integration
        2. Lack of Standardization
        3. Budget Constraints
        4. Skill Shortage
        5. Legacy System Compatibility
      3. Opportunities
        1. Innovation in Encryption Techniques
        2. Advancements in AI for Security
        3. Integration of Blockchain
        4. Rise in Security as a Service
        5. Development of IoT-specific Security Solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Internet of Things Security Market, By Application Area, 2021 - 2031 (USD Million)
      1. Smart Manufacturing
      2. Smart Energy and Utilities
      3. Connected Logistics
      4. Smart Home & Consumer Electronics
      5. Connected Healthcare
      6. Smart Government & Defence
      7. Consumer Wearables
      8. Connected Vehicles
      9. Smart Transportation
      10. Smart Retail
      11. Others
    2. Global Internet of Things Security Market, By Type, 2021 - 2031 (USD Million)
      1. Network Security
      2. Endpoint Security
      3. Application Security
      4. Cloud Security
      5. Others
    3. Global Internet of Things Security Market, By End-User, 2021 - 2031 (USD Million)
      1. Industrial Sector
      2. Commercial Sector
      3. Consumer Sector
    4. Global Internet of Things Security Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Cisco Systems, Inc.
      2. IBM Corporation
      3. Intel Corporation
      4. Symantec Corporation
      5. Trend Micro Incorporated
      6. Palo Alto Networks, Inc.
      7. ARM Holdings plc
  7. Analyst Views
  8. Future Outlook of the Market