Internet of Things (IoT) Security Market - Strict Regulatory Compliance's Expected to Drive the IoT Security Market - Research and Markets

DUBLIN, July 18, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Internet of Things (IoT) Security Market - Global Forecast to 2021" report to their offering.

The Internet of Things (IoT) security market is projected to grow to USD 36.95 billion by 2021, at a CAGR of 36.1% due to rising concerns for security in critical infrastructures and strict security regulations imposed by regulating bodies.

The Banking, Financial Services, and Insurance (BFSI) vertical is expected to witness the largest market size during the forecast period because of the increasing adoption of web and mobile applications, which are prone to advanced cyber-attacks. Smart banking, internet banking, and mobile banking are the factors, which have led the BFSI sector to focus more on IoT security.

North America is expected to hold the largest market share of the IoT security market in 2016 due to strict regulations and technological advancement. Asia-Pacific (APAC) is expected to have the highest rowth rate during the forecast period due to high rate of adoption of IoT security solutions.

The major trends in the IoT security market include increasing sophistication of threats and attacks, diversified reach of the connected devices, and risks over personal data. Huge opportunities are prevailing for IoT security in the untapped geographic regions, especially in the Middle East and Latin America.

Companies Mentioned:

• Arm Holdings PLC.
• Check Point Software Technologies Ltd.
• Cisco Systems, Inc.
• Gemalto NV
• Geographic Revenue Mix
• IBM Corporation
• Infineon Technologies
• Inside Secure
• Intel Corporation
• PTC, Inc.
• Sophos Group PLC
• Symantec Corporation
• Trend Micro, Inc.
• Wurldtech Security Technologies Inc.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Internet of Things Security Market Analysis, By Type

7 Internet of Things Security Market Analysis, By Solution

8 Internet of Things Security Market Analysis, By Service

9 Internet of Things Security Market Analysis, By Application

10 Internet of Things Security Market Analysis, By Vertical

11 Geographic Analysis

12 Competitive Landscape

13 Company Profiles

For more information visit http://www.researchandmarkets.com/research/6glxlq/internet_of

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Research and Markets

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