The IoT Security Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the IoT Security Market?
The size of the IoT security market has seen significant expansion recently, increasing from $8.7 billion in 2024 to an anticipated $11.36 billion in 2025. This represents a compound annual growth rate (CAGR) of 30.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the IoT Security Industry?
The IoT security market is projected to expand to $35.99 billion by 2029, with a compound annual growth rate (CAGR) of 33.4%.
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What are the Key Growth Drivers Fueling the IoT Security Market?
The key drivers in the iot security market are:
• IoT expansion in critical infrastructure
• Increasing complexity of IoT ecosystems
• Emphasis on zero trust security models and data protection
• The shift towards cloud-based IoT security solutions
Global Market Segmentation: Identifying Major IoT Security Industry Segments
The IoT security market covered in this report is segmented –
1) By Type: Network Security, Endpoint Security, Application Security, Cloud Security, Other Types
2) By Component: Solution, Services
3) By Application: Healthcare And Life Sciences, Infrastructure And Cities, Industrial System And Sensors, Smart Home And Consumer, Transport And Urban Mobility
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What are the Emerging Trends Shaping the Future of the IoT Security Market?
The key trends in the iot security market are:
• The mobility towards cloud-based IoT security is becoming more prevalent.
• The implementation of security during the development lifecycle of IoT systems is trending.
• A focus is being placed on supply chain security within the IoT market.
• The industry is witnessing an increase in the adoption of quantum-safe security solutions and collaborative security ecosystems.
Who Are the Top Competitors & Leading Players in the IoT Security Market?
Major companies in the iot security market are:
• AT&T Inc.
• Huawei Technologies Co. Ltd.
• Siemens AG
• Intel Corporation
• International Business Machines Corporation
• Cisco Systems Inc.
• Verizon Enterprises Solutions LLC
• HP Enterprise Company LLC
• Infineon Technologies AG
• Fortinet Inc.
• Gemalto NV
• ARM Holdings plc
• Check Point Software Technologies Ltd.
• PTC Inc.
• Forgerock Inc.
• Trustwave Holdings Inc.
• NSIDE Secure Inc.
• Allot Communications Ltd.
• Armis Inc.
• Sophos Group plc
• Broadcom Inc.
• Wurldtech Security Inc.
• Centri Security Inc.
• SecuriThings
• Mocana Corporation
• Newsky Security Inc.
• NETCOM On-Line Communication Services Inc.
• Palo Alto Networks Inc.
• Rapid7 Inc.
• SimpliSafe Inc.
• Cradlepoint Inc.
• SonicWall Inc.
• Medigate Corporation
• CyberMDX Healthcare Cybersecurity
• Entrust Datacard Corporation
• Microsoft Corporation
• Amazon Web Services
• Google LLC
• Ericsson AB
• Thales Group
• Atos SE
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the Internet of Things IoT security market in 2024
