IoT Security Market Report 2026

IoT Security Market Overview

• IoT Security market size has reached to $11.22 billion in 2025 • Expected to grow to $45.11 billion in 2030 at a compound annual growth rate (CAGR) of 32% • Growth Driver: Rise In Cyber Attacks Fueling The Growth Of The Market Due To Expanding Iot Threat Surfaces • Market Trend: Trend Micro Launches Trend Vision One Platform To Enhance IoT Security In Hybrid Environments • Asia-Pacific was the largest region and fastest growing region.

The key promising market opportunities in the internet of things (iot) security market include: • Network Security (Segmentation By Type) → Expected gain of $10.64 Billion • Endpoint Security (Segmentation By Type) → Expected gain of $8.11 Billion • Application Security (Segmentation By Type) → Expected gain of $6.19 Billion

What Is Covered Under IoT Security Market?

Internet of Things (IoT) security refers to the safeguards and protections provided for cloud-connected devices such as home automation, SCADA machines, security cameras, and any other technology that connects directly to the cloud. The main types are network security, endpoint security, application security, cloud security, and others. Network security is a designed set of rules and configurations, used to protect the integrity, confidentiality and accessibility of computer networks and data using both software and hardware technologies. The IoT security market components are solutions and services. The various applications of IoT security market are healthcare and life sciences, infrastructure and cities, industrial systems and sensors, smart home and consumer, and transport and urban mobility.

What Is The IoT Security Market Growth Forecast?

The iot security market size is expected to see exponential growth in the next few years. It will grow to $45.11 billion in 2030 at a compound annual growth rate (CAGR) of 32.0%. The growth in the forecast period can be attributed to expansion of critical iot infrastructure, regulatory compliance requirements, adoption of ai-based security analytics, growth of smart cities, increasing cloud-connected devices. Major trends in the forecast period include zero trust security frameworks for iot, device identity and authentication solutions, cloud-based iot security platforms, ai-driven threat detection for iot, end-to-end encryption for connected devices.

What Is The Driver Of The IoT Security Market?

The increasing number of cyberattacks is expected to propel the growth of the IoT security market going forward. A cyberattack is any attempt to illicitly access a computer, network, or system with the intent to steal, damage, or disrupt data and operations. The rise in cyberattacks is due to society’s growing dependence on digital technologies, which expands the number of potential targets and vulnerabilities for malicious actors. IoT security solutions help protect networks, devices, and data from unauthorized access and potential breaches. For instance, in October 2025, according to the Australian Signals Directorate, a Australia-based government agency, in FY2024–25, the Australian Signals Directorate’s (ASD) Australian Cyber Security Centre (ACSC) received over 42,500 calls to the Australian Cyber Security Hotline, marking a 16% rise from the previous year. Therefore, the rising number of cyberattacks is driving the growth of the IoT security industry.

How Will The Drivers Impact Growth In The Global Internet Of Things (IoT) Security Market?

• Rising Proliferation of Connected Devices (Low) – During the forecast period, the rising proliferation of connected devices is expected to become a key growth driver for the internet of things (IoT) security market by 2030. The rapid expansion of connected devices such as smart homes, industrial sensors, wearable devices, and connected vehicles is a primary growth catalyst for internet of things (IoT) security solutions. As more endpoints connect to cloud-based networks, the attack surface for cyber threats increases significantly. Each device represents a potential entry point for malicious actors, creating a strong need for robust endpoint and network-level security. Organizations are increasingly adopting internet of things (IoT) security platforms to monitor, authenticate, and protect these devices. Additionally, the lack of standardized security protocols across devices further amplifies vulnerabilities, driving demand for comprehensive security frameworks. • Increasing Frequency of Cybersecurity Threats and Attacks (Low) – During the forecast period, the increasing frequency of cybersecurity threats and attacks is expected to emerge as a major factor driving the expansion of the internet of things (IoT) security market by 2030. The growing incidence of cyberattacks such as ransomware, botnets, brute-force attacks, and remote hijacking is a major driver for the internet of things (IoT) security market. IoT ecosystems are particularly vulnerable due to weak authentication mechanisms and limited built-in security. High-profile incidents involving compromised surveillance systems, industrial control systems, and connected vehicles have heightened awareness among enterprises and governments. As a result, organizations are prioritizing advanced security tools like encryption, intrusion detection systems, and real-time threat analytics. Regulatory bodies are also enforcing stricter compliance requirements, pushing companies to invest in proactive security measures. This escalating threat landscape continues to fuel consistent demand for internet of things (IoT) security solutions. • Growth of Industrial IoT (IIoT) and Critical Infrastructure Protection (Low) – During the forecast period, the growth of industrial IoT (IIoT) and critical infrastructure protection is expected to act as a key growth catalyst for the internet of things (IoT) security market by 2030. The increasing adoption of IoT in industrial environments such as manufacturing, energy, healthcare, and transportation is significantly driving the need for specialized security solutions. Industrial IoT systems, including SCADA and operational technology networks, are critical to national infrastructure and highly sensitive to disruptions. Any breach in these systems can lead to operational downtime, financial losses, and safety risks. Consequently, organizations are implementing advanced internet of things (IoT) security frameworks to safeguard industrial operations and ensure business continuity. The convergence of IT and OT systems further increases complexity, requiring integrated security approaches. This growing reliance on connected industrial systems continues to boost demand for internet of things (IoT) security solutions.

How Will The Restraints Impact Growth In The Global Internet Of Things (IoT) Security Market?

• High Implementation and Maintenance Costs (Low) – During the forecast period, high implementation and maintenance costs are significantly restricting the growth of the IoT security market. The need for continuous monitoring systems, advanced encryption technologies, and regular security updates is increasing financial pressure on enterprises, particularly small and medium-sized organizations. • Lack of Standardization Across IoT Ecosystems (Low) – During the forecast period, lack of standardization across IoT ecosystems is significantly restricting the growth of the IoT security market. The absence of unified security protocols and fragmented device ecosystems are creating interoperability issues, complicating security integration, and increasing vulnerabilities across connected networks. • Limited Awareness and Skilled Workforce Shortage (Low) – During the forecast period, limited awareness and skilled workforce shortage are significantly restricting the growth of the IoT security market. A shortage of cybersecurity professionals with expertise in IoT environments, coupled with low awareness among end users regarding security risks, is hindering effective deployment and management of IoT security solutions.

Key Players In The Global IoT Security Market

Major companies operating 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

Global IoT Security Market Trends and Insights

Major companies operating in the IoT security market are focused on introducing advanced solutions, such as Cyber security platform, to gain a competitive edge in the market. Cyber security platforms are centralized solution designed to integrate security visibility, analysis, and controls across various security layers and data sources, enhancing protection, scalability, and performance. For instance, in May 2023, Trend Micro Inc., a US-based IT security company, launched Trend Vision One. Trend Micro One is a unified cybersecurity platform designed to help organizations prepare for, withstand, and rapidly recover from threats with a more empowered security team. Trend Vision One platform does support Internet of Things (IoT) security. The platform is designed to provide comprehensive protection across various domains, including operational technology (OT), which encompasses IoT devices. Trend Vision One supports hybrid environments, ensuring robust security across endpoints, servers, cloud services, and networks. The platform offers an extensive set of native security sensors that provide comprehensive protection against a wide range of threats.

What Are Latest Mergers And Acquisitions In The IoT Security Market?

In September 2023, SecurityBridge GmbH, a Germany-based provider of cybersecurity solutions acquired Protect4S for an undisclosed amount. The acquisition will enhance SecurityBridge's ability to offer enhanced security to SAP customers and introduce industry-leading cybersecurity research. Protect4S has partnered with SecurityBridge to bolster SAP security. Protect4S is a Netherlands-based SAP security specialist.

What Defines the IoT Security Market?

The Internet of Things IoT security market includes revenues earned by entities by offering Internet of Things (IoT) security devices/ software to protect connected network infrastructure. IoT security is a specialized area that provides solutions for safeguarding smart devices, networks, other connected devices and centralized user hubs from unwanted manipulation. This industry includes establishments that provide security solutions to counter IoT security threats such as remote vehicle hijacking, privacy leaks, brute force attacks on passwords and others. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the IoT Security Market Report 2026?

The iot security market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the iot security industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.