Global Internet of Things Security Market to Be Worth Over $10,839 M in 2019

Monday 26 November 2018, Amsterdam

This market analysis report, now available on ASDReports, indicates that the Internet of Things security market is set to be worth $10,839mn in 2019, driven by the increasing number of IoT applications.

The cyber analyst and the author of Internet of Things (IoT) Security Market Report 2019-2029 commented that: "The current development and deployment of IoT initiatives could create a new golden era in the global economy. IoT has the potential to increase productivity, disrupt industrial production and change our life as we know it, just as with the earlier technological revolutions. Consequentially ensuring these devices are secure to prevent potential catastrophe is of vital importance to governments, businesses, and individuals alike. Visiongain believes that the IoT revolution has already started and is gaining momentum at a fast pace. Simple evidence to support this is the dramatic rate of adoption in mobile technology. This mass adoption is pushing towards a new era of creative disruption in media and amongst mobile network providers.

Considering that our infrastructure, transport, hospital equipment, and industries are increasingly becoming part of the IoT network, the consequences of a breach could be catastrophic for businesses, the economy, and even have lethal ramifications. This will create a huge impetus to utilise societal resources to develop robust and reliable IoT Security."

The 240-page report contains 264 tables, charts and graphs that utilise visual representation in order to clarify trends and market projections within the Internet of Things security market. Visiongain provides forecasts for the period 2019-2029 by Application, Solution Type and Security Type, as well as for 15 leading Companies. The report also provides forecasts are also for each of the 19 leading national markets as well as the ROW.

The Internet of Things (IoT) Security Market Report 2019-2029 report will be of impressive value to current, and future, investors into the Internet of Things security market, as well as to companies and research centres who wish to broaden their knowledge of the Internet of Things security industry.