- The Internet of Things (IoT) Security market encompasses solutions and services designed to protect IoT devices and networks from cyber threats, ensuring data integrity, privacy, and system reliability through encryption, authentication, and threat detection technologies.
- The demand for IoT security solutions is significantly driven by the surge in IoT device connections, with 18.8 billion connected devices projected by the end of 2024, and the rising incidence of cyberattacks, with 60% of organizations reporting IoT-related breaches in 2024.
- North America is expected to dominate the IoT Security market due to its advanced technological infrastructure and presence of key vendors like Cisco and IBM, holding a 35.0% market share in 2024.
- Asia-Pacific is expected to be the fastest-growing region during the forecast period due to rapid IoT adoption, government initiatives for smart cities, and increasing cybersecurity investments in countries like China and India.
- The Solutions segment is expected to dominate the market with a market share of 67.0% in 2025 due to the critical role of comprehensive security software, including encryption and threat detection, in safeguarding IoT ecosystems.
Frequently Asked Questions
The U.S. is expected to dominate the global Internet of Things (IoT) Security market, particularly in the North America region, due to its advanced cybersecurity infrastructure and key vendor presence.
North America is expected to dominate the global Internet of Things (IoT) Security market due to advanced infrastructure and key vendor presence.
India is expected to witness the highest CAGR in the Internet of Things (IoT) Security market, driven by rising smart city projects and increasing cyber threats.
The primary challenges include integration complexity with existing IT infrastructure and the lack of standardized protocols across IoT devices.
The Solutions segment is expected to dominate the global Internet of Things (IoT) Security market, holding a major market share of 67.0% in 2025, due to the essential role of comprehensive security software in protecting IoT ecosystems.
