IoT Security Market is expected to reach US$ 30.9 Bn by 2025 IoT Security Market is expected to reach US$ 30.9 | Page 2

IoT Security Market to 2025 Introduction According to a new market research study titled ‘IoT Security Market to 2025 – Global Analysis and Forecasts by Type, Solution and Application’, the global IoT Security market was valued at US$ 7.3 Bn in 2016 and is estimated to reach US$ 30.9 Bn by 2025. The report highlights the trends prevalent in the global IoT Security market and the factors driving the market along with those that act as deterrents to its growth. A robust IoT solution approach should focus not only securing the infrastructure and devices, which forms the base of IoT system, but also should develop the accurate level of data privacy and building trust with regulators and customers. The most successful and trusted IoT tech companies and solutions provider would be those that equally focuses on protecting privacy, improving security, and building trust. Privacy of user’s identity, payment details and other documents of high importance is at stake with the connection of everyday essential objects with the internet. Thus, IoT security plays the most critical role in implementation of IoT and gaining the customer’s trust. The above mentioned reasons are going to drive the market of IoT security along with the implementation of IoT. Browse Complete Report @ http://www.theinsightpartners.com/reports/iot-security-market Contact Us : [phone]| E-Mail : [email protected]