Published: 02-Nov-2015 | Published By: Market Research Store
Zion Research has published a new report titled “IoT Security Market for Utilities, Automotive, Healthcare and Other End-users: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 - 2020”. According to the report, global IoT security market was valued at USD 55.6 million in 2014 and is expected to reach USD 464 million in 2020, growing at a CAGR of 42.4% between 2015 and 2020.
IoT security is related to the activity of protection of connected devices. It associates with wide area of networks in internet of things. The “Internet of Things” is a physical and technological concept which is flying over the market in recent days. As this era is all about technology and computerization, this concept drives the market extreme and most of the industries are getting involved in it dedicatedly. These devices are intelligent devices which take the further step and recognize other gadgets or devices present in the surrounding. The Internet of Things is advanced from the union of wireless technologies, internet protocols, and micro-electromechanical systems.
Browse the full "IoT Security Market for Utilities, Automotive, Healthcare and Other End-users: Global Industry Perspective, Comprehensive Analysis and Forecast 2014 - 2020" report at http://www.marketresearchstore.com/report/iot-security-market-for-utilities-automotive-healthcare-and-z37210
The IoT security helps to keep effective data carried by network confidential and more secured. This effective data transmission using IoT is used by various activities, enterprises, retail stores, manufacturing industries and hospitals. Some other applications that may contribute to the Internet of Things include the traffic cameras that may transfer the information of an accident on the road quickly to the police. Rise in use of IoT companies and connected devices also helps to grow the IoT security market. The need for a secure, relaxed, and convenient lifestyle among people has been leading to the fast development of the IoT security market globally.
On the basis of application, global IoT security market is segmented into the different application areas such as utility or services, automotive, and healthcare etc. The utilities application segment dominated the global IoT security market, accounting for a 37.95% market share in 2014. Increasing demand of IoT use in vehicles resulted into significant share of automotive segment in global IoT security market. The healthcare segment was the third largest area of application of the global IoT security market. The others application segment include manufacturing, retail, and transportation etc.
On the basis of geography, global IoT security market has been segmented into regions such as Americas, EMEA, and Asia Pacific. America followed by EMEA and APAC was the leading region. Americas drives the IoT security market and accounted for the largest market share of 35.28% of global IoT security market in 2014. The IoT security market in Europe, North America, and APAC region is expected to grow at a rapid pace during the forecast period.
Key players operating in this market includes Cisco System, Infineon Technologies, Intel, Siemens etc. Some of the other important industry participants in IoT security market include Alcatel-Lucent, Broadcom, IBM, Numerex, Ventus Wireless, Sophos, etc.This report segments the global market as follows:
Global IoT security Market: End-user Segment Analysis
Global IoT security Market: Regional Segment Analysis
- Americas (North America and Latin America)
- Europe, Middle East and Africa (EMEA)
- Asia Pacific
Zion Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Zion Research experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each Zion Research syndicated research report covers a different sector — such as pharmaceuticals, chemical, energy, food and beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports strive to serve the overall research requirement of clients.
3422 SW 15 Street,Suit #8138
Deerfield Beach,Florida 33442
Toll Free: +1-855-465-4651 (USA-CANADA)
2017 Global Non-Slip Epoxy Glass Flake Paint Market Research Report
2017 Global Parking Sensors Market Research Report
2017 Global Nitrogen Oxide Sensor Market Research Report
2017 Global Nuclear Density Gauge Market Research Report
2017 Global Automotive Interior Materials Market Research ReportView More
Global Chitosan Market Set for Rapid Growth, To Reach USD 4.74 Billion by 2021
Zion Market Research has published a new report titled Chitosan Market for Water Treatment, Biomed
Development of e-commerce to Reshape Global Mobile Hotspot Router Market
Mobile hotspot is a popular feature on smart phones that provide wireless internet access on many
Global Carotenoids Market Is Expected To Reach Around USD 1.52 Billion in 2021
Zion Market Research has published a new report titled Carotenoids Market by Type (Astaxanthin, Be
Soaring Demand from Food & Beverages Industry to Act as Prime Driving for Ascorbic Acid Market, Reports Zion Market Research
Ascorbic acid is extensively available in nature, mostly rich in leafy vegetables and fresh fruits
Global Energy Management System (EMS) Market Is Set for a Rapid Growth and is Expected to Reach USD 63,161.5 million by 2021
Zion Market Research has published a new report titled Energy Management System Market (EMS) by So