How Internet of Things (IoT) security technology Technology is Shaping the Future
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Nov 18, 2024 IT and Telecom
The Internet of Things (IoT) security technology market is witnessing consistent growth, with this momentum expected to persist in the coming years. Forecasts suggest robust growth rates from 2024 to 2030, underscoring its increasing impact and potential in the industry. As companies continue to invest and innovate, the market is poised to play a significant role in shaping future trends. This period marks a crucial phase of expansion and opportunity for key players.
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Market Segment Analysis
The Global Internet of Things (IoT) security technology is segmented by Type, Application, and Region.
By Type, the market is divided into Network Security, Endpoint Security, Application Security, Cloud Security, Others (web Security, data security) . The Application segment categorizes the market based on its usage such as Consumer IoT, Industrial. Geographically, the market is assessed across key Regions like North America(United States.Canada.Mexico), South America(Brazil.Argentina.Chile.Rest of South America), Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe), Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific), MEA(Middle East.Africa) and others.
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Key Players
Key companies in the Internet of Things (IoT) security technology market include Allot Ltd. (Hod Hasharon, Israel), Cisco Systems Inc. (California, United States), Forgerock (California, United States), Fortinet, Inc. (California, United States), IBM Corporation (New York, United States), Infineon Technologies AG (Neubiberg, Germany), Intel Corporation (California, United States), Mocana Corporation (California, United States), New Sky Internet Limited (Hong Kong), NortonLifeLock Inc. (Arizona, United States), Thales Group (Gemalto) (La Défense, France)). These industry leaders use strategies like approvals and market expansion to strengthen their positions in the global Internet of Things (IoT) security technology.
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