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#IoT Security Market Growth Analysis: How Will Revenue Trend Over The Forecast Period?#_x000D_
The iot security market size has experienced significant expansion in recent years. It is projected to increase from $11.22 billion in 2025 to $14.86 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 32.4%. This historical growth can be attributed to factors such as an increase in connected device deployments, a rise in iot cyberattacks, the absence of standardized security protocols, the early adoption of smart home technology, and growing enterprise network exposure._x000D_
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The iot security market is projected to undergo substantial expansion in the coming years, with its size expected to reach $45.11 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 32.0%. This anticipated growth during the forecast period is driven by several factors, including the expansion of critical iot infrastructure, increasing regulatory compliance requirements, the adoption of ai-based security analytics, the development of smart cities, and the proliferation of cloud-connected devices. Key trends for this period involve the implementation of zero trust security frameworks for iot, advanced device identity and authentication solutions, cloud-based iot security platforms, ai-driven threat detection specifically for iot, and comprehensive end-to-end encryption for connected devices._x000D_
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#IoT Security Market Growth Momentum: What Factors Are Shaping Demand?#_x000D_
The growth of the IoT security market is anticipated to be driven by the rising incidence of cyberattacks. A cyberattack refers to any unauthorized attempt to gain entry to a computer, network, or system, aiming to illicitly acquire, harm, or interfere with data and operations. This increase in such attacks stems from society’s increasing reliance on digital technologies, which consequently expands the number of potential targets and weaknesses for malicious entities. Solutions for IoT security provide protection for networks, devices, and data against unauthorized entry and possible security breaches. For example, in October 2025, the Australian Signals Directorate, an Australia-based government agency, reported that its Australian Cyber Security Centre (ACSC) handled over 42,500 calls to the Australian Cyber Security Hotline during FY2024–25, marking a 16% increase compared to the prior year. Consequently, the escalating volume of cyberattacks is fueling the expansion of the IoT security market._x000D_
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#IoT Security Market Segment Breakdown: Which Categories Lead On Revenue?#_x000D_
The iot security market covered in this report is segmented – _x000D_
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1) By Type: Network Security, Endpoint Security, Application Security, Cloud Security, Other Types_x000D_
2) By Component: Solution, Services_x000D_
3) By Application: Healthcare And Life Sciences, Infrastructure And Cities, Industrial System And Sensors, Smart Home And Consumer, Transport And Urban Mobility _x000D_
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Subsegments:_x000D_
1) By Network Security: Firewalls, Intrusion Detection And Prevention Systems (IDPS), Virtual Private Networks (VPNs), Network Encryption_x000D_
2) By Endpoint Security: Anti-Malware Solutions, Device Authentication And Access Control, Endpoint Detection And Response (EDR) _x000D_
3) By Application Security: Application Testing (Static And Dynamic), Runtime Application Self-Protection (RASP), Secure Application Development _x000D_
4) By Cloud Security: Cloud Access Security Brokers (CASB), Cloud Data Encryption, Identity And Access Management (IAM) For Cloud _x000D_
5) By Other Types: Identity Management And Authentication, Data Privacy And Protection Solutions, Security Analytics And Threat Intelligence _x000D_
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#IoT Security Market Trends Redefining Industry Growth#_x000D_
Major companies operating in the IoT security market are prioritizing the introduction of advanced solutions, such as cybersecurity platforms, to achieve a competitive advantage. Cybersecurity platforms are centralized solutions crafted to integrate security visibility, analysis, and controls across different security layers and data sources, thereby improving protection, scalability, and performance. For example, in May 2023, Trend Micro Inc., a US-based IT security company, launched Trend Vision One. Trend Vision One functions as a unified cybersecurity platform, built to enable organizations to prepare for, withstand, and rapidly recover from threats with a more empowered security team. The Trend Vision One platform explicitly supports Internet of Things (IoT) security. The platform is engineered to offer comprehensive protection across various domains, including operational technology (OT), which incorporates IoT devices. Trend Vision One also supports hybrid environments, guaranteeing robust security across endpoints, servers, cloud services, and networks. Furthermore, the platform features an extensive set of native security sensors that provide thorough protection against a wide spectrum of threats._x000D_
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#IoT Security Market Leading Players And Competitive Positioning#_x000D_
Major companies operating in the iot security market are AT&T Inc.; Huawei Technologies Co. Ltd.; Siemens AG; Intel Corporation; International Business Machines Corporation; Cisco Systems Inc.; Verizon Enterprises Solutions LLC; HP Enterprise Company LLC; Infineon Technologies AG; Fortinet Inc.; Gemalto NV; ARM Holdings plc; Check Point Software Technologies Ltd.; PTC Inc.; Forgerock Inc.; Trustwave Holdings Inc.; NSIDE Secure Inc.; Allot Communications Ltd.; Armis Inc.; Sophos Group plc; Broadcom Inc.; Wurldtech Security Inc.; Centri Security Inc.; SecuriThings; Mocana Corporation; Newsky Security Inc.; NETCOM On-Line Communication Services Inc.; Palo Alto Networks Inc.; Rapid7 Inc.; SimpliSafe Inc.; Cradlepoint Inc.; SonicWall Inc.; Medigate Corporation; CyberMDX Healthcare Cybersecurity; Entrust Datacard Corporation; Microsoft Corporation; Amazon Web Services; Google LLC; Ericsson AB; Thales Group; Atos SE _x000D_
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#IoT Security Market Regional Breakdown: Where Is Demand Concentrated?#_x000D_
Asia-Pacific was the largest region in the Internet of Things IoT security market in 2025. Asia-Pacific is expected to be the fastest-growing region in the global IoT security market share report during the forecast period. The regions covered in the iot security market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
