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IoT Security Market Value Analysis: What Growth Is Expected Over The Forecast Period?
The iot security market has experienced rapid expansion in recent years. It is anticipated to increase from $11.22 billion in 2025 to $14.86 billion in 2026, achieving a compound annual growth rate (CAGR) of 32.4%. Historically, this growth has been influenced by an increase in connected device deployments, a rise in iot cyberattacks, the absence of standardized security protocols, early smart home adoption, and growing enterprise network exposure.
The iot security market is projected to experience substantial expansion in the coming years. It is anticipated to reach $45.11 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 32.0%. This growth during the forecast period stems from factors such as the broadening of vital iot infrastructure, the necessity for regulatory compliance, the implementation of AI-based security analytics, the development of smart cities, and the proliferation of cloud-connected devices. Key trends anticipated during this period encompass zero trust security frameworks for iot, solutions for device identity and authentication, cloud-based iot security platforms, AI-driven threat detection specifically for iot, and end-to-end encryption for all connected devices.
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#IoT Security Market Growth Factors: Which Forces Are Supporting Market Expansion?
The escalating volume of cyberattacks is anticipated to fuel the expansion of the IoT security market. A cyberattack constitutes any endeavor to unlawfully gain entry to a computer, network, or system, with intentions of data theft, harm, or operational disruption. The surge in cyberattacks stems from society’s increasing reliance on digital technologies, which broadens the array of potential targets and weaknesses for malicious actors. IoT security solutions offer protection for networks, devices, and data against unauthorized access and potential breaches. For instance, in October 2025, according to the Australian Signals Directorate, a government agency based in Australia, its Australian Cyber Security Centre (ACSC) registered over 42,500 calls to the Australian Cyber Security Hotline in FY2024–25, indicating a 16% rise from the preceding year. Consequently, the growing frequency of cyberattacks is propelling the development of the IoT security market.
IoT Security Market Segment Breakdown: Which Categories Generate The Most Revenue?
The iot security market covered in this report is segmented –
1) By Type: Network Security, Endpoint Security, Application Security, Cloud Security, Other Types
2) By Component: Solution, Services
3) By Application: Healthcare And Life Sciences, Infrastructure And Cities, Industrial System And Sensors, Smart Home And Consumer, Transport And Urban Mobility
Subsegments:
1) By Network Security: Firewalls, Intrusion Detection And Prevention Systems (IDPS), Virtual Private Networks (VPNs), Network Encryption
2) By Endpoint Security: Anti-Malware Solutions, Device Authentication And Access Control, Endpoint Detection And Response (EDR)
3) By Application Security: Application Testing (Static And Dynamic), Runtime Application Self-Protection (RASP), Secure Application Development
4) By Cloud Security: Cloud Access Security Brokers (CASB), Cloud Data Encryption, Identity And Access Management (IAM) For Cloud
5) By Other Types: Identity Management And Authentication, Data Privacy And Protection Solutions, Security Analytics And Threat Intelligence
IoT Security Market Innovation Trends: Which Developments Are Transforming The Industry?
Companies leading the IoT security market are focused on rolling out advanced solutions, such as cybersecurity platforms, to gain an edge. These cybersecurity platforms are centralized systems built to integrate security visibility, analysis, and controls across different security layers and data sources, improving protection, scalability, and overall performance. For example, in May 2023, Trend Micro Inc., a US-based IT security company, released Trend Vision One. Trend Vision One is a unified cybersecurity platform crafted to assist organizations in preparing for, resisting, and swiftly recovering from threats, empowering their security teams. The Trend Vision One platform does support Internet of Things (IoT) security. It is engineered to offer extensive protection across various domains, including operational technology (OT), which covers IoT devices. Trend Vision One supports hybrid environments, providing strong security across endpoints, servers, cloud services, and networks. The platform includes a wide range of native security sensors that deliver thorough protection against diverse threats.
IoT Security Market Key Players And Strategic Industry Positioning
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
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IoT Security Market Regional Outlook: Where Are The Largest Opportunities Located?
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.
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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.