The Future of IoT Security

Description

Technology Strategies for Securing Connectivity, Devices, Data, Applications and Networks from Cyberthreats

IoT security refers to cybersecurity measures taken to protect connected devices and networks. With the increasing volume of data being transmitted from external sources and the larger attack surface in the IoT era, the need for robust security solutions has become crucial for reliable IoT operations.

Malfunctioning or compromised IoT devices, whether malicious or accidental, can pose significant risks to consumers, businesses, and societies. Limited compute and storage capabilities, high volumes of data, and industry fragmentation present unique challenges in securing the IoT.

The demand for IoT security is driven by the increasing internet penetration and rapid technological advancements that have enabled high-speed internet connectivity.

Key Features

To be a component of the Internet-of-Things (IoT) Frost & Sullivan considers any product, application, or service that is a part of a larger solution that comprises these 4 elements:

Objects that are virtualized and imbued with data measurement capabilities
The ability to grant identities to physical and virtual objects
Interconnections between these objects for monitoring and interaction
The ability to generate real-time insights from data and incorporate them into existing business processes

The analytics covers the following:

Key IoT security strategies: overview, current trends, and recent developments
Profiles of top tech companies in the ecosystem
Drivers and restraints for market growth
Forecasts of IoT security by type and by segment
Growth opportunities for market participants

Product Code: K95C-67

Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Internet of Things (IoT) Security Industry
Growth Opportunities Fuel the Growth Pipeline Engine™

Definitions

Definition of IoT
IoT Devices Forecast
IoT Devices Forecast by Application
IoT Security: Ecosystem Components-Global, 2023
Overview of IoT Security
Importance of Device Discovery, Threat Detection, and Incident Response for IoT Security
Key Attributes for Device Protection in IoT Security
Process Simplification, Consumer Empowerment, and Ongoing Protection for Effective IoT Security
Essential Processes and Security Functions for Device Lifecycle Protection
Risks and Threats in IoT Security
Challenges of IoT Security
Common IoT Security Vulnerabilities
IoT Malware Attacks Worldwide
Share of IoT Device Vulnerability-2021
Key IoT Security Strategies
Top IoT Security Trends
Recent Developments in IoT Security

Growth Opportunity Analysis

Scope of Analysis
Segmentation by Type
Segmentation by Segment
Key Competitors by Segment
Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Restraints
Growth Restraint Analysis
Forecast Assumptions
Revenue Forecast
Revenue Forecast by Type
Revenue Forecast by Segment
Revenue Forecast Analysis
Revenue Forecast Analysis by Type
Revenue Forecast Analysis by Segment

Companies to Watch-2023

Microsoft
AWS
IBM
Palo Alto Networks
Telefonica Tech
HPE Aruba Networking
Fortinet
Thales

Growth Opportunity Universe

Growth Opportunity 1: Integration of AI, ML, and Blockchain into IoT Security Solutions
Growth Opportunity 2: IoT Cloud Security
Growth Opportunity 3: IoT Network Security
Growth Opportunity 4: IoT Software Security
Growth Opportunity 5: IoT Managed Services Security
Growth Opportunity 6: IoT Enterprise Security
Growth Opportunity 7: IIoT Security

Appendix

Definition
List of Exhibits
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