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UNITED STATES IOT SECURITY MARKET FORECAST 2021-2026

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UNITED STATES IOT SECURITY MARKET FORECAST 2021-2026

The United States IoT security market is set to grow at a CAGR of 21.15% during the forecast period, 2021-2026. The primary factors influencing the growth of the market in the United States include the rising cyberattacks, the high adoption of advanced technologies, and the increasing number of connected devices. The base year considered for the study is 2020. The US is considered to be one of the dominant regions for IoT deployment. The country is also home to key IoT security vendors like IBM Corporation, FireEye Inc, Symantec Corporation, etc.

UNITED STATES IOT SECURITY MARKET FORECAST 2021-2026

United States IoT Security Market by Security Type (Network Security, Endpoint Security, Cloud Security, Application Security, Other Security Types) by Deployment (on-premise Deployment, Cloud Deployment) by Component (Solution (Device Authentication & Management, Identity Access & Management, Data Encryption & Tokenization, Intrusion Detection & Prevention System, Other Solutions), Services (Consulting, Maintenance, Managed, Other Services)) by Organization Size (Large Enterprises, Small and Medium Enterprises) by Application (Manufacturing, Retail & E-commerce, Government & Defense, Transportation & Logistics, Energy & Utilities, Healthcare, Other Applications)

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The United States IoT security market is set to grow at a CAGR of 21.15% during the forecast period, 2021-2026. The primary factors influencing the growth of the market in the United States include the rising cyberattacks, the high adoption of advanced technologies, and the increasing number of connected devices. The base year considered for the study is 2020.
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The US is considered to be one of the dominant regions for IoT deployment. The country is also home to key IoT security vendors like IBM Corporation, FireEye Inc, Symantec Corporation, etc. Further, the vendors are strengthening the product portfolio and market presence through product innovation. Palo Alto Networks Inc acquired Zongbox, an IoT cybersecurity company, in September 2019. Moreover, the US is witnessing an increased number of cyber threats. The average number of breaches has surged in the last few years, as per the Identity Theft Resource Center (ITRC). The government signed the law to establish the CISA (Cybersecurity and Infrastructure Security Agency) to improve the defense against cyberattacks. Also, there is increasing expenditure on IoT, coupled with the growing digitization in the country, which is set to be beneficial for market growth.

IBM (International Business Machines Corporation) provides IT products and services. The company has five operating segments, cloud & cognitive software, global business services, global technology services, systems, and global financing. The cloud & cognitive business services segment entails delivery system integration, application management, business process outsourcing services, etc. The systems segment provides servers and z/OS, an enterprise operating system for z systems. It is headquartered in Armonk, New York, the United States.

 

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY – UNITED STATES IOT SECURITY
      • MARKET SIZE & ESTIMATES
      • COUNTRY SNAPSHOT
      • COUNTRY ANALYSIS
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
    3. KEY ANALYTICS
      • IMPACT OF COVID-19 ON IOT SECURITY MARKET
      • KEY INVESTMENT INSIGHTS
      •    PORTER’S FIVE FORCE ANALYSIS
        • BUYER POWER
        • SUPPLIER POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRIAL RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • VALUE CHAIN ANALYSIS
    4. MARKET BY SECURITY TYPE
      • NETWORK SECURITY
      • ENDPOINT SECURITY
      • CLOUD SECURITY
      • APPLICATION SECURITY
      • OTHER SECURITY TYPES
    5. MARKET BY DEPLOYMENT
      • ON-PREMISE DEPLOYMENT
      • CLOUD DEPLOYMENT
    6. MARKET BY COMPONENT
      • SOLUTION
        • DEVICE AUTHENTICATION & MANAGEMENT
        • IDENTITY ACCESS & MANAGEMENT
        • DATA ENCRYPTION & TOKENIZATION
        • INTRUSION DETECTION & PREVENTION SYSTEM
        • OTHER SOLUTIONS
      • SERVICES
        • CONSULTING
        • MAINTENANCE
        • MANAGED
        • OTHER SERVICES
    1. MARKET BY ORGANIZATION SIZE
      • LARGE ENTERPRISES
      • SMALL AND MEDIUM ENTERPRISES
    2. MARKET BY APPLICATION
      • MANUFACTURING
      • RETAIL & E-COMMERCE
      • GOVERNMENT & DEFENSE
      • TRANSPORTATION & LOGISTICS
      • ENERGY & UTILITIES
      • HEALTHCARE
      • OTHER APPLICATIONS
    3. COMPETITIVE LANDSCAPE
      •    KEY STRATEGIC DEVELOPMENTS
        • MERGER & ACQUISITIONS
        • PRODUCT LAUNCH & DEVELOPMENTS
        • PARTNERSHIP & AGREEMENTS
        • UNITED STATESINESS EXPANSION
      •    COMPANY PROFILES
        • IBM CORPORATION
        • MICROSOFT CORPORATION
        • FORTINET INC
        • PALO ALTO NETWORKS INC
        • CISCO SYSTEMS INC
        • BROADCOM
        • INFINEON TECHNOLOGIES AG
        • THALES DIGITAL IDENTITY & SECURITY
        • INTEL CORPORATION
        • TREND MICRO INC

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – UNITED STATES IOT SECURITY

    TABLE 2: UNITED STATES IOT SECURITY MARKET, BY SECURITY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 3: UNITED STATES IOT SECURITY MARKET, BY SECURITY TYPE, FORECAST YEARS, 2021-2026 (IN $ MILLION)

    TABLE 4: UNITED STATES IOT SECURITY MARKET, BY DEPLOYMENT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 5: UNITED STATES IOT SECURITY MARKET, BY DEPLOYMENT, FORECAST YEARS, 2021-2026 (IN $ MILLION)

    TABLE 6: UNITED STATES IOT SECURITY MARKET, BY COMPONENT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 7: UNITED STATES IOT SECURITY MARKET, BY COMPONENT, FORECAST YEARS, 2021-2026 (IN $ MILLION)

    TABLE 8: UNITED STATES IOT SECURITY MARKET, BY ORGANIZATION SIZE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 9: UNITED STATES IOT SECURITY MARKET, BY ORGANIZATION SIZE, FORECAST YEARS, 2021-2026 (IN $ MILLION)

    TABLE 10: UNITED STATES IOT SECURITY MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 11: UNITED STATES IOT SECURITY MARKET, BY APPLICATION, FORECAST YEARS, 2021-2026 (IN $ MILLION)

    LIST OF FIGURES

    FIGURE 1: KEY INVESTMENT INSIGHTS

    FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: UNITED STATES IOT SECURITY MARKET, GROWTH POTENTIAL, BY SECURITY TYPE, IN 2020

    FIGURE 6: UNITED STATES IOT SECURITY MARKET, BY NETWORK SECURITY, 2021-2026 (IN $ MILLION)

    FIGURE 7: UNITED STATES IOT SECURITY MARKET, BY ENDPOINT SECURITY, 2021-2026 (IN $ MILLION)

    FIGURE 8: UNITED STATES IOT SECURITY MARKET, BY CLOUD SECURITY, 2021-2026 (IN $ MILLION)

    FIGURE 9: UNITED STATES IOT SECURITY MARKET, BY APPLICATION SECURITY, 2021-2026 (IN $ MILLION)

    FIGURE 10: UNITED STATES IOT SECURITY MARKET, BY OTHER SECURITY TYPES, 2021-2026 (IN $ MILLION)

    FIGURE 11: UNITED STATES IOT SECURITY MARKET, GROWTH POTENTIAL, BY DEPLOYMENT, IN 2020

    FIGURE 12: UNITED STATES IOT SECURITY MARKET, BY ON-PREMISE DEPLOYMENT, 2021-2026 (IN $ MILLION)

    FIGURE 13: UNITED STATES IOT SECURITY MARKET, BY CLOUD DEPLOYMENT, 2021-2026 (IN $ MILLION)

    FIGURE 14: UNITED STATES IOT SECURITY MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2020

    FIGURE 15: UNITED STATES IOT SECURITY MARKET, BY SOLUTION, 2021-2026 (IN $ MILLION)

    FIGURE 16: UNITED STATES IOT SECURITY MARKET, BY DEVICE AUTHENTICATION & MANAGEMENT, 2021-2026 (IN $ MILLION)

    FIGURE 17: UNITED STATES IOT SECURITY MARKET, BY IDENTITY ACCESS & MANAGEMENT, 2021-2026 (IN $ MILLION)

    FIGURE 18: UNITED STATES IOT SECURITY MARKET, BY DATA ENCRYPTION & TOKENIZATION, 2021-2026 (IN $ MILLION)

    FIGURE 19: UNITED STATES IOT SECURITY MARKET, BY INTRUSION DETECTION & PREVENTION SYSTEM, 2021-2026 (IN $ MILLION)

    FIGURE 20: UNITED STATES IOT SECURITY MARKET, BY OTHER SOLUTIONS, 2021-2026 (IN $ MILLION)

    FIGURE 21: UNITED STATES IOT SECURITY MARKET, BY SERVICES, 2021-2026 (IN $ MILLION)

    FIGURE 22: UNITED STATES IOT SECURITY MARKET, BY CONSULTING, 2021-2026 (IN $ MILLION)

    FIGURE 23: UNITED STATES IOT SECURITY MARKET, BY MAINTENANCE, 2021-2026 (IN $ MILLION)

    FIGURE 24: UNITED STATES IOT SECURITY MARKET, BY MANAGED SERVICES, 2021-2026 (IN $ MILLION)

    FIGURE 25: UNITED STATES IOT SECURITY MARKET, BY OTHER SERVICES, 2021-2026 (IN $ MILLION)

    FIGURE 26: UNITED STATES IOT SECURITY MARKET, GROWTH POTENTIAL, BY ORGANIZATION SIZE, IN 2020

    FIGURE 27: UNITED STATES IOT SECURITY MARKET, BY LARGE ENTERPRISES, 2021-2026 (IN $ MILLION)

    FIGURE 28: UNITED STATES IOT SECURITY MARKET, BY SMALL AND MEDIUM ENTERPRISES, 2021-2026 (IN $ MILLION)

    FIGURE 29: UNITED STATES IOT SECURITY MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

    FIGURE 30: UNITED STATES IOT SECURITY MARKET, BY MANUFACTURING, 2021-2026 (IN $ MILLION)

    FIGURE 31: UNITED STATES IOT SECURITY MARKET, BY RETAIL & E-COMMERCE, 2021-2026 (IN $ MILLION)

    FIGURE 32: UNITED STATES IOT SECURITY MARKET, BY GOVERNMENT & DEFENSE, 2021-2026 (IN $ MILLION)

    FIGURE 33: UNITED STATES IOT SECURITY MARKET, BY TRANSPORTATION & LOGISTICS, 2021-2026 (IN $ MILLION)

    FIGURE 34: UNITED STATES IOT SECURITY MARKET, BY ENERGY & UTILITIES, 2021-2026 (IN $ MILLION)

    FIGURE 35: UNITED STATES IOT SECURITY MARKET, BY HEALTHCARE, 2021-2026 (IN $ MILLION)

    FIGURE 36: UNITED STATES IOT SECURITY MARKET, BY OTHER APPLICATIONS, 2021-2026 (IN $ MILLION)

    1. MARKET BY SECURITY TYPE
      • NETWORK SECURITY
      • ENDPOINT SECURITY
      • CLOUD SECURITY
      • APPLICATION SECURITY
      • OTHER SECURITY TYPES
    2. MARKET BY DEPLOYMENT
      • ON-PREMISE DEPLOYMENT
      • CLOUD DEPLOYMENT
    3. MARKET BY COMPONENT
      • SOLUTION
        • DEVICE AUTHENTICATION & MANAGEMENT
        • IDENTITY ACCESS & MANAGEMENT
        • DATA ENCRYPTION & TOKENIZATION
        • INTRUSION DETECTION & PREVENTION SYSTEM
        • OTHER SOLUTIONS
      • SERVICES
        • CONSULTING
        • MAINTENANCE
        • MANAGED
        • OTHER SERVICES
    1. MARKET BY ORGANIZATION SIZE
      • LARGE ENTERPRISES
      • SMALL AND MEDIUM ENTERPRISES
    2. MARKET BY APPLICATION
      • MANUFACTURING
      • RETAIL & E-COMMERCE
      • GOVERNMENT & DEFENSE
      • TRANSPORTATION & LOGISTICS
      • ENERGY & UTILITIES
      • HEALTHCARE
      • OTHER APPLICATIONS

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