IoT Security Market Size, Share, and Trends 2024 to 2034

The global IoT security market size is calculated at USD 45.15 billion in 2025 and is forecasted to reach around USD 383.11 billion by 2034, accelerating at a CAGR of 26.82% from 2025 to 2034. The North America IoT security market size surpassed USD 12.46 billion in 2024 and is expanding at a CAGR of 26.99% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : February 2025
  • Report Code : 4452
  • Category : ICT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on IoT Security Market 

5.1. COVID-19 Landscape: IoT Security Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global IoT Security Market, By Component

8.1. IoT Security Market, by Component

8.1.1. Solutions

8.1.1.1. Market Revenue and Forecast

8.1.2. Services

8.1.2.1. Market Revenue and Forecast

Chapter 9. Global IoT Security Market, By Deployment

9.1. IoT Security Market, by Deployment

9.1.1. Cloud

9.1.1.1. Market Revenue and Forecast

9.1.2. On-premises

9.1.2.1. Market Revenue and Forecast

Chapter 10. Global IoT Security Market, By Enterprise Size

10.1. IoT Security Market, by Enterprise Size

10.1.1. SMEs

10.1.1.1. Market Revenue and Forecast

10.1.2. Large Enterprises

10.1.2.1. Market Revenue and Forecast

Chapter 11. Global IoT Security Market, By Product Type

11.1. IoT Security Market, by Product Type

11.1.1. Network Security

11.1.1.1. Market Revenue and Forecast

11.1.2. End-point Security

11.1.2.1. Market Revenue and Forecast

11.1.3. Application Security

11.1.3.1. Market Revenue and Forecast

11.1.4. Cloud Security

11.1.4.1. Market Revenue and Forecast

11.1.5. Others

11.1.5.1. Market Revenue and Forecast

Chapter 12. Global IoT Security Market, By End-user Industry

12.1. IoT Security Market, by End-user Industry

12.1.1. Consumer IoT

12.1.1.1. Market Revenue and Forecast

12.1.2. Industrial

12.1.2.1. Market Revenue and Forecast

12.1.3. Manufacturing

12.1.3.1. Market Revenue and Forecast

12.1.4. Retail

12.1.4.1. Market Revenue and Forecast

12.1.5. IT and Telecommunication

12.1.5.1. Market Revenue and Forecast

12.1.6. BFSI

12.1.6.1. Market Revenue and Forecast

12.1.7. Transportation and Automotive

12.1.7.1. Market Revenue and Forecast

12.1.85. Energy and Utilities

12.1.8.1. Market Revenue and Forecast

12.1.9. Healthcare

12.1.9.1. Market Revenue and Forecast

12.1.10. Others

12.1.10.1. Market Revenue and Forecast

Chapter 13. Global IoT Security Market, By Application

13.1. IoT Security Market, by Application

13.1.1. Smart Homes

13.1.1.1. Market Revenue and Forecast

13.1.2. Smart Manufacturing

13.1.2.1. Market Revenue and Forecast

13.1.3. Connected Logistics

13.1.3.1. Market Revenue and Forecast

13.1.4. Connected Healthcare

13.1.4.1. Market Revenue and Forecast

13.1.5. Smart Retail

13.1.5.1. Market Revenue and Forecast

13.1.6. Others

13.1.6.1. Market Revenue and Forecast

Chapter 14. Global IoT Security Market, Regional Estimates and Trend Forecast

14.1. North America

14.1.1. Market Revenue and Forecast, by Component

14.1.2. Market Revenue and Forecast, by Deployment

14.1.3. Market Revenue and Forecast, by Enterprise Size

14.1.4. Market Revenue and Forecast, by Product Type

14.1.5. Market Revenue and Forecast, by End-user Industry

14.1.6. Market Revenue and Forecast, by Application

14.1.7. U.S.

14.1.7.1. Market Revenue and Forecast, by Component

14.1.7.2. Market Revenue and Forecast, by Deployment

14.1.7.3. Market Revenue and Forecast, by Enterprise Size

14.1.7.4. Market Revenue and Forecast, by Product Type

14.1.8. Market Revenue and Forecast, by End-user Industry

14.1.8.1. Market Revenue and Forecast, by Application  

14.1.9. Rest of North America

14.1.9.1. Market Revenue and Forecast, by Component

14.1.9.2. Market Revenue and Forecast, by Deployment

14.1.9.3. Market Revenue and Forecast, by Enterprise Size

14.1.9.4. Market Revenue and Forecast, by Product Type

14.1.10. Market Revenue and Forecast, by End-user Industry

14.1.11. Market Revenue and Forecast, by Application

14.1.11.1.

14.2. Europe

14.2.1. Market Revenue and Forecast, by Component

14.2.2. Market Revenue and Forecast, by Deployment

14.2.3. Market Revenue and Forecast, by Enterprise Size

14.2.4. Market Revenue and Forecast, by Product Type  

14.2.5. Market Revenue and Forecast, by End-user Industry

14.2.6. Market Revenue and Forecast, by Application

14.2.7.

14.2.8. UK

14.2.8.1. Market Revenue and Forecast, by Component

14.2.8.2. Market Revenue and Forecast, by Deployment

14.2.8.3. Market Revenue and Forecast, by Enterprise Size

14.2.9. Market Revenue and Forecast, by Product Type  

14.2.10. Market Revenue and Forecast, by End-user Industry

14.2.10.1. Market Revenue and Forecast, by Application  

14.2.11. Germany

14.2.11.1. Market Revenue and Forecast, by Component

14.2.11.2. Market Revenue and Forecast, by Deployment

14.2.11.3. Market Revenue and Forecast, by Enterprise Size

14.2.12. Market Revenue and Forecast, by Product Type

14.2.13. Market Revenue and Forecast, by End-user Industry

14.2.14. Market Revenue and Forecast, by Application

14.2.14.1.

14.2.15. France

14.2.15.1. Market Revenue and Forecast, by Component

14.2.15.2. Market Revenue and Forecast, by Deployment

14.2.15.3. Market Revenue and Forecast, by Enterprise Size

14.2.15.4. Market Revenue and Forecast, by Product Type

14.2.16. Market Revenue and Forecast, by End-user Industry

14.2.16.1. Market Revenue and Forecast, by Application

14.2.17. Rest of Europe

14.2.17.1. Market Revenue and Forecast, by Component

14.2.17.2. Market Revenue and Forecast, by Deployment

14.2.17.3. Market Revenue and Forecast, by Enterprise Size

14.2.17.4. Market Revenue and Forecast, by Product Type

14.2.18. Market Revenue and Forecast, by End-user Industry

14.2.18.1. Market Revenue and Forecast, by Application

14.3. APAC

14.3.1. Market Revenue and Forecast, by Component

14.3.2. Market Revenue and Forecast, by Deployment

14.3.3. Market Revenue and Forecast, by Enterprise Size

14.3.4. Market Revenue and Forecast, by Product Type

14.3.5. Market Revenue and Forecast, by End-user Industry

14.3.6. Market Revenue and Forecast, by Application

14.3.7. India

14.3.7.1. Market Revenue and Forecast, by Component

14.3.7.2. Market Revenue and Forecast, by Deployment

14.3.7.3. Market Revenue and Forecast, by Enterprise Size

14.3.7.4. Market Revenue and Forecast, by Product Type

14.3.8. Market Revenue and Forecast, by End-user Industry

14.3.9. Market Revenue and Forecast, by Application

14.3.10. China

14.3.10.1. Market Revenue and Forecast, by Component

14.3.10.2. Market Revenue and Forecast, by Deployment

14.3.10.3. Market Revenue and Forecast, by Enterprise Size

14.3.10.4. Market Revenue and Forecast, by Product Type

14.3.11. Market Revenue and Forecast, by End-user Industry

14.3.11.1. Market Revenue and Forecast, by Application

14.3.12. Japan

14.3.12.1. Market Revenue and Forecast, by Component

14.3.12.2. Market Revenue and Forecast, by Deployment

14.3.12.3. Market Revenue and Forecast, by Enterprise Size

14.3.12.4. Market Revenue and Forecast, by Product Type

14.3.12.5. Market Revenue and Forecast, by End-user Industry

14.3.12.6. Market Revenue and Forecast, by Application

14.3.13. Rest of APAC

14.3.13.1. Market Revenue and Forecast, by Component

14.3.13.2. Market Revenue and Forecast, by Deployment

14.3.13.3. Market Revenue and Forecast, by Enterprise Size

14.3.13.4. Market Revenue and Forecast, by Product Type

14.3.13.5. Market Revenue and Forecast, by End-user Industry

14.3.13.6. Market Revenue and Forecast, by Application

14.4. MEA

14.4.1. Market Revenue and Forecast, by Component

14.4.2. Market Revenue and Forecast, by Deployment

14.4.3. Market Revenue and Forecast, by Enterprise Size

14.4.4. Market Revenue and Forecast, by Product Type

14.4.5. Market Revenue and Forecast, by End-user Industry

14.4.6. Market Revenue and Forecast, by Application

14.4.7. GCC

14.4.7.1. Market Revenue and Forecast, by Component

14.4.7.2. Market Revenue and Forecast, by Deployment

14.4.7.3. Market Revenue and Forecast, by Enterprise Size

14.4.7.4. Market Revenue and Forecast, by Product Type

14.4.8. Market Revenue and Forecast, by End-user Industry

14.4.9. Market Revenue and Forecast, by Application

14.4.10. North Africa

14.4.10.1. Market Revenue and Forecast, by Component

14.4.10.2. Market Revenue and Forecast, by Deployment

14.4.10.3. Market Revenue and Forecast, by Enterprise Size

14.4.10.4. Market Revenue and Forecast, by Product Type

14.4.11. Market Revenue and Forecast, by End-user Industry

14.4.12. Market Revenue and Forecast, by Application

14.4.13. South Africa

14.4.13.1. Market Revenue and Forecast, by Component

14.4.13.2. Market Revenue and Forecast, by Deployment

14.4.13.3. Market Revenue and Forecast, by Enterprise Size

14.4.13.4. Market Revenue and Forecast, by Product Type

14.4.13.5. Market Revenue and Forecast, by End-user Industry

14.4.13.6. Market Revenue and Forecast, by Application

14.4.14. Rest of MEA

14.4.14.1. Market Revenue and Forecast, by Component

14.4.14.2. Market Revenue and Forecast, by Deployment

14.4.14.3. Market Revenue and Forecast, by Enterprise Size

14.4.14.4. Market Revenue and Forecast, by Product Type

14.4.14.5. Market Revenue and Forecast, by End-user Industry

14.4.14.6. Market Revenue and Forecast, by Application

14.5. Latin America

14.5.1. Market Revenue and Forecast, by Component

14.5.2. Market Revenue and Forecast, by Deployment

14.5.3. Market Revenue and Forecast, by Enterprise Size

14.5.4. Market Revenue and Forecast, by Product Type

14.5.5. Market Revenue and Forecast, by End-user Industry

14.5.6. Market Revenue and Forecast, by Application

14.5.7. Brazil

14.5.7.1. Market Revenue and Forecast, by Component

14.5.7.2. Market Revenue and Forecast, by Deployment

14.5.7.3. Market Revenue and Forecast, by Enterprise Size

14.5.7.4. Market Revenue and Forecast, by Product Type

14.5.8. Market Revenue and Forecast, by End-user Industry

14.5.8.1. Market Revenue and Forecast, by Application

14.5.9. Rest of LATAM

14.5.9.1. Market Revenue and Forecast, by Component

14.5.9.2. Market Revenue and Forecast, by Deployment

14.5.9.3. Market Revenue and Forecast, by Enterprise Size

14.5.9.4. Market Revenue and Forecast, by Product Type

14.5.9.5. Market Revenue and Forecast, by End-user Industry

14.5.9.6. Market Revenue and Forecast, by Application

Chapter 15. Company Profiles

15.1. Broadcom Inc.

15.1.1. Company Overview

15.1.2. Product Offerings

15.1.3. Financial Performance

15.1.4. Recent Initiatives

15.2. IBM Corporation

15.2.1. Company Overview

15.2.2. Product Offerings

15.2.3. Financial Performance

15.2.4. Recent Initiatives

15.3. Intel Corporation

15.3.1. Company Overview

15.3.2. Product Offerings

15.3.3. Financial Performance

15.3.4. Recent Initiatives

15.4. HP Enterprise Company

15.4.1. Company Overview

15.4.2. Product Offerings

15.4.3. Financial Performance

15.4.4. Recent Initiatives

15.5. AT&T Inc.

15.5.1. Company Overview

15.5.2. Product Offerings

15.5.3. Financial Performance

15.5.4. Recent Initiatives

Chapter 16. Research Methodology

16.1. Primary Research

16.2. Secondary Research

16.3. Assumptions

Chapter 17. Appendix

17.1. About Us

17.2. Glossary of Terms

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Frequently Asked Questions

The global IoT security market size is expected to increase USD 383.11 billion by 2034 from USD 35.60 billion in 2024.

The global IoT security market will register growth rate of 26.82% between 2025 and 2034.

The major players operating in the IoT security market are Broadcom Inc. (Symantec Corporation), IBM Corporation, Intel Corporation, HP Enterprise Company, AT&T Inc. and Others.

The driving factors of the IoT security market are the expansion of end-users and adoption of IoT for digital transformation by enterprises.

North America region will lead the global IoT security market during the forecast period 2025 to 2034.

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