1. Market Research
  2. > Advanced IT
  3. > Internet Of Things Market Trends
Secured IoT: Worldwide IoT Security Intelligence, Opportunity, & Innovation 2018 to 2025

Secured IoT: Worldwide IoT Security Intelligence, Opportunity, & Innovation 2018 to 2025

  • June 2018
  • 150 pages
  • ID: 5476246
  • Format: PDF
  • By Researchica

Summary

Table of Contents

The IoT is exceedingly penetrating from industries to consumer and civil applications such as connected homes, connected cars, health monitoring and smart utility meters. It’s true that IoT devices offer exciting opportunities to improve customer satisfaction and engagement. However, they also introduce new security challenges. Which is not just about tapping billions of devices, but also different operating systems, networks, and protocols.
Already we are seeing hacks on IoT applications. In 2012, a malware infected high-risk pregnancy monitors at a Boston hospital in the US. The malware slowed down fetal monitors used on women with high-risk pregnancies being treated in intensive-care wards. In 2014, the European crime agency Europol warned that the IoT creates new types of risks and threats not only in consumer applications but also in critical infrastructure control systems.

In 2016, a group of Chinese researchers found vulnerabilities in the Taiwanese-made Edimax smart plug, a device routinely used for home automation. The team was able to gain access to user credentials by exploiting cryptographic flaws. In 2017, Xiongmai Technology, an IoT camera manufacturer from Hangzhou admitted its cameras had been exploited by the Mirai malware to form part of a botnet and launch a distributed denial-of-service (DDoS) attack targeting websites including Twitter, PayPal, and Spotify. The assault was one of the worst in US history. These are not isolated cases; numerous other security flaws are being reported frequently from all over the world.

Researchica tried to find out why are IoT solutions not secure and is it really that difficult to achieve. Our study revealed that the competition in the IoT space is so ruthless that vendors are rushing products to the market, with security often added as an afterthought (if at all) rather than being built-in from the start. For IoT service providers, speed of delivery and low cost are more important than robust security and thorough testing. It doesn’t help that, currently, IoT devices lack a common set of compliance requirements. However, the scenario is going to change soon as next potential IoT adopter (Industry, consumer or government) refuses to embrace IoT solution lacking strong inbuilt security features. The growing penetration of IoT devices will also force governments to set standard for IoT devices and strict guidelines for security and privacy of data and parties who will be accountable in cases if security is compromised.

This has opened the door to innovation and added a new dimension to the global competition among IoT security solutions providers. Role of specialised IoT security solutions will eventually grow as the market matures. Researchica forecasts that IoT security market will grow to become a US$61.39 billion industry in 2025, growing at a CAGR of 32% during 2018-2025.

This IoT Security Research provides critical analysis of the key business models, strategies and developments, whilst providing insights into the future of the IoT security solutions and approaches. In-depth analysis of the IoT security market is presented separately for platform developers, technology providers, integrators, and end-user industries. The research charts key macro trends, IoT security technology innovation trend, IoT player strategies, and is a must-have purchase for both leaders and start-ups looking to establish a position in this sector.
Researchica’s insightful IoT security research provides in-depth analysis of the future outlook for the IoT security in terms of capabilities, service provider opportunities as well as key market forces.

This research includes analysis and forecasts for major stakeholders of the IoT security market. The research also provides analysis and forecasts for the application of IoT security across key industry sectors, including Industrial Automation, Factory and warehouse, Healthcare, Automotive, Supply Chain / Fleet Management, Oil and Gas, Agriculture, Entertainment & Media, and Military & Aerospace.

Unique Attributes
1. Role of security in making IoT mainstream
2. Breakthrough IoT security innovations
3. Ideal measures for evaluation and selection of IoT security solutions
Questions Answered by the Report
1. What are the most critical security related issues faced by companies that develop and deploy IoT solutions?
2. What are various breakthrough innovations in IoT security domain? What is their scope and importance?
3. How these new innovations can help IoT service provider in assuring secure IoT deployments?
4. What emerging technologies and services are driving the IoT security market?
5. Which type of IoT security solutions is going to be more demandable in the coming years? And, what are the key reasons for their growing demand?
6. What is the projected market potential of IoT security solutions during the next 5 years?

Companies Mentioned in the Report
Bitdefender, LLC, CENTRI Technology Inc, Cisco Systems, Inc, CyberX, Inc, Darktrace Ltd, DigiCert, Inc, Fortinet, Inc, Gemalto NV, IBM Corporation, Infineon Technologies AG, Karamba Security, McAfee, LLC, Mocana Corporation, Palo Alto Networks, Inc, PTC Inc, RSA Security LLC, Symantec Corporation, Trend Micro, Inc, TrustWave Holdings, Inc

Target Audience:
IoT Players, Chip Manufacturers, Sensor Manufacturers, Battery Manufacturers, Semiconductor Companies, IoT Platform Providers, IoT Device Manufacturers, Original Equipment Manufacturers (OEMs), Original Design Manufacturers (ODMs) and OEM Technology Solution Providers, Research Organisations, Technology Standard Organisations, Forums, Alliances and Associations, Technology Investors, Governments, Financial Institutions, and Investment Communities, Analysts and Strategic Business Planners.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
IDC FutureScape: Worldwide Mining 2020 Predictions

IDC FutureScape: Worldwide Mining 2020 Predictions

  • $ 4500
  • October 2019

This IDC study contains the outlook of IDC Energy Insights' analyst team for the worldwide mining industry for 2020-2025. The outlook is presented through the lens of the 10 predictions that make up, in ...

Japan Internet of Things Forecast by Technology, 2019-2023

Japan Internet of Things Forecast by Technology, 2019-2023

  • $ 4500
  • October 2019

This IDC study is a translation of the Japanese document (IDC #JPJ44558619) and analyzes the current Internet of Things (IoT) spending and forecasts spending growth in the IoT market from 2019 to 2023 ...

End User Priorities in Digital Transformation, Europe, 2019

End User Priorities in Digital Transformation, Europe, 2019

  • $ 3000
  • September 2019

Across industries, companies expect to increase their IT and Communications investments by 22%. Almost 100% of businesses in Europe have a digital transformation today; however, 19% believe they are behind ...


ref:plp2018

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on