Security News > 2016 > July > The explosive growth of the IoT security market (Help Net Security)

The IoT security market is estimated to grow from USD 7.90 billion in 2016 to USD 36.95 billion by 2021, at a CAGR of 36.1%, according to MarketsandMarkets. The major forces driving the IoT security market are rise in security concerns for critical infrastructures such as utilities, smart grids, and manufacturing facilities and stringent regulations and compliance requirements. Nowadays, cloud-based security solutions are providing good opportunities for the growth of the IoT security market by … More →

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