Security News > 2021 > November > IoT security market to reach $52.3 billion by 2026
2021-11-23 04:00
The overall security in IoT market will reach $52.3 billion globally by 2026, while distributed denial of service protection for IoT systems will reach $1.58 globally by 2026, a ResearchAndMarkets report reveals.
Other report findings Driven largely by commercial retrofits, IoT security in smart buildings will reach $4.55 globally by 2026.
The largest deployment mode, cloud-based IoT security solutions will reach $30.33 billion globally by 2026.
IoT security market drivers Convergence of IT and OT security policies.
IoT security market challenges Multivendor nature of IoT business.
IoT devices are already in the market without much security measures.
News URL
https://www.helpnetsecurity.com/2021/11/23/iot-security-market-2026/