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Internet of Things (IoT) Security: North American Markets to 2023

  • ID: 4721293
  • Report
  • Region: North America, United States
  • 62 Pages
  • BCC Research
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FEATURED COMPANIES

  • BAE Systems Inc.
  • Centri Technology
  • Cisco Systems Inc.
  • Forgerock
  • Infineon Technologies Ag
  • Intel Corp.
  • MORE

Report Scope:

This report provides an in-depth analysis of the North American Internet of Things (IoT) security markets and its segments, including solution, type, end-user application and country. It discusses the different segments of IoT security solutions to derive specific market estimations. The type segment includes hardware and software components. Type of securities includes device layer security, network layer security, application and cloud layer security, threat detection and management solutions and security platforms. In the end-user application segment, commercial end-user applications include automotive, healthcare and smart cities. Consumer applications include smart homes and smart wearables. The report also discusses strategies adopted by major players in the North American Internet of Things (IoT) security markets.

Market size is provided for 2017 (considered as base year), 2018 and 2023. Estimated values are based on manufacturers’ total revenues.

The Report Includes:

  • 12 data tables
  • An in-depth overview and industry analysis of North American markets for security technologies for the Internet of Things (IoT)
  • Analyses of global market trends, with data from 2017 to 2018, and projections of compound annual growth rates (CAGRs) through 2023
  • Quantification of the market potential for North American markets for security technologies for the IoT applications by solution, type, end-user, application industry, and country
  • A look at key trends in the market, including industry trends, fast growth in vulnerability, IT security, and adoption of managed security service providers
  • Descriptive study with a focus on various organizations and inorganic market development strategies for developing advanced security solutions and client networks through product innovation, business expansion, partnerships, and mergers and acquisitions strategies
  • Technological assessment of the competitive landscape and company profiles of major IoT security solution providers, including BAE Systems Inc., Cisco Systems Inc., Infineon Technologies, Intel Corp., Symantec, Corp. and Thales e-Security Inc.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BAE Systems Inc.
  • Centri Technology
  • Cisco Systems Inc.
  • Forgerock
  • Infineon Technologies Ag
  • Intel Corp.
  • MORE

Chapter 1 Introduction

  • Study Goals and Objectives
  • Reasons for Doing This Study
  • Scope of the Report
  • Research Methodology
  • Intended Audience
  • Analyst’s Credentials
  • Custom Research
  • Related Reports

Chapter 2 Summary and Highlights

Chapter 3 Market Overview

  • Market Definition
  • IoT Data Security Standards and Regulations
  • IEEE Standards
  • FIPS 140-2
  • Common Criteria EAL5+
  • IETF ACE
  • Open Trust Protocol
  • Application Authentication Standards: OAUTH 2.0
  • IoT Security Framework
  • Hardware-based Versus Software-based Security
  • IoT Security Considerations
  • Secure Boot
  • Implementing Secure Boot with TrustZone and a TEE
  • Session Authentication: Roots of Truth
  • Device and Data Authentication: Techniques and Standards
  • IoT Data Encryption: Techniques and Standards
  • Common Techniques for Attacks at the IoT Device Level
  • Simple Power Analysis and Differential Power Analysis Attack
  • Public Key Infrastructure Model
  • Security at the Network Connectivity Layer
  • Securing IoT Solutions and Applications through Different Techniques
  • Security, Management and Updating of Devices
  • Market Drivers
  • Surging Demand for Cloud-Based Enterprise Applications
  • Growth in Digitalization and IoT Security Spending
  • Surging Demand for Security Solutions in Auto and Healthcare Industries
  • Market Restraints
  • Lack of IoT Security Standards
  • Market Opportunities
  • IoT Platforms and Networks as Market Opportunities

Chapter 4 Market Breakdown by Component

  • North American IoT Security Markets by Component
  • Hardware-based Security
  • Software-based Security
  • Market Size and Forecast

Chapter 5 Market Breakdown by Solution

  • North American IoT Security Markets by Solution
  • Device Layer Security
  • Network Layer Security
  • Application and Cloud Layer Security
  • Market Solutions for IoT Applications and Cloud Layer Security
  • Threat Detection and Management Solutions
  • Security Platforms
  • Market Size and Forecast

Chapter 6 Market Breakdown by End-User Application

  • Introduction
  • Industrial
  • Commercial
  • Consumer
  • Market Size and Forecast

Chapter 7 Market Breakdown by Country

  • Introduction
  • Market Size and Forecast
  • U.S.
  • Canada
  • Mexico

Chapter 8 Competitive Analysis

  • Market Share Analysis
  • Analysis of Key Development Strategies
  • Key Market Developments

Chapter 9 Company Profiles

  • BAE SYSTEMS INC.
  • Company Overview
  • Recent Developments
  • CENTRI TECHNOLOGY
  • Company Overview
  • Recent Developments
  • CISCO SYSTEMS INC.
  • Company Overview
  • FORGEROCK
  • Company Overview
  • HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP (ARUBA)
  • Company Overview
  • Recent Development
  • INFINEON TECHNOLOGIES AG
  • Company Overview
  • Recent Development
  • INTEL CORP.
  • Company Overview
  • RAPID7
  • Company Overview
  • SOPHOS LTD.
  • Company Overview
  • Recent Developments
  • SYMANTEC CORP.
  • Company Overview
  • THALES E-SECURITY INC.
  • Company Overview
  • Recent Development

List of Tables
Summary Table: North American IoT Security Markets, by End-User Application, Through 2023
Table 1: North American IoT Security Markets, by Component, Through 2023
Table 2: North American Markets for IoT Device Layer Security Solutions, by Application, Through 2023
Table 3: North American Markets for IoT Network Security, by Technology, Through 2023
Table 4: North American Markets for IoT Application and Device Cloud Security, by Application, Through 2023
Table 5: North American Markets for Security Platforms, by Type, Through 2023
Table 6: North American IoT Security Markets, by Solution, Through 2023
Table 7: North American IoT Security Markets, by End-User Application, Through 2023
Table 8: North American IoT Security Markets, by Country, Through 2023
Table 9: U.S. IoT Security Market, by Component, Through 2023
Table 10: U.S. IoT Security Market, by Solution, Through 2023
Table 11: U.S. IoT Security Market, by End-User Application, Through 2023
Table 12: Key Strategies Used by Companies in the North American IoT Security Markets, January 2016 to November 2018

List of Figures
Summary Figure: North American IoT Security Markets, by End-User Application, 2017-2023
Figure 1: Typical Architecture of IoT Systems and Security Layers
Figure 2: North American IoT Security Markets, by Component, 2017-2023
Figure 3: North American IoT Security Markets, by Solution, 2017-2023
Figure 4: North American IoT Security Markets, by End-User Application, 2017-2023
Figure 5: North American IoT Security Markets, by Country, 2017-2023
Figure 6: North American IoT Security Market Share, by Vendor, 2017
Figure 7: Key Development Strategies Employed in the North American IoT Security Markets, 2017-2018

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BAE Systems Inc.
  • Centri Technology
  • Cisco Systems Inc.
  • Forgerock
  • Infineon Technologies Ag
  • Intel Corp.
  • MORE

The North American IoT security markets are experiencing good market growth rate, which is creating intense competition. Consequently, many clouds and managed service providers are facing intense competition from in-house IT teams for IoT security solution deployment. Many upcoming IoT projects intend to implement in-house security systems to implement various security solutions. This may work well in the proof-of-concept stage, but in the longer term, many in-house solutions cannot scale to meet the demands of IoT projects. IoT solution providers who can benefit such companies with purpose-built, modular solutions are using the SaaS model. This is expected to be best prepared to meet the demand for
IoT security as the IoT market matures and the need for security increases.

In recent years, the IoT security markets in the U.S. has benefitted solution developers, which should drive the development and penetration of new technologies and solutions. Solution and service providers should be attuned to new developments and identify which new solutions would fit their IoT portfolio. During the forecast period, a considerable amount of this activity is expected in the U.S. market.

Surging demand for cloud-based enterprise applications is a key driver of the North American IoT security markets. Cloud-based solutions depend on internet connectivity to function in a hosted environment. As a result, the risks of cyber attacks and other threats are constant, which is a growth factor for cyber security providers. Other growth factors include the growth in digitalization and IoT security spending, and the increasing demand for security solutions for connected cars and connected healthcare services. Moreover, the industry has been seeing various partnerships and new product launches in the IoT security field in the region. Some of the major players who are involved in these strategic developments are Sophos, Thales eSecurity, Infineon, BAE Systems, and CENTRI Technology.

Note: Product cover images may vary from those shown
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  • BAE Systems Inc.
  • Centri Technology
  • Cisco Systems Inc.
  • Forgerock
  • Hewlett Packard Enterprise Development Lp (Aruba)
  • Infineon Technologies Ag
  • Intel Corp.
  • Rapid7
  • Sophos Ltd.
  • Symantec Corp.
  • Thales E-Security Inc.
Note: Product cover images may vary from those shown
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