IoT Security Market Report 2026

The iot security market size has grown exponentially in recent years. It will grow from $11.22 billion in 2025 to $14.86 billion in 2026 at a compound annual growth rate (CAGR) of 32.4%. The growth in the historic period can be attributed to increase in connected device deployments, rise in iot cyberattacks, lack of standardized security protocols, early smart home adoption, growing enterprise network exposure.

The iot security market size is expected to see exponential growth in the next few years. It will grow to $45.11 billion in 2030 at a compound annual growth rate (CAGR) of 32%. The growth in the forecast period can be attributed to expansion of critical iot infrastructure, regulatory compliance requirements, adoption of ai-based security analytics, growth of smart cities, increasing cloud-connected devices. Major trends in the forecast period include zero trust security frameworks for iot, device identity and authentication solutions, cloud-based iot security platforms, ai-driven threat detection for iot, end-to-end encryption for connected devices.

The increasing number of cyberattacks is expected to propel the growth of the IoT security market going forward. A cyberattack is any attempt to illicitly access a computer, network, or system with the intent to steal, damage, or disrupt data and operations. The rise in cyberattacks is due to society’s growing dependence on digital technologies, which expands the number of potential targets and vulnerabilities for malicious actors. IoT security solutions help protect networks, devices, and data from unauthorized access and potential breaches. For instance, in October 2025, according to the Australian Signals Directorate, a Australia-based government agency, in FY2024-25, the Australian Signals Directorate’s (ASD) Australian Cyber Security Centre (ACSC) received over 42,500 calls to the Australian Cyber Security Hotline, marking a 16% rise from the previous year. Therefore, the rising number of cyberattacks is driving the growth of the IoT security market.

Leading companies in the IoT security market are concentrating on launching advanced solutions, such as cybersecurity platforms, to enhance their competitive positioning. Cybersecurity platforms are centralized solutions that integrate security visibility, analysis, and controls across multiple layers and data sources, thereby improving protection, scalability, and performance. For example, in May 2023, Trend Micro Inc., a US-based IT security firm, unveiled Trend Vision One. This unified cybersecurity platform is designed to help organizations prepare for, withstand, and swiftly recover from threats while empowering their security teams. Trend Vision One includes support for IoT security and provides comprehensive protection across various domains, including operational technology (OT), which involves IoT devices. The platform accommodates hybrid environments, ensuring strong security across endpoints, servers, cloud services, and networks. Additionally, it features a wide array of native security sensors that deliver extensive protection against a broad spectrum of threats.

In September 2023, SecurityBridge GmbH, a Germany-based cybersecurity solutions provider, successfully acquired Protect4S for an undisclosed sum. This strategic acquisition is poised to strengthen SecurityBridge's capacity to provide heightened security solutions to SAP customers while introducing cutting-edge cybersecurity research within the industry. Protect4S, a Netherlands-based SAP security specialist, had previously collaborated with SecurityBridge to enhance SAP security measures.

Major companies operating in the iot security market are AT&T Inc.; Huawei Technologies Co. Ltd.; Siemens AG; Intel Corporation; International Business Machines Corporation; Cisco Systems Inc.; Verizon Enterprises Solutions LLC; HP Enterprise Company LLC; Infineon Technologies AG; Fortinet Inc.; Gemalto NV; ARM Holdings plc; Check Point Software Technologies Ltd.; PTC Inc.; Forgerock Inc.; Trustwave Holdings Inc.; NSIDE Secure Inc.; Allot Communications Ltd.; Armis Inc.; Sophos Group plc; Broadcom Inc.; Wurldtech Security Inc.; Centri Security Inc.; SecuriThings; Mocana Corporation; Newsky Security Inc.; NETCOM On-Line Communication Services Inc.; Palo Alto Networks Inc.; Rapid7 Inc.; SimpliSafe Inc.; Cradlepoint Inc.; SonicWall Inc.; Medigate Corporation; CyberMDX Healthcare Cybersecurity; Entrust Datacard Corporation; Microsoft Corporation; Amazon Web Services; Google LLC; Ericsson AB; Thales Group; Atos SE.

Asia-Pacific was the largest region in the Internet of Things IoT security market in 2025. Asia-Pacific is expected to be the fastest-growing region in the global IoT security market share report during the forecast period. The regions covered in the iot security market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the iot security market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Tariffs have impacted the IoT security market by increasing the cost of imported security hardware, network appliances, and embedded security modules. These increases have affected deployments across industrial systems, smart homes, and infrastructure projects, particularly in regions dependent on cross-border technology supply chains such as Asia-Pacific and Europe. Higher costs have slowed some implementations but increased demand for software-based and cloud security solutions. In the long term, tariffs are driving innovation in domestic security technologies and strengthening regional cybersecurity ecosystems.

The iot security market research report is one of a series of new reports that provides iot security market statistics, including iot security industry global market size, regional shares, competitors with a iot security market share, detailed iot security market segments, market trends and opportunities, and any further data you may need to thrive in the iot security industry. This iot security market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

IoT security pertains to protective measures for cloud-connected devices such as home automation tools, SCADA machines, and security cameras linked directly to the cloud.

Primary types of IoT security include network security, endpoint security, application security, cloud security, among others. Network security involves rule sets and configurations to ensure the integrity, confidentiality, and accessibility of computer networks and data, using software and hardware technologies. Components of the IoT security market comprise solutions and services. Its applications span across healthcare, infrastructure, industrial systems, smart home technology, and transportation sectors.

The Internet of Things iot security market includes revenues earned by entities by offering Internet of Things (IoT) security devices/ software to protect connected network infrastructure. IoT security is a specialized area that provides solutions for safeguarding smart devices, networks, other connected devices and centralized user hubs from unwanted manipulation. This industry includes establishments that provide security solutions to counter IoT security threats such as remote vehicle hijacking, privacy leaks, brute force attacks on passwords and others. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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