Press Release
Press Release
North America holds a significant market share in the market due to the presence of leading technological firms such as IBM Corporation and Microsoft Corporation in countries like the United States. The information technology (IT) sector contributes significantly to the American economy while also generating inventive goods and services that encourage widespread growth.
The IT sector enables about one-fifth (19%) of all private sector jobs in the US economy. To safeguard our digital assets, such as private and sensitive financial data and intellectual property, cybersecurity is crucial. The increased rate of cybercrime and theft necessitates the IoT security market growth.
The increasing rate of cyberattacks and the development of enhanced cybersecurity protection support the market growth. In November 2023, Microsoft Corporation (NASDAQ: MSFT) launched a new initiative to pursue the next generation of cybersecurity protection, the Secure Future Initiative (SFI).
Under the initiative, Microsoft aims to improve cybersecurity protection. Its three main pillars will be the advancement of basic software engineering, AI-based cyber defences, and the promotion of stricter enforcement of international laws to shield citizens from online threats.
With advancements in artificial intelligence, opposing activities and innovations have been launched by cybercriminals and nation-state attackers, endangering security and stability in communities and countries worldwide.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major players in the global IoT security market are Microsoft Corporation, Optiv Security Inc., Intel Corporation, Cisco System Inc., Palo Alto Networks, Fortinet, Inc., and IBM Corporation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Component |
|
Breakup by Deployment Mode |
|
Breakup by Security Type |
|
Breakup by Organisation Size |
|
Breakup by End User Industry |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.