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Report Overview
The IoT security market size surpassed USD 25.86 Billion in 2025. With a projected CAGR of 21.80% from 2026-2035, the global market is expected to reach USD 185.82 Billion by 2035.
North America plays a key role in this growth, driving advancements in IoT security across industries. The IoT security market is rapidly expanding as IoT networks face increasing cyber-attacks. With IoT device traffic growing, the need for robust security management becomes critical to protect sensitive data from unencrypted transmissions. As IoT devices become integral to industries worldwide, securing IoT networks from potential threats has never been more important. The rising IoT threat landscape highlights the necessity for advanced IoT security solutions to safeguard the Internet of Things, ensuring the protection of data across IoT-enabled environments.
2025
Base Year
2019-2025
Historical Period
2026-2035
Forecast Period
Key Industry Players
Key players in the market have recognised strategic collaborations and partnerships as a practical business approach
Key industry players in the global IoT security market include major technology companies and cybersecurity firms that provide innovative solutions to protect connected devices. These players focus on developing advanced security measures to address emerging threats and ensure the safety of IoT networks. Their strategies involve strategic partnerships, acquisitions, and continuous product development to maintain leadership in this rapidly evolving market.
Cisco Systems Inc.: Headquartered in California, United States, Cisco Systems Inc. was established in 1984. The company is a global leader in IT and networking, providing innovative IoT security solutions to help protect connected devices and networks. Cisco’s IoT security products focus on ensuring privacy, integrity, and availability, addressing emerging threats in the rapidly growing IoT market.
IBM Corporation: Founded in 1911 and headquartered in New York, United States, IBM Corporation is a multinational technology company offering a range of IoT security solutions. With its focus on artificial intelligence and cloud computing, IBM develops advanced security measures to safeguard IoT ecosystems. Their services help businesses secure devices and data, enhancing operational efficiency and reducing risks.
Intel Corporation: Intel Corporation, established in 1968 and headquartered in California, United States is a leading global technology company. Intel is known for its innovative microprocessors and IoT solutions, providing robust security technologies to protect connected devices. Its IoT security offerings focus on delivering reliable, scalable solutions to meet the growing need for secure, data-driven environments.
List Of Key Companies Profiled
- Cisco Systems Inc.
- IBM Corporation
- Intel Corporation
- Thales Group (Gemalto)
- Forgerock
- Infineon Technologies AG
- Mocana Corporation
- NortonLifeLock Inc.
- Allot Ltd.
- Fortinet, Inc.
- New Sky Internet Limited
- Microsoft Corporation
- Optiv Security Inc.
- Palo Alto Networks
- Others
IoT Security Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2025, the global market for IoT security reached a size of USD 25.86 Billion.
The market is expected to grow at a CAGR of 21.80% during the forecast period of 2026-2035.
The market is expected to reach a value of USD 185.82 Billion by 2035.
The expansion of IoT deployments and the rising frequency of malware attacks are key factors contributing to the growth of the market.
The growing development of blockchain can provide new development opportunities to the market and the implementation of advanced technologies such as artificial intelligence, and machine learning can significantly improve the market.
The regional markets for the market include North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The components available in the market include solutions and services.
The deployment modes in the market include on-premises and cloud-based.
The security types in the market include network security, endpoint security, application security, and cloud security, among others.
The different organization sizes operating in the market include small and medium-sized enterprises and large enterprises.
The end-user industries that utilise IoT security solutions include manufacturing, IT and telecommunication, BFSI, government and defence, transportation and automotive, healthcare, energy and utilities, among others.
Key players in the market include Cisco Systems Inc., IBM Corporation, Intel Corporation, Thales Group (Gemalto), Forgerock, Infineon Technologies AG, Mocana Corporation, NortonLifeLock Inc., Allot Ltd., Fortinet, Inc., New Sky Internet Limited, Microsoft Corporation, Optiv Security Inc., and Palo Alto Networks, among others.
Within the security type segment, the network security category is anticipated to dominate throughout the forecast period.
North America is projected to account for a significant share, with the presence of key market players in the region likely to drive market growth.
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