The global IoT Security market is segmented by Application Area into Connected Healthcare, Smart Government and Defense, Smart Transportation, Smart Retail, Smart Manufacturing, Smart Energy and Utilities, Connected Logistics, Smart Home and Consumer Electronics, and Others. The report also bifurcates the global IoT Security market based on Solution into Public Key Infrastructure Lifecycle Management, Distributed Denial of Service Protection, Security Analytics, Identity Access and Management, Data Encryption and Tokenization, Intrusion Detection System and Intrusion Prevention System, Device Authentication and Management, Secure Software and Firmware Update, Secure Communications, and Others. The development of the market can be attributed to the rising adoption of cloud based services for authentication process.
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