Internet of Things IoT Security Market Size | Industry Trends & Growth Insights 2025

Code: MTA10101 Publication Date: Oct 2025

What is the size of the Internet of Things IoT Security Market?

According to 6Wresearch internal database and industry insights, the Global IoT Security Market was valued at USD 11.9 Billion in 2024 and is expected to reach USD 24.7 Billion by 2031, growing at a compound annual growth rate of 8.50% during the forecast period (2025-2031).

The main drivers for this growth can be attributed to: the increase in usage of connected devices, the greater concerns for data security, and the demand for stronger security against the actions of cybercriminals who target IoT networks.

Growth Factors for IoT Security Industry

  • Increase of IoT devices usage in all types of markets, increasing the necessity for strong security measures.
  • Increased concern of cyber threats and vulnerabilities in a large range of connected device networks.
  • Increases in public regulations and standards protecting connected device from malicious attacks.
  • Increased demand for more sophisticated encryption and authentication technology strength devices.
  • Increase in use of AI and machine learning in IoT security platform(s).

IoT Security Market Trends

Trends have emerged in the IoT Security space focused on improving device authentication technologies, improved universal real-time detection of threats, and AI solutions for security measures. Likewise, block chain technology is being examined for assisting in providing better security of IoT data transmission. Moreover, more cloud-based security needs have emerged for both scale and efficiency. Finally, a trend of manufacturers building IoT with security in mind in the design phase when the device still had some insecure component has increased.

Emerging Developments in the IoT Security Market

Emerging developments in the IoT Security market include the integration of AI and ML to predict and mitigate cyber threats in real-time. New advancements in security protocols and end-to-end encryption technologies are enhancing data protection across IoT ecosystems. Additionally, the rise in demand for secure smart home and industrial IoT applications is driving the development of specialized security solutions. Companies are also focusing on edge computing for faster threat detection and response.

List of Leading Companies in the IoT Security Market

Some of the leading companies include:

  • Cisco Systems, Inc.
  • Palo Alto Networks, Inc.
  • IBM Corporation
  • Trend Micro, Inc.
  • Fortinet, Inc.
  • Check Point Software Technologies Ltd.
  • Qualcomm Technologies, Inc.

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