Information Technology (IT) Security: IoT, Cyber and Cloud Securities

Research Report Highlights

The global market for cybersecurity should grow from $113.4 billion in 2019 to $220.2 billion by 2024 with a compound annual growth rate (CAGR) of 14.2% from 2019 .

The scope of the report includes a general outlook of securities in the IT industry. While most of the information is referenced from reports published by iCrowdResearch during the year 2016, 2017 and 2018, market trends and estimates are updated to the latest base year, i.e. 2018. This report covers only cybersecurity, Internet of Things (IoT) security, and cloud security. The cybersecurity market research report covers the following technologies: identity and access management (IAM), encryption, data loss protection (DLP), firewall, antivirus and antimalware, disaster recovery, risk, and compliance management, and other solutions.

The IoT security market is only for the commercialized IoT security solutions. It helps readers to understand how the IoT security solutions market will evolve, as well as the trends that will impact its adoption. The report focuses on security solutions that have been developed or customized to meet the unique needs of IoT systems. Services provided for integrating such solutions or managed security services are not included in the scope of this report.

The cloud security and vulnerability technologies market encompass various technologies used in cloud security and vulnerability applications. The cloud security and vulnerability market by the application is segmented by identity and access management, security information and event management (SIEM), endpoint security, web security, messaging security, network security and vulnerability assessment.

Estimated values used are based on manufacturers' total revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation. The scope is limited to the recent studies published by iCrowdResearch and is thus not exhaustive.

Analyst Credentials

iCrowdResearch staff comprises expert analysts who are skilled in conducting primary research, secondary research and data analysis and have decades of combined experience covering a wide range of industries, including healthcare, advanced materials, and emerging technologies. Collectively, the team represents a diverse set of educational achievements with individual graduate work completed in fields such as microbiology, electrical engineering, business administration, and surgery, among others.