Global Markets for Security Technologies for the Internet of Things (IoT)
June 2017
The global market for Internet of Things (IoT) security solutions reached nearly $3.7 billion in 2016, and it is expected to grow at a compound annual growth rate (CAGR) of 25.6% over the next five years to reach a market size of more than $11.4 billion by 2021 according to BCC Research. Their report has profiles of current industry players such as SecureRF, including IoT security solution providers and industry groups working toward developing industry standards.