Top Five IoT Security Market Companies
Rising security concerns for critical IT infrastructure and growing IoT security regulations are expected to drive Global IoT security market growth through 2027. In 2021, the world witnessed an alarming 105% surge in ransomware cyberattacks, owing to rise in remote work and presence of compromised IoT devices. As the cyber security threats are increasing at a significant rate, organizations are investing in IoT security solutions to safeguard against ransomware, malware, and phishing threats. Rise in adoption of cybersecurity measures is presenting growth opportunities for players involved in the IoT security services and products. Here are the top five IoT security companies that are contributing significantly to the global IoT security market growth. Cisco System, Inc. Specialized in designing, manufacturing, and selling of Internet Protocol (IP) licenses, and other networking technologies, Cisco System is multinational leader in networking & communication devices. Ke...