IoT Security Market to Grow to $56.2 Billion by 2029
The global IoT security market size is projected to grow from USD 24.2 billion in 2024 to USD 56.2 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 18.4% during the forecast period.
Organizations face significant financial losses and reputational damage because of increasing cyberattacks on IoT devices. This has made the organizations aware and adopt robust security solutions to protect...