United States IoT security market size reached USD 34.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 296.1 Billion by 2033, exhibiting a growth rate (CAGR) of 23.7% during 2025-2033. The widespread adoption of IoT devices across industries, rising cybersecurity threats, stringent regulatory compliance, the advent of fifth-generation (5G) technology, the integration of artificial intelligence (AI) and machine learning (ML) in security solutions, increased awareness of data privacy, and a growing emphasis on secure IoT products are stimulating the market growth.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 34.8 Billion |
Market Forecast in 2033 | USD 296.1 Billion |
Market Growth Rate (2025-2033) | 23.7% |
Internet of Things (IoT) security is a critical aspect of ensuring the integrity, confidentiality, and availability of data and devices in the interconnected world of IoT. It is crafted meticulously through a combination of hardware and software solutions designed to safeguard the sprawling network of IoT devices, sensors, and systems. They are essential in countering the increasing risks associated with IoT deployments. IoT Security is pivotal in addressing the potential vulnerabilities and threats that can arise in this hyper-connected landscape. It is widely used for protecting devices and data across various sectors, including healthcare, manufacturing, transportation, and smart homes. The advantages of IoT Security are substantial, such as it provides peace of mind by mitigating the risk of unauthorized access and data breaches. It also facilitates compliance with data protection regulations, which have become increasingly stringent worldwide. Furthermore, it aids in the prevention of cyberattacks that can lead to financial losses and damage to an organization's reputation. IoT security encompasses various mechanisms: authentication, encryption, intrusion detection, and software updates. Authentication limits access to authorized entities, encryption protects data, intrusion detection identifies threats, and regular updates patch vulnerabilities, ensuring robust security.
The United States IoT security market is influenced by several key drivers, such as the increasing adoption of IoT devices across various industries, including healthcare, manufacturing, and smart cities, which is compelling organizations to prioritize security measures to safeguard sensitive data and operations. Additionally, the escalating frequency and sophistication of cyberattacks have raised concerns about the vulnerabilities inherent in IoT ecosystems, prompting businesses to invest in robust security solutions, which is fueling the market growth. In line with this, stringent government regulations and compliance requirements, such as the California Consumer Privacy Act (CCPA) and the Health Insurance Portability and Accountability Act (HIPAA), are necessitating comprehensive security strategies for IoT implementations, further fueling the market growth. Moreover, the emergence of 5G technology is poised to further accelerate IoT deployment, making security an even more critical aspect, which is propelling the market growth. Furthermore, the growing awareness among enterprises regarding the potential financial and reputational risks associated with IoT security breaches is driving demand for cutting-edge solutions and services, which is stimulating the market growth in the country.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on component, security type, and vertical.
Component Insights:
The report has provided a detailed breakup and analysis of the market based on the component. This includes solutions and services.
Security Type Insights:
A detailed breakup and analysis of the market based on the security type have also been provided in the report. This includes network security, endpoint security, application security, cloud security, and others.
Vertical Insights:
The report has provided a detailed breakup and analysis of the market based on the vertical. This includes energy and utilities, manufacturing, automotive, transport, consumer electronics, healthcare, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northeast, Midwest, South, and West.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Components Covered | Solutions, Services |
Security Types Covered | Network Security, Endpoint Security, Application Security, Cloud Security, Others |
Verticals Covered | Energy and Utilities, Manufacturing, Automotive, Transport, Consumer Electronics, Healthcare, Others |
Regions Covered | Northeast, Midwest, South, West |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |