INTERNET OF THINGS (IOT) SECURITY MARKET ANALYSIS
Global Internet of Things (IoT) Security Market: Regional Insights
North America accounted largest for the market share in the global internet of things (IoT) security market in 2016. This is owing to increasing adoption of IoT in a single smart interface of smartphones, PCs, and tablets and rising cybercrimes are expected to be major factors for fuelling demand for integrated IoT security solutions in various sectors such as government, defense and healthcare. For instance, in May 2017, the WannaCry ransomware attack affected number of computers from Taiwan to the U.K. and the U.S. These are some major factors expected to boost the regional IoT security market growth.
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