IoT Security Market is Projected to Grow at a Strong CAGR of 22% during the forecast period | Share, Size, Trends and Global Forecast Report

IoT Security Market is anticipated to witness a healthy CAGR of 22% over the forecast period. The market growth is attributed to the accelerating incidences of data breaches and development of smart cities. Evolving need for IoT security systems with multiple variants of attack, growing incidences of ransomware attacks, and rising automation across several industry verticals will stimulate the IoT security market.
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