Gartner Research

Market Trends: Internet of Things Driving Security Opportunities

Published: 25 June 2014

ID: G00261411

Analyst(s): Earl Perkins , Ruggero Contu

Summary

The Internet of Things will expand the activities of IT security professionals beyond traditional IT security responsibilities. Alongside the IoT growth there, new market opportunities will be made available for TSPs looking to address emerging security issues.

Table Of Contents

Introduction

  • Market Definition

Market Trend

  • High Diversity Impacts Multiple Vertical Industry Segments
    • The Fragmented IoT Ecosystem
    • Regulatory Standards Lacking
    • Market Opportunities to Be Made Available From Data Centers' New Operational Requirements Arising From IoT Deployments
    • Counterbalance Consumer Security Concerns With the Availability of Data-Driven Services
    • Develop a Go-to-Market Approach Directed at the Different Industries' Security Requirements
    • Automotive Industry Will Provide New Market Opportunities
    • Healthcare Not Yet as Mature a Market, but Demand Expected to Increase
    • Utility Industry Provides One of the Largest Market Opportunities
  • Market Structure Trend
    • An Emerging IoT Security Market
  • Technology Trend
    • Commoditization Enabling Expansion of IoT
    • Immature Technology and Lack of Security Planning Will Drive Demand for New Security Tools and Services
    • How to Deal With Data Explosion

Contrarian View

  • A Massive Security Attack on IoT Public Infrastructure Will Temporarily Slow IoT Adoption but Will Reinforce the Importance of Secure Solutions and the Market Will Emerge Stronger

Vendors to Watch

  • Axway
  • Icon Labs
  • Wind River

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