Internet of Things (IOT) Security Market: Opportunity Analysis 2017-2023
The rise in the global cyber-attacks, increased dependency on the connected devices, and the need to keep the connected device secure drive the market growth. However, factors such as lack of trained workforce and less awareness about the importance of the IoT security solutions hinder the market growth. Moreover, the increase in the IoT security expenditure by the enterprises in the developing economies is projected to provide the lucrative growth opportunities to the market.
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