IIoT security market in APAC to reach USD 869.51 M in 2023

reogma|IIoT security market in APAC to reach USD 869.51 M in 2023

The Market Size of the APAC IIoT Security Market is estimated to be worth USD 489 Million in 2018 and is expected to grow at a CAGR of 12.2% to reach a Market size of USD 869.51 Million in 2023

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Drivers
  • Market Restraints
  • Industry Challenges
  • Technology Trends
  • Other Key Market  Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Distribution Chain Analysis
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References
  • Appendix

Definition / Scope

Various equipment’s and components in an industrial set-up such as controllers, servers, remote terminals, monitoring equipment and sensors are connected to the internet. Further computer systems, applications, moving assets to the cloud or even remote facilities connected to the Wide Area Network (WAN) require internet usage. All these are performed to gather real-time insights for enhanced decision making.

This is increasing the attack surface.

Adding several IoT devices to the network is creating challenges for managing security as they may transmit sensitive data. Further with the convergence of IT/OT, the attack surface is increasing with higher risk exposure. IT specialists are focusing on the IT Network exposure with little insights on OT infrastructure. They focus on legacy applications that are difficult to upgrade.

They also have limited opportunities for patch management due to the increase in vulnerabilities. IoT devices are under attack due to reasons such as poor installation of different codes and devices and lack of security professionals in IoT Security.

To meet the challenges of growing complexity of attacks several vendors are offering security solutions across the IIoT Architecture and not just for IT/OT network to provide security for every potential threat.

reogma|IIoT security market in APAC to reach USD 869.51 M in 2023


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The Market Size of the APAC IIoT Security Market is estimated to be worth USD 489 Million in 2018 and is expected to grow at a CAGR of 12.2% to reach a Market size of USD 869.51 Million in 2023 Definition / Scope Market Overview Market Risks Top Market Opportunities […]
reogma|IIoT security market in APAC to reach USD 869.51 M in 2023reogma|IIoT security market in APAC to reach USD 869.51 M in 2023

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