Booming Opportunities in IoT Cybersecurity: More Than 100 Vendors Aim to Claim Stake in Converging Ecosystem

image
12 Apr 2016

ABI Research, the leader in transformative technology innovation market intelligence, postulates IoT will be the next big market for the cybersecurity industry. While it remains a fragmented market that has yet to consolidate, the ecosystem is expanding with vendors finding their way into three groups: hardware (chipset/SoC/microcontroller), firmware/software (embedded OS/RTOS/hypervisor), and applications (platform/cloud/service/analytics) across a wide range of verticals, including automotive, smart home, healthcare, and energy.

“There is growing interest and requirement for improved levels of security to be designed into products, devices, and networks to protect data, combat fraud, and prevent criminal hacking,” says Michela Menting, Research Director at ABI Research. “While there is no one ‘go-to’ company, with so many IoT and security vendors making a stake, the prospects for successfully penetrating the market are high for new players and entrenched leaders alike. Promising opportunities, and undeniably challenges, will center on securing assets, protecting data, and ensuring privacy.”

Market players pioneering the expansion of the IoT cybersecurity vendor ecosystem include Qualcomm, Gemalto, G&D, ARM, Imagination Technologies, Deutsche Telekom, Symantec, Wind River, QNX, Green Hills, Freescale, General Dynamics, Commsignia, Covisint, Cryptosoft, Waterfall Security, Oracle, Intel, Harman (TowerSec), Bastille, Rambus, Escrypt, Inside Secure, and ForgeRock among many others.

Standardization and guideline developments are still in the early stages. Numerous groups, including the Cloud Security Alliance, the Trusted Computing Group, the OWASP IoT Project, the IEE, GSMA, NFC Forum, ISO, GlobalPlatform, and IoT Security Foundation, among others, are working on different aspects of security standards, from hardware designs to network connectivity. “When mapping out these new standards, it is important to keep in mind numerous considerations, such as small footprints, lightweight agents, low energy consumption, mobile assets, and permeable networks,” concludes Menting.

These findings are part of ABI Research’s Cybersecurity Technologies Service, which includes research reports, market data, insights, and competitive assessments.

# # #

About ABI Research

For more than 25 years, ABI Research has stood at the forefront of technology market intelligence, partnering with innovative business leaders to implement informed, transformative technology decisions. The company employs a global team of senior analysts to provide comprehensive research and consulting services through deep quantitative forecasts, qualitative analyses and teardown services. An industry pioneer, ABI Research is proactive in its approach, frequently uncovering ground-breaking business cycles ahead of the curve and publishing research 18 to 36 months in advance of other organizations. In all, the company covers more than 60 services, spanning 11 technology sectors. For more information, visit www.abiresearch.com.

 

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research 是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.

Contact ABI Research

Media Contacts

Americas: +1.516.624.2542
Europe: +44.(0).203.326.0142
Asia: +65 6950.5670

Related Service