2026 US 495025 Mn Global Internet of Things IoT Security Market is expecte
The global Internet of Things security market was valued at US$ 5,654.5 Mn in 2016 and is projected to reach US$ 49,502.5 Mn in 2026 at a CAGR of 34.9% from 2017 to 2026. The hardware segment in the global Internet of Things security market is estimated to account for the major revenue share of 45.7% in 2017, owing to factors such as increasing use of security-enabled hardware components.
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