Gartner predict that worldwide spending on IoT security will reach $1.5 billion in 2018. Comparing with 2017 IoT security spending will increase by 28% (from $1.2 billion).
Gartner says by 2021, such concerns will push IoT security spending to over $3.1 billion.
Worldwide IoT Security Spending Forecast (Millions of Dollars)
|
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
|
|
Endpoint Security |
240 |
302 |
373 |
459 |
541 |
631 |
|
Gateway Security |
102 |
138 |
186 |
251 |
327 |
415 |
|
Professional Services |
570 |
734 |
946 |
1,221 |
1,589 |
2,071 |
|
Total |
912 |
1,174 |
1,506 |
1,931 |
2,457 |
3,118 |
Source: Gartner (March 2018) https://www.gartner.com/newsroom/id/3869181
