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North America IoT Security Market Size, Share & Trends Analysis Report By Component (Solutions, and Services), By Security Type, By End-use, By Country and Growth Forecast, 2025 - 2032

Published Date : 22-Apr-2025

Pages: 131

Report Format: PDF + Excel

The North America IoT Security Market would witness market growth of 24.5% CAGR during the forecast period (2025-2032).

The US market dominated the North America IoT Security Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $39,966.1 million by 2032. The Canada market is exhibitng a CAGR of 27.2% during (2025 - 2032). Additionally, The Mexico market would experience a CAGR of 26.1% during (2025 - 2032).

North America IoT Security Market

The security of the Internet of Things (IoT) is the collection of technologies, practices, and strategies that are employed to safeguard the networks and devices that are connected to the Internet in the IoT ecosystem from illicit access, data breaches, and cyber threats. Since IoT devices—like smart home appliances, industrial sensors, wearable health monitors, connected cars, and more—collect and transmit vast amounts of data, they are highly vulnerable to exploitation if not properly secured. IoT security ensures data confidentiality, integrity, and availability while maintaining the devices and systems' proper functioning.

At the heart of the IoT ecosystem are devices often lacking basic security features. Many of these devices are designed with minimal computational power and memory, prioritizing functionality and cost over security. In turn, they become vulnerable entry points for hackers, allowing them to infiltrate networks or access sensitive information. These risks have become more pronounced as the scale of connected environments has grown, particularly in sectors like healthcare, manufacturing, energy, transportation, and smart cities, where real-time data and uninterrupted operations are critical.

The automotive industry in Mexico is driving significant demand for IoT security solutions as IoT technologies become increasingly integrated into vehicle production processes. With Mexico ranking as the world’s seventh-largest passenger vehicle manufacturer, producing approximately 3.5 million vehicles annually, securing IoT-enabled systems is essential for protecting assembly line operations, ensuring secure data flow, and safeguarding supply chain communications. The production of electric vehicles (EVs) and hybrids, which grew by 8.5% in 2022, further emphasizes the need for robust IoT security to protect the automation infrastructure and real-time data analytics used in modern manufacturing environments. Thus, as IoT adoption accelerates, North America presents lucrative growth opportunities for the IoT security market throughout the forecast period.

Free Valuable Insights: The IoT Security Market is Predict to reach USD 165.08 Billion by 2032, at a CAGR of 25.2%

Based on Component, the market is segmented into Solutions, and Services. Based on Security Type, the market is segmented into Network Security, Cloud Security, Endpoint Security, Application Security, and Other Security Type. Based on End-use, the market is segmented into Energy & Utilities, Manufacturing, Automotive, Healthcare, Transport, Consumer Electronics, and Other End-use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Microsoft Corporation
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Google LLC (Alphabet Inc.)
  • IBM Corporation
  • Intel Corporation
  • Cisco Systems, Inc.
  • Thales Group S.A.
  • FireEye, Inc.
  • Hewlett Packard Enterprise Company
  • Check Point Software Technologies Ltd.

North America IoT Security Market Report Segmentation

By Component

  • Solutions
  • Services

By Security Type

  • Network Security
  • Cloud Security
  • Endpoint Security
  • Application Security
  • Other Security Type

By End-use

  • Energy & Utilities
  • Manufacturing
  • Automotive
  • Healthcare
  • Transport
  • Consumer Electronics
  • Other End-use

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America IoT Security Market, by Component
1.4.2 North America IoT Security Market, by Security Type
1.4.3 North America IoT Security Market, by End-use
1.4.4 North America IoT Security Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Acquisition and Mergers
4.3 Market Share Analysis, 2024
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2023, Dec – 2025, Mar) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. North America IoT Security Market by Component
5.1 North America Solutions Market by Country
5.2 North America Services Market by Country

Chapter 6. North America IoT Security Market by Security Type
6.1 North America Network Security Market by Country
6.2 North America Cloud Security Market by Country
6.3 North America Endpoint Security Market by Country
6.4 North America Application Security Market by Country
6.5 North America Other Security Type Market by Country

Chapter 7. North America IoT Security Market by End-use
7.1 North America Energy & Utilities Market by Country
7.2 North America Manufacturing Market by Country
7.3 North America Automotive Market by Country
7.4 North America Healthcare Market by Country
7.5 North America Transport Market by Country
7.6 North America Consumer Electronics Market by Country
7.7 North America Other End-use Market by Country

Chapter 8. North America IoT Security Market by Country
8.1 US IoT Security Market
8.1.1 US IoT Security Market by Component
8.1.2 US IoT Security Market by Security Type
8.1.3 US IoT Security Market by End-use
8.2 Canada IoT Security Market
8.2.1 Canada IoT Security Market by Component
8.2.2 Canada IoT Security Market by Security Type
8.2.3 Canada IoT Security Market by End-use
8.3 Mexico IoT Security Market
8.3.1 Mexico IoT Security Market by Component
8.3.2 Mexico IoT Security Market by Security Type
8.3.3 Mexico IoT Security Market by End-use
8.4 Rest of North America IoT Security Market
8.4.1 Rest of North America IoT Security Market by Component
8.4.2 Rest of North America IoT Security Market by Security Type
8.4.3 Rest of North America IoT Security Market by End-use

Chapter 9. Company Profiles
9.1 Microsoft Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Partnerships, Collaborations, and Agreements:
9.2.5 SWOT Analysis
9.3 Google LLC (Alphabet Inc.)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 IBM Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional & Segmental Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.6 SWOT Analysis
9.5 Intel Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 SWOT Analysis
9.6 Cisco Systems, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.6 SWOT Analysis
9.7 Thales Group S.A.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.6 SWOT Analysis
9.8 FireEye, Inc.
9.8.1 Company Overview
9.8.2 SWOT Analysis
9.9 Hewlett Packard Enterprise Company
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 SWOT Analysis
9.10. Check Point Software Technologies Ltd.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 Recent strategies and developments:
9.10.5.1 Partnerships, Collaborations, and Agreements:
9.10.6 SWOT Analysis
TABLE 1 North America IoT Security Market, 2021 - 2024, USD Million
TABLE 2 North America IoT Security Market, 2025 - 2032, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– IoT Security Market
TABLE 4 Acquisition and Mergers– IoT Security Market
TABLE 5 North America IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 6 North America IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 7 North America Solutions Market by Country, 2021 - 2024, USD Million
TABLE 8 North America Solutions Market by Country, 2025 - 2032, USD Million
TABLE 9 North America Services Market by Country, 2021 - 2024, USD Million
TABLE 10 North America Services Market by Country, 2025 - 2032, USD Million
TABLE 11 North America IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 12 North America IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 13 North America Network Security Market by Country, 2021 - 2024, USD Million
TABLE 14 North America Network Security Market by Country, 2025 - 2032, USD Million
TABLE 15 North America Cloud Security Market by Country, 2021 - 2024, USD Million
TABLE 16 North America Cloud Security Market by Country, 2025 - 2032, USD Million
TABLE 17 North America Endpoint Security Market by Country, 2021 - 2024, USD Million
TABLE 18 North America Endpoint Security Market by Country, 2025 - 2032, USD Million
TABLE 19 North America Application Security Market by Country, 2021 - 2024, USD Million
TABLE 20 North America Application Security Market by Country, 2025 - 2032, USD Million
TABLE 21 North America Other Security Type Market by Country, 2021 - 2024, USD Million
TABLE 22 North America Other Security Type Market by Country, 2025 - 2032, USD Million
TABLE 23 North America IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 24 North America IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 25 North America Energy & Utilities Market by Country, 2021 - 2024, USD Million
TABLE 26 North America Energy & Utilities Market by Country, 2025 - 2032, USD Million
TABLE 27 North America Manufacturing Market by Country, 2021 - 2024, USD Million
TABLE 28 North America Manufacturing Market by Country, 2025 - 2032, USD Million
TABLE 29 North America Automotive Market by Country, 2021 - 2024, USD Million
TABLE 30 North America Automotive Market by Country, 2025 - 2032, USD Million
TABLE 31 North America Healthcare Market by Country, 2021 - 2024, USD Million
TABLE 32 North America Healthcare Market by Country, 2025 - 2032, USD Million
TABLE 33 North America Transport Market by Country, 2021 - 2024, USD Million
TABLE 34 North America Transport Market by Country, 2025 - 2032, USD Million
TABLE 35 North America Consumer Electronics Market by Country, 2021 - 2024, USD Million
TABLE 36 North America Consumer Electronics Market by Country, 2025 - 2032, USD Million
TABLE 37 North America Other End-use Market by Country, 2021 - 2024, USD Million
TABLE 38 North America Other End-use Market by Country, 2025 - 2032, USD Million
TABLE 39 North America IoT Security Market by Country, 2021 - 2024, USD Million
TABLE 40 North America IoT Security Market by Country, 2025 - 2032, USD Million
TABLE 41 US IoT Security Market, 2021 - 2024, USD Million
TABLE 42 US IoT Security Market, 2025 - 2032, USD Million
TABLE 43 US IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 44 US IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 45 US IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 46 US IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 47 US IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 48 US IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 49 Canada IoT Security Market, 2021 - 2024, USD Million
TABLE 50 Canada IoT Security Market, 2025 - 2032, USD Million
TABLE 51 Canada IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 52 Canada IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 53 Canada IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 54 Canada IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 55 Canada IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 56 Canada IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 57 Mexico IoT Security Market, 2021 - 2024, USD Million
TABLE 58 Mexico IoT Security Market, 2025 - 2032, USD Million
TABLE 59 Mexico IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 60 Mexico IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 61 Mexico IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 62 Mexico IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 63 Mexico IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 64 Mexico IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 65 Rest of North America IoT Security Market, 2021 - 2024, USD Million
TABLE 66 Rest of North America IoT Security Market, 2025 - 2032, USD Million
TABLE 67 Rest of North America IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 68 Rest of North America IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 69 Rest of North America IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 70 Rest of North America IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 71 Rest of North America IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 72 Rest of North America IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 73 Key Information – Microsoft Corporation
TABLE 74 Key Information – Amazon Web Services, Inc.
TABLE 75 Key Information – Google LLC
TABLE 76 Key Information – IBM Corporation
TABLE 77 Key Information – Intel Corporation
TABLE 78 Key Information – Cisco Systems, Inc.
TABLE 79 Key Information – Thales Group S.A.
TABLE 80 Key Information – FireEye, Inc.
TABLE 81 Key Information – Hewlett Packard Enterprise Company
TABLE 82 Key Information – Check Point Software Technologies Ltd.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America IoT Security Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting IoT Security Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2024
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2023, dec – 2025, mar) Leading Players
FIG 8 Porter’s Five Forces Analysis – IoT Security Market
FIG 9 North America IoT Security Market share by Component, 2024
FIG 10 North America IoT Security Market share by Component, 2032
FIG 11 North America IoT Security Market by Component, 2021 - 2032, USD Million
FIG 12 North America IoT Security Market share by Security Type, 2024
FIG 13 North America IoT Security Market share by Security Type, 2032
FIG 14 North America IoT Security Market by Security Type, 2021 - 2032, USD Million
FIG 15 North America IoT Security Market share by End-use, 2024
FIG 16 North America IoT Security Market share by End-use, 2032
FIG 17 North America IoT Security Market by End-use, 2021 - 2032, USD Million
FIG 18 North America IoT Security Market share by Country, 2024
FIG 19 North America IoT Security Market share by Country, 2032
FIG 20 North America IoT Security Market by Country, 2021 - 2032, USD Million
FIG 21 Recent strategies and developments: Microsoft Corporation
FIG 22 SWOT Analysis: Microsoft Corporation
FIG 23 SWOT Analysis: Amazon Web Services, Inc.
FIG 24 SWOT Analysis: Google LLC
FIG 25 SWOT Analysis: IBM Corporation
FIG 26 SWOT Analysis: Intel corporation
FIG 27 SWOT Analysis: Cisco Systems, Inc.
FIG 28 SWOT Analysis: Thales Group S.A.
FIG 29 SWOT Analysis: FireEye, Inc.
FIG 30 SWOT Analysis: Hewlett Packard Enterprise Company
FIG 31 SWOT Analysis: CHECK POINT SOFTWARE TECHNOLOGIES LTD.

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