LAMEA 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

List of Tables

The Latin America, Middle East and Africa IoT Security Market would witness market growth of 28.2% CAGR during the forecast period (2025-2032).

The Brazil market dominated the LAMEA IoT Security Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $2,895.6 million by 2032. The Argentina market is expected to witness a CAGR of 29.2% during (2025 - 2032). Additionally, The UAE market would register a CAGR of 26.8% during (2025 - 2032).

Artificial Intelligence (AI) and Machine Learning (ML) are also instrumental in enhancing the security of IoT by enabling real-time threat detection, anomaly recognition, and automated responses. Unlike traditional reactive systems, AI- and ML-driven security solutions can proactively analyze massive streams of IoT data, identify unusual behavior, and take preventive action before damage occurs. This is crucial in large-scale or mission-critical environments-like healthcare or smart cities-where manual monitoring isn't feasible. For example, in healthcare settings, AI can monitor connected devices like insulin pumps or pacemakers to ensure they function safely and within expected parameters, minimizing risks to patient safety.

Major tech companies are already integrating AI and ML into their IoT security platforms. IBM's QRadar, paired with Watson AI, helps detect and respond to threats across complex IoT networks. Cisco SecureX unifies threat detection and automated response in IoT environments using AI-driven insights. Similarly, Microsoft Defender for IoT uses ML algorithms to detect anomalies and deliver threat intelligence in sectors such as manufacturing and energy. As AI and ML continue to evolve-especially with the rise of edge AI-these technologies are set to become the backbone of next-generation IoT security systems.

The government's increasing use of IoT in South Africa for smart governance, utility management, and e-services has triggered growing concerns about cybersecurity vulnerabilities. As cities adopt smart meters, surveillance systems, and traffic optimization solutions, securing these public-facing systems has become imperative. The Department of Communications and Digital Technologies (DCDT) has recognized the urgency of cybersecurity, pushing for updates to South Africa's Cybercrimes Act and advocating for a National Cybersecurity Policy Framework (NCPF) that includes IoT-specific risk management. Government-led infrastructure digitization and growing citizen engagement in online services catalyze the development of a more structured IoT security environment, especially at the policy and institutional levels. Hence, as the digital transformation wave spreads across Latin America, the Middle East, and Africa, IoT security is no longer an optional add-on-it's becoming a cornerstone of national and regional resilience.

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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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.

LAMEA 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

Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 LAMEA IoT Security Market, by Component
- 1.4.2 LAMEA IoT Security Market, by Security Type
- 1.4.3 LAMEA IoT Security Market, by End-use
- 1.4.4 LAMEA 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. LAMEA IoT Security Market by Component

5.1 LAMEA Solutions Market by Country
5.2 LAMEA Services Market by Country

Chapter 6. LAMEA IoT Security Market by Security Type

6.1 LAMEA Network Security Market by Country
6.2 LAMEA Cloud Security Market by Country
6.3 LAMEA Endpoint Security Market by Country
6.4 LAMEA Application Security Market by Country
6.5 LAMEA Other Security Type Market by Country

Chapter 7. LAMEA IoT Security Market by End-use

7.1 LAMEA Energy & Utilities Market by Country
7.2 LAMEA Manufacturing Market by Country
7.3 LAMEA Automotive Market by Country
7.4 LAMEA Healthcare Market by Country
7.5 LAMEA Transport Market by Country
7.6 LAMEA Consumer Electronics Market by Country
7.7 LAMEA Other End-use Market by Country

Chapter 8. LAMEA IoT Security Market by Country

8.1 Brazil IoT Security Market
- 8.1.1 Brazil IoT Security Market by Component
- 8.1.2 Brazil IoT Security Market by Security Type
- 8.1.3 Brazil IoT Security Market by End-use
8.2 Argentina IoT Security Market
- 8.2.1 Argentina IoT Security Market by Component
- 8.2.2 Argentina IoT Security Market by Security Type
- 8.2.3 Argentina IoT Security Market by End-use
8.3 UAE IoT Security Market
- 8.3.1 UAE IoT Security Market by Component
- 8.3.2 UAE IoT Security Market by Security Type
- 8.3.3 UAE IoT Security Market by End-use
8.4 Saudi Arabia IoT Security Market
- 8.4.1 Saudi Arabia IoT Security Market by Component
- 8.4.2 Saudi Arabia IoT Security Market by Security Type
- 8.4.3 Saudi Arabia IoT Security Market by End-use
8.5 South Africa IoT Security Market
- 8.5.1 South Africa IoT Security Market by Component
- 8.5.2 South Africa IoT Security Market by Security Type
- 8.5.3 South Africa IoT Security Market by End-use
8.6 Nigeria IoT Security Market
- 8.6.1 Nigeria IoT Security Market by Component
- 8.6.2 Nigeria IoT Security Market by Security Type
- 8.6.3 Nigeria IoT Security Market by End-use
8.7 Rest of LAMEA IoT Security Market
- 8.7.1 Rest of LAMEA IoT Security Market by Component
- 8.7.2 Rest of LAMEA IoT Security Market by Security Type
- 8.7.3 Rest of LAMEA 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

LIST OF TABLES

TABLE 1 LAMEA IoT Security Market, 2021 - 2024, USD Million
TABLE 2 LAMEA 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 LAMEA IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 6 LAMEA IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 7 LAMEA Solutions Market by Country, 2021 - 2024, USD Million
TABLE 8 LAMEA Solutions Market by Country, 2025 - 2032, USD Million
TABLE 9 LAMEA Services Market by Country, 2021 - 2024, USD Million
TABLE 10 LAMEA Services Market by Country, 2025 - 2032, USD Million
TABLE 11 LAMEA IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 12 LAMEA IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 13 LAMEA Network Security Market by Country, 2021 - 2024, USD Million
TABLE 14 LAMEA Network Security Market by Country, 2025 - 2032, USD Million
TABLE 15 LAMEA Cloud Security Market by Country, 2021 - 2024, USD Million
TABLE 16 LAMEA Cloud Security Market by Country, 2025 - 2032, USD Million
TABLE 17 LAMEA Endpoint Security Market by Country, 2021 - 2024, USD Million
TABLE 18 LAMEA Endpoint Security Market by Country, 2025 - 2032, USD Million
TABLE 19 LAMEA Application Security Market by Country, 2021 - 2024, USD Million
TABLE 20 LAMEA Application Security Market by Country, 2025 - 2032, USD Million
TABLE 21 LAMEA Other Security Type Market by Country, 2021 - 2024, USD Million
TABLE 22 LAMEA Other Security Type Market by Country, 2025 - 2032, USD Million
TABLE 23 LAMEA IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 24 LAMEA IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 25 LAMEA Energy & Utilities Market by Country, 2021 - 2024, USD Million
TABLE 26 LAMEA Energy & Utilities Market by Country, 2025 - 2032, USD Million
TABLE 27 LAMEA Manufacturing Market by Country, 2021 - 2024, USD Million
TABLE 28 LAMEA Manufacturing Market by Country, 2025 - 2032, USD Million
TABLE 29 LAMEA Automotive Market by Country, 2021 - 2024, USD Million
TABLE 30 LAMEA Automotive Market by Country, 2025 - 2032, USD Million
TABLE 31 LAMEA Healthcare Market by Country, 2021 - 2024, USD Million
TABLE 32 LAMEA Healthcare Market by Country, 2025 - 2032, USD Million
TABLE 33 LAMEA Transport Market by Country, 2021 - 2024, USD Million
TABLE 34 LAMEA Transport Market by Country, 2025 - 2032, USD Million
TABLE 35 LAMEA Consumer Electronics Market by Country, 2021 - 2024, USD Million
TABLE 36 LAMEA Consumer Electronics Market by Country, 2025 - 2032, USD Million
TABLE 37 LAMEA Other End-use Market by Country, 2021 - 2024, USD Million
TABLE 38 LAMEA Other End-use Market by Country, 2025 - 2032, USD Million
TABLE 39 LAMEA IoT Security Market by Country, 2021 - 2024, USD Million
TABLE 40 LAMEA IoT Security Market by Country, 2025 - 2032, USD Million
TABLE 41 Brazil IoT Security Market, 2021 - 2024, USD Million
TABLE 42 Brazil IoT Security Market, 2025 - 2032, USD Million
TABLE 43 Brazil IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 44 Brazil IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 45 Brazil IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 46 Brazil IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 47 Brazil IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 48 Brazil IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 49 Argentina IoT Security Market, 2021 - 2024, USD Million
TABLE 50 Argentina IoT Security Market, 2025 - 2032, USD Million
TABLE 51 Argentina IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 52 Argentina IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 53 Argentina IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 54 Argentina IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 55 Argentina IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 56 Argentina IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 57 UAE IoT Security Market, 2021 - 2024, USD Million
TABLE 58 UAE IoT Security Market, 2025 - 2032, USD Million
TABLE 59 UAE IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 60 UAE IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 61 UAE IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 62 UAE IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 63 UAE IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 64 UAE IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 65 Saudi Arabia IoT Security Market, 2021 - 2024, USD Million
TABLE 66 Saudi Arabia IoT Security Market, 2025 - 2032, USD Million
TABLE 67 Saudi Arabia IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 68 Saudi Arabia IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 69 Saudi Arabia IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 70 Saudi Arabia IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 71 Saudi Arabia IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 72 Saudi Arabia IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 73 South Africa IoT Security Market, 2021 - 2024, USD Million
TABLE 74 South Africa IoT Security Market, 2025 - 2032, USD Million
TABLE 75 South Africa IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 76 South Africa IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 77 South Africa IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 78 South Africa IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 79 South Africa IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 80 South Africa IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 81 Nigeria IoT Security Market, 2021 - 2024, USD Million
TABLE 82 Nigeria IoT Security Market, 2025 - 2032, USD Million
TABLE 83 Nigeria IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 84 Nigeria IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 85 Nigeria IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 86 Nigeria IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 87 Nigeria IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 88 Nigeria IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 89 Rest of LAMEA IoT Security Market, 2021 - 2024, USD Million
TABLE 90 Rest of LAMEA IoT Security Market, 2025 - 2032, USD Million
TABLE 91 Rest of LAMEA IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 92 Rest of LAMEA IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 93 Rest of LAMEA IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 94 Rest of LAMEA IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 95 Rest of LAMEA IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 96 Rest of LAMEA IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 97 Key Information - Microsoft Corporation
TABLE 98 Key Information - Amazon Web Services, Inc.
TABLE 99 Key Information - Google LLC
TABLE 100 Key Information - IBM Corporation
TABLE 101 Key Information - Intel Corporation
TABLE 102 Key Information - Cisco Systems, Inc.
TABLE 103 Key Information - Thales Group S.A.
TABLE 104 Key Information - FireEye, Inc.
TABLE 105 Key Information - Hewlett Packard Enterprise Company
TABLE 106 Key Information - Check Point Software Technologies Ltd.

LIST OF FIGURES

FIG 1 Methodology for the research
FIG 2 LAMEA 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 LAMEA IoT Security Market share by Component, 2024
FIG 10 LAMEA IoT Security Market share by Component, 2032
FIG 11 LAMEA IoT Security Market by Component, 2021 - 2032, USD Million
FIG 12 LAMEA IoT Security Market share by Security Type, 2024
FIG 13 LAMEA IoT Security Market share by Security Type, 2032
FIG 14 LAMEA IoT Security Market by Security Type, 2021 - 2032, USD Million
FIG 15 LAMEA IoT Security Market share by End-use, 2024
FIG 16 LAMEA IoT Security Market share by End-use, 2032
FIG 17 LAMEA IoT Security Market by End-use, 2021 - 2032, USD Million
FIG 18 LAMEA IoT Security Market share by Country, 2024
FIG 19 LAMEA IoT Security Market share by Country, 2032
FIG 20 LAMEA 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.

LAMEA 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

Description

Table of Contents