IoT Security in India: A Wide Patent Footprint Amid Sparse Company Profiles

What it is

IoT security is the set of strategies, technologies, and processes that protect Internet of Things devices, their communications, and the broader ecosystem from cyber threats. It ensures confidentiality, integrity, and availability across a device's entire lifecycle—from manufacturing to decommissioning.

The approach is defense-in-depth: devices use encrypted communication, certificate-based authentication, and secure boot to run only trusted code. Networks are segmented and continuously monitored to limit lateral movement, while hardware-based isolation and tamper detection guard against physical attacks.

The value chain

The IoT security value chain spans hardware, software, services, and end-user deployment. Margins and defensibility concentrate in the upstream layers—secure silicon and specialized software platforms—while services and integration offer stickiness through recurring revenue.

• Hardware Security Modules & Secure IP: Design and provision of secure chips, roots of trust, and tamper-resistant modules (e.g., Arm).
• Security Software & Platforms: Device authentication, network segmentation, threat detection, and vulnerability management (e.g., Claroty, Forescout, DigiCert, Entrust, ServiceNow/Armis, Rapid7).
• Security Services: Managed security, consulting, and integration for IoT environments.
• End-User Deployment: Industries like manufacturing, healthcare, smart cities, and retail that embed these solutions.

Where it's heading

Global trends are shaped by the explosion of connected devices and tightening regulations. India-specific market data is scarce, but the same forces apply as the country's IoT device base grows.

• Rapid proliferation of IoT devices is expanding the attack surface (IoT Analytics).
• Cloud security for IoT is growing at a 27.5% CAGR, reflecting the shift to cloud-managed device fleets (Grand View Research).
• Stringent regulatory mandates are pushing demand for IoT security solutions (IMARC Group).
• Supply chain security and secure-by-design principles are gaining traction (PSA Certified).

The opportunity in India

Our data maps 108 patents to IoT security, held by 29 startups—a signal that inventive activity is underway. Yet only 5 deep-tech companies in our dataset explicitly reference IoT security in their profiles, suggesting a branding gap between patent holders and market-facing positioning.

The dominant sector for these patents is health-life-sciences, where our funding data tracks 973 funded companies and $2.6B in total capital raised. However, IoT security-specific funding rounds are not isolated in our data, pointing to an opportunity for dedicated IoT security ventures to capture attention and capital.

Because the latest patent filings are not yet fully published (India's ~18-month confidentiality window), the recent filing trend is indeterminate—not a decline. The existing patent stock indicates a foundation on which startups can build differentiated products, especially in industrial IoT, smart cities, and healthcare device security.

India signal: patents, startups, capital

India's IoT security patent stock stands at 108, with 29 patent-holding startups in our dataset. The momentum of new filings is indeterminate due to the patent publication lag, so no downward trend should be inferred.

Only 5 deep-tech companies in our data explicitly mention IoT security in their profiles: TIGRESSXYBER TECHNOLOGIES (Bengaluru Urban), CyberAstra (Balaghat), SHIELDLINK TECHNOLYTIX (Udaipur), ASTRALIVA (Kozhikode), and HEXGUARD SECURITY (Bengaluru Urban). This thin profile presence contrasts with the broader patent activity, hinting at white space for branded IoT security startups.

In the health-life-sciences sector—the dominant domain for IoT security patents—our funding data shows 973 funded companies raising a total of $2.6B, with a median round of $1.0M. Notable funded names in that sector include Enveda ($517M), Qure.ai ($130M), and Atonarp ($111M), though these are not IoT security pure-plays.

In our data

Sources

• What is IoT Security ↗
• Introduction to Internet of Things (IoT) Security ↗
• What Is IoT Security? A Complete Overview ↗
• Cybersecurity in the Supply Chain ↗
• Understanding IoT Cybersecurity in Supply Chains ↗
• IoT for Supply Chain Management Market Size, Share, Growth, 2032 ↗
• IoT Security Market Size, Share And Growth Report, 2030 ↗
• Internet of Things (IoT) Market Report 2025-2030, By Application, Geo, Tech ↗