The Forrester Wave™: IoT Security Solutions, Q3 2025

IoT Security Solutions Vendor Product Comparisons 2025

Key features and pros and cons of top IoT Security Solutions products:

Armis - Leaders

Pros:

Vast inventory of device details enabling security analysts to assess asset state without requiring immediate third-party integration
Key features include vulnerability assessment, remediation, and robust compliance mapping to validate adherence to industry standards
Customers praised Centrix for overall effectiveness and Armis' commitment to supporting deployments
Vision centers on delivering enterprisewide exposure management that goes beyond IoT and OT devices
Forward-looking strategy with innovation investments and acquisitions supporting platform evolution

Cons:

Requires certificate management integration to take encryption management beyond monitoring, preventing native IAM control
Some customers have had issues with maintaining the asset database, requiring periodic manual cleanup

Claroty - Leaders

Pros:

Delivers detailed insights into discovered assets using passive monitoring, safe active queries, and integration with enterprise CMDBs
Enables analysts to assess vulnerabilities, gauge risk posture, and design effective network segmentation policies that can be tested prior to deployment
Customers praised asset discovery and vulnerability analysis capabilities, noting the high quality of insights
Market-specific sales and technical teams ensure smooth solution adoption
Strong network of channel vendors that understand industry-specific challenges in complying with regulations and industry standards

Cons:

Platform can be challenging for junior analysts, requiring substantial IoT expertise for optimal use
Cannot integrate IAM functions with enterprise certificate authorities to better control device identity
Compliance mapping requires purchasing an extra service

Nozomi Networks - Leaders

Pros:

Differentiated IoT asset discovery with support for complex building management system protocols as well as Wi-Fi, Bluetooth, LoRaWAN, and 5G
Advanced AI model choices reduce uncertainty and increase accuracy of detected threats
Wider threat monitoring functions at both device and network level
Reference customers praised strength in finding assets across the entire enterprise and noted support throughout all deployment phases
Transparent pricing helps customers plan deployments effectively

Cons:

Encryption support only monitors the state and use of cryptography; doesn't control the use of cryptography by IoT devices
Reference customers found vulnerability management was a step behind
Some customers had challenges with the user interface
Only one reference customer responded to Forrester's outreach for this evaluation

Forescout - Strong Performers

Pros:

Complete governance of IAM functions for agentless devices throughout their lifecycle
One of the few vendors that can provide a complete on-premises deployment option, along with cloud and hybrid delivery
Customers valued the depths of Forescout's policy engine, from asset discovery to network segmentation to report automation
Solution's modularity helps maintain operational uptime
Pricing options are concise and tailored to meet the global demands of clients

Cons:

Compliance mapping capabilities currently lag those of other vendors in this evaluation
Modularity can make the solution more complex than others to manage and maintain
Only one reference customer responded to Forrester's outreach for this evaluation

ORDR - Strong Performers

Pros:

Excels in network segmentation, from assessment and analysis to policy creation and predeployment simulation
Air-gapped network support is among the best in the market, protecting IoT devices across IT and OT environments
Customers spoke highly of ORDR's relationship with them and felt network traffic analysis is top-notch
Transparent, tiered pricing tailored to market verticals ensures customers only pay for what they need
Guided approach to customer adoption from purchasing to optimization ensures long-term deployment success

Cons:

Dashboard is in evolution and has components that feel outdated compared with others in this evaluation, presenting navigation/usability challenges
Deployments can require too many sensors to find all the assets
Backend automation relies on a lot of scripts, which can be cumbersome to manage

Palo Alto Networks - Strong Performers

Pros:

Excels in network threat monitoring as well as network segmentation and microsegmentation
Native compliance mapping ensures customer environments align with necessary regulatory and standards governance models
Customers affirmed strength in network threat monitoring and deeply appreciated the relationship developed with them
Strong partner ecosystem and effective adoption programs
Vulnerability assessment and resolution and risk posture management are on par

Cons:

Pricing requires customers to pay for broader platform approach combining Strata and Cortex, while competitors offer equivalent functionality in a single solution
Device configuration monitoring and management only available through other modules in larger platform
Cloud-first offering may create challenges in supporting IoT environments within internet-disconnected networks
Asset identification can be finicky and frequent UI changes can increase administration and training costs

Check Point Software Technologies - Contenders

Pros:

Network threat monitoring is on par with competitors
IAM capabilities and encryption support functions are solid
Customers appreciated the relationship with Check Point and solution's integration into broader cybersecurity platform
Solid partner community and quality support services
Good IoT security innovation

Cons:

Device identification and classification do not provide same asset details, automated classification, or breadth of device coverage without integration of external solutions
Deficits in how it natively handles vulnerability assessments and risk posture management
Vision as expansion of cybersecurity platform may create obstacles to adoption for those with security solutions from other vendors
Only one reference customer responded to Forrester's outreach for this evaluation

Microsoft - Contenders

Pros:

Good overall risk posture management and device configuration monitoring
Integrates easily into existing Microsoft 365 cybersecurity infrastructure
Doesn't require significant learning curve for effective use
Pricing model is cost-effective add-on to Microsoft 365 E5 license
Partner ecosystem and adoption focus in IoT space is on par with rivals

Cons:

Focuses primarily and heavily on supporting OT and industrial IoT devices rather than enterprise IoT
Enterprise IoT device support for asset discovery, vulnerability assessment and resolution, and network segmentation lag others in evaluation
Relies on other vendors to provide network threat monitoring
Microsoft did not provide reference customers for this evaluation

Xage Security - Contenders

Pros:

Key differentiator is IAM functions for IoT devices, offering good control of encryption
Strong network segmentation and threat defense capabilities
Customers valued the overall architecture of the Xage solution and noted how easy it is to work with the vendor
Solid customer adoption and support programs
Pricing and licensing flexibility are on par

Cons:

Need to deploy Xage Extended Protection (XEP) appliances to support segmentation functionality; others can support policy deployment across wide range of vendors
Relies heavily on integrations for device identification and classification, leading to low-quality information for vulnerability assessments and risk posture management
Vision that discovery is not prerequisite to protection can leave gaps in security
Roadmap merely aims to bring offering up to par with others in evaluation
Microsegmentation could be a challenge to deploy

FAQs

Q: Which vendors are Leaders in 2025?

A: Armis, Claroty, Nozomi Networks

Q: What does "Leader" mean in Forrester Wave terms?

A: Leaders in the Forrester Wave demonstrate the strongest current offering and strategy in the IoT security solutions market. These vendors excel across critical capabilities including asset discovery and classification, vulnerability management, risk posture management, network segmentation, and threat monitoring. Leaders show a clear vision for the IoT security market, backed by significant innovation investments and comprehensive roadmaps. They maintain strong partner ecosystems, offer transparent pricing models, and demonstrate consistent success in customer deployments. Leaders are positioned to help organizations make IoT security a strategic priority with comprehensive, enterprise-grade solutions that address the full spectrum of IoT security challenges across diverse industries and device types.

Q: How do I interpret a Forrester Wave?

A: https://www.forrester.com/policies/forrester-wave-methodology/

Report:

Top Vendor Products for IoT Security Solutions in 2025

IoT Security Solutions Vendor Product Comparisons 2025

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FAQs

Q: Which vendors are Leaders in 2025?

Q: What does "Leader" mean in Forrester Wave terms?

Q: How do I interpret a Forrester Wave?

Reference