Strong Industry Presence Onward Security operates within the rapidly expanding IoT cybersecurity market, serving industries such as automotive, medical, and device manufacturing, which are increasingly prioritizing security compliance and risk management solutions.

Award-Winning Solutions The company has received multiple industry awards including the 2023 Cybersecurity Excellence Award and Global Excellence Awards, highlighting its innovative security assessment products like SecSAM and SecDevice, which present opportunities for upselling advanced threat detection and vulnerability management tools.

Strategic Partnerships Recent collaborations, such as with Lucent Sky Corp. to strengthen software supply chains, indicate a focus on expanding cybersecurity offerings through alliances, providing potential channels for joint solutions or cross-selling complementary cybersecurity services.

Acquisition Backing As a part of DEKRA, a global leader in safety and security, Onward Security benefits from robust industry credibility and resources, making it receptive to enterprise-level security solutions and potential enterprise customer campaigns.

Market Growth Potential With a revenue range of 1 billion to 10 billion and a focus on IoT and IIoT security, the company is positioned for continued growth, making its security compliance and vulnerability testing products attractive for organizations seeking to mitigate emerging cyber threats in connected devices.