IoT market to reach $1.5 trillion by 2027, security top priority
Help Net Security
Driven by increased adoption of smart sensors integrated into connected devices, the Internet of Things (IoT) market segment is projected to reach $1.5 trillion by 2027.
These devices are being made and sold by some of the largest technology companies in the world, into the manufacturing, retail, government, healthcare, consumer, transportation, IT and telecom markets. While IoT devices have the opportunity to revolutionize the way people work, live and play, insufficient implementation of embedded security has the potential to derail these benefits.
With the number of IoT devices is forecast to triple to more than 75 billion units over the next few years, there will be