5G & IoT NA

New report claims spending on IoT cybersecurity to rise by 300%

A comprehensive new report which was compiled by Juniper Research has projected that spending on Internet of Things cybersecurity solutions is set to rise by an incredible 300% in the next five years.  The global research firm has estimated that investment in Internet of Things cybersecurity solutions will reach $6bn globally by 2023.

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New study projects global IoT spending to hit $1.2 trillion by 2022

A new study compiled by the International Data Corporation (IDC) has projected that global IoT spending will surpass $1.2 trillion by 2022. The comprehensive study indicates that the market will experience a compound annual growth rate (CAGR) of 13.6% over the 2017-2022 forecast period on its way to hitting the eye-watering figure of $1.2 trillion.

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