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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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.
US telecommunications incumbent AT&T has announced that it is collaborating with the City of San Jose in a public-private partnership which aims to foster the creation of a smart city.
AT&T and Nokia are teaming up to provide virtually seamless Internet of Things (IoT) connectivity around the world. The companies are using Nokia's Worldwide IoT Network Grid (WING) to offer AT&T's enterprise customers the benefits of Nokia's global IoT ecosystem. These include core network, dedicated IoT operations, billing, security, data analytics, and more.
Chairman of the Federal Communications Commission (FCC) Ajit Pai, has outlined the blueprint which he believes will help accelerate the development and subsequent deployment of 5G networks in the US.
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