The Internet of Things (IoT) security market worldwide was $7.28 billion in 2016. Over the years, this figure has increased significantly, and revenue from the IoT sensors market is forecasted to be about $15.85 billion worldwide this year. By the end of 2025, this amount is expected to almost double with an estimated $30.9 billion […]
IoT Applications and Benefits of Location Data
The emergence of the Internet of Things (IoT) has given birth to both excitement and confusion among emerging technology enthusiasts. While some say it is more important than the Internet, others say it is a façade and soon to evaporate technology. In this article, you will find out more about IoT applications as it specifically […]
The Biggest Internet Of Things (IoT) Trends In 2021
The Internet of Things is in its golden age and a huge chunk of its potential remains to be achieved. 2020 has been an important year for IoT and as 2021 approaches, the technology is being touted as an imperative business requirement. The Internet of Things is versatile, contributing greatly to how we engage, interact, […]
Industrial IoT: Improving Worker Safety
According to Comparitech, businesses in the manufacturing sector invested $183 billion into IoT in 2017. The reason for this is not farfetched. Safety managers have realized that cybersecurity is a top priority when integrating technology into manufacturing processes and the Industrial IoT (IIoT) is a vital tool that can boost manufacturing productivity while also ensuring improved consistency […]
Top IoT Trends To Watch In 2020
The future of the IoT industry holds a lot of promises, and we have the stats to prove this. According to the forecasts in the IDC reports, there will be 41.6 billion connected IoT devices, and 79.4 billion terabytes (equivalent to 79.4 zettabytes) of data will be generated by these devices or things. This means […]