IoT security — Industry Insights, Data, and Solutions For Business Leaders

According to ABI Research, Accelerating IT-OT Convergence in Rail to Boost OT Cybersecurity Market

The popular notion might view the rail industry as a laggard compared to auto or high-tech manufacturing when embracing Industry 4.0. Yet railways are increasingly dependent on sophisticated connected systems to enhance efficiency and customer satisfaction. With the advent of connected online systems and the convergence of Operational Technology (OT) and Information Technology (IT) systems, network and data-sharing security between IT and OT systems is proceeding to become an integral component of safety, providing new market opportunities in the rail, freight, and transit sector.

CybersecurityStaff ReportsFebruary 10, 2023IT-OT, IoT security, IT security, OT

New Omdia Research Finds IoT Enterprises are Prioritizing Blockchain Technology

While blockchain is most commonly associated with cryptocurrencies and nonfungible token (NFTs), the promise of the technology in IoT has not been lost by many service providers and enterprises. In fact, 40% of enterprises surveyed say that blockchain is a “priority for the future” for their IoT deployments according to Omdia’s recent report, Blockchain’s role in IoT.

TechnologyStaff ReportsFebruary 6, 2023IoT security, Internet of Things, Blockchain

Consumer IoT Tracking Devices Enter the Mainstream, Set to Reach 68 Million Units by 2026, Says ABI Research

Personal tracking devices, specifically, devices to track children, the elderly, and pets, are becoming increasingly popular within the consumer IoT tracking market. Those three segments alone are forecasted to collectively reach an installed base of 68 million by 2026, up from the 2021 installed base of 16 million.

IoT Growth Demands Rethink of Long-Term Storage Strategies, IDC Analysts Find

Internet of Things (IoT) is finding its way across various industries and applications, and the data generated from these devices is creating new opportunities to improve business outcomes. Managing this data is key to delivering organizational insights. Furthermore, choosing the appropriate storage solution for long- and short-term storage of this data is vital.

Melissa FisherAugust 12, 2020IoT services, IoT security

Parks Associates: DIY/Self-Installation Dominates New Networked Camera Purchases, But Video Storage Offers Future Revenue Opportunities

Parks Associates' Smart Market Product Assessment: Networked Cameras reports 68% of owners self-installed their networked camera in Q4 2018, compared to 49% in Q4 2016. This shift toward DIY options comes as both ease of use and retail availability appear to be driving growth in these product areas.

Nate FisherOctober 24, 2019Parks Associates, DIY security, IoT security, networked camera, Wireless connectivity

IoT Security Spend to Grow 300 Percent by 2023, Juniper Research Forecasts

A new study from Juniper Research found that spending on Internet of Things (IoT) cybersecurity solutions is set to reach over $6 billion globally by 2023. The UK-based consultancy highlighted rapid growth, with spending by product and service providers (in consumer markets) and end-customers (in industrial and public services markets) to rise by nearly 300 percent over the forecast period.