The IoT market in both enterprise and consumer verticals are going to see a jump in adoption, pushed by the accelerated digital adoption the pandemic has brought. Specifically for enterprises, security in adopting IoT is one of the most important agenda as it still sits among the top three challenges.
The fragmentation of the IoT ecosystem is among many things that makes securing an IoT connection such a difficult task. Securing IoT requires end-to-end security which takes into account IT and OT, as well as cost requirements. The opportunity for IoT security revenue size is predicted to reach 16 billion USD in 2025. This means that the more awareness is brought to the surface about this, the more enterprises are going to invest on it.
Get to know the figures in the market through this infographic and see areas where your product can fit within the ecosystem.
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