Five IoT Trends to Watch in 2022
Sergey Stelmakh | 12/20/2021
The Internet of Things (IoT) is a rapidly growing market with a clear impact from emerging trends. According to Fortune Business Insights, the market is expected to grow at a compound annual growth rate of 25.4%, from $381 billion in 2021 to $1.8 trillion in 2028. The vast number of IoT devices that connect and interact with each other are making business operations more efficient. eWeek looks at the trends in the IoT and how they could impact the market in 2002.
Undoubtedly, the growth of IoT devices will lead to the emergence of new vulnerabilities. This is due to the fact that if one device is compromised, then through it, other devices with which it interacts can be compromised. The Trend Micro and GSMA Intelligence study “Securing private networks in the 5G era” found that 15% of enterprises that have implemented IoT have not updated their security protocols. This is due to the rapid growth and adoption of these technologies.
There are currently very few government iceland mobile database that require businesses to maintain cybersecurity on an ongoing basis. For the most part, investing in cybersecurity is a decision made solely by business leaders themselves. In the future, we expect not only an increase in the number of cybersecurity tools, but also an increase in the number of businesses that view cybersecurity as an important part of their development.
The rise of 5G
The growth of IoT and 5G go hand in hand. The rapid adoption of 5G networks is significantly accelerating the development of the IoT ecosystem, and the two markets will continue to converge in 2022. 5G allows companies to offer services that would previously have been too expensive or difficult to operate. Overall, 5G offers a number of additional capabilities over 4G that will allow IoT devices to connect and interact with each other more efficiently, including faster data speeds, global internet coverage, and up to 90% more energy efficient traffic.