IoT-related spending will be driven by modules and sensors According to the Worldwide Internet of Things (IoT) Spending Guide published by International Data Corporation (IDC), European organizations are projected to invest approximately $US227 billion in IoT technology in 2023. The report suggests that IoT-related spending in Europe will continue to…
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The criticality of IoT security for enterprises
The COVID Pandemic fueled a 700 per cent surge in IoT-specific malware infections As the world becomes increasingly interconnected through the Internet of Things (IoT), a concerning trend has emerged during the pandemic. According to a report from global technology intelligence firm ABI Research, there has been a staggering 700…
Read MoreTop 10 growth opportunities for 2023
IoT is commonly used in security and surveillance systems The business landscape with geopolitical tensions, sustainability concerns, and supply chain disruptions is changing the IoT market perspective, according to Frost & Sullivan’s recent analysis, Internet of Things (IoT) Top 10 Growth Predictions for 2023. As a result, businesses are implementing a comprehensive…
Read MoreQuantum computing in new IoT authentication platform
Japan’s first commercial certificate authority using Quantinuum’s Quantum Origin solution Quantinuum, the world’s leading integrated quantum computing company, today announced that Cybertrust Japan Co., Ltd., Japan’s leading certificate authority, has integrated its Quantum Origin quantum-computing-hardened private keys into a new certificate issuance and distribution platform for IoT devices to ensure secure communications now and…
Read MoreThe changing DDoS threat landscape
The ‘distributed’ nature of DDoS refers to the fact that they emanate from different locations The word Meris (Latvian for plague) will make any cybersecurity expert sit up. Staying true to its name, Meris has wreaked havoc by targeting thousands of computers worldwide since last year. The scale and sophistication…
Read MoreManufacturing industrial IoT spending to reach $US89 billion
China is placing a large bet on the Industrial Internet of Things Discrete manufacturers all over the world are actively investigating how to leverage the Internet of Things (IoT) to link their supply chains, equipment, and products better. In a recent IDC report titled, Upcoming Trends in Internet of Things Retrofitting…
Read MoreA/NZ Internet of Things spending to reach $US24 billion
The role of IoT continues to grow as enterprises embrace digital initiatives Spending on IoT products and services in Australia and New Zealand (A/NZ) is forecasted to exceed $US16 billion in 2022, an increase of 13 per cent from 2021, according to IDC’s latest Worldwide Semiannual Internet of Things Spending Guide.…
Read MoreIoT Spending to Reach $US436 Billion in 2026
IoT use cases that see the highest spending in 2022. The IoT market in Asia/Pacific* will continue to grow in 2022 by 9.1 per cent, accelerating from 6.9 per cent in 2021. Headwinds such as semiconductor shortages and supply chain disruption caused by geopolitical tensions have limited the growth in…
Read MoreHK sees Internet of Things as the core to the development of digital economy
Wong King Man, Assistant Government Chief Information Officer gave a speech on IoT in China. The Ministry of Industry and Information Technology of the People’s Republic of China just released the “14th Five-Year Plan for Information and Communication Industry Development” last month. Among them, five key tasks are proposed, including the…
Read MoreInternet of Things spending in APAC to reach US$437B in 2025
Growth is driven by increased adoption of location tracking, facial recognition, remote working, etc. Asia Pacific spending on Internet of Things (IoT) will expand by 9.6% in 2021, accelerating from 1.5% in 2020. The latest release of IDC’s Worldwide Semiannual Internet of Things Spending Guide indicates a gradual growth of IoT…
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