New Digital Security Solutions for the Internet of Things

Secure device authentication currently stands among the top-tier investment priorities for key IoT markets. According to ABI Research, hardware-focused IoT authentication services will reach $8.4 billion in revenues by 2026.

via Digital Lifescapes

IT Services Revenue in Life Sciences to Reach $4.5B

Speed to market is the primary focus of biopharmaceutical and medical device firms when it comes to their investment in life sciences IT services (ITS), a market that is expected to grow at a steady 9% compound annual growth rate (CAGR) through 2025.

via Everest Group

CES 2020: Why 5G-Enabled Devices will Emerge Slowly

“5G in 2020 will feel like 3G in 2004 or 4G in 2010. It won’t enable new business or marketing use cases due to a lack of critical mass – and will primarily remain a hot debate between telcos, network equipment vendors and industrial firms.”

via Forrester

Declining Mobile Device Market Trend Continues

The mobile device market is one of the largest in the IT industry. In Q2 2019 spending worldwide fell by 8% to $86.6 billion; unit shipments were down by 3% to 354 million in the quarter and by 5% to 1.519 billion.

via ITCandor

Worldwide IT Spending will Reach $3.74 Trillion in 2019

Global IT spending is projected to total $3.74 trillion in 2019 — that’s an increase of just 0.6 percent from 2018, according to the latest worldwide market study by Gartner. Note, this forecast is slightly down from the previous quarter’s forecast of 1.1 percent anticipated growth.

via Digital Lifescapes

Wi-Fi Device Shipments will Reach 4 Billion by 2024

Continued adoption in traditional markets of strength, alongside traction in mesh networking systems, smart home, automotive, and IoT applications will drive the Wi-Fi market forward to nearly 4 billion annual device shipments by 2024.

via Digital Lifescapes

Connected IoT Devices Will Generate 79.4ZB of Data

Devices connected to the Internet, including machines, sensors, and cameras that are the Internet of Things (IoT), continues to grow. IDC forecasts there will be 41.6 billion connected IoT devices generating 79.4 zettabytes (ZB) of data in 2025.

via IDC

Global Cargo Tracking Revenue will Reach €1.8 Billion

Applications for the Internet of Things (IoT) are helping to transform the global cargo sector. According to Berg Insight, the number of active tracking devices deployed for cargo loading units — including trailers, intermodal containers, rail freight wagons, air cargo containers, cargo boxes and pallets — reached 6.1 million worldwide in 2018.

via Digital Lifescapes

IoT Forecast: 22 Billion Connected Devices by 2025

There are 7 billion Internet of Things (IoT) devices connected at the end of 2018. Most of those devices are connected via short-range protocols (WPAN or WLAN). Connected IoT devices will reach 22 billion by 2025, in part driven by new low-power wide-area (LPWAN) standards as well as 5G cellular.

via IoT Analytics

Personal Data Privacy Concerns Multiplied in 2018

People are very concerned about the security of their personal data and devices — 77% of U.S. broadband households are very concerned about their online service being hacked; 75% worry about their computer being hacked; and 66% are concerned about their smart TV or streaming media player being compromised.

via Parks Assoc