By 2020, around 21 billion “things” will be connected collecting data and performing all kind of tasks. From smart speakers, watches, door locks… to medical devices, motor sensors, industrial robots… It is the colossal advance of the IoT (Internet of Things).
For those who grew up in the 70s, between the beginnings of Star Trek and Star Wars, that science fiction gets closer and closer to our reality; we don’t have spaceships yet, although we’ll see in the future…
The forecast is 130% increase in IoT connections until 2024 and the market will grow 20% in revenue during 2020.
For instance, studies carried out by Juniper Research indicate that the IoT system turnover will reach 66,000 million dollars in 2020, compared to 55,000 million in 2019, an annual increase of 20%. Likewise, there will be around 83,000 million connections in 2024, which implies a 130% increase, compared to the 35,000 million connections that will be reached by 2020.
The main sector that focuses these percentages will be the industrial sector (where production, retail and agriculture are included), using 70% of the total IoT connections, planned for 2024.
The IoT ecosystem will move $ 2.4 trillion in 2027.
This shows that the Internet of Things is growing and this trend will continue over time. The report Business Insider Intelligence, The Internet of Things 2020, explains that the IoT market will bill 2.4 trillion dollars by 2027 and that there will be 41,000 million devices.
It should also be assumed in the evolution of this market, that it will be influenced by the use of artificial intelligence, machine learning and the Cloud.
There has been an increase in data breaches by non-secure IoT devices, from 15% to 26%, since 2017.
In Spain, due to the current situation and teleworking increase, more cybersecurity risks have been detected for companies. This is largely due to the fact that 73% of workers have not received any security training and are not aware of the danger posed by the increase in spam, phishing attacks and shadow IT (use of applications and equipment of the employees themselves, which are not controlled by the companies security systems; for example, personal email, videoconference services, instant messaging, file storage, etc.).
Do not forget, the danger of the connection itself. How employees connect to corporate networks.
Analysis carried out by Kaspersky shows that since the beginning of March 2020, attacks on open ports to RDP (very common remote connection protocol) have increased worldwide. Additionally, when we connect to the corporate network from our home, the other computers that are linked to that home router are not taken into account, causing an increase in vulnerability.
So, from Coreun, we invite you to see our IoT Solutions and our Cybersecurity Solutions, to minimize the impact and possible risks.