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A MarketsandMarkets study predicts the machine-to-machine communications and Internet of Things market to be worth $947.29 billion by 2019 due to an increase in the use of Internet-connected devices. The market research firm said Wednesday the M2M and IoT market will experience a compound annual growth rate of nearly 30 percent in the next four years. The […] More
MarketsandMarkets has forecast an Internet of Things and machine-to-machine communications market that will grow into a $947.29 billion industry by 2019. The projection represents a 29.9 percent compound annual growth rate from $255.87 billion in 2014, the market analyst said Monday. The report, which highlights market trends, drivers, opportunities, restraints, future growth potential and revenue forecasts per region, suggests an industry faced with […] More
A new report from ABI Research outlines market demand for cybersecurity tools from Internet of Things users in areas such as consumer privacy and data protection. The market intelligence firm said Friday that current product development requirements and the consideration between cost and risk for connected “things” will drive the market. “Embedded security, trusted computing, security protocols—these are all fledgling areas of product development […] More
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