ABI Research predicts 18% drop in new IoT devices in 2020 – FutureIoT
While Internet of Things (IoT) will be integral to the long-term recovery plans of the post-COVID-19 economy worldwide, ABI Research said some facets of the IoT itself will be negatively impacted in the short term.
In its latest report “Assessing the Impact of COVID-19 on the IoT Market”, the technology research firm predicts an 18% drop in the net addition of IoT devices in 2020 as a result of manufacturing shut-downs, supply chain interruptions, and changes in connected product availability and demand.