IoT connections to grow 140%, will reach 50 billion by 2022 – Help Net Security
New data has revealed that the total number of connected IoT sensors and devices is set to exceed 50 billion by 2022, up from an estimated 21 billion in 2018.
Juniper Research found that this growth, equivalent to 140% over the next 4 years, will be driven by edge computing services (the processing of data away from the cloud and closer to the source); increasing both deployment scalability and security.
It noted that IBM’s breadth of services and investment in its Watson platform has paid off. However, Microsoft’s tremendous growth in the enterprise cloud space, its IoT Edge services and AI prowess highlight an increasingly compelling offer in the market.
The research found that the rise of edge computing would be critical in scaling deployments up, owing to reduced bandwidth requirements, faster application response times and improvements in data security. Read more…