Security News > 2018 > June > Global IoT tech spending to reach $1.2 trillion in 2022

IDC forecasts IoT spending will experience a compound annual growth rate (CAGR) of 13.6% over the 2017-2022 forecast period and reach $1.2 trillion in 2022. The forecast is based on the latest research in the burgeoning IoT technology market, which offers business investment opportunities across a spectrum of industries and illuminated through use case implementations. As the diverse IoT market reaches broad-based critical mass, innovative offerings in analytics software, cloud technologies, and business and IT … More → The post Global IoT tech spending to reach $1.2 trillion in 2022 appeared first on Help Net Security.

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