Security News > 2019 > June > Worldwide IoT spending forecast to reach $726 billion this year
2019-06-17 04:30
Worldwide spending on the Internet of Things (IoT) is forecast to pass the $1.0 trillion mark in 2022, reaching $1.1 trillion in 2023. CAGR for IoT spending A new update to the International Data Corporation (IDC) Worldwide Semiannual Internet of Things Spending Guide shows the compound annual growth rate (CAGR) for IoT spending over the 2019-2023 forecast period will be 12.6%. “Spending on IoT deployments continues with good momentum and is expected to be $726 … More → The post Worldwide IoT spending forecast to reach $726 billion this year appeared first on Help Net Security.
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