Security News > 2020 > April > Total number of IoT connections to reach 83 billion by 2024

The total number of IoT connections will reach 83 billion by 2024, rising from 35 billion connections in 2020, according to Juniper Research.

Industrial sector to account for a total of 60 billion IoT connections.

The research found that the industrial sector, including manufacturing, retail and agriculture, will account for over 70% of all IoT connections by 2024.

Research co-author Sam Barker noted, "Industrial networks will need to scale rapidly as industrial IoT users adopt new technologies to expand the services available on their networks. However, IoT platforms must ensure that the security processes can scale alongside this network growth."

The research noted that the increasing complexity of private IoT networks will mean that platforms must implement steps to maximize security in all layers of the IoT ecosystem, including devices, connectivity and the platform itself.

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