Press about us: Will you be able to keep your IoT devices away from hackers?

While you’re thinking about a future dominated by robots and holograms, or at least “smarter” phones, studies show that these technological inventions are meant to enhance our entertainment and not actually improve our day-to-day tasks. The real potential of disruption is owned by the Internet of Things (IoT) industry.

Big companies, such as Samsung, Qualcomm, LG, Huawei, and Intel, have already seen this and are all filling patents with the hope of establishing product leadership in the future. How many patents you may ask? Just these five companies combined hold over 13,300 IoT patents to this date, which makes IoT one of today’s most-researched emerging markets.

Let’s look at the state of the IoT market at the beginning of 2019:

• 7 billion IoT devices
• 17 billion connected devices
• $151 billion IoT market evaluation
• $64 billion worth of Industry 4.0 products and services
• 90% of senior execs in technology, media, and telecommunications industries say IoT is critical to some or all lines of their business

If you can’t properly understand the significance of these numbers by themselves, let us explain this market growth like this: If the…