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Gartner Says Worldwide IoT Security Spending to Reach $348 Million in 2016

By 2020, More Than 25 Per Cent of Identified Attacks in Organisations Will Involve IoT

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Worldwide spending on Internet of Things (IoT) security will reach $348 million in 2016, a 23.7 per cent increase from 2015 spending of $281.5 million, according to Gartner, Inc.

Spending on IoT security is expected to reach $547 million in 2018 (see Table 1). Although overall spending will initially be moderate, Gartner predicts that IoT security market spending will increase at a faster rate after 2020, as improved skills, organisational change and more scalable service options improve execution.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.