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A new study from Juniper Research has found that spending on IoT (Internet of Things) cybersecurity solutions is set to reach more than US$6 billion (€5.14 billion) globally by 2023. The report points to rapid growth, and forecasts that spending by product and service providers (in consumer markets) and end-customers (in industrial and public services markets) will rise nearly 300% over the period.
Juniper’s new research, The Internet of Things for Security Providers: Opportunities, Strategies & Forecasts 2018-2023, claimed that growing business risk and regulatory minimum standards would serve as key spending drivers
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