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Mobile IoT security market to be worth $8bn by 2026

Mobile IoT security market to be worth $8bn by 2026

image credit: pxhere

The advent of Internet of Things (IoT) applications on 4G and 5G networks will drive the development of an $8 billion market for security services.

Cellular is one of several technologies competing to connect the IoT. LPWAN technology is ideal for mass IoT projects spread across a wide geographic area, often in hard-to-reach places, and designed to be untouched for several years.

Any change to that plan, such as a battery replacement, is either logistically challenging or upsets the economics of the entire project.

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