Best Practices in IIoT Cybersecurity
by Connected World Staff
The IIoT (industrial Internet of Things) is a rapidly growing space, and, as with all rapidly growing spaces in the technology realm, growing pains include figuring out how to secure devices and systems against increasingly sophisticated cyberattacks. MarketsandMarkets estimates the IIoT market will grow from just over 77 billion in 2020 to 110.6 billion by 2025, thanks to factors like continued adoption in manufacturing and technological advancements in semiconductors. The firm’s latest data on the IoT security market, which encompasses all IoT devices, suggests it will reach 36.6 billion by 2025, up from 12.5 billion this year. The two markets are growing in parallel because protecting assets must be a priority of IIoT companies in sectors like manufacturing, transportation, chemical, food, energy, and beyond.
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