The Internet of Things (IoT) has seemingly endless potential. From smart homes to connected cars2014 to sensors monitoring traffic and natural disasters, IoT is set to make our world a safer and more convenient place. But with this new wave of technology comes new risks. As the number of devices connected to the cloud increases, so do opportunities for hackers.
Research conducted by IoT Analytics projects IoT active connections to grow 18%, with 14.4 billion active endpoints, in 2022. This follows an 8% increase in 2021 with 12.2 billion active endpoints. As significant as this growth is, it’s being hampered by the persistent chip shortage.