Growth in connected IoT devices is offset by falling consumer confidence, because the sheer number of devices creates unprecedented cyber security exposure and attacks can be launched by unsophisticated parties at minimal cost with maximal potential damage.
Source quote, verbatim
The IoT proliferation is offset by diminished consumer confidence. By the year 2020 the majority of experts estimate that a total of 30 to 50 billion devices will connect to the internet.
From
Wulf A. Kaal, Decentralization – Why We Need Technology Infrastructure Upgrades (2021), V.3 From IoT to Decentralized Web (Web 3.0), p. 41 https://ssrn.com/abstract=3808859 · source PDF
Cite as
Wulf A. Kaal, Decentralization – Why We Need Technology Infrastructure Upgrades (2021). SSRN: https://ssrn.com/abstract=3808859
Holds when
estimates of 30 to 50 billion connected devices by 2020
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