Ninjastic
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Re: 🌟 [ANN][REAP] ReapChain - Secure and Transparent Blockchain-Based IoT Ecosystem
by
JuLy_A
on 17/08/2020, 10:58:03 UTC
Quote from: rebLKit on Today at 09:35:14 AM
Quote from: carmeN_neil on Today at 08:45:24 AM
Quote from: harryCain on Today at 08:24:54 AM
The global market for IoT devices and service platforms was approximately $1.1 billion in 2017 in entire IoT platform markets. It will continue to grow rapidly at an average of 36.2% annually to be a huge market worth $61.6 billion by 2030.
Industry of IoT is growing and as cyber-attacks targeting IoT systems are becoming a reality and the damage is increasing, the IoT security market is growing as well.
Approximately 20% of the companies all around the world have at least one attack on their IoT platforms in the past three years. It looks alarming Sad
In 2018, the total amount of IoT security expenditure for the companies was $1.5 billion. It has an average annual growth rate of 27.9%, and is expected to reach $3.1 billion in 2021 and $27.9 billion in 2030.