Industrial applications are set to be the core focus for IoT Managed Security Service Providers (MSSPs) with ABI Research forecasting overall market revenues to increase fivefold and top $11 billion in 2021.
ABI Research forecasts that the volume of data captured by IoT-connected devices will grow nearly six-fold over the forecast period and top 2,000 exabytes (2.0 zettabytes) in 2021.
ABI Research forecasts enterprise wearable shipments will grow from 30 million shipments in 2016 to nearly 147 million in 2021 with wrist-worn wearable shipments projected to triple by 2021 to reach 30 million. Body-worn devices will surge from 20 million to more than 116 million over the same period.
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