Research: Revenue from IoT Identity and Management will hit $21.5 billion by 2022
ABI Research forecasts that IoT Identity and Management projects will hit $21.5 billion in revenue by 2022. Reports show that IDoT (Identity of Things) services will grow in the next five years, driven by industrial, manufacturing, and automotive industries. IDoT services are finding more and more applications, from cloud services to app programming interface (API) solutions. By 2022, research analysts expect global IoT network solutions to hit $1 trillion with a CAGR of 21.6%.
For the latest news, videos, and podcasts in the Industrial IoT Industry, be sure to subscribe to our industry publication.
Follow us on social media for the latest updates in B2B!