Posts tagged Industrial Internet of Things
Industrial Ethernet Market Worth Over $70 Billion by 2025: Global Market Insights

The industrial Ethernet market is predicted to hike from $25 billion in 2018 to around  $70 billion by 2025, according to a 2019 Global Market Insights, Inc. report. The rapidly growing adoption of Industrial IoT (IIoT) predominantly among the manufacturing and automotive sectors to improve the efficiency of production processes and supply chain is driving the growth of the market. Supportive government initiatives and hefty investments to extensively convert traditional grids into smart grids are resulting in the proliferation of the market.

Read More
Industrial Cybersecurity Strategies Need Radical Rethink to Address Fast Evolving Threat Horizon, ABI Research Says

Despite the imminent danger from a fast- evolving cyber threat horizon, ABI Research finds that cybersecurity investment within the industrial control systems (ICS) market is severely lagging. Indeed, the consultancy expects investments to barely cross the $2 billion mark by 2025.

Read More