The Internet of Things promises to transform the way things are done in the enterprise – vastly increased efficiency at substantially reduced costs. Yet, if enterprises don't get out in front of the security risks that thousands if not millions of connected devices will pose, they will soon find their IoT dream has turned into an IoT nightmare.
The commercial, industrial and public services sectors are expected to fuel growth in the Internet of Things, with the number of IoT connected devices forecast by Juniper Research tripling to 38 billion units by 2020.
On the mobile front, industry analysts at Juniper Research say we can expect data traffic to reach 197,000 petabytes by 2019, the equivalent of over 10 billion Blu-ray movies. It also claims 41 percent will travel over cellular networks, and the remainder over Wi-Fi.
Due to lengthy time to market and lack of consumer use case, smartglasses shipments will only reach 10 million units per year by 2017, predicts Juniper Research.
A new Juniper Research report found that voice and messaging traffic lost to OTT (Over The Top) players such as WhatsApp, Facebook and Skype and will cost network operators $14 billion in revenues globally this year, up by 26% on 2013.
Driven by Apple's HealthKit and Samsung's SAMI platforms, healthcare smartphone accessory sales will top $3 billion by 2019, predicts Juniper Research.
While some pundits had predicted that Apple Watch would be an independent wearable able to connect to wireless networks on its own, it turned out that it is wholly dependent on the lastest iPhone to communicate with the outside world. This will continue to be the case for wearables into the foreseeable future, says Juniper Research.
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Mobile couponing will drive a doubling of electronic coupon (e-coupon) use over the next three years, rising from 16 billion e-coupons redeemed in 2014 to 31 billion in 2019, predicts market research firm Juniper Research.
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