Skip to main content

New Digital Security Solutions for the Internet of Things

Many organizations that have already considered applications for the Internet of Things (IoT) will eventually explore the related device security issues. So, what's the evolution of the IoT hardware security value chain, and which emerging technologies are gaining momentum?

By 2026, IoT connections will exceed 23 billion across all major IoT markets.

Almost all those connections will be faced with incessant and constantly evolving cyber threats, forcing implementers and IoT vendors to embrace new digital security options to protect managed fleets and connected assets.

IoT Security Market Development

Secure device authentication currently stands among the top-tier investment priorities for key IoT markets. According to the latest worldwide market study by ABI Research, hardware-focused IoT authentication services will reach $8.4 billion in revenues by 2026.

"There are several key technologies revolving around authentication security that currently transform the IoT device value chain. Chief elements among them revolve around IoT identity issuance, provisioning, authentication, encryption key lifecycle management, access management, and attestation," said Dimitrios Pavlakis, industry analyst at ABI Research.

These are the prime focus of IoT vendors who capitalize on the emerging threat horizon to better position their services and explore new IoT monetization models.

As it currently stands, the IoT is not a secure place for future deployments and both IoT players and digital security vendors are aware of that.

The good news is that the recent change in thinking has caused a noticeable mentality shift and investment surge for secure authentication technologies across the IoT ecosystem.

However, according to the ABI assessment, this also gives rise to many IoT management offerings with questionable levels of security and intelligence.

IoT authentication services must consider a plethora of variables -- sharing operational, connectivity and security characteristics. Just because cybersecurity investments need to enter deeper into the IoT deployment equation doesn't mean that operational variables will be left unaccounted.

Bandwidth capacity, connectivity requirements, operational specifications, and device heterogeneity, digital footprint and processing power, edge-cloud dependencies, telemetry and intelligence are all key factors that need to be addressed to obtain sustainable growth for the IoT going forward.

Outlook for IoT Security Solutions Growth

Many IoT security vendors are taking advantage of the recent IoT investment surge to increase their market footprint and deliver security-first authentication and management services for the IoT supported by a multitude of flexible pricing models.

Market leaders and innovative companies offering IoT security services operating in different areas of the IoT value chain include Intel, Microsoft Azure, Amazon Web Services, Entrust Datacard, Rambus, Data I/O, and Globalsign.

That said, the increasing cyber threat landscape is forcing IoT implementors and IT vendors to embrace and prioritize new hardware-focused digital security options. This is a high growth market with many upside opportunities for forward-thinking organizations.

Popular posts from this blog

When AI Spending Reaches $3.6 Trillion

Enterprise AI budgets are flowing in two directions at once, and only one of them builds an asset the buyer actually controls. Gartner's latest forecast puts worldwide AI spending at $2.7 trillion in 2026, but the composition of that figure matters far more than the total. Executives who read only the headline will miss the tension between what they are buying and what they actually own. The Number Behind the Number Gartner projects 2026 AI spending is a 49.5 percent increase over 2025, with $3.6 trillion forecast for 2027. AI infrastructure accounts for $1.5 trillion of this year's total, more than half. Gartner's John-David Lovelock calls the data center buildout the largest infrastructure project humanity has undertaken, and describes demand as inelastic even as memory prices climb. Compute Concentration is a Sovereignty Issue Gartner expects hyperscalers and service providers buying AI-optimized servers to remain the largest single area of spending. For an enterprise, t...