The Internet of Things is Set to Double in Size by 2026

These days almost every appliance that you have in your home has some kind of smart setting that allows you to connect it to the internet. Such features are useful because of the fact that this is the sort of thing that could potentially end up allowing you to access your appliances remotely, and that is why so many manufacturers are trying to hop onto the bandwagon with all things having been considered and taken into account.

With 5G adoption finally becoming commonplace, we might see a massive growth spurt in the Internet of Things. This refers to the interconnected network of all of your smart appliances, and with all of that having been said and now out of the way it is important to note that this industry is set to double in size by 2026. It is estimated that there were around 2.1 billion connections to the internet of things in 2021, and this number is expected to grow to around 4.3 billion by 2026.

The growth of the Internet of Things is closely linked to 5G adoption rates, and whenever a new region gets access to this high speed mobile internet it will most likely see an upsurge in devices that get connected to it. Unsurprisingly, the three regions that will be driving much of the growth in the IoT’s connections are Western Europe, China as well as North America.

China might surpass the other two regions since this is the country that first gave 5G to its citizenry. The benefits of the IoT are hard to ignore, but in spite of the fact that this is the case some criticize it for making things a little too easy for potential malicious actors.

After all, when so many appliances are connected to the internet, the chances that at least one of them would have an exploitable vulnerability are quite high. A lot of work would need to be done before the IoT can become as commonplace as it will inevitably be, otherwise we might see cyber attacks increasingly tremendously as well which could make people unsafe.

H/T: Insiderintelligence

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