US$8bn market for IoT security services predicted on 4G and 5G networks by 2026

Global tech market advisory firm ABI Research forecasts that by 2026, Internet of Things (IoT) cellular connections will number more than more than 3 billion. 4G LTE and LPWA networks will bear the brunt of these new connections and drive a US$8 billion market for IoT security services, says the firm.

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