The IoT world continues to grow. More and more companies are joining the actively developing trend: some are throwing all their efforts into brand promotion, while others are following trends and focusing on the development of optimal solutions based on advanced technologies. Perenio IoT spol s r.o. also keeps pace with the innovations of the industry, taking into account the prospects and possible challenges, so that the company's products are not only in demand but also comply with the constantly rising standards.
Experts predict the IoT sensor market will grow to $22.5 billion
Let's turn to a recent specialized study by MarketsandMarkets: it showed that by 2023, the average annual growth rate of smart devices will be 33.6%. Already today sales exceed $5 billion a year, and in five years this figure should grow to 22.48 billion!
Smoke, motion, and leakage sensors are gaining in popularity among consumers in the first place.
Along with the growth of sales, there are new areas of application of such devices (for example, today it becomes popular to design "smart" clothes). Experts like NerdyTechy (Robert Brown) believe that the most popular product of the future is pressure sensors, which are now most often used in manufacturing and in the automotive industry.
In the coming years, customers' demands will be dictated by entire intelligent building management systems. With this need in mind, Perenio is developing a universal system that will enable it to incorporate technology from other manufacturers into a single network. After all, today, they do not communicate well with each other because they use different data transfer protocols and each network requires a separate control center. Thus, a comprehensive solution will allow consumers to focus on the functional characteristics of a smart device rather than on its brand.
What could threaten the Internet of Things?
Positive changes in the sphere are accompanied by a spoonful of tar because the number of cyberattacks is increasing every year: criminals use the Internet of Things to steal personal information or blackmail. Most of the 490 million IoT products that exist today are vulnerable to, for example, DNS-rebinding. Does this mean that any smart sensor or camera can become a weapon in the hands of an attacker? Potentially, yes, but don't despair. First, ordinary building control system owners are unlikely to be of interest to Internet thieves, and second, there are a number of ways to protect against them.
The legal point is very important. For example, all Perenio Smart Management System owner information is under the General Data Protection Regulation. This means that the company is responsible for storing customer records, and therefore will be interested in keeping its servers as secure as possible. You can read more about GDPR in one of our articles.
Also, each user can strengthen the protection of IoT equipment on his or her own. For example, by properly configuring the DNS server. The main thing to consider is that it is impossible to connect to your system from the outside, so it is recommended to change the factory settings and prescribe personal settings for all "home" gadgets, up to smartphones. You can control the data transfer through the control center.
Learn more about how to protect yourself from cybercriminals in a future article on our blog.
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