{"id":11491,"date":"2021-02-17T13:10:00","date_gmt":"2021-02-17T18:10:00","guid":{"rendered":"https:\/\/www.thesslstore.com\/blog\/?p=11491"},"modified":"2021-04-21T10:40:08","modified_gmt":"2021-04-21T14:40:08","slug":"20-surprising-iot-statistics-you-dont-already-know","status":"publish","type":"post","link":"https:\/\/www.thesslstore.com\/blog\/20-surprising-iot-statistics-you-dont-already-know\/","title":{"rendered":"Re-Hashed: 27 Surprising IoT Statistics You Don\u2019t Already Know"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"h-the-iot-device-market-is-on-the-rise-and-is-poised-to-reach-1-4-trillion-by-2027-according-to-fortune-business-insights-check-out-other-new-iot-stats-in-this-updated-article-for-2021\">The IoT device market is on the rise and is poised to reach $1.4 trillion by 2027, according to <a href=\"https:\/\/www.fortunebusinessinsights.com\/industry-reports\/internet-of-things-iot-market-100307\">Fortune Business Insights<\/a>. Check out other new IoT stats in this updated article for 2021&#8230;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The Internet of Things (IoT) has been a hot topic for decades \u2014 ever since a few <a href=\"https:\/\/www.ibm.com\/blogs\/industries\/little-known-story-first-iot-device\/\">Carnegie Mellon University graduate students<\/a> decided to use ARPANET (the precursor to the modern Internet) and a sensory board to monitor the temperature and availability of a Coca-Cola machine\u2019s products in the 1980s. But where is the IoT industry headed? Looking at some of the highlights from the industry\u2019s top IoT statistics for 2021 helps to shed some light on the growth of the industry that has taken computers from being machines that once required entire rooms of space and revolutionized them into personal devices that can be worn on your wrist. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The fourth industrial revolution (4IR) is making a significant impact in our world and how we do business. Nowadays, it seems like <em>everything<\/em> is connected to the internet. Manufacturing equipment, thermostats, refrigerators, wristwatches, baby monitors, automobiles, medical devices \u2014 even door locks. (Yeah, we don\u2019t think all of these are particularly smart, either, considering the insecurities that plague IoT devices \u2014 but, hey, whatever floats your boat.) <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But the forward momentum doesn\u2019t stop there. Companies are continually striving to make virtually everything connected \u2014 regardless of whether everyone is on the same page about such an increasing level of connectivity. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With all of this in mind, it\u2019s no surprise that the topic of IoT statistics is also of interest to many people. After all, \u201cinternet of things statics\u201d is a term that encompasses a lot of different areas such as: <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The overall IoT market, <\/li><li>The number of IoT devices on the market, <\/li><li>Attack-related statistics, and<\/li><li>The frequency of use by businesses, individuals, and different industries.&nbsp; <\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">So, what IoT stats made our list for 2021? <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Let\u2019s hash it out.<span id=\"newline\"><\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"display:none\" class=\"tl-placeholder-f-type-shortcode_12753\"><\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-27-essential-internet-of-things-statistics-to-keep-you-up-to-speed\">27 Essential Internet of Things Statistics to Keep You Up to Speed<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">We\u2019ve compiled some of the top IoT statistics for 2021. It includes a mix of new and updated statistics (wherever possible) to freshen up the data from our 2019 article. (No, there wasn\u2019t a 2020 article, sorry.) However, it\u2019s worth noting that some of these statistics may seem a bit contradictory \u2014 but that\u2019s because the methodologies used in the studies and calculations differ by source. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-iot-statistics-an-overview-of-the-iot-market\">IoT Statistics: An Overview of the IoT Market<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1 \u2014 The IoT Devices Market Anticipated to Top $1.3 trillion by 2026<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mordorintelligence.com\/industry-reports\/internet-of-things-moving-towards-a-smarter-tomorrow-market-industry\">A report by Mordor Intelligence<\/a> forecasts that the global market for IoT, which was valued at $761.4 billion in 2020, will surpass $1.38 trillion ($1,386.06 billion) by 2026. This compound annual growth rate (CAGR) of 10.53%, which is estimated to occur between 2021 and 2026, is lower than previous estimates due to the impact of COVID-19 on IoT investments and deployments globally. Yet another thing you can chalk up to the effects of the global pandemic.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When we published the IoT statistics article for the first time, we included data from Fortune Business Insights, indicating that the IoT global market, which was valued at $190 billion in 2018, would reach $1.11 trillion ($1111.3 billion) by 2026. Now, Fortune Business Insights projects that the IoT market size, which was $250.72 billion in 2019, will top $1.4 trillion ($1,463.19 billion) by 2027. During the forecast period, that equates to a CAGR of 24.9%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2 \u2014 Global IoT Healthcare Market to Reach $14 billion by 2024<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.zionmarketresearch.com\/report\/iot-healthcare-market\">Zion Market Research data<\/a> indicates that the global IoT healthcare market value will reach $14 billion by 2024 \u2014 this is a CAGR of 12.2% between 2017 and 2024. They attribute the increase to the growing use of cloud computing in healthcare facilities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3 \u2014 <strong>Global IoT Medical Devices Market to Top $62 Billion by 2025<\/strong><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Zion Market Research also estimates that the <a href=\"https:\/\/www.zionmarketresearch.com\/report\/iot-medical-devices-market\">global IoT medical devices market<\/a> is going to have a CAGR of 15.27% between 2019 and 2025. They forecast that this will result in a market worth $62.69 billion ($62,694 million) by the end of that period.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>4 \u2014 83 Billion Connections Estimated by 2024<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.juniperresearch.com\/press\/press-releases\/iot-connections-to-reach-83-billion-by-2024-driven\">Juniper Research reports<\/a> that the \u201ctotal number of IoT connections\u201d will likely reach 83 billion by 2024. This is according to their <a href=\"https:\/\/www.juniperresearch.com\/document-library\/white-papers\/iot-the-internet-of-transformation-2020\">IoT ~ The Internet of Transformation 2020<\/a> whitepaper. This is up from the 35 billion connections they reported in 2020. And the industrial sector, <a href=\"https:\/\/www.juniperresearch.com\/researchstore\/iot-m2m\/internet-of-things\">another of their reports shows<\/a>, is the one they anticipate will lead the way.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>5 \u2014 <strong>45% of Cellular IoT Connections Will Be NB-IoT and CAT-M by 2026<\/strong><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In its <a href=\"https:\/\/www.ericsson.com\/en\/mobility-report\/reports\">November 2020 mobility report<\/a>, Ericsson estimate that the biggest growth of cellular IoT connections will be seen in terms of NB-IoT and CAT-M technologies. NB-IoT, which stands for Narrowband IoT, and CAT-M, which includes Category M1 and M2 in their report, are both low-power wide area (LPWA) technologies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>6 <strong>\u2014 Open-Source Part of IoT Deployments for 60% of Survey Respondents<\/strong><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Data from the first annual <a href=\"https:\/\/www.eclipse.org\/org\/press-release\/20200310-iot-commercial-adoption-survey-2019.php\">IoT Commercial Adoption survey by the Eclipse Foundation<\/a> shows that almost two-thirds of companies plan to make open source part of their IoT deployment plans.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>7 \u2014 IoT Device-Generated Data Predicted to Reach 73.1 ZB by 2025<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.idc.com\/getdoc.jsp?containerId=prAP46737220\">IDC predicts<\/a> that data generated by connected IoT devices globally will grow from 17.3 zettabytes (ZB) in 2019 to 73.1 ZB by 2025. And in case you didn\u2019t know, a zettabyte is the equivalent of 1,000,000,000,000,000,000,000 bytes, according to <a href=\"https:\/\/www.techopedia.com\/definition\/1048\/zettabyte-zb\">Technopedia<\/a>. (Yeah, I didn\u2019t know that, either.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Now, what does IDC think will be the primary sources of all this data? They\u2019re thinking video and security surveillance as well as industrial IoT applications.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-iot-statistics-adoption-rates-and-success\">IoT Statistics: Adoption Rates and Success<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>8 \u2014 COVID-19 Leads to Increasing IoT Enterprise Investments<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The effects of the COVID-19 global pandemic can also be felt in IoT adoptions. Microsoft\u2019s <a href=\"https:\/\/azure.microsoft.com\/en-us\/resources\/iot-signals\/\">2020 IoT Signals report<\/a> indicates that one-in-three decision-makers plan to up their IoT investments while 41% say their existing investments will remain the same.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>9 \u2014 Just Under 40% of Companies Are Deploying IoT Today<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"628\" height=\"420\" src=\"https:\/\/www.thesslstore.com\/blog\/wp-content\/uploads\/2021\/02\/iot-statistic-companies-deploying-iot.png\" alt=\"\" class=\"wp-image-14088\" srcset=\"https:\/\/www.thesslstore.com\/blog\/wp-content\/uploads\/2021\/02\/iot-statistic-companies-deploying-iot.png 628w, https:\/\/www.thesslstore.com\/blog\/wp-content\/uploads\/2021\/02\/iot-statistic-companies-deploying-iot-300x200.png 300w\" sizes=\"auto, (max-width: 628px) 100vw, 628px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">IoT is a growing area. However, the results of the Eclipse Foundation\u2019s 2020 IoT Commercial Adoption survey caution that the growth is slower than what the \u201chype\u201d surrounding IoT would lead you to believe.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Do we have their updated data? Not yet. The Eclipse Foundation&#8217;s new <a href=\"https:\/\/blogs.eclipse.org\/post\/thabang-mashologu\/help-shape-future-iot-and-edge-completing-our-survey\">2021 IoT and Edge Commercial Adoption Survey<\/a> is in the works. To participate, you need to complete the survey before Feb. 28, 2021.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>10 \u2014 58% of financial executives report having well-developed IoT initiatives<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A <a href=\"https:\/\/www.forbes.com\/sites\/insights-inteliot\/2018\/08\/24\/how-iot-is-impacting-7-key-industries-today\/#6c72130f1a84\">Forbes Insights survey<\/a> of 700 executives, performed in\ncollaboration with Intel, reports that financial services organizations lead\nthe way in IoT deployment. The data shows that \u201cclose to six in 10 executives\nin the financial services sector, 58%, report having well-developed IoT\ninitiatives.\u201d The financial services industry is followed closely by the\nhealthcare industry with 55% of survey respondents reporting having \u201cfairly\nrobust deployments in place.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><strong>11 \u2014 92% of EMEA CXOs Believe IoT to Have the Greatest Impact on Their Organizations<\/strong>n is a top strategic objective 94% of executives<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A Deloitte&nbsp;<a href=\"https:\/\/www2.deloitte.com\/content\/dam\/insights\/us\/articles\/us32959-industry-4-0\/DI_Industry4.0.pdf\">Industry 4.0 survey<\/a>&nbsp;of 2,000+ executives across 19 countries shows that CXOs in the EMEA region estimate the biggest impact of the \u201cbig four\u201d technologies on their organizations. This is compared to 45% and 72% of American and APAC CXOs, respectively. The technologies in question are IoT, artificial intelligence, cloud infrastructure, and big data\/analytics.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>12 \u2014 72% View IoT as Having Biggest Organizational Impact<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nearly three-quarters of the same Deloitte Industry 4.0 survey respondents globally say they believe IoT will have the largest impact on their organizations. This is followed by AI (68%) and cloud infrastructure (64%).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>13 \u2014 Enterprises Anticipate \u201cFinancial Payback\u201d for IoT Investments in 3 Years<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.gartner.com\/en\/information-technology\/insights\/internet-of-things\">Gartner reports<\/a> that almost two-thirds of enterprises \u2014 63% \u2014 expect to achieve financial payback within three years of their Internet of Things projects.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>14 \u2014 7+ Million: How Many U.S. IoT Data Points Walmart Manages<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In January 2021, <a href=\"https:\/\/corporate.walmart.com\/newsroom\/2021\/01\/14\/how-walmart-leverages-iot-to-keep-your-ice-cream-frozen\">Walmart shared<\/a> about its use of IoT technologies at scale. In its U.S. stores alone, the corporation manages more than seven million unique data points that transmit nearly 1.5 billion messages. They currently use IoT to monitor and manage refrigeration equipment to increase efficiency. However, the article says that their use of IoT will likely expand into other areas and locations in the future.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>15 \u2014 93% of Executives View IoT as More Beneficial Than Risky<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.pwc.com\/us\/en\/services\/consulting\/technology\/emerging-technology\/iot-pov.html\">This recent data from PricewaterhouseCoopers (PwC<\/a>) indicates that nine-in-10 business executives have an optimistic outlook of IoT, believing its benefits outweigh the risks. (Makes me wonder just how aware they are of IoT-related risks.) PwC tapped approximately 1,000 business executives for the 2019 IoT survey.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>16 \u2014 152,200 IoT devices per minute<\/strong><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"211\" height=\"343\" src=\"https:\/\/www.thesslstore.com\/blog\/wp-content\/uploads\/2021\/02\/iot-statistics-devices-per-minute-2.png\" alt=\"\" class=\"wp-image-14087\" srcset=\"https:\/\/www.thesslstore.com\/blog\/wp-content\/uploads\/2021\/02\/iot-statistics-devices-per-minute-2.png 211w, https:\/\/www.thesslstore.com\/blog\/wp-content\/uploads\/2021\/02\/iot-statistics-devices-per-minute-2-185x300.png 185w\" sizes=\"auto, (max-width: 211px) 100vw, 211px\" \/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/idc-cema.com\/dwn\/SF_177701\/driving_the_digital_agenda_requires_strategic_architecture_rosen_idc.pdf\">IDC data<\/a> estimates that 152,200 IoT devices will connect every minute by 2025. Let\u2019s do the math: When you multiply 152,200 (the estimated number of devices connected per minute) by 525,600 (the number of minutes per standard 365-day year), the total is staggering. It means that by 2025, nearly 80 billion (79,996,320,000) devices are forecast to be connected annually. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-iot-statistics-iot-vulnerabilities-and-how-these-devices-are-used-in-cyber-attacks\">IoT Statistics: IoT Vulnerabilities and How These\nDevices Are Used in Cyber Attacks<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">While IoT devices have many benefits, it\u2019s no secret that they\nalso pose as attractive attack vectors for cybercriminals. The <a href=\"https:\/\/www.owasp.org\/index.php\/OWASP_Internet_of_Things_Project\">OWASP Top 10 Internet of Things 2018<\/a> list is comprised of 10\nIoT-related vulnerabilities and weaknesses, including insecure passwords,\nnetworks, and ecosystem interfaces. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">IoT devices are frequently compromised and added to botnets. These dangerous networks are frequently used to launch <a href=\"https:\/\/www.thesslstore.com\/blog\/what-is-a-ddos-attack\/\">distributed denial of service<\/a> (DDoS) malware and brute-force attacks against businesses of all sizes globally. And really, their monopolization by cybercriminals should come as no surprise.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As said by Dirk Schrader, Global Vice President at <a href=\"https:\/\/www.newnettechnologies.com\/\">New Net Technologies<\/a> (NNT) in an <a href=\"https:\/\/www.securitymagazine.com\/articles\/93731-infected-iot-device-numbers-grow-100-in-a-year\">article by Security Magazine<\/a>:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><em>\u201cIt\u2019s no surprise that IoT devices are the crown jewels for cybercriminals. Businesses around the world are transforming their processes, their production lines using digitalized assets. Having control over these assets means that a cybercriminal\u2019s hand is \u2013 literally \u2013 at the main switch of a digitally transformed company. The danger of being shut down almost completely is the reason why companies are more likely to pay even higher ransoms.&#8221;<\/em><\/p><\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">Here are some IoT statistics concerning attacks on or using connected devices.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>17 \u2014 <strong>Fewer than 42% of Organizations Can Identify Insecure IoT Devices<\/strong><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Visibility of IoT devices on your network is crucial for businesses and other organizations. But no more than two-in-five of the 630 survey respondents from a combined&nbsp;<a href=\"https:\/\/sharedassessments.org\/blog\/a-new-roadmap-for-third-party-iot-risk-management\/\">Ponemon Institute and Shared Assessments study<\/a>&nbsp;(from June 2020) say their organizations can identify inadequately secured IoT devices. And to make matters worse, when they <em>d<\/em>o identify those devices, only 14% step up to replace them immediately.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nothing quite like knowing that something is likely to come back at a later time to kick you in the teeth but choosing to do nothing about it before it has a chance\u2026. Personally, I like my teeth the way they are and want to keep &#8217;em that way. But to each their own, I suppose. &nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>18 \u2014 IoT Devices Typically Attacked Within 5 Minutes<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Five minutes. That\u2019s the average amount of time that it takes for an IoT device to be attacked once connected to the Internet, according to NETSCOUT\u2019s <a href=\"https:\/\/www.netscout.com\/sites\/default\/files\/2019-02\/SECR_001_EN-1901%20-%20NETSCOUT%20Threat%20Intelligence%20Report%202H%202018.pdf\">Threat Intelligence Report<\/a> from the second half of 2018. (If you&#8217;ve found a more recent number for this, be sure to let me know in the comments!)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>19 \u2014 You Can Rent an IoT Botnet for as Little as $0.35<\/strong><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"301\" height=\"318\" src=\"https:\/\/www.thesslstore.com\/blog\/wp-content\/uploads\/2021\/02\/iot-statistics-botnet-rental.png\" alt=\"\" class=\"wp-image-14084\" srcset=\"https:\/\/www.thesslstore.com\/blog\/wp-content\/uploads\/2021\/02\/iot-statistics-botnet-rental.png 301w, https:\/\/www.thesslstore.com\/blog\/wp-content\/uploads\/2021\/02\/iot-statistics-botnet-rental-284x300.png 284w\" sizes=\"auto, (max-width: 301px) 100vw, 301px\" \/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Everyone loves finding a good deal, and cybercriminals are no different. Like consumers at a store, they also shop around for good prices. Flashpoint reports in their <a href=\"https:\/\/go.flashpoint-intel.com\/docs\/pricing-analysis-of-goods-in-cybercrime-communities\">\u201cPricing Analysis of Goods in Cybercrime Communities\u201d<\/a> paper that DDoS-for-Hire service rates in 2019 didn\u2019t let them down.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, you could pay someone to launch a five-hour DDoS attack a site for just $250. Or, if you only want to cause a \u201clittle\u201d problem, you could pay to rent an unprotected HTTPS DDoS IoT botnet \u2014 or a protected HTTP DDoS Windows botnet \u2014 for 10 minutes at a cost of only $0.35. Decisions, decisions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>20 \u2014 Nearly 90% of Risk Pros Think IoT Leaves Them at Risk of Cyber Attacks<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Ponemon Institute and Shared Assessments survey indicates that nine-in-10 surveyed risk professionals believe that cyber attacks and data breaches of their organizations are likely within the next two years due to unsecure IoT and applications.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>21 \u2014 IoT Malware Attacks Skyrocketed in 2018, Trend Continues Through 1H 2020<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/blog.sonicwall.com\/en-us\/2019\/10\/sonicwall-encrypted-attacks-iot-malware-surge-as-global-malware-volume-dips\/\">SonicWall reports<\/a> that IoT malware attacks jumped 215.7% to 32.7 million in 2018 (up from 10.3 million in 2017). In 2019, the attacks continued but showed a more moderate increase of \u201cjust\u201d 5% in IoT malware, according to their <a href=\"https:\/\/www.sonicwall.com\/resources\/white-papers\/2020-sonicwall-cyber-threat-report\/gated\/\">2020 SonicWall Cyber Threat Report<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">SonicWall hasn\u2019t yet released their findings from 2H 2020 (as of the writing of this updated article). However, if the pattern holds of increasing attacks in the second half of the year, then 2020\u2019s attacks may have been greater than the recorded combined total of attacks in 2018 and 2019.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>22 <strong>\u2014<\/strong> Four in Five Medical Imaging Devices Use Outdated OSes<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Palo Alto Networks reports in their <a href=\"https:\/\/unit42.paloaltonetworks.com\/iot-threat-report-2020\/\">2020 Unit 42 IoT Threat Report<\/a> that \u201c83% of medical imaging devices are running on unsupported operating systems.\u201d Isn&#8217;t that comforting? So glad to see that healthcare organizations really learned a lesson from the Eternal Blue exploits of 2017&#8230;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-iot-statistics-concerns-about-data-privacy\">IoT Statistics: Concerns about Data Privacy<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Not everyone is jumping for joy as IoT devices take a stronghold in modern technology. Here are some industry statistics concerning data privacy in the IoT era:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>23 \u2014 98% of IoT Traffic Isn\u2019t Encrypted<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Palo Alto Networks also shares in that same 2020 Unit 42 IoT Threat Report that \u201c98% of all IoT device traffic is unencrypted, exposing personal and confidential data on the network.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Well, that kind of number should wake you up faster than a cup of coffee. We figured it was a good one to grab your attention. Unfortunately, as you\u2019ve seen, that wasn\u2019t the only doozy of a stat that their report delivered.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>24 \u2014 92% of Global Consumers Want to Control Their PII<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Findings from an Economist Intelligence Unit <a href=\"https:\/\/perspectives.eiu.com\/technology-innovation\/what-internet-things-means-consumer-privacy-0\/white-paper\/what-internet-things-means-consumer-privacy\">(EIU) survey<\/a> of 1,600 consumers in eight countries indicate that 92% of global consumers want to control the types of personal information that organizations automatically collect about them. The same number of consumers want to increase punishments for companies that violate consumers\u2019 privacy. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>25 \u2014 74% of Global Consumers Worry About Losing Their Civil Rights<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Data from the EIU survey suggests that the majority of surveyed consumers are concerned that \u201csmall privacy invasions may eventually lead to a loss of civil rights.\u201d <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>26 \u2014 63% of Consumers Find Connected Devices \u201cCreepy\u201d Concerning Data Collection<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While connected devices are exceedingly popular with\nconsumers, nearly two-thirds of surveyed consumers from the U.S., U.K.,\nAustralia, Canada, France, and Japan think the way that connected devices\ncollect data about them and their behaviors is \u201ccreepy.\u201d This data is the\nresult of a <a href=\"https:\/\/www.internetsociety.org\/resources\/doc\/2019\/trust-opportunity-exploring-consumer-attitudes-to-iot\/\">Consumers\nInternational and Internet Society survey<\/a> on consumers\u2019 perceptions and\nthoughts of consumer IoT devices.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>27 \u2014 55% of companies don\u2019t require third-party IoT provider security &amp; privacy compliance<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Ponemon Institute and Shared Assessment survey shows that \u201cLess than half of respondents (47%) evaluate Third Party IoT security and privacy practices before working with those parties.\u201d Furthermore, only 55% require remediation of any identified third-party control weaknesses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>What are some of the important and recent IoT statistics that you\u2019ve come across in your work or research? As always, share your thoughts in the comments. <\/em><\/p>\n\n\n\n<div class=\"wp-block-advanced-gutenberg-blocks-notice is-variation-info has-icon\" data-type=\"info\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewbox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><circle cx=\"12\" cy=\"12\" r=\"10\"><\/circle><line x1=\"12\" y1=\"16\" x2=\"12\" y2=\"12\"><\/line><line x1=\"12\" y1=\"8\" x2=\"12\" y2=\"8\"><\/line><\/svg><p class=\"wp-block-advanced-gutenberg-blocks-notice__title\">Editor&#8217;s Note<\/p><p class=\"wp-block-advanced-gutenberg-blocks-notice__content\"><em>This article on IoT statistics was originally published by Casey Crane on Sept. 4, 2019. The piece, which was updated with lots of new content and statistics, was re-published by Casey Crane as a \u201cre-hashed\u201d version of the article on Feb. 17, 2021<\/em><\/p><\/div>\n\n\n<span style=\"display:none\" class=\"tl-placeholder-f-type-shortcode_12653\"><\/span>\n","protected":false},"excerpt":{"rendered":"<p>The IoT device market is on the rise and is poised to reach $1.4 trillion by 2027, according to Fortune Business Insights. Check out other new IoT stats in this&#8230;<\/p>\n","protected":false},"author":17,"featured_media":14083,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":"","tve_updated_post":"","tve_custom_css":"","tve_user_custom_css":"","tve_globals":{},"tcb2_ready":0,"tcb_editor_enabled":0,"tve_landing_page":"","_tve_header":"","_tve_footer":""},"categories":[16,10200],"tags":[3802,10083],"class_list":["post-11491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hashing-out-cyber-security","category-monthly-digest","tag-iot","tag-statistics","post-with-tags"],"views":44227,"jetpack_featured_media_url":"https:\/\/www.thesslstore.com\/blog\/wp-content\/uploads\/2019\/09\/iot_statistics.jpg","_links":{"self":[{"href":"https:\/\/www.thesslstore.com\/blog\/wp-json\/wp\/v2\/posts\/11491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thesslstore.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thesslstore.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thesslstore.com\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thesslstore.com\/blog\/wp-json\/wp\/v2\/comments?post=11491"}],"version-history":[{"count":0,"href":"https:\/\/www.thesslstore.com\/blog\/wp-json\/wp\/v2\/posts\/11491\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thesslstore.com\/blog\/wp-json\/wp\/v2\/media\/14083"}],"wp:attachment":[{"href":"https:\/\/www.thesslstore.com\/blog\/wp-json\/wp\/v2\/media?parent=11491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thesslstore.com\/blog\/wp-json\/wp\/v2\/categories?post=11491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thesslstore.com\/blog\/wp-json\/wp\/v2\/tags?post=11491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}