• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Sequitur Forecasts More Stable IoT Environment

November 30, 2020

Sequitur Labs is predicting that there will be considerable IoT growth in 2021, citing a Verified Market Research study that forecasts that the global IoT market will reach $1.3 trillion by 2026. The company argued that businesses have not yet realized the full potential of IoT technology, with 75 percent of remote device management projects ending with an unsuccessful outcome.

Sequitur Forecasts More Stable IoT Environment

Despite that poor track record, Sequitur believes that the maturation of the software market, and the pre-packaged software market in particular, will reverse that trend and lead to more successful outcomes moving forward. As it stands, the projects that fail typically do so because of their complexity, and because organizations do not have the technical know-how needed to make sure that their new IoT networks are secure. However, more user-friendly software will make it easier for organizations to add new features to their internal and public-facing systems.

With that in mind, Sequitur issued three key predictions for 2021. Most notably, the company predicts that businesses will increasingly support Internet-Protocol-based networks (including Ethernet and Wi-fi) instead of purpose built ones like Modbus or Profibus, a fact that reflects the impact of COVID-19 and subsequent rise of the remote work environment. That has created a greater demand for device management solutions, and for technology that can ensure that those devices and any sensitive applications are protected.

Sequitur then suggested that there will be a growing number of cloud integrations, specifically with regards to smart home device platforms like Google Assistant and Amazon Alexa. It also predicted a boom in the healthcare industry, where remote monitoring devices will be increasingly popular. In both cases, providers will need to make sure that the highly sensitive personal information on those devices remains secure.

“IoT devices will improve the way people work, communicate and live. However, successful implementation will be limited if these devices cannot be used securely,” said Sequitur Co-Founder and CEO Philip Attfield. “The advances in securing remote devices over the past year will lead to incredible innovations in the marketplace, expected to accelerate artificial intelligence and significant technological benefits at the edge.”

Sequitur pitched its own on-device EmSPARK Security Suite to developers that want to provide secure services to their customers. Frost & Sullivan, meanwhile, has previously predicted that the rise of IoT technology will increase the demand for biometric security solutions.

Filed Under: Industry News Tagged With: cloud solutions, cloud technology, coronavirus, COVID-19, industry analysis, industry forecasts, Internet of Things, IoT, IoT market, reports, Sequitur Labs

Related News & Articles

Google Enables YubiKey Support on iOS Devices

HUBUC Deploys IDEMIA’s Motion Code Tech in New European Payment Card

Samsung Reveals More Details of Payment Account App

Primary Sidebar

Register For the Next Virtual Identity Summit

Register now!

Tweets

Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi’s product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • Selfie IDV Innovator Finds Escalating Demand in Q4
  • Another e-Betting Platform Leverages Biometric KYC, Care of Jumio
  • Thai Authorities Approve Mobile ID for Airport Boarding
  • New Yoti Solution Ties Biometrics to e-Signatures
  • Kenya’s New President Pushes for Digital ID By Year’s End

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 MobileIDWorld