What is security for IIoT?
IIoT security enables CISOs, network managers, and OEMs to safeguard and control the network's endpoints for connected devices. This comprises:
IIoT endpoints: As more internet-connected devices are used for data analysis and proactive maintenance, more endpoints are at risk of being attacked.
Remote connections: Due to the popularity of remote work, many IIoT devices are now accessed via unsecured Wi-Fi networks.
Legacy hardware: Older hardware is frequently unpatched and introduces "low-hanging fruit" vulnerabilities.
The Importance of Security for Industrial IoT
Security for IoT in the industry is crucial. The risk of company data loss is one of the main factors. Given the increased connections today, losing access to internal systems could significantly impair a company's capacity to conduct business or even threaten its survival.
The same is true for the medical, aerospace, and defense sectors, where increased responsibility is necessary due to patents, trade secrets, and regulated confidentiality. The loss of ownership and use of these priceless intellectual assets could negatively impact a business or expose it to substantial liability risks resulting from a confidentiality breach.
Safety is an essential factor in industrial IoT security. Concerns about public and company safety are present both within and outside of IIoT. For example, a security lapse that permits unauthorized access to devices could result in harm or fatalities. Additionally, a violation allowing the modification of a pharmaceutical formula or an aircraft part performance characteristic might increase the safety risk for many persons outside the organization.
Security Concerns Of The Industrial Internet Of Things
- Securing IIoT Local Area Networks (LAN)
- Safe Data Transmission
- Secure Network Ports
- Secure User Endpoints
Check Point Quantum IoT Protect
Although using Internet of Things (IoT) Security devices in businesses, industries, and healthcare might increase efficiency, it also puts you at risk from the most recent cyber threats. IoT Protect safeguards your business against IoT networks and cyber-attacks, protecting anything from IP cameras to smart elevators to industrial controllers and medical equipment.
Check Point Quantum IoT Protect provides complete security options to safeguard IoT networks and IoT and OT devices. These solutions are designed for industrial, healthcare, smart buildings, and intelligent enterprise offices. For example, let's say you are creating IoT (Internet of Things) devices or integrating them into your company. If so, our solutions can lessen your exposure to IoT cybersecurity threats and stop the next cyberattack.
Research Nester released a report titled “Industrial IoT Market: Global Demand Analysis & Opportunity Outlook 2028” which delivers detailed overview of the global industrial IoT market in terms of market segmentation by component, by end user and by region.Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.According to statistics by the Organisation for Economic Co-operation and Development (OECD), labour productivity and utilization in the European Union decreased significantly from 3.06% in the year 2010 to 0.73% in the year 2018.
Another statistics by the Federal Statistical Office of Germany stated that unit labour costs in Germany increased from (-)1.60% in the year 2014 to 2.40% in the year 2018.The global industrial Internet of Things (IoT) market has been growing at a significantly high rate on account of growing concern for decreasing labour productivity and utilization along with increasing unit labour costs, which is raising the demand for automation of industrial processes.
The industrial IoT market is projected to observe a healthy CAGR of around 9% over the forecast period, i.e., 2019-2026.
Moreover, the market held a market value of about USD 280 billion in 2018.
The market is estimated to grow at a significantly high rate on account of increased applications of Internet of Things in the manufacturing and industrial sector.
Increasing applications of IoT for the operation of various processes at factories is a major growth driving factor for the manufacturing segment in the market.Download Sample of This Strategic Report @https://www.researchnester.com/sample-request-2145On the basis of region, the industrial IoT (IIoT) market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East and Africa.
The global industrial internet of things (IIoT) market is estimated to accrue USD 750 Billion during the forecast period (2018-2023), affirms Market Research Future (MRFR).
IIoT is based on the idea of broad-spectrum internet connectivity to specific business processes that make physical products for business sectors.IIoT is used across several industries such as energy/utilities, mining and metals, aviation, manufacturing, logistics, oil and gas, transportation, and various other industries.
Apart from this, growing investments by various industries in smart technologies to improve operational efficiency also boost the market growth.Industrial Internet of Things (IIoT) Market SegmentAccording to the report, the global industrial IoT market has been segmented on the basis of component, deployment, connectivity, and end-user.
The types of hardware are sensors and radio-frequency identification (RFID), industrial robotics, camera systems, smart meters, 3D printing, flow and application control device, distributed control systems and others.
The market segment of hardware component is projected to account for the largest market share owing to accelerated number of connected devices, increasing application areas of hardware components, and utmost utilization of available resources.
The types of software are manufacturing execution, product life cycle management systems, supervisory control and data acquisition (SCADA) systems, distributed management system, retail management software, and others.
The internet of things (IoT) has moved well beyond a buzzword that’s to arrive at some point in the future — with real-world examples that can now be found in factories, homes and businesses all over the world.This list is an unscientific look at some of the biggest companies attempting to turn the IoT market into a reality.And with the internet of things already making big waves in the energy and manufacturing industries, it’s unsurprising that many of the most well-known technology giants have invested heavily in IoT.Read more Top 10+ Trusted IoT(Internet of things) Solution Provider Companies
23 March 2020: Global Industrial Internet of Things (IIoT) Market Research Report includes In-depth Analysis of industry by recent technologies, trends, opportunities, challenges, key players and business strategies considering types, segment, and future analysis.
The Industrial Internet of Things (IIoT) Market Report Provides Growth History, Sales Channel, Manufacturers Profiled in Industrial Internet of Things (IIoT) Business, Market Share of Product, Application and Regional Scope of Industrial Internet of Things (IIoT) which makes the research report a helpful resource for marketing people, forecasters, industry executives & consultants, sales, product managers, Strategy Advisor, potential investors to understand the present as well as future market size, situations in terms of growth rate and revenue.
The key players profiled in the Industrial Internet of Things (IIoT) market report are General Electric Company (GE), International Business Machines (IBM) Co., Cisco Systems Incorporations, Siemens AG, and Intel Co. Get a Free Sample Copy of Report @ https://www.millioninsights.com/industry-reports/industrial-internet-of-things-iiot-market/request-sample The global Industrial Internet of Things (IIoT) Market size is expected to value at USD 933.62 billion by 2025.
The Industrial Internet of Things industry is subject to witness a substantial growth due to the higher rate associated implementation of IoT technology across the globe.
Some important factors responsible for the growth of industrial IoT industry are cost-effectiveness and easy availability for various advanced electronic devices such as processors, sensors, and other connected systems.
Globally, the industrial IoT market is predicted to grow at CAGR of 27.8% in forecast period, providing numerous opportunities for market players to invest in research and development in the market.
