IoT Growth Is Outpacing Readiness - Here's What the Data Says
IoTforall, Wednesday, June 18th, 2025
The global economy is undergoing a transformation towards software-defined commerce. By 2033, the number of IoT devices worldwide is expected to double, surpassing 40 billion.
That's an average of 14 connected devices per household - not including the growing footprint across factories, farms, hospitals, and supply chains that dominate the global economic infrastructure.
As IoT adoption accelerates, so do the stakes for security and operations. Original Equipment Manufacturers (OEMs) must confront the reality that traditional, hardware-centric product strategies are no longer viable for remaining competitive. Building smarter devices is now only one facet of innovation; OEMs must also consider managing them securely, flexibly, and continuously long after they ship.