IoT Security Spending to Hit $1.5 Billion This Year

THE Journal: Spending on security for the internet of things (IoT) is projected to reach $1.5 billion, up 28 percent over 2017's $1.2 billion, according to market research firm Gartner.

Professional services will account for the bulk of the spending throughout the forecast, at $946 million this year and growing to $2.07 billion by the end of the forecast in 2021.

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