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What Are the Top Hurdles to IoT Adoption in 2024?
- Security threats remain the biggest hurdle to IoT adoption, especially at the "perception layer." This is due to device spoofing, physical tampering, node capturing, and signal jamming. eSIM and its corresponding SGP 3.2 standard hold the potential for enhancing security in IoT ecosystems. eSIM devices enable remote and bulk management of device profiles, thereby enabling swift security updates and patches. Edge IoT devices may help relieve the security burden on IoT networks, by processing data locally. Organizations rely on managed IoT service providers that offer end-to-end support. Technical support remains a persistent challenge for businesses.
- Only 0.4% of organizations across the US and UK are responsible for establishing connectivity of 98% of the devices.
- IoT devices often have limited processing power and memory, which makes it challenging to integrate traditional security features, such as firewalls or encryption protocols, leaving them more vulnerable to attacks.
- The SGP.32 standard, a feature of eSIM IoT, introduces several security enhancements that can fortify the perception layer against potential breaches.
- Edge IoT devices decrease the exposure to external threats, including interception and manipulation during data transmission.
- Managed IoT service providers offer end-to-end support from device deployment to ongoing monitoring and security updates, ensuring operational efficiency and data security.
- Organizations in agritech and manufacturing are particularly keen on processing data at the edge, driven by concerns over privacy, security, and unreliable centralized data processing.
- A lack of adequate technical support continues to impede IoT adoption, with businesses relying on managed IoT service providers for end-to-end support.
- Navigating the complexities of eSIM transitions and securing IoT networks at scale will require navigating through entirely different sets of hurdles.
- Businesses still face considerable hurdles in managing connectivity, ensuring security across multiple layers, and obtaining adequate technical support.
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