Morgan Stanley: Industrial and consumer IoT will take off in 2017 as chipmakers work to embed sensors in their products. It will take 12 to 18 months for the chips to land on the market and, when this happens, it will generate a surge in consumer interest for IoT products. Data security remains a top concern as manufacturers worry about the industrial IoTs potential vulnerabilities. A popular electrical socket is vulnerable to malicious firmware upgrades and can be controlled remotely to expose users to both physical and online security risks.”]
Source: https://www.bitdefender.com/blog/hotforsecurity/2017-will-be-the-year-of-iot-according-to-analysts/