The global IoT market is predicted to be worth $1.1 trillion by 2024. The value of IoT became readily apparent during the COVID-19 pandemic thanks to its ability to assist with a wide number of use cases. The NFL made extensive use of wearable connected sensors to safely manage the return of players, coaches and support staff with contact tracing. Connected devices have also played a prominent role in facilitating remote working in areas such as manufacturing, transport and agriculture. Firms must be careful when selecting devices as part of their business transformation efforts and ensure anything being connected to the network is adequately secured.
Source: https://www.helpnetsecurity.com/2021/06/28/iot-connected/