The predictions about IoT market made during its peak of inflated expectations phase about 10 years ago were quite optimistic and forecasted 50 billion devices in 2020 and total worldwide market revenues of around 1,8 trillion USD. However, based on predictions from 2020 and 2021, the current IoT landscape in 2023 connects around 15 billion devices, while the worldwide market revenues are around 290 billion USD. In this blog, we try to ascertain why these expectations remained unfulfilled and what are the current prospects for IoT.

Internet of Things (IoT) has undergone a wide adoption in many domains over the past years. The first thing that comes to mind when discussing IoT solutions are physical devices, hardware, either sensors that sense the environment or actuators which change the environment, and applications (software) through which IoT devices can be sensed and controlled.

Often, building an authentication system requires some sort of deployment of IoT devices. At worst, every user needs a RFID device (similar to a key) to authenticate themselves. The idea proposed in this paper (Shi et al.) is to use present Wi-Fi infrastructure, which is very widely available (e.g. your local library has it, even the local candle shop likely has Wi-Fi).

I recommend checking it out just because its design is stunning. Of course, the topic is also very interesting - CPEs and Internet of Things (IoT) devices often have very low energy requirements. On the one hand, such devices are inherently small and require less energy.

Axiros recently unveiled AXESS 3.8.1, an important update to the company’s flagship and industry-leading software.