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IoT Devices Projected to Double to 22 Billion

Worldwide use of Internet of Things devices will see explosive growth over the next year but so will security breaches related to them, according to IDC’s global technology predictions for 2016. In a webcast held on Wednesday, IDC projected the number of IoT devices installed worldwide will double to a total of 22 billion by 2018. During the same period, over 200,000 new apps and services will be created specifically for IoT usage, and global IoT spending overall will grow by one-and-a-half times its current level.

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