Exploring the Growth of the IoT IAM Market in a Hyperconnected World
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In a world increasingly reliant on connected technologies, the Internet of Things (IoT) has emerged as a transformative force, reshaping industries, economies, and daily life. From smart homes and wearable devices to industrial automation and connected healthcare, IoT is creating a hyper-connected digital environment. With this transformation comes a significant challenge: managing and securing the identities and access of billions of interconnected devices. As a result, the global IoT Identity and Access Management (IAM) market is experiencing unprecedented growth, fueled by a combination of technological, regulatory, and strategic imperatives. The IoT Explosion and Its Security Implications The sheer volume of IoT devices continues to grow at a staggering pace. According to recent industry estimates, there will be over 30 billion connected devices by 2030. Each of these devices represents a potential access point to a network, making IoT ecosystems attractive targets for c...