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ABI Research predicts 18% drop in new IoT devices in 2020

from FutureIoT

ABI Research predicts 18% drop in new IoT devices in 2020 FutureIoT While Internet of Things (IoT) will be integral to the long-term recovery plans of the post-COVID-19 economy worldwide, ABI Research said some facets of the IoT itself will be negatively impacted in the short term. In its latest report “Assessing the Impact of COVID-19 on the IoT Market”, the technology research firm predicts an 18% drop in the net addition of IoT devices in 2020 as a result of manufacturing shut-downs, supply chain interruptions, and changes in connected product availability and demand. READ MORE

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