Internet of Things: Trends in 2020

IoT - Hot Topics for all branches

The Internet of Things, networked machines and smart devices are becoming more and more important for many areas of everyday life, including in the environment of so-called Industry 4.0. The market research company Bain & Company determined in an analysis that although companies are networking their machines and products ever more quickly, the topic of cyber security is an important issue, especially in Germany in the area of IoT and Industry 4.0, which must be implemented with new concepts.

In parallel, forward-looking technologies such as 5G and edge computing will gradually improve the capabilities of IoT devices, expand the potential of IoT devices, increase the speed of data processing and reduce data latency. For example, they make it possible to transmit data in milliseconds via wearables: A fingerprint scan to enter a building, or a voice command to schedule a meeting. 

For 2020 and beyond, the International Data Corporation IDC predicts further rapid growth for the IoT market: According to IDC, by 2025 there will be 41.6 billion connected IoT devices or "things" that generate a total of 79.4 zettabytes of data. Three central IoT trends are emerging for 2020, with a particular focus on the challenge of end-to-end security from IoT devices to IoT platforms.


Trend 1: Cybersecurity is becoming increasingly important

The rapid growth of IoT offers many potential attack scenarios for criminals, from DDoS attacks to so-called reverse engineering of firmware and operating systems, in which the source code is reset in order to establish a fake structure, which in turn wants to tap passwords for the real infrastructure. By 2020, these challenges will become more and more obvious and the investment in cybersecurity will be correspondingly higher. In the best case scenario, an IoT security incident does not cause much material damage to the company, but it does force action to be taken to quickly eliminate the identified vulnerability. At the very least, such an incident should be the occasion to investigate where vulnerabilities in IoT environments can occur. Prevention by investing in cybersecurity measures are the appropriate keywords here.


Trend 2: Cloud Services and Public Key Infrastructure

2020 will see a significant increase in cloud security offerings, which will also impact the Public Key Infrastructure (PKI) segment. A so-called PKI relies on strong authentication, data encryption and digital signatures and thus prevents identity misuse. This technology can be used to implement many access control systems, including secure access to an IoT environment. In combination with a central device management it is possible to identify fake devices and thus prevent data manipulation. In IoT business, the trend towards Managed PKI is growing. Managed Service Providers (MSP) for PKI solutions provide a functional, trustworthy and WebTrust-tested cloud-based environment for managing the validity periods and profiles of digital certificates. Lucrative side effect: In addition to increased security, companies also benefit from the associated scalability and cost efficiency.


Trend 3: Industry 4.0 is becoming increasingly important

The Industry 4.0 area will take a big step forward in 2020. The trend towards this was already apparent in the previous year: According to a Bitkom survey from spring 2019, at that time alone in Germany every fourth machine in the manufacturing industry was already connected to the Internet. More than half of the companies already relied on special industry 4.0 applications, another fifth wanted to introduce them in the near future. This year, this trend is set to intensify even further, with production environments being further networked and new business models being implemented. At the same time, it will be an almost vital principle for companies to think about cybersecurity requirements from the outset for every planned application in Industry 4.0. In practice, according to a recent IoT study by Gartner, the ideal solution would be to combine a public key infrastructure with an additional authority for digital identities. Produced components thus receive a secure digital identity already during the manufacturing process.


veröffentlicht am : 2020-02-17 14:40