Locking in Value with IoT Security: Building Trust, Protecting Profits.
IoT is now fundamental to modern business operations. Connected devices are increasingly integrated into critical infrastructure and core business processes.
As IoT adoption accelerates, businesses that secure their environments effectively are positioned for long-term success. The question is no longer if security is needed, but how to maximize its value.
The evolution of security threats is clear—attacks are growing in scale, sophistication and impact, making IoT security a business-critical priority.
In 2024, the average data breach cost reached $4.88 million (IBM), and 97% of organisations reported increased cyber threats since the Russia-Ukraine war (Accenture).
Every industry stands to gain from a strong IoT security strategy, ensuring resilience, customer trust and sustained profitability.
By staying ahead of evolving threats, businesses can secure their future while unlocking new opportunities in the connected world.
Evolution of Attacks: Volume, Sophistication and Strategic Targets
*Extract, full chart in report.
Our free 80-page report, ‘Locking in Value with IoT Security: Building Trust, Protecting Value’, provides expert insights and real-world examples to help business leaders like you turn IoT security into a strategic advantage. Gain access to:
Rethinking IoT Security - A Strategic Investment, Not Just a Cost.
Too often, IoT security is viewed as an expense driven by compliance mandates or fear of regulatory penalties. This mindset undervalues the transformative potential of security as a business enabler.
When implemented strategically, IoT security safeguards more than just data—it protects operations, builds customer trust, and unlocks revenue opportunities.
In a world where trust drives business, IoT security is your competitive edge.
2024 Survey of Business Leaders Security Implementation
Gain actionable insights on how to turn IoT security into a business enabler, as our latest report explores key questions shaping the future of secure scalable IoT, including:
- How are IoT-related cyber threats evolving, and how can businesses mitigate risks more effectively?
- Where do vulnerabilities commonly exist in IoT solutions, and how can companies proactively secure operations?
- How can security frameworks shape a robust, end-to-end IoT strategy, enhancing trust and business continuity?
- What impact will emerging regulations have, and how can businesses stay ahead?
- How does “Security by Design” strengthen IoT ecosystems for long-term resilience?
- How can IoT security certifications enhance trust and competitive advantage?
- What role will AI play in advancing IoT security and defence strategies?
- What key trends will shape IoT security in the next 24 months, and how can businesses prepare?
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About Beecham Research
Beecham Research is a leading technology market research, analysis and consulting firm established in 1991. We have specialized in the development of the rapidly-growing Connected Devices market, often referred to as M2M and IoT, worldwide since 2001.
We are internationally recognised as thought leaders in this market and have deep knowledge of the market dynamics at every level in the value chain.
Our clients include component and hardware vendors, major network/connectivity suppliers, system integrators, application developers, distributors and enterprise users in both B2B and B2C markets. We are experts in M2M/IoT services and platforms and also in IoT solution security, where we have extensive technical knowledge.