Juniper Research News

A new study from Juniper Research, the foremost experts in the Internet of Things market, has found that the global number of IoT devices protected by cybersecurity solutions will reach 28 billion by 2028; rising from only 14 billion in 2024. This represents a growth of over 100% over the next four years. However, despite this sizable growth, it warned that as the complexity of IoT networks’ grows, frameworks that underpin security solutions are increasingly necessary to counter frag...

A new study from Juniper Research has found that the number of digital identity apps in use will exceed 4.1 billion globally by 2027; rising from 2.3 billion in 2023. This represents a growth of 82% over the next four years. This increase will be driven by the use of government-backed digital identities to replace physical identity documents as a source of verification for third-party apps, such as banking and financial services. This will be critical, as businesses aim to reduce identity theft...

A new study from Juniper Research has found that the total business spend on SIEM (Security Identity & Event Management) will exceed $6.4 billion globally by 2027, from just over $4.4 billion in 2022. It predicts that this growth of 45% will be driven by the transition from term licence (where businesses can use SIEM for specific licence lengths) to more flexible SaaS (Software-as-a-Service) models (where SIEM solutions are purchased via monthly subscription). This will enable small busines...

A new study from Juniper Research has found that the total cost of eCommerce fraud to merchants will exceed $48 billion globally in 2023, from just over $41 billion in 2022. It predicted that this growth would be accelerated by the increasing use of alternative payment methods, such as digital wallets and BNPL (Buy-Now-Pay-Later), which are creating new fraud risks. Online payment fraud The report recommended that fraud prevention vendors focus on building platforms p...