Tag: security spending

Gartner says governments to jack up security spending

The global government Internet of Things (IoT) endpoint electronics and communications market will total $21.3 billion in 2022, according to Gartner.

This represents a 22 percent jump from a forecasted total of $17.5 billion in 2021.

Big G’s senior principal research analyst Kay Sharpington said that local governments worldwide are increasingly using IoT technology to monitor their infrastructure and assets more effectively and improve citizens’ safety and living environments, including controlling the spread of Covid-19 and checking quarantine compliance.

“In addition, the falling costs of devices is contributing to the financial viability of projects that utilise outdoor surveillance cameras and city asset tracking.”

Gartner claims more than half of governments endpoint and communications service spending will be on outdoor surveillance to improve public health and safety, totalling $12 billion.