The range of technologies incorporated into IoT devices
make protecting them a strategic process of balancing technical and
business-specific decisions, which leads us to the question that
all IoT-focused businesses should be asking: what are the
intellectual property considerations when it comes to IoT
innovations?
IoT technology continues to gather pace, with a projected 27
billion IoT devices connected by year 2025. By then, IoT technology
is also expected to have a global economic impact hitting several
trillions of dollars, with applications spanning healthcare
devices, autonomous vehicles, wearable tech, digital twinning,
security, and traffic monitoring, to name just a few.