The notable shift in technology has completely transformed the anatomy of different industries; now households are attracted to this emerging wave of technology. Amongst all the powerhouses of the world, Australia seems to be the first country that has brought a remarkable number of smart products into operation.
In a recent study conducted by Telsyte, “There are 43% households in Australia with at least one smart product, which is a significant boost from previous year’s 28%.” In Australia, there are 13.8 million connected devices, and the number is expected to reach 30 million by the end of 2021. The current value of connected devices in Australia is $380m which will escalate to $4.8 billion until 2021.
Top-notch features such as cloud-storage system, automatic response, and self-monitoring outcomes have made smart devices a must-have product for everyone. IoT and connected devices in a household can strengthen the security, make daily chores easier and enhance the performance of kitchen appliances. Because of such excellent features, connected devices are rapidly adopted in conventional homes.
Though IoT and connected devices offer boundless possibilities, its dark side is averting a myriad of individuals from incorporating it into their lifestyle. One of the many reasons is its security. Needless to say, IoT and connected device manufacturers have bombarded the market with their products, while the security measures are still compromised. Most of the connected devices are still vulnerable to online attack, and Hackers can easily breach its barriers and alter the data stored in the system. More than 50% of Australia still show concern about their security and privacy when everything will be connected to the internet.
However, it’s certain that IoT and connected devices will make a stout presence in Australia. The emerging trend will soon devour every household, and people will move their steps towards a more convenient technology – Internet of things. For now, we can only hope that IoT manufacturers will enhance the security of their products.