Advanced International Journal of Multidisciplinary Research

E-ISSN: 2584-0487

An Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

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Volume 2 Issue 5
September-October 2024

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Security Challenges and Business Opportunities in the IoT Ecosystem

Author(s) Sufi Sudruddin Chowdhury, Zakir Hossain, Md. Sohel Rana, Abrar Hossain, MD Habibullah Faisal, SK Ayub Al Wahid, Mohammad Hasnatul Karim
Country United States
Abstract In the growing IoT environment, security seems to be a dominant topic, because of the broad extent of IoT devices functionalities is expressed in the different sectors. This article scrutinizes the elaborate IoT infrastructure, exposing the common flaws and traceable security incidents, which serve as a background in the appreciation of the need of having reliable security frameworks. At the same time, the research paper pinpoints the vast business prospects that will spawn from the issues, highlighting the fact that these can be tapped through the creation and provision of cutting-edge security systems and consultancy services. The study makes a prediction of the future of IoT based on its current rating and empirical evidence by reviewing literature to assess emerging technologies and market trends, which give way for future innovations in IoT security. In general, this paper proposes that interested actors who are proactive and afraid of the emerging security threats have an opportunity to tap into the growth and innovation in building strong IoT systems. Consequently, the insights offered in this paper are appropriate for both the industry stakeholders and the researchers.
Keywords Internet of Things (IoT), Sustainable Business Practices, Energy Efficiency, Cost Reduction, Operational Efficiency, Environmental Sustainability, IoT in Industry, Resource Management, Smart Technology, Digital Transformation, Business Model Innovation
Discipline Other
Published In Volume 2, Issue 5, September-October 2024
Published On 2024-09-18
Cite This Security Challenges and Business Opportunities in the IoT Ecosystem - Sufi Sudruddin Chowdhury, Zakir Hossain, Md. Sohel Rana, Abrar Hossain, MD Habibullah Faisal, SK Ayub Al Wahid, Mohammad Hasnatul Karim - AIJMR Volume 2, Issue 5, September-October 2024. DOI 10.62127/aijmr.2024.v02i05.1089
DOI https://doi.org/10.62127/aijmr.2024.v02i05.1089
Short DOI https://doi.org/g2hsq7
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