IoT slumps 18% with Covid-19 impact – but rallies around ‘new normal’ in mid-term

Short-term impacts from the coronavirus (Covid-19) pandemic on the burgeoning internet-of-things (IoT) market will see an 18 percent slump in new wide-area connections in 2020 compared with previous forecasts. However, the IoT sector will find its mark in the longer-term as the planet adjusts to a ‘new normal’ post Covid-19. A combination of manufacturing shut-downs,…