Sunday, November 27, 2022
Published 3 Years Ago on Tuesday, Mar 03 2020 By Inside Telecom Staff
Internet of Things (IoT) is fueling the transformation for enterprises,
consumers, and governments. Emerging and evolving tools and technologies such
as smart speakers, machine learning, and 5G are ensuring increased efficiency
and more control within the home and in places of work.
The continued growth and development of the Internet of Things (IoT) industry is going to be a disruptive force across all companies and businesses. Implementing all our devices with connectivity ensures that the market is on track to be worth almost $3 trillion on an annual basis by 2026.
survey and consequent report conducted by Business Insider also supports these
projections. The data obtained in the survey further supported the prediction
and has helped to create a more refined analysis on the IoT market
year-after-year. One main difference in the survey this year, is that it shows
that companies plan to invest in IoT solutions and how this is in fact
accelerating with emerging 5G markets. The report forecasts that there will be
more than 64 billion IoT devices by 2025, up from 10 billion in 2018.
Insider Intelligence is keeping its finger on the pulse of this ongoing
revolution by conducting our third annual Global IoT Executive Survey, which
provides us with critical insights on the most pivotal new developments in IoT
and explains how top-level perspectives are changing year to year. Our survey
includes nearly 400 responses from key executives around the world, including
C-suite and director-level respondents.
this study and detailed research into the field, the report details the components that comprise the IoT ecosystem. It contains a thorough IoT
market analysis and uses exclusive data to identify the main trends in the
sector of connected devices. The companies that are mentioned in the report are:
Alibaba, Alphabet, Amazon, Apple, Around Analytics, Arm,
AT&T, August Home, C3 IoT, China Mobile, Dallas Innovation Alliance, Dell,
Ericsson, Filament, FogHorn, Google, Grubhub, Guardzilla, Huawei, ibex, Intel,
Microsoft, Next, Nokia, Pandora, PsiKick, Qualcomm, SAM, Samsung, Sidewalk
Labs, Spotify, STMicroelectronics, Verizon, Whirlpool, and Xage.
The report is online for
purchase at Business Insider research store but Inside Telecom have highlighted
some of the main findings:
The report also highlights the opinions and experiences of IoT decision-makers on topics that include: drivers for adoption; major challenges and pain points; deployment and maturity of IoT implementations; investment in and utilization of devices; the decision-making process; and forward- looking plans.
When a region’s economy contracts over several months or even years, a recession occurs. The region’s gross domestic product (GDP), or the sum of the value of the goods and services it produces, declines during these times. At the same time, sudden changes in the cost of commodities like gas or oil are possible. Industries […]
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