Investment to drive growth in IoT connections and revenue, says report
The Industrial IoT and Medical IoT segments of the Internet of Things (IoT) industry are expected to post the strongest growth by simplifying deployment and boosting adoption, transforming society as a result, according to a report by Visiongain. Other segments such as Transportation IoT and Smart City are not anticipated to grow as rapidly.
Over the next half decade, rising investment from private companies and a few government institutions will deliver robust growth in terms of IoT connections and revenues. The Industrial IoT comprises Agriculture, Oil & Energy, Retail, Manufacturing & Others; the Transportation IoT comprises Sea Transport, Connected Cars and Aviation; and the Smart Home IoT comprises smartphones and utilities.
Profiles of 32 leading players provide insight on their positioning, capabilities, product portfolios, R&D activity, services, focus, strategies and future outlook. Of the companies covered in the report, the majority are mobile operators, such as AT&T, Verizon and Vodafone, as well as tech giants such as Apple, Google and Microsoft.
The report provides a geographical breakdown – Europe, Asia Pacific, North America, Latin America and Middle East & Africa – while covering the foremost national markets – China, the US, Japan, India, Russia, Germany, Brazil, Indonesia, the UK and South Korea. The report also details regulatory controls, supply and demand dynamics, competition, impact on the telecom sector, varying verticals and services, product development and entry challenges.
Interested in hearing industry leaders discuss subjects like this and sharing their IoT use-cases? Attend the IoT Tech Expo World Series events with upcoming shows in Silicon Valley, London and Amsterdam to learn more.
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