Tag Archive | internet of things

IoT Packaged Solutions and Services Market Momentum

internet of things market research

Nearly all segments of the Internet of Things (IoT) market recorded double-digit growth in the fourth quarter of 2016 (4Q16), driving an overall 19.3 percent year-to-year revenue gain to $8.2 billion, according to the latest study by Technology Business Research (TBR).

Source: Digital Lifescapes

More IoT and M2M Apps will Gain Momentum in 2017

Retail IoT M2M market research

There’s more growth for the Internet of Things (IoT) technologies sector during 2017. According to the latest market study by Berg Insight, global shipments of cellular IoT devices will grow at a compound annual growth rate (CAGR) of 22.7 percent from 155.6 million units in 2016, to reach 530.1 million units in 2022.

Source: Digital Lifescapes

Industrial IoT Applications will Blossom in Asia-Pacific

internet of things market research

The industrial IoT (IIoT) market will add more than 13 million new wireline and wireless connections worldwide in 2017 to an installed base exceeding 53 million connections, according to the latest study by ABI Research.

Source: Digital Lifescapes

IoT Predictive Maintenance Revenue will Reach $11 Billion

IOT predictive maintenance market research

IoT Predictive Maintenance will reach a CAGR of 39% during 2016-2022, with annual technology spending reaching $10.96 billion by 2022. That’s based on the Predictive Maintenance related revenue of leading technology companies, across 13 industries and 7 technology areas.

Source: IoT Analytics

Huge Upside for Internet of Things in the Retail Sector

internet of things market research

The outlook for retailers have changed dramatically over the last few decades. This sector of the economy has shifted from a cash-driven, supply-driven industry to one that is very digitally-focused. The Internet has transformed retail. Where competition is most intense, innovation and market disruption are ongoing.

Source: Digital Lifescapes

Upside for Industrial Automation and Robotics Technology

industrial automation market research

The emerging market for Internet of Things (IoT) technology is expanding. In particular, industrial automation and industrial robotics — a subset of industrial automation — continue to evolve after decades of growth globally.

Source: Digital Lifescapes

How New Services will Advance the Internet of Things

internet of things market research

As the Internet of Things (IoT) market matures during 2017, there’s an increased focus on IoT service development, as more vendors explore the various new applications that are helping to stimulate growth in the sector. That said, many more devices will be ‘online’ this year. Many for the first time.

Source: Digital Lifescapes