Tag Archive | internet of things

U.S. Utility Companies are Exploring New Digital Apps

industrial digital transformation market research

Digital transformation has begun to impact the industrial sector where maintaining security is a high priority. According to the findings from a recent survey of U.S. based utility companies, 40 percent of respondents believe that data security is the leading barrier to the adoption of new digital technologies.

Source: Digital Lifescapes

IoT Security Revenue to Reach $4.4 Billion by 2022

Global spending on IoT security is currently estimated at $703 million for 2017 and forecast to grow at a CAGR of 44 percent over the six-year period to become a $4.4 billion market opportunity by 2022.

Source: IoT Analytics

Connected Car Commerce Revenue will Reach $100 Billion

connected car market research

Beyond the connected car ecosystem, there are opportunities for integration with other emerging technology ecosystems — such as the smart home and smart city technology. The ultimate commercial value of the ecosystem will be determined by others, such as government policymakers and Mobile Network Operators (MNOs).

Source: Digital Lifescapes

Digital Transformation is Fueled by Disruptive Innovations

digital transformation market research

What’s disruptive innovation, and why does it matter to leaders in the C-suite? It’s how the savvy non-conformist will target market opportunities. How does this happen, when established companies seem to have the advantage? Creative software developers can quickly apply new technologies and digital business models to capture untapped demand.

Source: Business Technology Roundtable

IoT Apps Integrated with Machine Learning and Blockchain

internet of things IoT market research

Internet of Things (IoT) market growth will accelerate in 2017, with the adoption of narrowband IoT (NB-IoT), according the the latest worldwide market study by Frost & Sullivan. This cellular technology uses licensed spectrum and offers a standardized low-power, wide-area network (LPWAN) solution.

Source: Digital Lifescapes

Internet of Things Apps are Booming in Hospitality Sector

internet of things market research

The ecosystem for Internet of Things (IoT) applications in the B2B market continues to blossom, as more vendors develop new offerings. ABI Research found that both partner programs and their member companies are maturing, with 59 percent of listed organizations receiving a high grade.

Source: Digital Lifescapes

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