Tag Archive | IoT

Autonomous Vehicle Ecosystem Gains Momentum

autonomous vehicle market research

According to the latest worldwide market study by Juniper Research, 50 percent of new vehicles will be shipped with Vehicle-to-Vehicle (V2V) hardware by 2022 — it’s a wireless communication technology that enables real-time short-range communication between vehicles.

Source: Digital Lifescapes

Internet of Things will Enhance Residential Security Apps

security monitoring market research

Security system monitoring via the Internet is still a growth business. According to the latest market study by Berg Insight, the number of monitored security alarm systems in the European market is forecast to grow from 8.7 million subscribers in 2016, at a CAGR of 4 percent, to reach 10.6 million in 2021.

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

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