Tag Archive | Telecom

Why Smart Cities Invest in Digital Transformation

Why Smart Cities Invest in Digital Transformation

Unprecedented urbanization is compelling cities to fundamentally reimagine and transform for the future – and fast. According to a study, roughly half of the world’s population lives in cities today and that figure is expected to increase to 68% by 2050.

via World Economic Forum

IoT Solutions Revenue will Reach $745 Billion in 2019

IoT Solutions Revenue will Reach $745 Billion in 2019

Many new internet apps will be deployed during this year. Worldwide spending on the Internet of Things (IoT) is forecast to reach $745 billion in 2019, that’s an increase of 15.4 percent over the $646 billion invested in 2018, according to the latest market study by IDC.

via Digital Lifescapes

IoT Forecast: 22 Billion Connected Devices by 2025

IoT Forecast: 22 Billion Connected Devices by 2025

There are 7 billion Internet of Things (IoT) devices connected at the end of 2018. Most of those devices are connected via short-range protocols (WPAN or WLAN). Connected IoT devices will reach 22 billion by 2025, in part driven by new low-power wide-area (LPWAN) standards as well as 5G cellular.

via IoT Analytics

83% of U.S. Households Have Internet Access

83% of U.S. Households Have Internet Access

The most common reason for not getting Internet service at home is a lack of perceived need (cited by 46%).  This reason is followed by cost (cited by 17%), the ability to access the Internet on a smartphone (cited by 11%), and availability issues (cited by 9%).

via Leichtman Research Group

5G Network Technologies Transform Industrial Markets

5G Network Technologies Transform Industrial Markets

Expect to see and hear more commentary about fifth-generation (5G) wireless communication related national leadership policies in 2019. Physical industries are rapidly transforming on an unprecedented scale with digitization becoming a critical priority that fuels the Global Networked Economy.

via Digital Lifescapes

Internet of Things Drive Smart Parking Upside

Internet of Things Drive Smart Parking Upside

Smart parking products and services will grow at a CAGR of 14% and surpass $3.8 billion by 2023. That’s based on growing smart parking adoption across all regions, and the analysis of distinct technological subsets of the smart parking market.

via IoT Analytics

How Mobile Fuels Global Digital Commerce Growth

How Mobile Fuels Global Digital Commerce Growth

Today, 4 billion people are connected to the internet, and nearly all of them (92.6%) do so using their mobile devices. Every day, 85% of users (3.4 billion people) connect to the internet and spend, on average, six-and-a-half hours online. Consumers are spending more time, with increasing frequency, on an expanded range of diverse digital activities.

via Nielsen