IoT

• [New] The revenue from technology affiliated with the Internet of Things will eclipse 1.6 trillion by 2025.
• [New] There will be 125 billion IoT devices, and cellular IoT connectivity will grow to 3.5 billion devices by 2030, as predicted by Ericsson Mobility Report.
• [New] Because of the rapid rise of IoT, billions of devices are now collecting data almost every second all over the world, and the continued digitalization of businesses, the vast data influx known as big data is projected to become a US$ 274 billion industry by 2022.
• [New] China is establishing an autonomous global ecosystem where in the era of the Internet of Things, artificial intelligence, cloud services and ultra-high-speed networks (5G today, 6G in the future), integrated Chinese technologies will play a key role.
• [New] Around 80% of organizations that implemented the Internet of Things have realized greater value than expected.
• [New] Narrowband Internet of Things could lead the cellular IoT module shipment in terms of volume in the next three years.
• [New] We are going to dive deep into the trend of Internet of things which has seen a huge resurgence in the past few years.
• [New] Kineis operates 8 satellites and will launch a 25-nanosatellite constellation in 2023 to boost capacity and develop new use cases.
• [New] Companies such as Cisco, Ericsson and other players have been projecting the exponential expansion of connected IoT devices for years.
• [New] Storage device maker Seagate Technologies is using IoT sensors and artificial intelligence on its manufacturing line to predict equipment failures in real time.
• [New] Recent release of the IDC Worldwide Semiannual Internet of Things Spending Guide indicates a rebound to double-digit growth in 2021 and achieve a compound annual growth rate of 11.7% over the 2020-2024 forecast period in Asia/Pacific (excluding Japan).
• [New] According to PwC, 41% of industrial manufacturers have already felt the benefits of IoT implementation in supply chains, while another 40% hope to see an effect within two years.
• [New] One of the major IoT trends in 2021 and beyond is how IoT technology will digitize care and enable health to be delivered over distances.
• [New] Another prominent technology that will play an important role in shaping the online insurance industry in the coming years is Internet-of-Things.
• [New] Nearly one-third of Global 200 companies will use data from digital twins of IoT-connected assets to drive innovation and productivity.
• [New] Cloud-native point of presences will give a complete response to IoT customers with large bases of globally deployed devices.
• [New] Connected Devices Must Be More Secure The US will establish baseline security standards for IoT manufacturers and require contractors to implement vulnerability disclosure policies.
• [New] Carnegie Mellon University's IoT Assistant provides GPS-based alerts regarding devices within a person's vicinity and offers options for viewing cameras, beacons and other wireless devices that might be collecting or sharing data.
• [New] In order to improve remote management of critical infrastructure and services, 30% of cities will turn to IoT, AI, and digital twins to create a hybrid physical / digital solution by 2025.
• [New] The Internet of Things could enable Europe to synergize environmental policies and pol - icies related to data protection.
• [New] By unlocking a new realm of technological possibilities, the global wireless standard is expected to notably accelerate the shift toward Industry 4.0, the industrial Internet of Things.
• [New] Of the 28 billion total devices connected to the internet by 2021, almost 16 billion will be IoT devices, and manufacturing will account for a large proportion of the total.

Last updated: 26 February 2021