Telular Corporation, a technology leader and provider of IoT (Internet of Things) solutions, today announced that it has surpassed one million IoT subscribers in the commercial telematics and security markets. To drive continued growth, the company has strengthened its position in the commercial telematics space by realigning its recent acquisitions under the SkyBitz business unit.
While the advent of smart home solutions has created new revenue streams for residential security companies and subsequently increased the value that an alarm system provides to consumers, the technology still faces several challenges that could hinder its growth moving forward. In fact, according to Tim Hewitt, analyst for security and building technologies at IHS Markit, while the initial uptake of smart home systems by early adopters was in line with expectations, existing market barriers have become more significant as companies have tried to expand their offerings to the broader market. As a result, Hewitt said the market research firm has revised its forecasts to account for the lack of broader consumer interest in connected home products.
First smartphones took on desktop phones, and won.Now it’s the turn of smart washing machines and televisions to challenge traditional home appliances, with analysts predicting their future growth in China could be huge.Fridges syncing up to your smartphone might sound like something from a sci-fi movie but they could soon be a fixture of Chinese households, if companies can make smart technology more useful, according to UBS research.
Few disagree that the Internet of Things is accelerating at rapid speed. Gartner Inc. predicts there’ll be more than 25 billion connected devices in the world by 2020, generating revenues of more than $300 billion for those who catch the wave. But even with this massive amount of growth being forecast, most enterprises fail to understand the opportunity and are not invested in the IoT. Consulting firm Bain & Company Inc. believes a big reason for this is that the definition of the “Internet of Things” is still being misrepresented.To try and add some clarity to the issue, Bain & Company recently published a new report that focuses on “the major emerging battlegrounds” in the IoT that enterprises need to be aware of.
Apple has their own plans to prove their eminence in home automation segment also as they have introduced some related products last year. We have seen many other manufacturers also who brought similar products during this time. However the growth of this segment is a little slower than others. There are a lot of alternatives available here and it has confused a lot of people to choose a particular brand. People close to the industry were hoping that Apple may take a step ahead and will try to bring some unique things for their customers. Now it seems that Apple has taken the step and some reports are claiming that Apple is planning to bring their own HomeKit app.
With every market forecast predicting rapid growth of the overall Internet of Things, industry and investor focus shifts to specific market segments that will experience the quickest adoption. While most of the attention is on particular applications and technologies, I think managed IoT services will be one of the biggest market opportunities.One of the greatest challenges standing in the way of widespread IoT adoption is the lack of skills and experience to evaluate, acquire and integrate all the piece parts necessary to assemble an IoT deployment.
A recent conference focused on the world of Wi-Fi highlighted the immense opportunity created by the blossoming of the Internet of Things (IoT) space, as long as the wireless industry can keep pace with IoT’s rapid growth.RCR Wireless News reported that IoT was the hot topic at the Wi-Fi Now 2016 conference held recently near Washington, D.C. And it’s no wonder, considering the 8 billion Wi-Fi-enabled devices currently in use and the additional 3 billion expected to ship in 2016.
Cisco announced that it is participating in the second edition of Internet of Things Expo 2016 (IoTX), which will be held from March 29-31, 2016 at the Dubai World Trade Centre. As the platinum sponsor of the event, Cisco will demonstrate ‘real life’ smart city scenarios as well as showcase its world-class IoT solutions including the Cisco Digital Ceiling framework at the technology exhibition.Cisco Middle East’s Chief Technology Officer, Osama Al-Zoubi, will deliver a keynote titled ‘Limitless possibilities, imminent disruption: igniting innovation and exponential growth through Digital Transformation’ on March 30, 2016 at 12:45 pm. Shukri Eid, Cisco’s Customer Solutions Director, will speak on ‘What can business do about their biggest IoT vulnerabilities?’ at a panel discussion on March 29, 2016 at 3.15 pm.
The global smart home healthcare market [https://www.psmarketresearch.com/market-analysis/smart-home-healthcare-market ] is expected to grow with a CAGR of 38% during 2016 – 2022. Among the various applications, the fall prevention and detection segment is expected to witness the fastest growth during the forecast period. The global smart home healthcare market is growing at a significant rate, due to growing demand for advanced smart home healthcare technologies, and growing geriatric population. In addition, the increasing demand of mobile health (mHealth) technologies, and increasing demand of personalized healthcare technologies are also driving the growth of the global smart home healthcare market.
By all accounts the Internet of Things (IoT) is prepping for explosive growth. IoT refers not only PC and mobile devices connected to the internet, but also internet-enabled sensors and devices in industrial machines, home appliances, automobiles, buildings, and wearable devices.Cisco predicts that the number of devices connected to the internet will double from 25 billion of 2015 to 50 billion by 2020.IDC estimates the spending on IoT will double from $690 billion in 2015 to $1.3 trillion in 2019, 17 percent annual growth.