The Consumer Internet of Things is the network of consumer devices used in various end-applications, such as smart homes, healthcare, and consumer electronics. The consumer IoT market is estimated to be valued US$46.8 billion (€41.3 billion) by 2018 and is projected to reach US$104.4 billion (€92.1 billion) by 2023, at a CAGR of 17.39% during 2018–2023.
A large proportion of the cost, disruption, pollution and exposure to natural disasters in a city would be eliminated if there were no infrastructure. Imagine no sewage or gas pipes, electricity poles or even sidewalks from which people leap into the face of approaching traffic.
IoT (Internet of Things) sensors, which are embedded within the electronics, software, and actuators of a typical HVAC system, provide a slew of valuable information that can be later analysed for purposes of energy consumption, peak demand reduction, and systems efficiency.
IoT-based warehouse management, like any other emerging technology, also comes with a few challenges/drawbacks of its own. This is why, despite all the advantages and acceptance by the likes of Amazon, Ocado, and Alibaba, many 3PL companies are still hesitant to adopt this technology,
Industrial IoT has developed closely alongside consumer IoT goods and now is here to change the industrial applications as we know. Big data will become reality when all device parameters will be accessible 24/7, says Vizma Bramane of Aranet – SAF Tehnika.
Siemens Building Technologies Division is acquiring Enlighted Inc., a provider of smart IoT (Internet of Things) systems in buildings, headquartered in Silicon Valley. The company is a successful player in the smart building industry, bringing an advanced digital sensory system to market.
u-blox, a provider in wireless and positioning modules and chips, announced the SARA-R412M, an LTE Cat M1, NB-IoT, and quad band 2G (EGPRS) module with worldwide coverage. Measuring just 16 x 26 mm, the module is the world’s smallest to provide both LTE and quad band EGPRS support in a single design.
The report “Smart sensor market by Product (Image, Touch, motion, temperature, pressure, positions), Industry Trends, Estimation & Forecast, 2016-2024”, says the global smart sensor market was valued at $20.75 billion (€17.29 billion) in 2016, and is projected to reach $81.99 billion (€68.31 billion) by 2024, growing at a CAGR (compound annual growth rate) of 18.9% from 2017 to 2024.
Advantech, an embedded computing provider, announces its latest IoT gateway aimed at empowering industrial IoT solutions by UTX-3117 fanless & extended-temp embedded box.
IoT is progressing faster than many could have imagined so we shouldn’t be surprised when it throws up a new term. I came across the “first receiver” when reviewing a book titled “The Future of IoT” that outlined and then explained the concept in detail, but it took a while before the penny finally dropped.
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