Smart home payments transaction value to exceed $164bn globally by 2025

A new study from Juniper Research has found that the total transaction value of smart home payments, payments that occur via smart home devices, will exceed $164 billion (€138.21 billion) in 2025, from $22 billion (€18.54 billion) in 2020.

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Spend on digital twins to reach $12.7bn by 2021, as solutions offer IoT investment RoI

A new study from Juniper Research has found that total global spend on Digital Twins will reach $12.7 billion (€11.3 billion) by 2021; an increase of 17% from $10.8 billion (€9.6 billion) in 2019. Digital Twins are a digital representation of physical assets that utilise IoT data; enabling use cases such as predictive maintenance when

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IoT platform revenue to grow 20% in 2020, despite global COVID-19 pandemic

A new study from Juniper Research has found that IoT platform revenue will reach $66 billion (€60 billion) in 2020; rising from $55 billion (€50 billion) in 2019. This represents an annual rise of 20%.

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IoT Day: IoT connections ‘to reach 83bn by 2024’

This year’s worldwide Internet of Things (IoT) day, which falls (Thursday, 9 April), coincides with a telling forecast as to what the future might hold for the use of IoT.

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IoT connections to reach 83 billion by 2024

A new study from Juniper Research found that the total number of IoT connections will reach 83 billion by 2024, rising from 35 billion connections in 2020. This represents a growth of 130% over the next 4 years. The research identified the industrial sector as a key driver of this growth. It forecast that this expansion will

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Blockchain to save the food industry $31bn by 2024, driven by IoT partnerships

New data from Juniper Research shows that blockchain will enable $31 billion (€27.9 billion) in food fraud savings globally by 2024 by immutably tracking food across the supply chain. Substantial savings in food fraud will be realised from 2021 and compliance costs will be reduced by 30% by 2024.

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Telit adds new cellular Low Power Wide Area modules to portfolio

Telit, a global enabler of the Internet of Things (IoT), announced two new Narrow Band-IoT modules to the Telit portfolio, the NE310H2-W1 and NL865H2-W1. With a global set of bands from Telit unified family form factors, the modules are ideal for 2G to 4G NB-IoT transition and offer the lowest power consumption for battery-driven applications

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Low power IoT service revenues to exceed $2.6bn by 2024, as operators seek new revenue streams

A new study from Juniper Research found that service revenues from low power IoT technologies will exceed $2.6 billion (2.3 billion) by 2024; rising from only $290 million (263 million) in 2019, a growth of 800% over the next 5 years. Low power IoT technologies include low-priced wireless connections that deliver low bandwidth and power

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Consumer robotics shipments to reach 74mn by 2024 as coding tools become ubiquitous, says Juniper Research

A new study from Juniper Research finds that more than 74 million consumer robots will be shipped in 2024, up from an estimated 28 million in 2019.

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M2M connections to exceed 1.6bn by 2024, driven by embedded SIM adoption says Juniper Research

A new study from Juniper Research has found that the global number of cellular M2M connections will reach 1.6 billion by 2024; rising from 596 million in 2019. This is a growth of 165% over the next 5 years.

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Smart home automation revenues to exceed $57mn by 2024, driven by smart security

New data analysed by Juniper Research indicates that automation revenues will exceed US$57 million (€50 million) by 2024. This is up from $18 million (€16 million) in 2019, and is driven by smart security solutions.

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Blockchain to transform retail with asset tracking revenues reaching $4.5bn by 2023

New research by Juniper Research found that annual revenues from blockchain retail asset tracking will leap to $4.5 billion (€3.9 billion) by 2023. While anything from gemstones to cars and healthcare can be tracked on blockchain, retail is a hotbed for the technology.

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In-vehicle commerce opportunities drive total connected cars to exceed 775 mn by 2023

A new report from Juniper Research has revealed that 775 million consumer vehicles will be connected via telematics or by in-vehicle apps by 2023, rising from 330 million vehicles in 2018. This is an average annual growth of 18.7% over the next 5 years.

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Almost two-thirds of large enterprises planning to deploy blockchain, Juniper finds

A new Juniper Research survey has found that 65% of responding enterprises with more than 10,000 employees are considering or actively engaged in blockchain deployment. This marks a significant rise from last year, when the corresponding figure was 54%.

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Cybersecurity breaches to result in over 146 bn records being stolen by 2023

A new report by Juniper Research found that over 33 billion records will be stolen by cyber criminals in 2023 alone, an increase of 175% over the 12 billion records expected to be compromised in 2018, resulting in cumulative loss of over 146 billion records for the whole period.

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Self-Driving vehicles to reach 50mn by 2026, as Singapore and US Lead Country Readiness Index

New findings from Juniper Research reveal that by the end of 2026 there will be over 50 million autonomous vehicles on the road, with over 10 million in the US and 15 million in the Far East and China. In comparison, the global market will account for 1.5 billion vehicles on the road during the same year.

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