IoT

• [New] IoT has reached a high level of maturity across most organizations, with businesses across all industry sectors now planning to spend an average of $2.8 million on their IoT investments through to 2024. Help Net Security
• [New] Increased penetration of smart technologies, internet-enabled services, the internet of things, and artificial intelligence is further substantiating the growth of the global IoT in the farming market in the forecast period, until 2026. Bisinfotech
• [New] Internet of Things solutions are being deployed in many use cases on an increasingly large scale: the number of IoT connections between 2021 to 2026 is forecasted to grow at a CAGR of 22.6%, based on MD-IoTMWW-109. ABI Research
• [New] Growth in IoT will push a high demand on cloud computing in the coming years. IT Business Edge
• [New] Inmarsat's global ELERA network will enable Hiber to bring IoT solutions and services to more customers in the most remote locations across the globe. IoT Business News
• [New] APAC is expected to register the highest growth in the IoT node and gateway market during the forecast period from 2021 to 2027. Yahoo Finance
• [New] Inmarsat will provide the satellite connectivity backbone through its Elera networks on which Hiber will continue to build its Hiberband low-power network for IoT and provide connectivity in remote and rural regions. DatacenterDynamics
• [New] Data from Fortune Business Insights shows that the IoT market is projected to top 1.4 trillion devices by 2027 with nearly a 25% compound annual growth rate! Hashed Out by The SSL Store
• [New] Until 2025, annual shipments of cellular IoT gateways are forecasted to grow at a compound annual growth rate of 14% to reach 7.2 million at the end of the forecast period. IoT Business News
• [New] The installed base of satellite IoT connections will increase at a compound annual growth rate of 35.8% to reach 15.7 million units in 2025. media.berginsight.com
• [New] Edge technologies power millions of IoT applications in industrial, retail, healthcare and smart cities environments, and, prior to 2020, analysts expected an additional bump from virtual reality and 5G in the coming years. Itproportal
• [New] Critical vulnerabilities have been disclosed in hardware random number generators used in billions of Internet of Things devices whereby it fails to properly generate random numbers, undermining their security and putting them at risk of attacks. New Electronics
• The number of satellite IoT subscribers will increase at a compound annual growth rate of 35.8% to reach 15.7 million units in 2025, the firm reports. Elektormagazine
• Shipments of cellular IoT gateways will grow at a CAGR of 14.4% in the next five years to reach 7.2 million units in 2025. The Internet of Things
• The Asia Pacific regional market is expected to expand at the highest CAGR from 2021 to 2028, owing to rapid advancements in the internet of things, cloud computing, and IT infrastructure. www.guidedcxforum.com
• Hiber will continue using its own proprietary protocols that allow for ultra-low power and low-data consumption levels to connect to Inmarsat's ELERA network and power its IoT solutions. Inmarsat Corporate Website
• Inmarsat, the world leader in global, mobile satellite communications, will provide the satellite connectivity backbone on which it will continue to build Hiberband, its revolutionary low-cost, low-power network for Internet of Things products. Inmarsat Corporate Website
• Hiber instead will provide IoT services using capacity on a third-party satellite system it did not identify. the weekly ledger
• Emergence of smart cities and industrial internet of things (IIoT) technology, especially in East Asia will continue to augment market growth. Yahoo Finance
• Toyota has even broken ground on a smart city test area known as Woven City in Japan, where it will deploy new vehicles, sensors and internet of things devices in a real-world setting. Smart Cities Dive
• The global LPWAN market will grow $6.33 billion in 2020 to $250 billion by 2026 a compound annual growth rate of 85% as IoT and M2M apps are adopted, with the biggest growth coming from utilities. Mobile Europe
• GITEX Global will highlight other technologies that will impact the healthcare sector in years to come, such as AI, cybersecurity, 5G, cloud, IoT and more. Gulf Business
• Current and future market trends that are influencing the growth opportunities and growth rate of the global IoT Connectivity Market. Global Market Post

Last updated: 22 October 2021