Security takes priority when it comes to the development and deployment of the Internet of Things (IoT), with Gartner predicting that by 2020, IoT security will make up 20% of annual security budgets. (more…)
July 27, 2018
Posted by: Zenobia Hegde
Beluga whales live in the Arctic Ocean and coastal areas of Canada, Alaska, Russia and Greenland. The population is estimated to be 150,000 worldwide. Only around 300 to 400 inhabit the Cook Inlet in Alaska where, in 2008, this species was considered critically endangered. (more…)
July 26, 2018
Posted by: Zenobia Hegde
The IoT Solutions World Congress (IoTSWC) will conduct three workshops to elaborate on aspects of the Internet of Things (IoT) and Artificial Intelligence (AI). (more…)
July 24, 2018
Posted by: Zenobia Hegde
Singtel and Ericsson are strengthening their 5G Centre of Excellence Programme partnership with the announcement of a new initiative that will see Singapore’s first 5G pilot network go live by Q4 this year.
July 23, 2018
Posted by: Zenobia Hegde
Microsemi Corporation, a wholly owned subsidiary of Microchip Technology Inc. announced its newest network synchronisation integrated circuit (IC) product family for Synchronous Ethernet (SyncE) and IEEE 1588 timing and line card applications. (more…)
July 20, 2018
Posted by: Zenobia Hegde
Juniper Networks, a provider of automated, scalable and secure networks, announced a new study, The Challenge of Building the Right Security Automation Architecture. It has been conducted with the Ponemon Institute and found that, (more…)
July 17, 2018
Posted by: Zenobia Hegde
ADLINK Technology, a global provider of computing solutions, has partnered with FogHorn Systems, a developer of software for industrial and commercial Internet of Things (IIoT) solutions. The partners aim to bring edge intelligence to ADLINK’s groundbreaking Digital eXperiments as-a-Service (DXS) product, (more…)
July 16, 2018
Posted by: Zenobia Hegde
BAE Systems has launched The Intelligence Network, an initiative to engage, unite and activate a global community of security professionals and industry influencers in their fight against cyber crime. (more…)
Posted by: Zenobia Hegde
Eurotech, a long-time provider of industrial embedded hardware such as gateways, servers, control systems and boards, computing systems and software solutions, has released version 5.1 of Everyware Cloud (EC), its IoT Integration Platform. (more…)
July 9, 2018
Posted by: Zenobia Hegde
In the recent times, the global Internet of things (IoT) at workplace market witnessed tremendous growth, thanks to the increasing adoption of IoT at workplace technology among consumers due to various benefits it offers, such as the lowered power consumption and reduced cost for an extended coverage area. According to Transparency Market Research (TMR), the global market is expected to continue witnessing high growth.
Increasing Penetration of Technology to Support Market’s Growth
The increasing penetration of technology, even to the remote areas, is the main factor that is influencing the market for IoT at workplace across the world. The rising uptake of IoT at workplace for infrastructural development and the construction of smart cities is also boosting the growth of this market substantially. The augmenting awareness level of consumers regarding the benefits of IoT at workplace technology, such low power consumption, lower cost of components, easy deployment into existing cellular network, excellent extended array in buildings and underground, and the escalated reliability and network security, is likely to support this market in the years to come.
Demand for Energy Management Systems for Workplace Use to Remain High
Smart lighting, energy management systems, security and access control, HVAC control, audio video conferencing system are the main products of IoT at workplace. Among these, the energy management systems segment is reporting the most prominent growth in the global market. This growth can be attributed to the increasing uptake of IoT at workplace technology across a number of industry verticals. However, the security and access control segment is likely to surpass the energy management systems segment in terms of growth rate over the next few years.
North America to Continue at Top
North America, Asia Pacific, Europe, the Middle East and Africa, and South America are the main geographical segments of the global IoT at workplace market. North America, among these, has surfaced as the key contributor to the global market, owing to the presence of a large pool of leading market players. The early uptake of IoT at workplace in this region has also aided the Europe market for IoT at workplace considerably.
Amongst other geographical segments, Asia Pacific has emerged as the most promising regional market for IoT at workplace. This regional market is likely to expand at an exceptional CAGR, thanks to the increasing government investments for the modification of current locales into smart cities.
The leading players, such as ABB Ltd., Cisco Systems Inc., Crestron Electronics, Honeywell International, and various others, are increasing focusing on regional expansion for the development of their business. Partnerships and collaborations are also being taken up by these players to strengthen their position in the global IoT at workplace market.
For more market insights, Get Brochure Report: IoT at Workplace Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025
July 5, 2018
Posted by: IoT global network