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Automotive sensor market revenue to grow to $92bn globally by 2026

Hampshire, UK . 29th November 2021: A new report from Juniper Research has found that the automotive sensors market will grow to over $92 billion (€81.64 billion) by 2026; a 30% increase over 2021. This growth will be driven by sensors that enable automated vehicles and ADAS (Advanced Driver Assistance Systems). (more…)

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November 29, 2021

Posted by: Anasia D'mello

Widening Application Base to Boost Growth of Global IoT at Workplace Market

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

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July 5, 2018

Posted by: IoT global network

Demand for industrial automation and IIoT fuels global pneumatic valves and actuators market growth

Frost & Sullivan’s latest analysis of the pneumatic valves and actuators market finds that Industrial Internet of Things (IIoT) adoption is expected to increase significantly due to rising energy costs and end-user demand for lower product costs, improved operational efficiency, and increased machine uptime. (more…)

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March 5, 2018

Posted by: Zenobia Hegde

PTC accelerates the global rollout of its subscription business in most markets

PTC’s new software licences for its core solutions and ThingWorx® Industrial Innovation Platform will be available globally only by subscription, effective January 1, 2019. There will only be six countries that are exceptions. The exceptions where PTC has not announced plans for a complete transition from perpetual licensing to subscription are China, India, Korea, Russia, Taiwan, and Turkey.
(more…)

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January 24, 2018

Posted by: Zenobia Hegde

Global smart home market worth US $6bn by end of 2017 and rising fast, says Futuresource Consulting

Smart home devices are shaking off their novelty image and moving mainstream to become one of the fastest growing consumer electronics categories of 2017. That’s according to a new smart home report from Futuresource Consulting, which reveals that the devices will achieve a retail value of $6bn (€5.10bn) worldwide this year, with revenues expected to triple by 2021. (more…)

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October 10, 2017

Posted by: Avadhoot Patil

Global smart home market worth US$6bn by end of 2017 and rising fast, says Futuresource Consulting

Smart home devices are shaking off their novelty image and moving mainstream to become one of the fastest growing consumer electronics categories of 2017. That’s according to a new smart home report from Futuresource Consulting, which reveals that the devices will achieve a retail value of $6 billion (€5.11 billion) worldwide this year, (more…)

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Posted by: Avadhoot Patil

Laird joins IoT M2M Council for ‘breadth of markets and global reach’

Laird PLC, a provider of hardware, testing, and design solutions for the Internet of Things (IoT), has joined the London-based IoT M2M Council, the largest and fastest-growing trade group representing the global IoT sector. (more…)

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June 16, 2017

Posted by: Avadhoot Patil

Reality is that IoT market value will be worth less than US$0.5tn globally by 2025, says Strategy Analytics

IoT (the Internet of Things) undoubtedly offers significant cost savings, says Strategy Analytics, such as improved efficiency, reduced downtime, enhanced supply chain and new business opportunities. However, the market value for IoT solutions has been dramatically inflated by some analysts. (more…)

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April 6, 2017

Posted by: Avadhoot Patil

Global IoT security market to grow at an impressive CAGR of 48% through 2021, says Technavio

According to the latest market study released by Technavio, the global Internet of Things (IoT) security market is expected to grow at a CAGR of close to 48% during the forecast period. (more…)

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January 25, 2017

Posted by: Avadhoot Patil

IoT Global Awards 2026 winners

IoT Global Awards 2026 winners announced

Recognising innovation in iSIM, industrial AI and fleet technology, the winners of the IoT Global Awards for 2026 have been selected.

Following a rigorous evaluation by an independent judging panel of industry analysts, standards specialists and media specialists in the sector, the winners were announced today as the companies and individuals who are actively reshaping global connectivity and edge intelligence.

The 2026 IoT Global Awards Winners are:

Securing IoT: Wireless Logic | AI-powered security for IoT at scale

Connected Health or Wearable Tech: KORE | KORE OmniSIM™ and ConnectivityPro®

Automotive, Transport & Travel: Wialon | Wialon

Big Data, Cloud & Analytics: Atombeam | Atombeam Neurpac

Connected Consumer & Smart Home: Altair Semiconductor, with MIXI, Inc. and JENESIS CO., LTD. | Japan’s First iSIM Kids GPS Tracker, Powered by the ALT1250

Industry & Construction: UMH Systems GmbH | United Manufacturing Hub: The Open-Source Data Foundation for Industrial AI

Research & Development or New Launch: Proximus Global | Sim for Things Secure Sovereign eSIM

Start-Up, Business Development or Ecosystem of the Year: KDDI Spherience | Global IoT Center of Excellence for KDDI Group

The 2026 winners role-call spans specialists from device-level silicon and connectivity architecture to industrial data infrastructure and operator-scale ecosystem development.

No less than three of the eight winning entries directly address the SIM. Altair Semiconductor’s award highlights a live consumer iSIM deployment in Japan delivered with MIXI and JENESIS, Proximus Global’s focuses on sovereign eSIM provisioning and KORE’s recognises multi-network SIM and connectivity management for connected health.

This concentration reflects a broader market maturation where the form and governance of the SIM has transformed from a mere procurement choice into a foundational design decision, a shift IoT Now has closely examined in its coverage of why the industry needs iSIM and connectivity orchestration.

The remaining categories were captured by standout deployments in industrial data infrastructure, fleet telematics, data compression and analytics, network-scale IoT security and ecosystem development.

“Names are changing, innovations are flourishing and the IoT industry is now a critical enabler of intelligent operations across industries and around the globe,” said George Malim, the managing editor of IoT Now. “What hasn’t changed is our industry continues to be the best at getting – and keeping – things connected, enabling operational visibility at massive scale and supporting robust, secure, reliable deployments. This expertise is reflected in the IoT Global Awards 2026 winners which have risen to the challenges of AI, the opportunities of embedded and integrated SIMs and the reality of the mature, wider IoT ecosystem that is enabling and optimising modern business, society and our lives. Many congratulations to the winners and to all who entered. Certainly in the category I judged, it was hard to pick a winner and that’s a symptom of the vibrant, inventive and mature marketplace we’re now in as on-device intelligence grows, expectations skyrocket and IoT technologies are central and critical for the next wave of innovation.”

About the IoT Global Awards

The IoT Global Awards recognise excellence in IoT innovation across product, service, and business categories. Entries are assessed by an independent panel drawn from leading analyst houses, standards bodies and the IoT trade press.

Full Details & Winner Profiles: iotglobalawards.com/winners

About the Organisers

The IoT Global Awards are organised by WeKnow Media Ltd. publisher of IoT Now, IoT Global Network and The Agile Telco.

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October 7, 2026

Posted by: Marion Webber