#5G IoT Market Growth

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5G IoT Market - Forecast(2024 - 2030)

5G IoT Market Overview

The 5G IoT Market size is forecast to reach $40.5 billion by 2026, growing at a CAGR 61% from 2022 to 2026. Increased proliferation of technologies like predictive maintenance, data analytics, digital twins and others in manufacturing sector has been eventually driving the need for 5G IoT. Rising demand for connected cars equipped with advanced in-vehicle infotainment and telematics system along with increasing penetration of advanced communication infrastructure in healthcare sector to optimize surgical robots, asset tracking, telemedicine, remote health monitoring are some of the prime factors driving the global 5G IoT Market. Furthermore, with growing adoption of precision farming, agricultural drones and greenhouse automation, global 5G IoT has gained a huge traction. Rise in adoption of IoT and artificial intelligence (AI) to develop fully connected smart cities offering high speed data transmission and data analytics as a part of improving real-time monitoring is analyzed to drive the market in future years.

5G IoT Market Report Coverage

The report: “5G IoT Industry Outlook – Forecast (2022-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the 5G IoT Industry.

By Solution: Hardware, Cellular Connectivity, Software, Services

By Organization Size: SME, Large Enterprises

By Radio Technology: 5G New Radio Standalone Architecture, 5G New Radio Non-Standalone Architecture

By Range: Short Range 5G IoT devices, Wide Range 5G IoT devices

By Application: Predictive Maintenance, Business Optimization, Asset Tracking and Management, Logistics & Supply Chain Management, Automation Control and Management, Others

By End Users: Manufacturing (Medical & Pharmaceutical, Chemical, Food & Beverage, FMCG, Metal, Machinery & Equipment, Semiconductor & Electronics, Others), Transportation & Logistics, Consumer, Oil & Gas, Automotive, Ports, Energy, Smart City, Smart Building, Retail, Agriculture, Healthcare, Education, Smart Events & Stadia, Mining, Utilities, Others

By Geography: North America (US, Canada, Mexico), Europe (Germany, U.K, France, Spain, Italy, Others), APAC (China, Japan, Malaysia, Thailand, South Korea, Philippines, Hong Kong, Others), South America (Brazil, Argentina and others), RoW (Middle East and Africa)

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Key Takeaways

5G New Radio Standalone architecture is analyzed to witness highest growth in the 5G IoT Market during 2022-2026 owing to increased performance, super-fast response times and faster access to higher data rates.

APAC 5G IoT Market held the largest share in 2021, attributing to factors like rising demand for more reliable connectivity and more bandwidth between devices among manufacturers as a part of optimizing smart industrial operations including process automation, remote monitoring, collaborative robots, predictive analytics, augmented reality, additive manufacturing.

Increased proliferation of technologies like predictive maintenance, data analytics, digital twins and others in manufacturing sector along with rise in demand for connected cars equipped with advanced in-vehicle infotainment and telematics system are analyzed to significantly drive the global 5G IoT Market during the forecast period 2022-2026.

5G IoT Market Segment Analysis- By Radio Technology

By radio technology, 5G IoT Market has been segmented into 5G New Radio Standalone Architecture, 5G New Radio Non-Standalone Architecture. 5G New Radio Standalone Architecture is analyzed to grow with the highest CAGR of 72% during the forecast period 2022-2026. As compared to 5G non-standalone architecture, standalone architecture acts as a more efficient solution, which includes increased performance, better flexibility, and reduced complexity, attributing to its market growth. Rising adoption of connected cars, immersive media, automated guided vehicles or cobots control need super-fast response times and faster access to higher data rates, which is enabled by SA architecture, and thus such beneficiary capabilities of 5G standalone technology are boosting its market growth. In May 2021, Swisscom announced its plans to strengthen its long-term strategic partnership commitment to Ericsson with a deal including 5G Standalone (SA) rollout. This 5G SA is analyzed to enable Swisscom to deliver superior network performance and new use cases comprising logistics, energy, factory, mining, and airport and so on. Such factors are further set to propel the market growth of 5G IoT Market in the long run. 

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5G IoT Market Segment Analysis- By End Users

By end users, 5G IoT market has been segmented into Manufacturing, Transportation & Logistics, Consumer, Oil & Gas, Automotive, Ports, Energy, Smart City, Smart Building, Retail, Agriculture, Healthcare, Education, Smart Events & Stadia, Mining, Utilities and Others. Automotive sector is analyzed to witness the highest growth with a CAGR 70% during 2022-2026. The demand for future mobility and automated driving coupled with enhanced multimedia and infotainment features in the car is attributing to the market growth. Rising investment towards infotainment solutions with 5G connectivity for seamless and delay-free video and music streaming along with the integration of weather forecasts, or information on the current traffic situation is another prime factor contributing towards market growth. Expansion of digital infrastructure is set to lead to a huge increase in data in the automotive sector. According to a report published by Acta Verba, in advanced connected cars, the data flow is to reach 1 GB per vehicle per day, and it will further explode by 30 times to 1 TB of data per vehicle, per month, by 2025. This creates a need for significantly more bandwidth and faster data processing capabilities close to end users and mobile devices at the digital edge, and such factors are contributing towards expansion of 5G IoT Market. In December 2021, Volkswagen announced the deployment of Nokia’s industrial-grade private 5G wireless network at the company’s main plant in Wolfsburg, Germany. This development was done to help the facility achieve real-time connectivity for IoT sensors, connected vehicles and machinery, supporting intelligent networking of production robots and wireless assembly tools. Such factors are set to drive the market forward in the coming years.

5G IoT Market Segment Analysis- By Geography 

By Geography, 5G IoT Market has been segmented into North America, Europe, APAC, South America and Others. APAC dominated the 5G IoT Market with a share of 34% in 2021, owing to burgeoning demand for next-generation high-speed mobile internet among manufacturers in this region for more reliable connectivity and more bandwidth between devices. Rising partnerships between telecom operators and IoT network providers in APAC region with an aim to enable enterprises running more automated, productive, sustainable and safer businesses with harmonized service level agreements, while providing real-time insights is resulting in speedy expansion of the market. Although 4G can accommodate Industry 4.0 capabilities, 5G is analysed to be the true accelerator for digitalization and the key to implementing features like IoT, advanced robotics and remote machine control, and augmented/virtual reality (AR/VR) to enterprises, with the manufacturing and energy sectors taking the lead in its adoption. According to GSMA, APAC 5G Industry Community is formed by 12 Contributing members and the existing IoT community and 5G emerging market community with over 500 members in more than 30 countries with an aim to build a platform for people who are passionate about 5G benefits to industries and enterprises, to connect with peers and share their knowledge, requirement, and build the ecosystem to support each other to drive businesses forward with the new technologies in APAC. Furthermore, growing investment towards smart city infrastructure, equipped with advanced security features for real-time surveillance, large scale monitoring by local authorities and backed up by analytics, Artificial Intelligence (AI), Internet-of -Things (IoT) and data-driven insights is one of the key factors driving its market growth within the region. In January 2022, Qualcomm announced collaboration with Cybertrust Japan Co., Ltd. and SB Technology Corp. through the Qualcomm IoT Services Suite offering to proliferate smart Cities and 5G IoT solutions in Japan. This collaboration was done to explore projects with Qualcomm Smart Cities Accelerator Program ecosystem members and develop smart solutions for use cases across smart cities, smart campuses, smart parking, smart energy-management, smart security, smart factories, and more in this country. Such developments are set to create significant growth opportunities for the market during 2022-2026.

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5G IoT Market Drivers

Increased proliferation of technologies like predictive maintenance, data analytics, digital twins and others in manufacturing sector are impacting the market growth

Increasing penetration of advanced technologies like predictive maintenance, data analytics, digital twins and others as a part of improving business insights for greater operational efficiency, better product quality, optimized supply chain performance and so on acts as major factor driving the market growth towards 5G IoT Market. The burgeoning demand for predictive maintenance in manufacturing sector leveraging critical communication infrastructure provides data analysis tools and techniques, which are used to monitor equipment condition for regular operational wear and tears, and such factors are analyzed to elevate the 5G IoT Market. Furthermore, rising investments towards connected asset monitoring enabling real-time asset data analysis assists in providing a powerful tool for productivity improvement, which in turn can also aid the market growth overtime. 5G’s enhanced bandwidth compared with other wireless communications technologies help robots and cobots to be monitored and updated in real-time as the environment changes. 5G’s low latency allows for actions to be monitored close to real-time, and such benefits of 5G are propelling the growth of the market. In November 2021, Huawei and China Mobile jointly deployed 5G enabled manufacturing solutions powered by mobile edge computing (MEC) at Haier’s smart factories. Haier is leveraging advanced technologies like artificial intelligence and machine vision at seven smart factories in China and has planned to expand in 20 factories by the end of 2022. Such new development is set to fuel the market growth in the long run.

Rise in demand for connected cars equipped with advanced in-vehicle infotainment and telematics system drives its market forward

Growing demand for connected cars equipped with advanced in-vehicle infotainment and telematics system act as a major driver boosting its market growth. The enhanced bandwidth of 5G New Radio enables richer infotainment and more immersive in-car entertainment experiences. Adoption of multi-access edge computing (MEC) platform puts processing power at the edge of the network, for faster gaming and higher quality video. Such beneficiary capabilities of 5G IoT is analyzed to positively impact the market growth overtime. Furthermore, with the substantial growth of C-V2X technology, 5G network for C-V2X infrastructure for use on on-board platforms is evolving. The rise in adoption of advanced driver assistance system (ADAS), equipped with on-board sensors, is also set to significantly trigger the growth of 5G IoT Market. Rising investments towards autonomous driving (AD) with an aim to harmonize and accelerate the introduction of intelligent transport and communication solutions is augmenting the growth of the market. According to the Economic Times, connected car shipments in the U.S. is expected to cross 80 million units during 2020 to 2025, growing at a CAGR of 10%. They moreover state that 5G cars will account for 27% of the market by 2025. In August 2021, Honda collaborated with Verizon to explore how Verizon 5G Ultra Wideband and 5G Mobile Edge Computing (MEC) can ensure fast, reliable communication between road infrastructure, vehicles and pedestrians. Verizon’s 5G and MEC platforms bring the power of the cloud closer to the vehicle, lowering latency, offering massive bandwidth, and improving communications and connectivity between drivers, other cars, traffic lights, pedestrians and emergency vehicles to improve threat detection and avoid accidents. Such developments are analyzed to propel the 5G IoT Market growth in the coming years.

5G IoT Market Challenges

High infrastructure cost related with 5G deployment and coverage hinders its market growth

5G offers a significant increase in speed and bandwidth, but its more limited range requires further infrastructure. 5G antennas and base stations are smaller in the 5G era, but more of them would have to be installed on buildings or homes to compensate for their shorter range. Cities need to install extra repeaters to spread out the waves and extend range, while also maintaining consistent speeds in more densely populated areas, and thus, deployment of additional infrastructure requires high cost, which in turn create a negative impact on the growth of the market. A small tower and 5G cell site costs $30,000–$50,000 and due to such high costs small and medium enterprises are not opting for 5G. Investments needed in key components for a 5G network coverage includes spectrum, sites, power distribution and resilient strength fibre. Such factors have been creating an adverse impact on its market growth.

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5G IoT Market Landscape

Product innovations, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the 5G IoT Market. 5G IoT top 10 companies include: 

Qualcomm

Ericsson

Nokia Corporation

Samsung Electronics Co. Ltd.

AT&T Inc.

Verizon Communications Inc.

Vodafone Group Plc

Telefonica S.A.

Deutsche Telekom

SK Telecom

Recent Developments

In November 2021, Samsung announced about the launch of its latest automotive chip solutions, the Exynos Auto T5123 for 5G connectivity to enhance smarter and more connected automotive technologies for enriched in-vehicle experiences including entertainment, safety and comfort and other critical features on the road. This product is specifically designed to bring fast and seamless 5G connectivity in both standalone (SA) and non-standalone (NSA) mode to the next generation of connected cars.

In October 2021, Ericsson announced about the launch of end-to-end time critical communication for real time 5G experiences such as cloud gaming, AR/VR, and unlock new ones in remote control, mobility automation, and industrial control. With the launch of its new Critical IoT product, Ericsson is enhancing its 5G capabilities ensuring consistent low latency and high reliability demanded by time-critical applications and services for consumers, enterprises, and public sector. 

In August 2021, Qualcomm announced about the launch of Qualcomm Flight RB5 5G Platform to offer both 5G and AI-capabilities for delivering a solution which will drive the next generation of high-performance, low-power, 5G drones. With this launch, Qualcomm combines heterogeneous, low-power computing and camera systems with AI, and long-range connectivity such as 5G, and Wi-Fi 6 to bring together the unparalleled power of 15 TOPS with advanced imaging capabilities and drone-to-drone communication.

[riya2510]

The Industrial IoT Revolution: Market Forecast and Leading Players to Watch in 2023–2031

Industrial IoT Market Report: Growth, Trends, and Future Outlook

The Industrial Internet of Things (IIoT) represents a transformative wave in industrial operations, leveraging the power of connected devices, sensors, and advanced analytics to optimize processes, improve efficiency, and unlock new business opportunities. IIoT connects machines, devices, sensors, and systems to collect and analyze data in real time, enabling industries to achieve smarter decision-making, reduce operational costs, and enhance productivity.

The global Industrial IoT (IIoT) market was valued at USD 334.53 billion in 2022 and is projected to reach USD 2,916.21 billion by 2031, growing at an impressive CAGR of 27.2% during the forecast period (2023–2031). This rapid growth highlights the increasing demand for IoT-enabled technologies across various industrial sectors, making IIoT a vital part of the digital transformation process in manufacturing, supply chains, and infrastructure.

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Key Trends in the Industrial IoT Market

Increased Adoption of Smart Manufacturing: Manufacturers are embracing IIoT for process automation, predictive maintenance, real-time monitoring, and supply chain optimization. This trend is expected to continue as more companies focus on reducing downtime and improving product quality through connected devices.

Advancements in Edge Computing and AI Integration: The rise of edge computing is reducing latency, enabling faster data processing at the source. Integrating AI and machine learning with IIoT systems allows industries to gain insights from real-time data, improving decision-making capabilities.

Focus on Cybersecurity: As the number of connected devices increases, so does the potential vulnerability to cyberattacks. Ensuring robust cybersecurity measures within IIoT systems is becoming a top priority for businesses.

5G Connectivity: The rollout of 5G technology is enhancing the capabilities of IIoT by offering faster and more reliable communication between connected devices. This enables applications that require low latency, such as autonomous vehicles and real-time remote monitoring.

Sustainability and Energy Efficiency: Industries are increasingly adopting IIoT technologies to improve energy efficiency, reduce emissions, and support sustainability goals. Sensors and data analytics enable more efficient resource management, leading to reduced waste and energy consumption.

Industrial IoT Market Size and Share

The IIoT market is witnessing substantial growth across various regions, driven by technological advancements, an increasing number of connected devices, and the need for automation. The major industrial sectors benefiting from IIoT include manufacturing, energy, automotive, pharmaceuticals, and more. Businesses are investing heavily in IIoT to streamline their operations, reduce operational costs, and ensure more efficient use of resources.

The market is also being driven by increasing government initiatives aimed at fostering smart city projects, digital infrastructure, and sustainable industrial practices. As industries continue to digitize their operations, the demand for IIoT solutions is poised to grow exponentially.

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Industrial IoT Market Statistics

The global market value was USD 334.53 billion in 2022.

The market is expected to grow to USD 2,916.21 billion by 2031, with a CAGR of 27.2% during the forecast period (2023–2031).

North America holds a significant share of the market, driven by the adoption of advanced industrial technologies and the presence of key players like Cisco, IBM, and Honeywell.

Asia Pacific (APAC) is expected to witness the highest growth due to rapid industrialization, increasing investments in smart factories, and government support for smart manufacturing initiatives.

Regional Trends and Impact

North America: The North American region, particularly the United States and Canada, dominates the global IIoT market due to a robust manufacturing base, the presence of key technology companies, and early adoption of IoT-enabled technologies. The region’s focus on automation, smart factories, and energy efficiency has led to a high demand for IIoT solutions.

Asia Pacific (APAC): APAC is expected to witness the fastest growth in the IIoT market, primarily driven by the increasing industrialization in countries like China, Japan, and India. The region's push towards smart manufacturing, government initiatives supporting industrial automation, and rapid adoption of advanced technologies like AI, robotics, and 5G are propelling the growth of the IIoT market.

Europe: Europe is another key region for IIoT, driven by strong industrial sectors such as automotive, chemicals, and energy. The European Union’s focus on Industry 4.0 and digital transformation is increasing the demand for IIoT technologies across manufacturing, energy, and logistics.

LAMEA (Latin America, Middle East, and Africa): While still a developing market, the LAMEA region is showing significant potential for IIoT growth, especially in industries such as oil and gas, utilities, and agriculture. Increased investment in infrastructure and digitalization is expected to drive the demand for IIoT solutions in these regions.

Industrial IoT Market Segmentation

By Offering

Hardware:

Industrial Robots: These robots are essential for automating repetitive tasks in industries such as manufacturing and automotive, improving efficiency and reducing errors.

Industrial PC: Industrial PCs are used for data processing, monitoring, and control in industrial environments.

Industrial Sensors: Sensors play a critical role in collecting data from machines and devices to monitor conditions like temperature, pressure, and vibration.

Distributed Control System (DCS): DCS solutions enable centralized control of industrial processes, helping manage large-scale production systems.

Smart Meters: Smart meters are essential for monitoring and managing energy consumption in industries, contributing to energy efficiency.

Human Machine Interface (HMI): HMIs provide a visual interface for operators to interact with industrial control systems.

Control Devices: Devices that help regulate and control industrial processes, ensuring smooth operations.

Software: Software solutions in IIoT are used for data collection, processing, analytics, and visualization. These software tools enable industries to derive actionable insights from the vast amount of data generated by IIoT devices.

Services:

Training & Consulting Services: These services help organizations integrate IIoT technologies into their existing systems and operations.

Support and Maintenance Services: These services ensure that IIoT solutions continue to operate efficiently and without disruption.

By Connectivity

Wired Connectivity:

Ethernet: Provides high-speed, reliable data transmission for industrial applications.

Fieldbus: Used in process control systems for connecting field devices and control systems.

Wireless Connectivity:

Wi-Fi, Bluetooth, Cellular Connectivity, Satellite Connectivity: Wireless connectivity solutions offer flexibility and scalability for IIoT applications, especially in large industrial environments.

By End-use Industry

Aerospace and Defense

Automotive

Chemicals

Energy & Power

Food & Beverage

Metal and Mining

Oil & Gas

Pharmaceutical

Semiconductor & Electronics

Others (Healthcare, Water & Wastewater, etc.)

Each of these industries is increasingly adopting IIoT technologies to improve operational efficiency, ensure product quality, reduce costs, and enhance safety.

Market Segmentation with Insights-Driven Strategy Guide: https://straitsresearch.com/report/industrial-iot-market/segmentation

Top Players in the Industrial IoT Market

Several companies are leading the way in the IIoT market, providing innovative solutions and services:

Huawei Technology Co., Ltd.

Cisco

General Electric

Schneider Electric

Rockwell Automation

ABB

Texas Instruments

Honeywell

IBM

KUKA AG

NEC Corporation

Bosch

Siemens AG

SAP

Endress+Hauser

Accenture PLC

STMicroelectronics

These companies are at the forefront of developing and implementing IIoT solutions, helping industries to leverage IoT technologies for better efficiency, safety, and profitability.

Table of Contents for the Industrial IoT Market Report: https://straitsresearch.com/report/industrial-iot-market/toc

Conclusion

The Industrial IoT market is experiencing rapid growth as industries worldwide adopt connected devices, advanced analytics, and automation to enhance productivity, reduce costs, and improve decision-making. With significant investments in IIoT infrastructure, the market is poised to expand substantially in the coming years, especially in sectors such as manufacturing, energy, automotive, and pharmaceuticals. As technologies like AI, 5G, and edge computing continue to evolve, the potential for IIoT to drive industrial transformation will only increase, presenting enormous opportunities for businesses and industries to embrace the future of connected manufacturing and operations.

About Straits Research

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[intelisync]

2024's Game-Changing Technologies for Metaverse Development

Picture a universe where virtual and physical worlds blend seamlessly, allowing you to interact with digital elements in real-time. As 2024 draws near, groundbreaking technologies are shaping this metaverse, making such interactions more immersive and dynamic than ever.

The metaverse, an expansive network of virtual environments, is evolving rapidly as we approach 2024, driven by several key technologies. Virtual Reality (VR) and Augmented Reality (AR) are at the forefront, enabling immersive experiences that blend the physical and digital worlds. VR technology has advanced significantly, offering users enhanced graphics, realistic simulations, and responsive feedback that create fully immersive digital environments.

AR enhances the physical world by overlaying digital information, enriching experiences in retail, healthcare, and entertainment through interactive and engaging environments.

Blockchain technology is essential for the metaverse, providing a secure and transparent method for managing digital assets and transactions. Non-fungible tokens (NFTs) allow users to own unique digital assets like virtual real estate and art, while smart contracts facilitate automated and secure transactions. The decentralized nature of blockchain promotes trust and reliability, making it a crucial component of the metaverse's infrastructure.

Artificial Intelligence (AI) further enhances user experiences by creating intelligent virtual agents, personalized interactions, and realistic simulations. AI-driven non-player characters (NPCs) provide engaging and adaptive experiences, and AI technologies enable natural language processing and speech recognition for seamless communication between users and virtual environments.

Edge computing and 5G technology are critical for the seamless operation of the metaverse. By bringing data processing closer to users, edge computing reduces latency and improves the responsiveness of virtual environments. 5G networks provide the high-speed internet required for real-time interactions, supporting scalable and complex virtual environments.

The Internet of Things (IoT) and spatial computing further enhance the metaverse by capturing physical movements and translating them into virtual actions, creating realistic and immersive experiences.

Elevate your business with Intelisync's cutting-edge metaverse solutions. Reach out to Intelisync today and learn how our advanced technologies in VR, AR, AI, and blockchain can revolutionize your operations, enhance customer engagement, and drive your Learn more...

[frank-olivier]

Semiconductors: The Driving Force Behind Technological Advancements

The semiconductor industry is a crucial part of our modern society, powering everything from smartphones to supercomputers. The industry is a complex web of global interests, with multiple players vying for dominance.

Taiwan has long been the dominant player in the semiconductor industry, with Taiwan Semiconductor Manufacturing Company (TSMC) accounting for 54% of the market in 2020. TSMC's dominance is due in part to the company's expertise in semiconductor manufacturing, as well as its strategic location in Taiwan. Taiwan's proximity to China and its well-developed infrastructure make it an ideal location for semiconductor manufacturing.

However, Taiwan's dominance also brings challenges. The company faces strong competition from other semiconductor manufacturers, including those from China and South Korea. In addition, Taiwan's semiconductor industry is heavily dependent on imports, which can make it vulnerable to supply chain disruptions.

China is rapidly expanding its presence in the semiconductor industry, with the government investing heavily in research and development (R&D) and manufacturing. China's semiconductor industry is led by companies such as SMIC and Tsinghua Unigroup, which are rapidly expanding their capacity. However, China's industry still lags behind Taiwan's in terms of expertise and capacity.

South Korea is another major player in the semiconductor industry, with companies like Samsung and SK Hynix owning a significant market share. South Korea's semiconductor industry is known for its expertise in memory chips such as DRAM and NAND flash. However, the industry is heavily dependent on imports, which can make it vulnerable to supply chain disruptions.

The semiconductor industry is experiencing significant trends, including the growth of the Internet of Things (IoT), the rise of artificial intelligence (AI), and the increasing demand for 5G technology. These trends are driving semiconductor demand, which is expected to continue to grow in the coming years.

However, the industry also faces major challenges, including a shortage of skilled workers, the increasing complexity of semiconductor manufacturing and the need for more sustainable and environmentally friendly manufacturing processes.

To overcome the challenges facing the industry, it is essential to invest in research and development, increase the availability of skilled workers and develop more sustainable and environmentally friendly manufacturing processes. By working together, governments, companies and individuals can ensure that the semiconductor industry remains competitive and sustainable, and continues to drive innovation and economic growth in the years to come.

Chip War, the Race for Semiconductor Supremacy (2023) (TaiwanPlus Docs, October 2024)

Dr. Keyu Jin, a tenured professor of economics at the London School of Economics and Political Science, argues that many in the West misunderstand China’s economic and political models. She maintains that China became the most successful economic story of our time by shifting from primarily state-owned enterprises to an economy more focused on entrepreneurship and participation in the global economy.

Dr. Keyu Jin: Understanding a Global Superpower - Another Look at the Chinese Economy (Wheeler Institute for Economy, October 2024)

Dr. Keyu Jin: China's Economic Prospects and Global Impact (Global Institute For Tomorrow, July 2024)

The following conversation highlights the complexity and nuance of Xi Jinping's ideology and its relationship to traditional Chinese thought, and emphasizes the importance of understanding the internal dynamics of the Chinese Communist Party and the ongoing debates within the Chinese system.

Dr. Kevin Rudd: On Xi Jinping - How Xi's Marxist Nationalism Is Shaping China and the World (Asia Society, October 2024)

Tuesday, October 29, 2024

[spookysaladchaos]

Global top 13 companies accounted for 66% of Total Frozen Spring Roll market(qyresearch, 2021)

The table below details the Discrete Manufacturing ERP revenue and market share of major players, from 2016 to 2021. The data for 2021 is an estimate, based on the historical figures and the data we interviewed this year.

Major players in the market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research includes the research of the annual financial reports of the top companies; while primary research includes extensive interviews of key opinion leaders and industry experts such as experienced front-line staffs, directors, CEOs and marketing executives. The percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

According to the new market research report “Global Discrete Manufacturing ERP Market Report 2023-2029”, published by QYResearch, the global Discrete Manufacturing ERP market size is projected to reach USD 9.78 billion by 2029, at a CAGR of 10.6% during the forecast period.

Figure.   Global Frozen Spring Roll Market Size (US$ Mn), 2018-2029

Figure.   Global Frozen Spring Roll Top 13 Players Ranking and Market Share（Based on data of 2021, Continually updated）

The global key manufacturers of Discrete Manufacturing ERP include Visibility, Global Shop Solutions, SYSPRO, ECi Software Solutions, abas Software AG, IFS AB, QAD Inc, Infor, abas Software AG, ECi Software Solutions, etc. In 2021, the global top five players had a share approximately 66.0% in terms of revenue.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

[beardynerdsposts]

The Future of Business Communication: Embracing 5G Technology

5G technology represents a significant leap forward in business communication capabilities. With speeds of up to 20 Gbps and ultra-low latency rates of less than 10 ms, 5G is set to revolutionize how organizations interact internally and with their clients. Here's how 5G will transform business communication:

Enhanced Connectivity: 5G will provide businesses with reliable, high-speed connectivity that enables seamless communication across various devices and locations. This means faster file transfers, smoother video conferencing, and real-time collaboration regardless of geographical distance.

Improved Customer Engagement: Businesses can leverage 5G to enhance customer experiences through faster response times, better access to multimedia content, and innovative communication channels. This could include immersive virtual experiences, enhanced customer support services, and personalized interactions.

IoT Integration: The low latency of 5G makes it ideal for supporting Internet of Things (IoT) devices within business operations. This integration allows for real-time monitoring, automation, and data analytics, optimizing processes and improving decision-making.

Remote Work Capabilities: With 5G, remote workers can enjoy enhanced connectivity and productivity, accessing corporate networks and applications seamlessly from anywhere. This flexibility supports remote collaboration and virtual team environments without compromising on speed or reliability.

Emerging Technologies: 5G will facilitate the adoption of emerging technologies such as augmented reality (AR), virtual reality (VR), and artificial intelligence (AI) in business communication. These technologies can transform training, marketing, and customer engagement strategies, creating more immersive and interactive experiences.

Security and Reliability: While implementing 5G, businesses must prioritize robust security measures to protect sensitive data and communications. Enhanced reliability and uptime are critical for maintaining uninterrupted operations and fostering trust among stakeholders.

In essence, 5G technology promises to be a game-changer for business communication, offering unprecedented speed, reliability, and innovation. As organizations embrace these capabilities, they can leverage 5G to streamline operations, enhance customer relationships, and drive growth in a digitally connected world.

Source link : https://beardynerd.com/5g/5g-is-the-future-of-business-communication/

[market-insider]

5G Systems Integration Market Driven By Increase Investments In U.S., China, And Japan

The global 5G systems integration market size is estimated to reach USD 62.69 billion by 2030, registering a CAGR of 27.3% from 2022 to 2030, according to a new study by Grand View Research, Inc. Robust increase in the investments to deploy 5G network infrastructures across key countries, such as U.S., China, and Japan, has created the demand for integrating entire fifth generation infrastructure and applications across enterprises. This process will help enterprises to work as a centralized platform that will assist in reducing overall complexity. Thus, robust investments in building fifth-generation infrastructure, coupled with the growing need to set up a 5G-enabled ecosystem, are estimated to propel market growth.

Rapidly building smart cities have surged the adoption of numerous Internet of Things (IoT) devices across the globe. IoT devices require enhanced bandwidth to function appropriately. Thus, in order to provide high-speed broadband by supporting fifth-generation New Radio (NR), such as sub-6GHz and mmWave frequency bands, the entire infrastructure across these smart cities need to be upgraded in line with supporting fifth-generation radio network. Therefore, it is further estimated to boost the market growth from 2022 to 2030.

Gain deeper insights on the market and receive your free copy with TOC now @: 5G Systems Integration Market Report

Moreover, with the evolution of industry 4.0, the adoption of industrial sensors and collaborative robots is gaining popularity in the manufacturing sector across the globe. Therefore, to deliver seamless network connectivity to these above-mentioned devices, it is anticipated to raise the demand for 5G system integration services to make entire manufacturing facilities compatible with supporting next-generation 5G NR.

Rapidly rising digital transformation has disrupted the entire operation of the manufacturing industry. This has increased the trend of the machine-to-machine (M2M) communications to increase overall productivity as well as streamline the whole process. As a result, this has further expanded the need for high broadband to deliver uninterrupted connectivity to industrial sensors and robots. Therefore, the growing need for high broadband connectivity to establish seamless communication between machines is expected to elevate the demand for 5G system integration services in the next few years.

Furthermore, with the emergence of new technologies, such as network slicing and software-defined networking (SDN), the adoption of 5G system integration will witness a rapid surge to reduce overall enterprise infrastructure costs. Moreover, highly trained professionals must implement and manage the fifth-generation system integration services. This is anticipated to hinder market growth over the forecast period.

[govindtbrc]

Electronic Ceramics Market: Innovations Shaping Modern Electronics up to 2033

Market Definition

The Electronic Ceramics Market encompasses a wide range of ceramic materials designed for electronic applications. These advanced ceramics are used in various components such as capacitors, sensors, actuators, piezoelectric devices, and insulators, owing to their superior electrical, thermal, and mechanical properties. Key types of electronic ceramics include piezoelectric ceramics, dielectric ceramics, and magnetic ceramics, each serving specific functions in the rapidly evolving electronics and telecommunications sectors. The high-performance characteristics of these materials make them crucial in applications across automotive, healthcare, consumer electronics, and aerospace industries.

To Know More @ https://www.globalinsightservices.com/reports/electronic-ceramics-market

The electronic ceramics market is expected to expand from $12.5 billion in 2023 to $21.8 billion by 2033, with a CAGR of 5.8%, reflecting robust growth.

Market Outlook

The Electronic Ceramics Market is poised for significant growth, driven by advancements in consumer electronics, the ongoing miniaturization of devices, and the rise of smart technologies. The increasing adoption of electronic ceramics in medical devices, electric vehicles, and 5G telecommunications is propelling market demand. With the rapid expansion of IoT (Internet of Things) applications, the need for efficient and reliable electronic components, such as sensors and actuators, is intensifying, further boosting the market.

Emerging technologies, such as electric and hybrid vehicles, heavily rely on advanced ceramic materials for energy storage, power electronics, and sensor applications. Additionally, the rising trend of renewable energy sources is creating opportunities for electronic ceramics in power grids and energy storage systems. The focus on sustainable energy solutions and advancements in wireless communication technologies are expected to drive further investment and research in electronic ceramic materials.

However, the market faces challenges, such as the high cost of raw materials and the complexity of ceramic manufacturing processes. Environmental concerns related to the production and disposal of ceramic materials are also areas that need to be addressed. Additionally, fluctuations in raw material supply and geopolitical factors can impact the market dynamics. Despite these challenges, innovations in material science and the development of new formulations to improve ceramic performance and reduce costs are anticipated to open new avenues for growth.

Request the sample copy of report @ https://www.globalinsightservices.com/request-sample/GIS32286

[kristinahertzz]

Cyber Physical Systems Market

Cyber Physical Systems Market Size, Share, Trends: Siemens AG Leads

Integration of AI and Machine Learning in CPS

Market Overview: 

The global Cyber Physical Systems market is projected to grow at a CAGR of 8.5% from 2024 to 2031. The market size is expected to increase significantly during this period.

North America currently dominates the market, followed closely by Europe and Asia-Pacific. Key metrics include increasing adoption across various industries, rising investments in smart city initiatives, and growing integration with emerging technologies such as AI and IoT.

The Cyber Physical Systems market is expanding rapidly, owing to increased industrial digitalisation and a growing demand for real-time data analysis and control. The confluence of the physical and digital worlds opens up new potential for organisations to optimise operations, increase efficiency, and produce novel goods and services.

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Market Trends: 

The integration of Artificial Intelligence (AI) and Machine Learning (ML) into Cyber Physical Systems is transforming several sectors. This trend allows for predictive maintenance, autonomous decision-making, and adaptive systems that can learn and improve over time. AI-powered CPS are optimising manufacturing processes, reducing downtime, and increasing product quality. In healthcare, these systems improve patient monitoring and treatment planning. The transportation industry is utilising AI-integrated CPS for traffic management and self-driving car development. This tendency is projected to intensify as AI and machine learning technology progress, enabling more sophisticated and efficient CPS solutions across different domains.

Market Segmentation: 

The hardware component of Cyber Physical Systems bridges the physical and digital worlds, allowing for real-time data collecting, processing, and actuation. This category contains the sensors, actuators, embedded systems, and communication devices that serve as the foundation for CPS architectures. The hardware segment's dominance can be linked to the increasing sophistication and miniaturisation of sensor and processing technologies, as well as rising demand for IoT devices across a wide range of industries.

Recent advances in hardware technology have considerably improved the capabilities of Cyber Physical Systems. For example, the advancement of 5G-enabled sensors and edge computing devices has increased real-time data processing and decreased latency in CPS applications. Industry heavyweights such as Siemens and ABB have reported a 40% growth in demand for their CPS hardware solutions over the last year, particularly in the industrial and energy industries.

Market Key Players:

Siemens AG

IBM Corporation

General Electric

Microsoft Corporation

Honeywell International Inc.

Contact Us:

Name: Hari Krishna

Email us: hari.krishna@aurorawaveintellects.com

Website: https://aurorawaveintellects.com/

[semiconductorsandelectronics]

Exploring the VoIP Services Industry: A Comprehensive Analysis

VoIP services enable voice or multi-media communication by using the Internet, substituting traditional networks. VoIP allows users to make calls using broadband connections, offering a more cost-effective and flexible alternative to conventional telephony. Its main applications include voice calls and videoconferencing, apart from messaging, making it fit for present communication demands. VoIP services are significantly used in the IT and telecom, BFSI, healthcare, education, retail, and government sectors.

Business organizations use VoIP to improve internal and external communications mainly because of the growing remote and hybrid working environments. Hospitality and automotive industries depend on VoIP to optimize customer support and smooth processes. Leading companies in the VoIP market include Microsoft (Teams), Cisco (Webex), Zoom, RingCentral, Vonage, and 8x8, offering scalable and feature-rich solutions. The growth of VoIP services industry is driven by rising demand for cost-efficient communication, expanding cloud-based solutions, and advancements in 5G and broadband infrastructure.

Driving Factors And Opportunities

Increasing adoption of cloud-based communication solutions: Businesses are switching from their traditional phone system to a cloud-hosted VoIP platform, which saves cost and is scalable and flexible. This cloud-based VoIP eliminates expensive hardware and maintenance, making it suitable for SMEs and large organizations. More importantly, improvement in the 5G network with high-speed broadband has upgraded the performance of VoIP so that it can provide higher-quality communications with better audio and video capabilities. The rise in remote and hybrid work environments furthers the demand for VoIP as a reliable communication solution.

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The growing integration of Artificial Intelligence (AI): AI-enabled features like real-time transcription, voice recognition, call analytics, and virtual assistants are expected to make VoIP systems more efficient and functional. Businesses can use such tools to automate customer support, enhance the quality of calls, and offer customized user experiences. Furthermore, VoIP providers can expand their services through seamless multi-channel communication with the rise of IoT devices and UCaaS. With the continued digital transformation by organizations, AI-driven innovations in VoIP are expected to open massive opportunities to meet changing communication needs around the world.

[lovelypol]

🌐 Network Emulator Market: $1.5B to $4.2B by 2033 – Connection Perfected 📶

Network Emulator Market plays a critical role in ensuring the performance and reliability of applications and devices by replicating real-world network conditions. Through advanced hardware and software tools, network emulators simulate behaviors such as latency, bandwidth constraints, and packet loss, empowering organizations to test, develop, and optimize their solutions.

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Key Market Trends:

The demand for 5G network testing is driving innovation in network emulation, ensuring seamless integration and performance for next-generation connectivity.

Cloud-based network emulation is gaining traction, offering scalability and cost-efficiency for businesses conducting remote testing.

AI-driven network emulators are emerging, enhancing predictive analysis and enabling smarter testing environments.

Applications Across Industries:

Telecommunications: Optimize network performance and ensure uninterrupted user experiences.

IT and Software Development: Test the robustness of applications in diverse network scenarios.

Automotive: Simulate network conditions for connected and autonomous vehicles, ensuring safety and efficiency.

Regional Insights:

North America leads the market, supported by technological advancements and extensive R&D activities.

Asia-Pacific is witnessing rapid growth, driven by increased adoption of 5G, IoT, and connected devices.

Europe focuses on innovation in network emulation for automotive and industrial applications.

Market Segmentation Highlights:

Tools: Hardware Emulators, Software Emulators

Technologies: AI, Cloud, IoT, 5G, Virtualization

End Users: Telecom Operators, IT Firms, Automotive Manufacturers

The Future of Network Emulation

As connectivity continues to evolve, the need for sophisticated network emulators will grow. These tools will be instrumental in ensuring the seamless performance of emerging technologies in diverse and dynamic environments.

#NetworkEmulator #5GTesting #NetworkSimulation #IoT #CloudEmulation #AI #TelecomSolutions #ITTesting #SoftwareDevelopment #ConnectedVehicles #LatencySimulation #BandwidthOptimization #DigitalInnovation #FutureOfNetworks #TechTesting

[riya2510]

Wireless Connectivity Market Set to Expand with Key Technological Advancements and Rising Demand Across Industries

Wireless Connectivity Market Opportunities, Size, Demand and Sales by 2032

The global Wireless Connectivity Market is undergoing rapid growth, with a projected valuation of USD 236.52 billion by 2032. The market, valued at USD 80.05 billion in 2023, is forecasted to expand from USD 90.29 billion in 2024, registering a compound annual growth rate (CAGR) of 12.8% during the forecast period from 2024 to 2032. This growth is attributed to the increasing demand for seamless, high-speed, and reliable wireless communication across multiple industries, driven by technological advancements and the rise of connected devices.

Catalysts for Expansion

Several key factors are fueling the expansion of the wireless connectivity market. The proliferation of Internet of Things (IoT) devices, the shift toward 5G networks, and the growing need for reliable wireless communication in sectors such as automotive, healthcare, and industrial automation are among the primary drivers. Additionally, advancements in technologies like Wi-Fi 6, Bluetooth 5.0, and ultra-wideband (UWB) are enhancing the performance, security, and coverage of wireless networks, making them more appealing to both businesses and consumers.

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The widespread adoption of wireless connectivity technologies is not only simplifying the digital transformation process for enterprises but also enabling smart homes, autonomous vehicles, and wearable health monitoring devices. As wireless technology continues to evolve, it is expected to revolutionize industries and enhance overall connectivity worldwide.

Wireless Connectivity Market Segment Breakdown

The wireless connectivity market is segmented by technology, network type, and end-user. Below is an overview of these segments:

By Technology:

Bluetooth: A major player in the short-range wireless communication space, especially for personal devices, wearables, and home automation.

Wi-Fi: Widely used for internet access, Wi-Fi is a core technology in both residential and commercial applications.

Ultra-Wide Band (UWB): A highly precise technology used in applications like indoor positioning systems and asset tracking.

Near Field Communication (NFC): Used for contactless payments and data exchange in consumer electronics and mobile devices.

Cellular: Essential for mobile communication, including 4G, 5G, and upcoming 6G technologies.

Zigbee: A low-power, short-range communication standard used in smart home devices and automation systems.

GPS: Integral for location tracking and navigation systems in automotive and mobile applications.

Others: Other emerging wireless technologies such as LoRaWAN and RFID.

By Network Type:

Wireless Wide Area Network (WWAN): Used for large-scale communication over long distances, including cellular networks.

Wireless Personal Area Network (WPAN): Focuses on short-range communication for personal devices like smartphones, wearables, and laptops.

Wireless Local Area Network (WLAN): Facilitates communication within a localized area, typically in office buildings, homes, or campuses.

By End-User:

Automotive and Transportation: Enabling smart vehicles, connected cars, and vehicle-to-everything (V2X) communication.

Building Automation: Powering smart buildings, energy-efficient lighting, and HVAC systems.

Consumer Electronics and Wearables: Providing wireless connectivity for gadgets such as smartphones, laptops, smartwatches, and fitness trackers.

Energy and Utilities: Supporting smart grids, remote monitoring, and energy-efficient systems.

Healthcare: Enabling telemedicine, remote patient monitoring, and medical device connectivity.

Industrial: Supporting automation, predictive maintenance, and industrial IoT (IIoT) applications.

IT and Telecom: Essential for data transmission and communication infrastructure.

Others: Other sectors such as retail and logistics are also seeing increasing wireless connectivity adoption.Market Segmentation with Insights-Driven Strategy Guide: https://straitsresearch.com/report/wireless-connectivity-market/segmentation

Top Performing Companies in the Wireless Connectivity Market

Several companies are leading the charge in the wireless connectivity market, each contributing to innovation and expansion across various technologies. Among the top-performing companies are:

Intel Corporation

Qualcomm Inc.

NXP Semiconductors N.V.

STMicroelectronics

Texas Instruments Inc.

Microchip Technology Inc.

MediaTek Inc.

Cypress Semiconductor Corporation

Broadcom Inc.

EnOcean GmbH

NEXCOM International Co. Ltd.

Skyworks Solutions Inc.

Murata Manufacturing Co. Ltd.

Marvell Technology Group

These companies play a crucial role in developing and providing cutting-edge wireless connectivity solutions, from chipsets and semiconductors to complete communication modules and systems. Their ongoing innovations in areas like 5G, Wi-Fi 6, and Bluetooth technologies ensure the continued growth and transformation of the market.

Emerging Prospects in Wireless Connectivity

As the demand for wireless connectivity intensifies, several emerging prospects are reshaping the industry landscape. Notably, the rollout of 5G technology is expected to provide faster, more reliable connectivity, fostering the growth of IoT and enabling new applications in areas such as autonomous vehicles, augmented reality (AR), and virtual reality (VR). Moreover, the rise of edge computing and cloud-based applications is generating a need for more efficient and scalable wireless infrastructure.

The increasing popularity of smart homes and smart cities is also driving wireless connectivity solutions, creating opportunities for businesses that offer seamless, secure, and high-speed connections. Furthermore, industries like healthcare and manufacturing are increasingly adopting wireless technologies for remote monitoring, automation, and data exchange, opening new avenues for growth.

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Industry Movements

The wireless connectivity market is witnessing significant industry movements, including strategic partnerships, mergers and acquisitions, and new product launches. For instance, the ongoing development of Wi-Fi 6 and Wi-Fi 6E technologies is enhancing network capacity and reducing latency, creating opportunities for businesses to provide high-performance solutions. Additionally, the integration of AI and machine learning with wireless communication systems is enabling smarter, more adaptive networks that can better handle the increasing volume of connected devices.

Geographic Analysis

Geographically, North America and Europe are dominant markets for wireless connectivity, driven by advanced infrastructure, early adoption of new technologies, and strong demand from end-user industries like automotive, healthcare, and IT. However, the Asia-Pacific region is expected to witness the highest growth during the forecast period, fueled by rapid industrialization, the rise of smart cities, and the growing adoption of IoT devices.

Data Insights

Straits Research provides comprehensive insights into the wireless connectivity market, including data on current trends, opportunities, and challenges facing the industry. The data reflects key developments and market dynamics, helping businesses and stakeholders make informed decisions about market expansion and innovation.

Table of Contents for the Wireless Connectivity Market Report: https://straitsresearch.com/report/wireless-connectivity-market/toc

About Us: Straits Research is a leading research and intelligence organization specializing in analytics, advisory services, and providing business insights through comprehensive research reports.

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Email:sales@straitsresearch.com

Address: 825 3rd Avenue, New York, NY, USA, 10022

Phone: +1 646 905 0080 (U.S.) | +91 8087085354 (India) | +44 203 695 0070 (U.K.)

[global-research-report]

Trends in the IoT Node and Gateway Market 2023 - 2030

The global IoT node and gateway market size is expected to reach USD 1.13 trillion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 13.1% from 2023 to 2030. The market's growth is primarily fueled by the advent of 5G technology, the increasing utilization of wireless smart sensors and networks, a burgeoning market for connected devices, and the rising demand for data centers driven by the growing adoption of cloud platforms. For instance, in August 2023, Intel Corporation launched its new leading-edge chip factories at its Ocotillo campus in Chandler, Arizona. The new factories will support the growing demand for Intel’s products and provide committed capacity for Intel Foundry Services customers, thereby driving market growth over the forecast period.

The growing need for data-driven insights and automation drives the increased demand for connected devices. In sectors like healthcare, the Internet of Things (IoT)-enabled medical devices can monitor patients' vital signs in real time, providing doctors with accurate and timely information for diagnosis and treatment. In agriculture, field sensors can collect data on soil moisture, temperature, and nutrient levels, enabling farmers to make informed decisions about irrigation and fertilization.

IoT devices and gateways often operate in remote or challenging environments where wired connections are impractical. 5G’s broader coverage and improved penetration capabilities ensure that even devices in difficult-to-reach areas can stay connected, enabling applications like smart agriculture, environmental monitoring, and wildlife tracking. 5G mMTC (Massive Machine-Type Communications) capability allows for the seamless connection of many IoT devices within a small geographical area.

Manufacturing industries are embracing IoT nodes and gateways to create smarter factories with real-time monitoring of equipment and production lines, optimizing efficiency and reducing downtime. The need for real-time data processing has led to the adoption of edge computing. IoT gateways play a pivotal role by performing data preprocessing at the edge, reducing latency, and enhancing overall system responsiveness.

North America has been at the forefront of technological innovation, with a robust ecosystem of tech companies, startups, and research institutions. This environment has fostered the development of innovative IoT solutions, making it an ideal market for adoption. The region has quickly embraced emerging technologies such as 5G, edge computing, and AI, which are essential for IoT deployments. In January 2023, Cisco Systems Inc. extended its collaboration with the Grand Duchy of Luxembourg. The aim of this collaboration is to continue to support Digital Luxembourg, the Grand Duchy’s long-term digitalization movement.

IoT Node And Gateway Market Report Highlights 

North America has solidified its position as a key hub for IoT innovation and adoption, due to the advancing technological infrastructure, strong investment in IoT solutions across various industries, and a thriving ecosystem of IoT-related companies

Advancements in microelectronics have led to smaller, more power-efficient IoT nodes. This enables seamless integration into various devices and environments while extended battery life reduces maintenance needs

The growth of smart homesworldwide has been a remarkable phenomenon in recent years. Smart homes are equipped with advanced technology that enables homeowners to control their home systems remotely

The key industry players are Intel Corporation, Cisco Systems, Inc., Huawei Technologies Co. Inc., and NXP Semiconductors, among others. To maintain market share, major firms frequently engage in mergers and acquisitions as well as new product launches

IoT Node And Gateway Market Segmentation

Grand View Research has segmented the IoT node and gateway market based on component, connectivity, end-use, and region:

IoT Node & Gateway Component Outlook (Revenue, USD Billion, 2018 - 2030)

Hardware

Connectivity Integrated Circuits (ICs)

Logic Devices

Memory Devices

Processors

Sensors

Temperature Sensors

Motion Sensors

Light Sensors

Others

Software

Services

IoT Node & Gateway Connectivity Outlook (Revenue, USD Billion, 2018 - 2030)

ZigBee

Wi-Fi

Bluetooth

Z-Wave

Others

IoT Node & Gateway End-use Outlook (Revenue, USD Billion, 2018 - 2030)

Consumer Electronics

Wearable Devices

Automotive & Transportation

BFSI

Healthcare

Retail

Building Automation

Oil & Gas

Agriculture

Aerospace & Defense

Others

IoT Node & Gateway Regional Outlook (Revenue, USD Billion, 2018 - 2030)

North America

US

Canada

Europe

Germany

UK

France

Italy

Spain

Asia Pacific

China

Japan

India

South Korea

Latin America

Brazil

Mexico

Middle East and Africa

South Africa

UAE

Order a free sample PDF of the IoT Node And Gateway Market Intelligence Study, published by Grand View Research.

[news365timesindia]

[ad_1] By Anjali Sharma NEW YORK – According to a report on Friday India is expected to see a 9 per cent growth in hiring in 2025. The report by foundit showed that IT, retail, telecommunications, and Banking, Financial Services, and Insurance (BFSI) sectors are the primary drivers of this growth in the country. It said that 10 per cent growth in 2024 and a 3 percent month-on-month growth in November, the forecast indicated that hiring is set to retain its momentum, with a predictable hiring environment. The emerging technologies and evolving business priorities will further shape India’s job market in 2025. The report said innovations such as edge computing, quantum applications, and cybersecurity advancements are set to transform industries like Manufacturing, Healthcare, and IT. The rise of retail media networks and AI-driven workforce analytics will reshape talent needs in e-commerce, human resource (HR), and digital services. Organisations will look for professionals skilled in digital marketing, ad management, and HR analytics. Anupama Bhimrajka, Vice President Marketing, foundit said “As we enter 2025, India’s job market looks set to broaden its horizons, with a projected 9 per cent growth in hiring. Companies are not only looking for seasoned professionals but also broadening their search beyond established hubs. We believe this approach will create a healthier, more diverse environment allowing businesses to access new talent pools and build a workforce aligned with future needs,” The IT sector is set to drive 15 per cent growth in hiring in 2025, driven by the expansion of Global Capability Centers and multi-cloud adoption. Businesses are prioritising operational agility and sustainability through energy-efficient data centres, green IT practices, and refurbished hardware solutions. The retail sector is predicted to achieve 12 per cent growth in hiring, reflecting rising demand for both traditional and tech-enabled roles. The sector’s growth is driven by the resurgence of experiential brick-and-mortar stores and growing consumer spending in Tier-2 and Tier-3 cities. The telecom sector’s 11 per cent forecasted growth is driven by advancements in AI, 5G, and IoT, with demand for skills in edge computing, SDN (software-defined networking), NFV (network function virtualisation), and cybersecurity. In 2025, sectors that are projected to rise include finance and accounts (+8 per cent), HR and admin (+7 per cent), IT (+6 per cent), Hospitality (+5 per cent), and marketing and communications (+3 per cent) The report said Bengaluru (10 per cent) will lead city-wise growth, followed by Coimbatore (9 per cent), Hyderabad (8 per cent) and Chennai (6 per cent). The post Report says India job market projects growth at 9% in 2025 appeared first on Global Governance News- Asia's First Bilingual News portal for Global News and Updates. [ad_2] Source link

[news365times]

[ad_1] By Anjali Sharma NEW YORK – According to a report on Friday India is expected to see a 9 per cent growth in hiring in 2025. The report by foundit showed that IT, retail, telecommunications, and Banking, Financial Services, and Insurance (BFSI) sectors are the primary drivers of this growth in the country. It said that 10 per cent growth in 2024 and a 3 percent month-on-month growth in November, the forecast indicated that hiring is set to retain its momentum, with a predictable hiring environment. The emerging technologies and evolving business priorities will further shape India’s job market in 2025. The report said innovations such as edge computing, quantum applications, and cybersecurity advancements are set to transform industries like Manufacturing, Healthcare, and IT. The rise of retail media networks and AI-driven workforce analytics will reshape talent needs in e-commerce, human resource (HR), and digital services. Organisations will look for professionals skilled in digital marketing, ad management, and HR analytics. Anupama Bhimrajka, Vice President Marketing, foundit said “As we enter 2025, India’s job market looks set to broaden its horizons, with a projected 9 per cent growth in hiring. Companies are not only looking for seasoned professionals but also broadening their search beyond established hubs. We believe this approach will create a healthier, more diverse environment allowing businesses to access new talent pools and build a workforce aligned with future needs,” The IT sector is set to drive 15 per cent growth in hiring in 2025, driven by the expansion of Global Capability Centers and multi-cloud adoption. Businesses are prioritising operational agility and sustainability through energy-efficient data centres, green IT practices, and refurbished hardware solutions. The retail sector is predicted to achieve 12 per cent growth in hiring, reflecting rising demand for both traditional and tech-enabled roles. The sector’s growth is driven by the resurgence of experiential brick-and-mortar stores and growing consumer spending in Tier-2 and Tier-3 cities. The telecom sector’s 11 per cent forecasted growth is driven by advancements in AI, 5G, and IoT, with demand for skills in edge computing, SDN (software-defined networking), NFV (network function virtualisation), and cybersecurity. In 2025, sectors that are projected to rise include finance and accounts (+8 per cent), HR and admin (+7 per cent), IT (+6 per cent), Hospitality (+5 per cent), and marketing and communications (+3 per cent) The report said Bengaluru (10 per cent) will lead city-wise growth, followed by Coimbatore (9 per cent), Hyderabad (8 per cent) and Chennai (6 per cent). The post Report says India job market projects growth at 9% in 2025 appeared first on Global Governance News- Asia's First Bilingual News portal for Global News and Updates. [ad_2] Source link