Articles Tagged with ''IoT market''

Contractors Explore the Value in Fringe Technologies

Many HVAC contractors insist now’s the time to tap into tomorrow’s technology

July 31, 2017

According to a new market research report by marketsandmarkets.com, the home automation system market was valued at $39.93 billion in 2016 and is expected to reach $79.57 billion by 2022 at a compound annual growth rate (CAGR) of 11.3 percent during the forecast period.

AllSeen Alliance Merges with Open Connectivity Foundation to Accelerate IoT

The organizations will combine under the Open Connectivity Foundation name

October 27, 2016

The Open Connectivity Foundation (OCF), sponsor of the IoTivity open source project, and AllSeen Alliance, which provides the AllJoyn® open source Internet of Things (IoT) framework, announced that the two organizations’ boards have approved a merger under the OCF name.

Thread Group, EEBus Create Liaison to Accelerate Smart Home Solutions

Will collaborate to streamline product development and reduce fragmentation of IoT market

October 13, 2016

The Thread Group and EEBus Initiative e.V announced that the two alliances will collaborate in their efforts to build interoperable solutions for the smart home. As a result of this alliance, the organizations expect their members will benefit from access to key shared resources.

Residential IoT Revenue to Total More Than $682 Billion from 2016-2026

Key IoT stakeholders can provide added value to consumers by offering ongoing data insights

June 14, 2016

The residential Internet of Things (IoT) trend is expected to continue to grow during the next decade, particularly as industry stakeholders meet the demand for integrating disparate devices and in-home systems.

Internet of Things Market Soaring at 33.3% CAGR to 2021

Being driven by factors including development of cheaper and smarter sensors, rising adoption of cloud computing

April 29, 2016

The worldwide Internet of Things (IoT) market is projected to hit a compound annual growth rate (CAGR) of 33.3 percent to 2021 driven by the rising need for operational efficiency and the increasing penetration of connected devices, according to a report available from RnR Market Research.

Report Names Top 3 Emerging Trends in IoT Devices Market

Global IoT devices market is forecast to grow from $7 billion in 2014 to $45 billion by 2019

February 29, 2016

Technavio’s latest report on the global Internet of Things (IoT) devices market provides an analysis of the key trends expected to impact the market from 2015 to 2019.

6.4 Billion Connected Devices Expected to be in Use in 2016

The Internet of Things is estimated to support total services spending of $235 billion in 2016

December 31, 2015

Gartner Inc. forecasts that 6.4 billion connected devices will be in use worldwide in 2016, up 30 percent from 2015, and will reach 20.8 billion by 2020. In 2016, 5.5 million new devices will get connected every day.

Survey Shows IoT Is Progressing to Widespread Deployment

Enterprise opportunity is where IoT potential resides in terms of spending and number of endpoints connected

December 7, 2015

While the Internet of Things (IoT) continues to evolve and expand, moving from planning to execution, commercial enterprise momentum is growing. According to a new global IoT decision maker survey from International Data Corp., 73 percent of respondents have already deployed IoT solutions or plan to deploy in the next 12 months.

Residential IoT Revenue to Total More Than $330 Billion from 2015-2025

Multiple competing protocols and standards are creating confusion for customers

November 23, 2015

Through devices such as smart thermostats that allow users to remotely control household temperatures or LED lights that can be switched on and off from a smartphone, the much-hyped Internet of Things (IoT) concept has arrived in the residential setting, says Navigant Research.

EnOcean Alliance, Open Interconnect Consortium to Collaborate on IoT Solutions

Both organizations are working to deliver seamless, interoperable connectivity for the IoT

October 6, 2015

The EnOcean Alliance and the Open Interconnect Consortium (OIC) today announced a new liaison agreement. This collaboration joins one of the most established wireless building controls alliances with a leading Internet of Things (IoT) association.

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