IoT in Business – Report Bundle (6 Reports)
A connected business has the ability to significantly improve how it moves around and functions within its sector. Evolving automated home technology, the growing medical IoT market, 5G and the continual emergence of AI could propel the growth of the connected enterprise.
As a part of this bundle, you will gain access to in-depth insights available in the following reports:
- https://www.globaldata.com/store/report/automated-home-theme-analysis/Thematic Research: Smart Cities
- Thematic Intelligence: Automated Home
- Thematic Intelligence: Medical IoT in Insurance
- Thematic Research: Internet of Things
- Thematic Research: Smart Clothing
- Thematic Research: Edge Computing
Report 1 – Thematic Research: Smart Cities
The necessity for optimal resource usage and concerns for public safety are highlighted by the rising urbanization. The pandemic has made clear the need for cities to be resilient in the face of public health and environmental threats. Remote work, education, and socializing are made possible by digital infrastructure and connection, and these possibilities have allowed cities to continue operating even during the most devastating public health catastrophe in recent history. The most extensively used smart city technologies are IoT, 5G, and AI. Additionally, cities are beginning to use augmented and virtual reality creatively. For instance, a mobile app that aids tourists in navigating public transportation stations has been tested in New York and Paris.
Leading Smart Cities
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Report 2 – Thematic Intelligence: Automated Home
In 2021, the market for consumer IoT, which includes connected cars, automated homes, and wearable technology was valued at $179 billion. Smart security and smart appliances are the main drivers of automated home gadgets. Smart security and smart appliances will become more and more dominant as automated home technology develops. The introduction of smart speakers has also had a big impact on the automated home market. They have made it possible to easily operate smart devices using voice commands.
Automated Home Ecosystem
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Report 3 – Thematic Intelligence: Medical IoT in Insurance
The improvement of customers’ health and well-being is the primary tenet of the medical Internet of Things (IoT) concept. This can be accomplished in a variety of ways, from early diagnosis to progressively enhancing mental and physical well-being through data tracking, frequently using wearable technology. User-friendly software that can plan virtual doctor consultations, provide information on nutrition and well-being, and possibly even offer exercise classes is vital. This app should also be able to capture fitness data or sync with other applications, and it should be simple to use. The global IoT spending by healthcare providers was worth $10.3 billion in 2019. The market is expected to grow at a CAGR of more than 4% from 2020 to 2025.
IoT Value Chain
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Report 4 – Thematic Research: Internet of Things
The term “Internet of Things,” or “IoT,” refers to the use of connected sensors and actuators for managing and observing the physical world, the objects that move in it, and the people who interact with it. IoT is used in every facet of life and in every business, from wearable fitness trackers to smart speakers at home, connected cars to smart buildings, and sophisticated automation to asset tracking. COVID-19 has highlighted the crucial role the IoT has come to play in our lives. Currently, the consumer IoT market is beginning to take off.
IoT Revenue, 2019-2024
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Report 5 – Thematic Research: Smart Clothing
Smart clothing comprises of clothing and footwear with built-in sensors that communicate biometric and other data. The main component of smart clothing is an electronic gadget created to link to other connected devices (such as smartphones) and the wearer’s body. GlobalData predicts that the market for smart clothing, which was worth $668 million in 2020, will increase to more than $4 billion by 2030, expanding at a compound annual growth rate (CAGR) of 21% over the forecast period. By 2023, the industry will have earned $1 billion.
Smart Clothing Revenue, 2019-2030
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Report 6 – Thematic Research: Edge Computing
In 2020, the total global spending by enterprises on edge computing totaled $8.6 billion. Between 2020 and 2025, GlobalData projects that enterprise spending on edge computing will increase at a compound annual growth rate (CAGR) of over 15%. The largest geographical market for edge computing is North America, which consists of the US, Canada, and Mexico. When building, hosting, and powering applications closer to points of consumption, edge computing offers advantages such as improved performance and cost reductions.
Edge Computing Revenue, 2020-2025
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Key Players
Table of Contents
Frequently Asked Questions
GlobalData’s smart cities value chain has six layers: devices, connectivity, data, platforms, apps, and services.
Automated homes are outfitted with smart devices such as smart speakers, smart thermostats, smart lighting, smart security, and smart appliances.
GlobalData’s medical IoT in the insurance value chain comprises of five segments: product development, marketing and distribution, underwriting and risk profiling, claims management, and customer service.
The IoT market size was valued at $622 billion in 2020.
The smart clothing market size was valued at $668 million in 2020.
The value chain segmentations of edge computing include device edge, remote edge, branch edge, enterprise edge, telco/MEC edge, and cloud edge.
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