Smart traffic management spending to increase 75% by 2028

A new study by Juniper Research predicts significant growth in smart traffic management spending over the next five years.

Juniper’s report forecasts that global spending on smart traffic management solutions will reach $18.6 billion by 2028, a 75 percent increase from the 2023 figure of $10.6 billion.

The growth is attributed to rising government investments in smart city initiatives, with transportation infrastructure being central to urban transformation projects....

6 November 2023 | Applications

GlobalData: The metaverse faces an uphill challenge

The metaverse – a virtual realm promising shared experiences and real-time interactions within simulated scenarios – is encountering obstacles on its path to widespread adoption, according to a report by GlobalData.

GlobalData’s latest study, titled “Metaverse – Thematic Intelligence,” sheds light on the challenges hindering the metaverse’s growth.

Chief among these challenges are limited knowledge of the theme, underwhelmed consumers, project delays by...

2 November 2023 | Metaverse

Eseye: ‘Sub-standard connectivity’ is jeopardising IoT success

Eseye’s latest State of IoT Adoption report has exposed that “sub-standard connectivity” is jeopardising project success for enterprises.

The study, conducted by independent research organisation Opinion Matters, involved 1,009 senior decision-makers in the UK and US across various sectors and explored challenges, opportunities, and budget forecasts for the next two years.

Eseys’s report disclosed that just one percent of respondents managed to achieve...

10 October 2023 | Connectivity

Beecham: LoRaWAN surpasses rivals in IoT connectivity

A report from analyst firm Beecham Research, a specialist in the IoT market, highlights the success of LoRaWAN.

LoRaWAN has surpassed its competitors by a considerable margin, with shipments of LoRa chipsets outpacing others by more than two to one. In fact, the report boldly declares: "LoRaWAN is already the leading low-power wide area network (LPWAN) technology for IoT applications."

A related report by Beecham underscores the pivotal role of end-users collaborating...

14 September 2023 | Connectivity

Kaleido Intelligence forecasts eSIM adoption surge for IoT

A report by Kaleido Intelligence projects a surge in the adoption of embedded SIM (eSIM) technology for IoT applications.

The study predicts that over 1.4 billion eSIMs will be shipped by 2028, reflecting a compound annual growth rate of 21 percent between 2023 and 2028. Over 1.4 billion eSIMs (including eUICC and iUICC form factors) are forecast to be shipped in 2028

As MNOs adapt to the changing landscape, Kaleido's report anticipates a notable shift in their...

21 August 2023 | Connectivity

Enterprises accelerate IoT deployments to drive digital transformation

In the ever-evolving landscape of digital transformation, IoT deployments have emerged as a pivotal component in the strategies of enterprises.

IoT deployments enable businesses to reap rewards such as enhanced productivity, reduced costs, and the realisation of environmental sustainability objectives.

Omdia’s latest Internet of Things Enterprise Survey underscores the escalating commitment of businesses to IoT solutions, with a marked increase in spending and...

15 August 2023 | Digital Transformation

Global IoT connectivity revenues continue to surge

According to a report by IoT market research firm Berg Insight, global IoT connectivity revenues are continuing to surge.

The researchers note that revenues increased by 24 percent in 2022 to reach $13.9B (£9.37B) in 2022. The decline in global Average Revenue Per User (ARPU) also decelerated and dropped by just one percent to €0.49 (£0.33).

IoT connectivity revenues typically account for around two percent of the total revenues for the largest mobile operator...

20 July 2023 | 4G

Satellite IoT is crucial for safeguarding national grids

Viasat has released the findings of a comprehensive global survey conducted among senior electrical utilities industry professionals.

The survey results highlight a range of emerging threats to national grid stability over the next five years, underscoring the importance of finding solutions to safeguard critical national infrastructure.

The study, part of Viasat's 'Critical National Infrastructure Series,' sheds light on the role of satellite-enabled IoT technology in...

19 July 2023 | Connectivity

Global 5G IoT roaming connections to hit 142M by 2027

A study conducted by Juniper Research has revealed promising growth prospects for 5G IoT roaming connections.

The report predicts a significant increase in the global number of 5G IoT roaming connections, from 15 million in 2023 to 142 million by 2027, representing over 27 percent of all 5G roaming connections in four years.

This growth will be driven by the expansion of 5G standalone deployments, particularly in West Europe, and the adoption of value-added services and...

12 July 2023 | 5G

NAO: Smart meter rollout is going slow and over budget

The UK government's ambitious plan to rollout smart meters to all households and small businesses by the end of 2025 has faced significant delays and cost overruns, according to a report by the National Audit Office (NAO).

The report highlights that energy companies have only completed 57 percent of the £13.5 billion project, almost four years past the original deadline.

The NAO report also reveals that the estimated savings from smart meters amount to approximately...

15 June 2023 | Applications