K
Kathleen Martin
Guest
At the core of the digital universe is data. Thriving at the edge of this paradigm, where it all begins, is the Internet of Things (IoT). As a key component of the digital twin story, IoT is the enabling technology for the acquisition of data that will fuel economic growth. It is also one of the starting points of the data lifecycle.
The March 2022 update of IoT Analytics’ Global IoT Enterprise Spending Dashboard, reveals the IoT market grew slightly slower than the 24% forecasted last year attributing this to factors such as a slower-than-anticipated overall economic recovery, a lack of chipsets, and disrupted supply chains.
Source: IoT Analytics 2022
North America was the fastest-growing region in 2021 (+24.1%), and process manufacturing was the fastest-growing segment (+25%).
The researcher forecasts connected IoT devices to reach 14.5 billion globally by the end of 2022. IoT Analytics noted the increasing importance of artificial intelligence in IoT projects. It posits that the infusion of AI into legacy applications and advances in AI hardware will boost the Artificial Intelligence of Things (AIoT) – a US$102.2 billion market opportunity by 2026.
Continue reading: https://futureiot.tech/what-lies-ahead-for-iot-in-2022/
The March 2022 update of IoT Analytics’ Global IoT Enterprise Spending Dashboard, reveals the IoT market grew slightly slower than the 24% forecasted last year attributing this to factors such as a slower-than-anticipated overall economic recovery, a lack of chipsets, and disrupted supply chains.
Source: IoT Analytics 2022
North America was the fastest-growing region in 2021 (+24.1%), and process manufacturing was the fastest-growing segment (+25%).
The researcher forecasts connected IoT devices to reach 14.5 billion globally by the end of 2022. IoT Analytics noted the increasing importance of artificial intelligence in IoT projects. It posits that the infusion of AI into legacy applications and advances in AI hardware will boost the Artificial Intelligence of Things (AIoT) – a US$102.2 billion market opportunity by 2026.
Continue reading: https://futureiot.tech/what-lies-ahead-for-iot-in-2022/
