Author: Connected World
BIS Research says global in-vehicle payments market to grow five-fold, reaching almost $26 billion by 2030.
From leveraging unmanned aerial drones to gather data about a battlefield to managing very expensive and specialized military vehicles and equipment to protecting against cyberattacks, the IoT (Internet of Things) and related technologies are helping the U.S. government and the U.S. military shore up the nation’s defenses (physical and cyber) while simultaneously tightening up and enhancing operations. Precedence Research estimates the market for the IoT in aerospace and defense will reach $156.27 billion by 2030, which is up from $42.4 billion in 2021. The research firm says factors fueling this growth will include the sectors’ drive to achieve operational efficiency…
Berg Insight says the 500 largest cellular IoT deployments together account for 480 million units.
IDC says wearables growth to stall as macroeconomics pressure continue.
What meaningful opportunities will metaverse technologies offer manufacturing? As a New Year dawns, the resounding cry from manufacturers is: Where are the people? Far and away, the top challenge facing manufacturers in 2023 will be the ongoing skilled labor shortage. Experts say there simply are not enough people to fill manufacturing roles, especially amidst reshoring efforts. The labor shortage is one of many moving pieces shaping the manufacturing workforce—and the workforce as a whole—and these shifts, combined with the convergence of technology trends in Industry 4.0 and the IoT (Internet of Things) and national manufacturing trends like reshoring efforts, are…
Manufacturing companies are creating new logistics sites to be the central hub for spare parts—which will be a key component to the international flow of goods. This will create a fast and comprehensive supply of parts for customers. As one example, Mercedes-Benz Trucks, Daimler Truck, has set up a central logistics hub for the global supply of spare parts in Halberstadt, Saxony-Anhalt. About 2,600 Mercedes-Benz Trucks’ suppliers will provide the logistics hub with their parts in the future. The new logistics hub will deliver up to 300,000 different items—from the smallest screw to a finished truck cab—to almost 3,000 vehicle…
Gartner predicts half of sales leadership roles will be filled by historically underrepresented groups within five years.
Beecham Research says 45% of IoT deployments now have more than 500 connections.
Berg Insight says 31% of all IoT SIMs were managed with third-party IoT CMPs at the end of 2021.
Juniper Research says eSIM market to be worth more than $4 billion globally in 2023.