The recent convergence of low-power wide area, short-range wireless, and cellular networks represents a fertile battleground for the future of IoT enablement. While today about 55% of IoT connections can be attributed to the digital-first domain (the Internet of Digital), the emergence of low-power wide-area and short-range wireless network technologies purpose-built for the IoT puts the physical-first domain (IoT) on track to account for 65% of active wireless connections in the next five years.
The incipient IoT playing field includes everything from newly-minted specifications for Bluetooth 5 to the designation of Wi-Fi HaLow (802.11ah), LTE Cat M (followed by NB-IoT), and LPWAN technologies, such as those from Ingenu, LoRa, SIGFOX, and Thread. "Advances in mesh networking, location-aware ICs, and better utilization of unlicensed spectrum are among the key ingredients driving wireless sensor network deployments, and, in turn, the next generation of connected devices."
These findings are from ABI Research's Internet of Everything Market Tracker (https://www.abiresearch.com/market-research/product/1017641-internet-of-everything-market-tracker/) and Internet of Everything Semiannual Update (https://www.abiresearch.com/market-research/product/1025275-internet-of-everything-semiannual-update/). This report is part of the company's IoT, IoE, & M2M sector (https://www.abiresearch.com/market-research/practice/ioe-enterprise-m2m/), which includes research, data, and analyst insights.
About ABI Research
ABI Research stands at the forefront of technology market research, providing business leaders with comprehensive research and consulting services to help them implement informed, transformative technology decisions. Founded more than 25 years ago, the company's global team of senior and long-tenured analysts delivers deep market data forecasts, analyses, and teardown services. ABI Research is an industry pioneer, proactively uncovering ground-breaking business cycles and publishing research 18 to 36 months in advance of other organizations. For more information, visit www.abiresearch.com.
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SOURCE ABI Research