LONDON, April 10, 2017 /PRNewswire/ -- KEY MARKET DYNAMICS
The vision of the internet of things is that individual objects of everyday life such as cars, roadways, pacemakers, wirelessly connected pill-shaped cameras in digestive tracks, smart billboards which adjust to the passersby, refrigerators, or even cattle can be equipped with sensors that can track useful information about these objects.
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As market players compete to realize the huge economic potential offered by the Internet of Things, we have seen a flurry of M&A activity in this domain. Google's $3 billion plus acquisition of Nest, and Qualcomm's $2.5 billion acquisition of CSR are the biggest transactions in this domain yet.
Industries are majorly spending on monitoring their supply chain, premises, products and customers. There is a huge wave of variance across the vertical industries when it comes to IoT adoption. Industries like manufacturing, transportation, media & entertainment etc. are having some of the highest IoT Spend as a percentage of their annual revenue.
While Service Providers are best positioned to build out horizontal platforms for IoT that is not enough for an end-to-end offering in a specific vertical. IoT will require specialized vertical services based on the market being addressed.
On other hand, security demand in the IoT age surpass and impact conventional categories of IT security, physical security and IT/operational technology (OT) security. IoT security now signifies how the various strata's of security must work simultaneously to secure data, protect devices and users, and provide a privacy, transparency and secure experience.
WHAT YOU'LL KNOW AFTER READING
VENN Research report discusses how vast is IoT ecosystem and playing a pivotal role in evolution of a Digital world and creating immense opportunities for governments, customers, partners and vendors. Readers will be able to identify a relevant section which addresses some of the very basic and typical questions which they face while trying to grapple around the opportunities thrown at them by IoT.
The report also touch upon the IoT market pulse in major economies like US, UK, Germany, japan, China, and India etc. coverage includes the various regulatory and government initiatives taken to boost the IoT adoption to create a Smart and Digital Nation.
SERVICE PROVIDERS WE DISCUSS
We have covered following players in this report covering their key IoT products and services, acquisitions, partnerships, and SWOT analysis.
- Accenture
- Atos
- Cognizant
- Dell Technologies
- IBM
- Infosys
- Tata Consultancy Services
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