Operators have to look beyond the essence of connectivity for monetizing IoT

by | Jun 17, 2019 | IoT Companies

IoT has a lot of things to play in the journey of digital transformation as per the IoT news 2019. Some organizations have already adapted to IoT applications. By 2020 it is expected that IoT will be implemented in almost 95% of all the newly launched products. These implementations are backed by some awesome platforms in amazing devices; some of the platforms are discussed hereunder.

Amazon IoT

Amazon IoT services connect the AWS devices to other devices. In the process of connection, data security and interactions are never compromised whatsoever. Applications are enabled in the devices even when the devices are offline.

Features

  • The AWS SDK enables you to connect any of your hardware devices or your mobile applications to the IoT core of AWS.
  • The Message Broker securely transmits all the messages to and from the IoT devices and low latency applications.
  • The device Gateway implements all the semantics for all the protocols thereby securing effective communication with all the IoT trends and devices.

Google IoT

Google Cloud is a complete package of tools to store, process and analyze data both in the cloud and also at the edge. The integrated software with an edge on AI serves all your IoT related needs.

Features

  • Google maps help in perfectly locating your business location. An effective movement of all your assets is perfectly visualized with the help of Google maps.
  • Firmware updates can be effectively carried on using the Cloud IoT sensors.
  • Gaining real-time insights from services dispersed globally can be possible only with Google Cloud services.

Microsoft Azure- IoT

Transform all the digital information into powerful applications that are essential for the IoT updates and development. New business opportunities can be fuelled in all the sectors starting from retail to transport and others.

Features

  • Cloud analytics and intelligence can be incorporated into IoT services to get deeper insights for faster decision making.
  • Provides effective security of information with the help of leading technologies that also help in boosting the business transparency at ease.

Neelam Dimri

A post graduate and gold medalist in English literature with a great passion for writing. I am an avid blogger and love to write technical and nontechnical Articles, Blogs, e-books, the latest platform of global interest. I firmly believe in the healing power of writing and how it works fantastically to improve one’s creativity as well as personality. Life is too short to express yourself so, keep writing and enjoying.

In the year 2014, the Transparency Market Research said that the global wearable sensors market is around US 70 million. In the long run, the market will register a massive 45.20% CARG from 2014 to 2020.

In the geographical context, North America is going to hold a significant share of the worldwide wearable sensor market, which would exhibit a steady growth rate in a few years. As far as the product type is concerned, the segment revolving around the wearable image will witness a massive growth in a few years as well.

Introducing miniaturized sensors are becoming exceptionally popular in the world. Moreover, the miniaturization of the sensors will also drive a wildfire adoption in the wearable IoT sensor market. On the other hand, there is also a massive rise in disposable income for its consumers, which can project supplement for developing the market of wearable sensors around the world.

There is a rise in the adoption of the Internet of Things and Artificial Intelligence for a year or so. And experts predict that this rise would ensure the growth of the global wearable sensor market all through the forecast period.

Nevertheless, the wearable sensor market is on the verge of facing numerous challenges in the forthcoming years. And due to this, the market is going to witness a little downfall. One of the most prominent problems of making the adoption stagnant is the cost of these devices. On the other hand, the upcoming issue regarding the security and the privacy of the tools are also the key factors that are putting development at bay.

The technology is still at infancy, and it took Apple 3 generations to bring a good version of Watch Series with dedicated App Store. And Samsung has also been struggling with its Galaxy S Wear. The wearable technology has the potential to become a disruptive technology, or the technology will stay domicile for years to come.

**This post was published on https://bestmarketherald.com

Neelam Dimri

A post graduate and gold medalist in English literature with a great passion for writing. I am an avid blogger and love to write technical and nontechnical Articles, Blogs, e-books, the latest platform of global interest. I firmly believe in the healing power of writing and how it works fantastically to improve one’s creativity as well as personality. Life is too short to express yourself so, keep writing and enjoying.