IoT: these technological developments that will bring about the emergence of a $ 7 trillion sector

by bold-lichterman

By 2020, there will be more than 28 billion connected objects installed, and the market will have a potential of $ 7 trillion, according to the results of the study “Evolving the service provider architecture to unleash the potential of IoT»Produced by Etisalat, a telecommunications company based in the United Arab Emirates.

To achieve these performance levels, however, current network infrastructures must evolve, to manage the large amounts of data that will be produced, the growing number of connections that will take place on these networks, or even ensure the security of these infrastructures. 5G, NFV, SDN, Cloud: so many technologies essential for the emergence of IoT giants, according to the authors of the study.


14 verticals concerned as a priority

etisalat-iot-oct2016-5First observation of the authors of the study, the Internet of Things can potentially transform all industries. They identified 14 that will be particularly concerned in the years to come, from home automation to healthcare, including logistics and finance.

The IoT will therefore rely above all on the collection and analysis of data, in order to improve existing processes in these sectors. We are therefore thinking of applications in industry, where sensors already make it possible to measure the efficiency of production lines, for example.

Beyond that, the Internet of Objects also allows the emergence of new verticals, such as the “smart home” or the “smart city”, whose ultimate ambition is to automate as much of our actions as possible. daily. We are interested here in the possibilities offered by devices such as lighting or connected lifts.

4 technologies to master

To make all the applications identified by the experts possible, the infrastructures must be up to the task, remind the authors of the study. They have thus identified 4 major technologies that have a major role to play in the development of IoT.

  • NFV (Network Function Virtualization) and SDN (Software Defined Network), which allow suppliers to improve the capacities of their networks, to make them more flexible and adaptable to the needs of connected objects in real time,
  • The Cloud, which offers both possibilities in terms of data storage, but also in terms of analysis,
  • All the access technologies for low power IoT applications,

  • And 5G, which should allow better network coverage, as well as better efficiency of the latter.

These technologies logically intervene at different stages of the IoT value chain.


SEE the full study:

READ also:

Photo credit: Fotolia, royalty-free stock images, vectors and videos