In the News

Artificial Intelligence (AI) has burst on to the scene in a big way and the technology is diffusing out of data centres and into a wide range of distributed locations, enabled by more capable processors and more innovative algorithms. But other enabling technologies will need to keep pace, or risk becoming bottlenecks.

The Internet of Things has transformed how we live, work and interact with the world around us. With more than 17 billion connected devices today, from smart thermostats in our homes to intricate sensors in industrial machinery, this network is vast and continually growing.

The number of active IoT devices will more than double to 40 billion by the end of 2033, according to IoT analyst house Transforma Insights. Short-range IoT technologies will account for 73 percent of the total by the end of the period; cellular IoT connections, mostly on LTE-based NB-IoT and LTE-M (and related technologies), will account for most of the rest, with about a 19 percent share of the total. The total IoT market will be worth $934 billion, it said.

Research company Transforma Insights predicted cellular IoT connections would increase from 1.9 billion at the end of 2023 to 7.5 billion over the next decade, but noted just 1.1 billion would use what it deemed full 5G.

Transforma Insights' Latest Report Unveils Explosive Growth in IoT Market, Predicts Revenue Surge to USD 934 Billion by 2033.

Transforma Insights has today published its report ‘Global IoT Forecast Report, 2023-2033’ which provides the industry benchmark of the status of the global Internet of Things market.

MWC Barcelona 2024 again delivered four days of vibrant discussion and networking, convening industry leaders, and attendees across the mobile ecosystem to discuss trends. With over 90,000+ attendees, it showcased how the telecoms sector can grow as an ecosystem and leverage the opportunity within the convergence of many technologies now catalyzing digital transformation with IoT, AI, and ML – through devices, services, and experiences.

The topic of eSIM and remote SIM provisioning has been at the forefront of many of the discussions related to cellular-based IoT connectivity in recent years. Typically the focus has been on in-field provisioning, but in the last few months a new approach has started to emerge, in the form of In-Factory Profile Provisioning (IFPP) involving the secure loading of mobile network SIM profiles during the manufacturing and/or order fulfilment process.

Many manufacturers are applying sophisticated analytics and AI to their IoT data to monitor operations in real time, improve efficiencies, and make intelligent decisions. This week, April 9, 2024, is World IoT Day signifying IoT’s growing importance in the scheme of things. The group behind IoT Day is the IoT Council.

Internet of Things (IoT) products, if they meet “robust cybersecurity standards,” now may qualify for a voluntary label under the US Cyber Trust Mark program created by the Federal Communications Commission (FCC).