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Demand For Internet Of Things (Iot) Technology And Products: Ken Research

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Internet of Things (IoT): Technology, Outlook & Significance 2017", report analyzes industry opinion on the implementation status of IoT technology or platform, and the challenges of adopting IoT solutions over the next two years. – PowerPoint PPT presentation

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Title: Demand For Internet Of Things (Iot) Technology And Products: Ken Research


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Demand For Internet Of Things (Iot) Technology
And Products Ken Research
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Internet of Things (IoT) is a network of physical
objects interconnected through various network
technologies. These physical objects communicate
among themselves and also with the external
environment whenever necessary through embedded
sensors, actuators, and other devices that can
collect or transmit information about the
objects. Internet of Things (IoT) facilitates an
interconnection of end-user devices and the
underlying communication devices.
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  • This network combines hardware, embedded
    software, communication services, and IT services
    to create smart communication environments. This
    technology is applied as smart homes, smart
    shopping, smart transportation, and smart
    healthcare. Internet of Things (IoT) components
    include RFID, WSN, NFC, cloud services, gateways,
    data storage and analytics, and visualization
    elements that help in efficient monitoring and
    management of numerous interconnected devices.
  • Geographically the regions covered by Internet of
    Things (IoT) are America, Asia-Pacific and
    Europe, the Middle East and Africa. The leading
    competitors in the global Internet of Things
    (IoT) are Alcatel-Lucent, ATT, Cisco Systems,
    Ericsson, Amazon Web Services, Apple, ARM
    Holdings, Bosch Software, Innovations, Freescale
    Semiconductor, General Electric, Google, Huawei
    Technologies, IBM, Intel, Microsoft, Oracle, PTC,
    Qualcomm and Samsung Electronics.

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  • According to the research report Internet of
    Things (IoT) Technology, Outlook Significance
    2017, for the implementation of the Internet of
    Things (IoT) in any organization, Wi-Fi, mobile
    computing and network sensors are very crucial.
    Installing Internet of Things (IoT) will help the
    firms to track delivery, inventory, personnel
    management and infrastructure management, along
    with business benefits such as process
    automation, profitability enhancement and optimum
    utilization of workforce. The Internet of Things
    (IoT) is creating new opportunities in business
    such as new business models, real-time
    information, and diversification of revenue
    streams, global visibility and efficient,
    intelligent operations
  • The Internet of Things (IoT) helps organizations
    to create new value streams for customers,
    introduce processes that speed time to market,
    decides market performance, and answer rapidly to
    customer needs. Incorporation of Internet of
    Things (IoT) in

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  • organizations can capture more data related to
    the ongoing processes and products in a timely
    fashion creating new revenue streams, improves
    operational efficiency, and increases customer
    loyalty. The technology of Internet of Things
    (IoT) makes it easier for enterprises to view and
    establish business regardless of location, which
    includes tracking effectiveness and efficacy from
    all the supply chain. Todays smart grid
    technology supplied to utility companies allows
    organizations to access autonomous information,
    make on-the-fly decisions on pricing, logistics,
    sales, and support deployment, etc.
  • The leading companies are developing the next
    generation applications that will address
    specific business needs from the wealth of data
    that will involve Internet of Things (IoT). We
    will be able to witness the new generation of
    applications such as predictive maintenance, loss
    prevention, asset utilization, inventory
    tracking, disaster planning and recovery,
    downtime minimization, energy usage

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optimization, device performance effectiveness,
network performance management, capacity
utilization, capacity planning, demand
forecasting, pricing optimization, yield
management and loading balancing optimization.
Majority of the health organizations are
incorporating the Internet of Things (IoT) to
lower medical costs and increase efficiency of
health care. This technology offers more ability
to accurately monitor patients who receive remote
medical care and also offers the disabled
individuals greater opportunities for
independence outside of health care facilities.
The Internet of Things (IoT) technology in the
healthcare industry includes glucose monitors
that track blood sugar levels continuously,
remote vital signs sensors, radio-frequency
identification tags that allow medical
professionals to track patients and medical
equipment, and smart pillboxes that monitor
patient subjected to treatment and create
reminders for patients to take their medication.
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  • Home automation technologies involve Internet of
    Things (IoT) aligned with the use connected
    cameras and sensors to track and relay
    information to a users smartphone or other
    interface. Internet of Things (IoT) technologies
    incorporated in home automation helps consumers
    to lock or unlock their doors, activate or
    deactivate alarm systems, adjusting lights as per
    consumers particular moods and better energy
    efficiency, turn appliances on or off, order
    groceries and supplies, and regulate home
    temperatures. All of these home Internet of
    Things (IoT) features can be accessed from
    anywhere with an internet connection by using
    voice commands or a simple interface on a
    smartphone. This technology is more useful for
    disabled individuals and can be essential for
    them to maintaining a safe, healthy, enjoyable
    home life.
  • The increasing demand for the first generation of
    Internet of Things (IoT) products such as fitness
    bands, smart watches, and smart

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  • thermostats, for instance will increase
    drastically as component technologies evolve and
    their costs decline. The increasing demand for
    the first generation of Internet of Things
    products such as fitness bands, smart watches,
    and smart thermostats, for instance will increase
    drastically as component technologies evolve and
    their costs decline. The population worldwide
    will demand for smartphones with the rise of
    smartphone usage. The market trend of Internet of
    Things includes expansion of mobile network
    infrastructure worldwide.
  • Internet of Things (IoT) provides security for
    the sensitive materials that contained facilitys
    medical records and requires security from
    hackers and other IT breaches. The most
    innovative technologies in smartphones and
    tablets has suggest limited knowledge of Wi-Fi
    and Bluetooth technologies beyond the consumer
    electronics space for better results. Few
    applications of Internet of Things (IoT) include
    installing sensors in cars, physicians can use
    the information collected

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from wireless sensors in their patients homes to
improve their management of chronic
diseases. The growth in Internet of Things (IoT)
will witness an increase in number of smart
connected devices. The major market challenge of
the Internet of Things is the concerns over data
protection and security. In the developing
economies there is a rising demand for Internet
of Things (IoT) with the rising technology and
developments. It was estimated that the Internet
of Things (IoT) industry will grow at a positive
rate and the market for connected devices will
grow drastically by the year 2020. Key Topics
Covered in the Report Internet of Things (Iot)
Market Research Analysis Internet of Things (Iot)
Market Demand Internet of Things (Iot)
Application Forecast
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Internet of Things (Iot) Market Segmentation by
Technology Internet of Things (Iot) Market
Segmentation by End-Users Internet of Things
(Iot) Market Growth Drivers Internet of Things
(Iot) Technology in Ecommerce Market Internet of
Things (Iot) Technology in Online Retail
Industry To know more about the research
report https//www.kenresearch.com/technology-and
-telecom/it-and-ites/internet-things-iot-technolog
y-outlook-significance/103800-105.html Related
Reports https//www.kenresearch.com/public-sector-
and-administration/public-services/digital-innovat
ors-new-conduits-commerce-internet-things-era/1072
27-15.html
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Contact Ken Research Ankur Gupta, Head
Marketing Communications query_at_kenresearch.com
91-124-4230204
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