The UK is mostly focused on the 'smart city' vertical of IoT where public infrastructure and services are being greatly transformed through large scale IoT deployments. As of 2016, there were approximately 8.4 million connected devices which is forecasted to reach 20.3 million by 2020.
- Definition / Scope
- Market Overview
- Key Metrics
- Market Risks
- Market Trends
- Industry Challenges
- Technology Trends
- Regulatory Trends
- Market Size and Forecast
- Market Outlook
- Technology Roadmap
- Competitive Landscape
- Competitive Factors
- Key Market Players
- Strategic Conclusion
Definition / Scope
IoT also known as internet of things is a network of unified and organized devices that use sensors to collect data and communicate with each other through the medium of internet.
Some of the general terms used in IoT technology include:
- Interconnected devices: These are products or business assets which communicate to one another over internet. For instance, surveillance cameras. Sensors are attached in the devices which send back the data to the manufacturer.
- Cloud: cloud is a place where data collected from the smart devices are stored. With the help of algorithms and AI, the information is further analysed to improve efficiency in business.
- Network: Some of the common networks include, Wi-Fi, cellular (4G and 5G) and fixed line connections are the mostly used to transfer data and connect devices in IoT.
- Router: It is a physical device which aids connected point between cloud, sensors and AI enabled devices. One benefit of the gateway is that it can provide additional security.
- Sensors: They are part of intelligent device which communicate data to cloud.
Some of the industrial verticals where IoT applications are being applied include,
- Energy: Some of the common applications include, energy smart meters, smart street lighting
- Waste: Wastes around the cities are being managed via Big Belly Solar connected bins, waste vehicle tracking combined with bin sensors and route optimisation
- Transport: Most common applications include, congestion sensors, traffic management solutions, bus prioritisation solutions, smart parking solutions, public transport fleet tracking solutions
- Health: Some of the most common applications include, movement and activity sensors for elderly, vulnerable and disabled people health statistic monitoring for people suffering with chronic illnesses
- Environment: Several air quality sensors have been deployed while other applications include, flooding sensors, soil moisture sensors, ground temperature sensors (to inform when roads require gritting)
- Buildings: Building management solutions that integrates aspects of electricity and heat monitoring, connected safety devices and space usage monitoring.