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Ovum, the market-leading research and consulting firm, in partnership with Internet of Things World 2017, today announces the five key trends to watch in the Internet of Things (IoT) market in 2017.


2016 was an important year in the development of the IoT, and 2017 will be even more significant and disruptive, for both technology players and the industries where IoT is being deployed.

The five themes identified in Ovum’s “2017 Trends to Watch: IoT” report, that service providers and vendors should expect to see rapidly evolving this year, include:

 

  • LPWA goes mainstream. The rise of Low-Power Wide-Area Network (LPWA) technologies, in particular, Narrowband IoT (NB-IoT) and Long Term Evolution for Machines (LTE-M), will support a much wider range of IoT use cases, enabling low-cost, low-bandwidth, long battery life IoT devices for applications in areas including smart cities, smart metering, and the connected home.

 


 

“Our research shows that enterprises across many different verticals are now well aware of the potential benefits of the IoT, although most are still in the early stages of thinking about how, when, and where to deploy IoT solutions. Consumers are also getting in on the act, thanks to smart home devices and platforms such as Amazon’s Alexa.” - Alexandra Rehak, Practice Leader, IoT, Ovum

 

View the remaining four trends here

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