We already live in a connected device world – not just our phones are connected – our TV’s, tablets, stereos, homes and more and more of our devices are and will become connected.
Most analysts expect billions of sensors and beacons to be deployed by 2020 and the beacon market does appear to have started off strongly. There are multiple beacon companies in the industry today, some of them via kickstarters, others are spin-outs from larger organisations or companies expanding into adjacent markets.
The scope of the IoT market is vast, from simple low cost, Bluetooth enabled sensors, to smart cities and intelligent transportation systems. mHealth is expected to grow in market size with wearable technology to help monitor everything from heart rate to blood sugar levels, improving the information people have instant access to about the state of their health.
Cities run at a high level of chaos – people and vehicles move with little or no instant communication between each other apart from sight. Connected cities and transportation will remove much of this chaos and synchronisation with connected devices and “people” will enable city planners and managers to gain better control of how to efficiently orchestrate the transportation and delivery of people and goods.Join GSA Visit The LinkedIn Group