After using the internet to keep people connected for quite some time, many devices nowadays have the capability to be connected to each other by the internet of things technology (IoT) which can work directly through a smartphone.
From small devices to cars and houses, IoT is the main driver to create a new ecosystem by having objects engineered to seamlessly communicate with each other, and especially with the user, to support all day connectivity across the ecosystem.
According to Ericsson, the number of cellular IoT connections will grow from 1.7 billion in 2020 to 5.9 billion in 2026, while the manufacturing IoT managed services segment is estimated to hold approximately 27.5% of the market share in 2026, according to Persistentmarketresearch.
New partnership for IoT connectivity
As such, Ericsson (NASDAQ: ERIC) and Arkessa reached a deal to provide a secure, managed global connectivity solution that supports the rapid and efficient deployment of Voi e-scooter fleets around the world.
According to Ericsson, that partnership will help increase micro-mobility in cities by having global SIMs supplied by Arkessa, allowing Voi to easily provision, activate scooters and manage its fleet of connected scooters worldwide, regardless of their location.
Arkessa’s global connectivity offers Sweedish Voi the flexibility to deploy its growing fleet of e-scooters in various countries while minimizing costs and optimizing coverage.
One SIM can connect to different service providers without the need for physical replacements, offering significant cost savings in fleet management. Voi gains full global connectivity management benefits powered by Ericsson IoT Accelerator.
These IoT-enabled devices contain sensors that constantly collect and react to data, and this vast level of data can be used to unlock new levels of intelligence.
Fredrik Hjelm, CEO and co-founder of Voi, says, “We are excited to work with Arkessa to provide superior IoT connectivity in our scooters and ensure an even higher level of service for our riders and partner cities. By leveraging Arkessa’s secure and resilient global network connectivity, Voi can continue to deliver fast, reliable e-scooter services as we expand into new markets and roll out our next-generation vehicles and IoT hardware.”
Benefits of IoT scooters
In parallel, these scooters which are activated by the smartphone now ubiquitous in every country in Europe and the United States, giving citizens, tourists and locals an alternative and convenient option to move around the city.
On the other hand, the data is collected from the scooter directly via integrated sensors which are transmitted via cellular connectivity to the systems of the companies that own them.
Information – which includes the location of each connected bicycles and scooter, how long each ride takes, which docks need to be restocked, and which ones are full – is always available in real time.
For example, New York’s Citi Bike makes its system data publicly available and invites developers, engineers, and statisticians to use it for analysis, development, and visualization. These measures are taken for the purpose of making better decisions related to transportation and municipal infrastructures.
The idea is that the continuously streamed data collected from connected bikes and scooters will become a crucial components of a fully functional and responsive interconnected grid that can process big data .
Enterprises are increasingly taking advantage of cellular IoT to deliver new services, derive new revenue streams and improve operational cost-efficiency.
Telstra secures largest IoT contract with water utility firm
Australian-based operator Telstra said it has won a 15-year contract from Yarra Valley Water to provide one million industrial IoT services on Telstra’s IoT network.
Telstra says this is its largest IoT deal to date and the first large-scale IoT deployment using Telstra’s new cloud-based platform-as-a-service IoT Connection Manager (ICM). Telstra will deploy its ICM platform to enable Yarra Valley Water gain access to near real-time data from a range of in-field sensors.
“Instead of getting four data points a year, our IoT Connection Manager will now allow Yarra Valley Water to get more than 17,000 data points annually for a much more accurate, near real-time, and robust understanding of its water infrastructure,” Telstra’s group owner of industry solutions and IoT Mark Chapman said.
Cellular low power wide area network
The Yarra Valley Water solution leverages Telstra’s cellular low power wide area network (LPWAN), which offers an IoT coverage of around 4 million square kilometers for NB-IoT and over 3 million square kilometers for LTE-M.
Yarra Valley Water Managing Director, Pat McCafferty, said: “Internet of Things devices are a game changer for the water industry. By deploying a range of different sensors into our water and sanitation networks, we can detect leaks, minimise water wastage and save our customers money.”
Telstra said that its IoT network currently has over 4 million connections in the country.
As part of the agreement, Telstra will provide the IoT connectivity and the ICM Platform to enable sensor readings to be collected automatically in near real-time.
This will enable the utility company to prevent leaks from becoming bursts, sewer blockages from becoming spills, and notifying customers about issues on their properties so they can act quickly.
17,000 data points annually
Telstra Group Owner of Industry Solutions and IoT Mark Chapman said: “Instead of getting four data points a year, our IoT Connection Manager will now allow Yarra Valley Water to get more than 17,000 data points annually for a much more accurate, near real-time, and robust understanding of its water infrastructure.”
He added: “This is a great example of how our leading IoT network and platform is helping organizations use connected technology to drive positive customer experiences and help remotely monitor its assets and complex infrastructure.”
Telstra, which had launched 5G in May 2020, is currently using its spectrum in the 3.6 GHz band to provide 5G technology across Australia. Some of the cities in which Telstra offers its 5G service are Canberra, Central Coast, Brisbane, Sidney, Cairns, Gold Coast, Adelaide, Hamilton, Melbourne and Perth.
IoT in healthcare set to skyrocket at $469.4 bn by 2027
It is without a shadow of a doubt that the pandemic has brought the world to a golden age of technology, as it accelerated digital transformation and technological innovations that will forever shape how we lead our lives.
The obvious champion of the pandemic was the healthcare industry, which saw it being infused with a plethora of tech-oriented solutions, inventions, and render the experience as seamless as possible.
Technological advancements are making a mark across the healthcare industry to a considerable extent. Monitoring and diagnosing patients are of utmost importance in the healthcare sector. The increasing use of connected technologies like IoT has resulted in overwhelming innovations.
Thus, all these factors bring immense growth prospects for the IoT in healthcare market.
IoT, or the Internet of Things, is a form of connected technology that uses data to customize real-time monitoring aspects and enhance customer experience. IoT is used extensively to enable real-time health monitoring and usually accesses patient health data.
The data proves to be a treasure for the stakeholders in the healthcare sector as it helps in enhancing patient health. Thus, all these advantages help in boosting the growth prospects of the Internet of Things in healthcare market.
A new study by Transparency Market Research (TMR) analyzed the overall development of the IoT in healthcare market in recent times. TMR experts project the IoT in healthcare market to record a whopping CAGR of 20.9 percent across the forecast period of 2019-2027.
The global IoT in healthcare market is estimated to reach a valuation of $469.4 billion by 2027, the end year of the forecast period.
With the advent of IoT in healthcare, patients’ interactions are not just limited to text messages, visits, and calls. IoT in healthcare has enabled doctors and clinicians to monitor the progress of their patients frequently.
The data provided by IoT helps in increasing patient engagement and satisfaction due to more efficiency and accuracy. In addition, the COVID-19 pandemic will have a massive positive impact on the growth of the IoT in healthcare market.
Vaccine to boost IoT in Healthcare
COVID-19 vaccines are the key to reducing the effect of the pandemic around the world.
Mass vaccination drives are being conducted across the globe through varied vaccination drives; thus, connected technologies play an important role in the manufacture and supply of vaccines.
The Smart Fridge by Weka is a classic instance. This fridge uses IoT to allow remote monitoring of vaccines and ensures that the vaccines are stored at the right temperature. These factors will play an important role in increasing the growth rate of the Internet of Things in healthcare market.
IoT in healthcare is not just limited to devices; the technology is making a great impact on emergency services as well.
Ambulances play a major role in providing emergency services. These ambulances, if connected with the IoT can help in addressing the issues of the patients with utmost care.
Unlike standard ambulances, IoT-enabled ambulances are connected to remote consultation rooms. It enables the paramedics to consult patients remotely and diagnose their problems immediately without wasting much time. All these factors bode well for the growth of the Internet of Things in healthcare market.
IoT in Healthcare Market: Uses in COVID-19 Pandemic
The growing transmission levels and the increasing strain on the healthcare facilities boost the need for connected technologies extensively. Here’s how the IoT in healthcare is playing a significant role during the pandemic according to the study by TMR:
- IoT devices are speeding up the COVID-19 detection processes by capturing patient data and other information.
- During the COVID-19 quarantine period, the patients can be monitored remotely by the authorities through wearables and similar technologies.
- Crowd monitoring devices powered by IoT will help ensure social distancing in public spaces.
While these innovations and inventions have massive room to disrupt the healthcare market, many experts have made the point that we remain at the tip of the technological iceberg, with much more to come.
Global eSIM shipments to reach 822 mil by 2025, as smart cities drive growth
A new Juniper Research study found that the number of global eSIM module shipments will increase from 430 million in 2020 to 822 million in 2025; representing a growth of 90 percent.
The research identified the public sector as the fastest-growing area, with shipments of eSIM‑enabled public sector sensors expected to increase by 500 percent over the next four years, as smart city services benefit from the flexibility of the growing eSIM ecosystem.
The new research, eSIMs: Sector Analysis, Emerging Opportunities & Market Forecasts 2021-2025, found that smart street lighting sensors will account for 88 percent of eSIM shipments within the public sector by 2025.
“We predict that smart city providers will leverage cellular networks, underpinned by eSIMs, as gateways to low-power connections for the monitoring and management of smart city services,” the report pointed out.
NA Smart Cities achieve global dominance
The report predicts that the U.S. will remain the largest market for public sector eSIM adoption; accounting for 30 percent of eSIMs installed in devices by 2025.
It highlighted that “operators in North America have led the development and roll-out of 5G networks, which has enabled new levels of city-wide automation and information sharing in smart cities.”
Government authorities in other regions must follow the example set by smart cities in North America to ensure the smooth transition from legacy technology to smart sensors underpinned by robust eSIM technology.
Standalone 5G Networks Key for Future Smart Cities
The study urges eSIM vendors to develop 5G-capable modules to capitalise on the growth of next‑generation 5G standalone networks, which enables the deployment of 5G-enabled eSIMs within smart cities.
Research author Scarlett Woodford noted: ‘To support smart city initiatives, eSIM vendors must invest in the development of 5G-enabled form factors. By combining flexible network connectivity with high bandwidth transmission and reduced latency, 5G-capable modules will enable local authorities to monitor connected sensors in real-time and allocate resources accordingly.’
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