Press release
Qatar Internet of Things (IoT) Market 2022 Status and Business Outlook - Labeeb IoT (Qatar Mobility Innovations Center), Fusion Informatics Limited, Ooredoo Q.P.S.C
The Qatar Internet of Things (IoT) Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.Qatar Internet of Things (IoT) Market is expected to register a CAGR of 32.65% over the forecast period (2021 - 2026).
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Top Leading Companies of Qatar Internet of Things (IoT) Market are Labeeb IoT (Qatar Mobility Innovations Center), Fusion Informatics Limited, Ooredoo Q.P.S.C, Vodafone Qatar P.Q.S.C, Cisco Systems Inc., Huawei Technologies Co. Ltd, PTC Inc., Siemens AG, Honeywell International Inc. and others.
Industry News and Updates
February 2020 - Ooredoo announced a new IoT initiative in Qatar, an industrial metering solution. Using IoT will help Qatar's organizations to understand which departments or sections are consuming the most water and energy and thereby pinpoint ways to start saving on their consumption costs. The application, built on Ooredoo's IoT Platform, provides a graphical dashboard with real-time analytics, granular reporting with historical data for benchmarking and alerts on critical events.
Key Market Trends
Transportation and Logistics is Expected to Hold Significant Share
- As Qatar transportation infrastructure grows, an increase in traffic-related problems such as traffic congestion, safety, and pollution becomes inevitable. This will necessitate the implementation of sensory infrastructure to collect data about traffic conditions and make the appropriate changes. Application of traffic sensors to monitor traffic conditions and trends and collect actionable data could curb the amount of congestion and foster a safer and more active travel experience, which could significantly reduce the amount of time that the Qatari population spends stuck in traffic during their daily commutes. Other use cases of IoT include connected Transport Network, the road to vehicle communication, and public transportation social listening.
- Vehicles in Qatar operate in silos despite being the major cause of traffic congestions and incidents on the road. There is a significant potential to decrease congestions and collisions by connecting vehicles to the infrastructure. With the usage of IoT, vehicles could receive real-time roadway information from central traffic management systems. The vehicles can recognize high-risk situations in advance, resulting in driver alerts and warnings through specific actions. The drivers could also make aware of their surroundings, such as traffic lights, traffic signals, parking lots, and emergencies, to act accordingly. This could open significant opportunities in Connected Vehicles (V2V), Real-Time Crowd and Transportation Management, and Mobility Contextual Pre-Advice.
Regional Outlook of Qatar Internet of Things (IoT) Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Qatar Internet of Things (IoT) Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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