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Learn details of the Internet of Things (IoT) Market 2017

07-24-2017 01:53 PM CET | IT, New Media & Software

Press release from: marketstudyreport.com

/ PR Agency: MarketStudyReport
Executives who operate in Asia-Pacific indicated highest percentage of IoT technology implementation within their organizations. According to survey results, 45% and 33% of respondents who operate in Asia-Pacific and Europe, respectively, indicated that their organizations have implemented an IoT technology or platform. Additionally, 86% and 74% of executives with business operations in the Rest of the World and North America, respectively, opined that their organizations have not yet adopted an IoT technology or platform.

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Survey results reveal that the majority of executives indicated that they are aware about IoT and it is applicable for them. Wi-Fi, mobile computing, and network sensors are crucial for organizations to implement IoT. Executives highlighted that only minor improvement is required in the security program to handle the adoption of IoT, rather than a major overhaul. Deployment of IoT solutions is also helping organizations to track the delivery, inventory, and personnel and infrastructure management. Business benefits such as process automation, profitability enhancement and optimum utilization of workforce is also being achieved by deployment of IoT solutions. Moreover, organizations expect security concerns and privacy issues to pose challenges to the implementation of IoT solutions over the next three years.

The Report "Internet of Things (IoT): Technology, Outlook & Significance 2017", report analyzes industry opinion on the implementation status of IoT technology or platform, and the challenges of adopting IoT solutions over the next two years. This report also examines executive opinions with regards to technology solutions needed for the implementation of IoT, and business advantages through IoT solutions. This report pro vides information about projected investment in IoT solutions over the next two years and key industries that are likely to implement IoT solutions within their organizations. Additionally, the report provides information categorized by region and turnover.

Request Discount for Internet of Things (IoT) Market Research Report @ https://www.marketstudyreport.com/check-for-discount/132744/

Survey results reveal that the majority of executives indicated that they are aware about IoT and it is applicable for them. Wi-Fi, mobile computing, and network sensors are crucial for organizations to implement IoT. Executives highlighted that only minor improvement is required in the security program to handle the adoption of IoT, rather than a major overhaul. Deployment of IoT solutions is also helping organizations to track the delivery, inventory, and personnel and infrastructure management. Business benefits such as process automation, profitability enhancement and optimum utilization of workforce is also being achieved by deployment of IoT solutions. Moreover, organizations expect security concerns and privacy issues to pose challenges to the implementation of IoT solutions over the next three years.
Scope

Maximum number of organizations are targeting efficient tracking of delivery, inventory and personnel through the deployment of IoT solutions
The majority of executives with business operations in the Rest of the World anticipate IoT solutions will improve optimum utilization of workforce
Logistics, and manufacturing are expected to record significant implementation of IoT over the next two years
Overall, 37% of respondents who operate in Asia-Pacific project planned investment of US$50,000-US$249,999 on IoT solutions over the next two years
The majority of executives from Asia-Pacific expect interoperability concerns as the biggest challenge to implementing IoT solutions.

Reasons to buy

The report provides information about technology solutions needed for the implementation of IoT projects, and allows readers to make effective business decisions
The report helps readers to strengthen strategic framework by understanding the business benefits to be achieved through IoT solutions
Suppliers will be provided information about challenges anticipated by organizations regarding the implementation of IoT solutions over the next two years
The report highlights projected investment on IoT solutions over the next two years. This will help organizations to allocate budget towards IoT implementation and business expansion

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