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Over 50% of All IoT Devices Will Be Used in the Workplace by 2021
July 5, 2016 | Business WireEstimated reading time: Less than a minute
Research and Markets has announced the addition of the "Smart Workplace: Devices, Applications, and Services 2016 - 2021" report to their offering.
The Smart Workplace is a concept powered by IoT technologies and solutions and is composed of smart workforce, intelligent environments, and smart components. There are many factors to consider including service robots, ubiquitous connectivity and communication technology, building automation and management systems, sensor equipped energy management system, cloud and edge enabled infrastructure, mobile device management, wearable networks, intelligent software application, and many more.
Key Findings:
- More than 50% of all IoT devices will be used in the workplace by 2021.
- During the estimated period, new buildings will generate 42% of total smart workplace revenue.
- North America will lead the market in terms of adoption and generation of revenue during estimated period.
- OEM providers include smartphone, infrastructure devices, robotics devices, wearable devices, and sensor tracked devices will represent a $20B market by 2021.
- Cellular and non-cellular LPWAN building connectivity providers, sensor network providers, and connected system providers for robotics services will represent a $10.6B market by 2021.
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