Home > Resources > Infographics > Economics of IoT

Economics of IoT

September 1, 2019

The Internet of Things (IoT) is a vast network of physical devices – including consumer products, durable goods, cars and trucks, industrial and utility components, sensors and other everyday objects – that have been fitted with Internet connectivity and tools for the collection and exchange of data.

Spotlight

Redpine Signals

Headquartered in San Jose California, Redpine Signals is a wireless systems company with unique chipset and system level products for wireless networks and Smart Energy Solutions. Redpine has created advanced wireless technology that has gone into the creation of ultra low power and high performance products for the next generation wireless applications. Redpine was the first in the industry to launch a single stream 802.11n chipset in late 2007. Subsequently, it has launched several modules and sub-systems focusing on specific vertical market segments including industrial, wireless sensor, wireless audio & video, voice over Wi-Fi and high end consumer. In 2009, it has launched modules and subsystems that enable the wireless monitoring and control of utility metering systems. It has also announced the availability of multi stream 802.11n along with mobile WiMax (802.16e) and 3GPP LTE technologies with official product launches scheduled in 2009 and 2010.

Other Infographics

The Real Value The Internet of Things Has to Offer

Infographic | January 8, 2020

The Internet of Things is one of the most talked about trends in the tech industry today. It’s massive size and scope is estimated by some to grow to over 50 billion connected devices by 2020, (although others have that number closer to around 30.7 billion devices), which in real-world economic terms is equivalent to $14.4 trillion in potential business opportunities. It’s so big that it seems almost too overwhelming to fully contemplate.

How connected devices are reshaping consumer behavior

Infographic | December 30, 2019

There's no doubt that the IoT will fundamentally change e-commerce, but it might take some time to get to a point where it's completely streamlined. Consumers simply won't use platforms that aren't functional, secure, and easy to navigate, so it's up to businesses to lay the groundwork for an always-online, interconnected marketplace.

Internet of things connected Premise

Infographic | December 10, 2019

In its most technical sense, it consists of integrating sensors and devices into everyday objects that are connected to the Internet over fixed and wireless networks. A new concept that develops on advances incommunications and IT by applying them to objects,enabling improved interaction.

IoT Enterprises

Infographic | January 2, 2020

Most respondents said their company is using,or considereing using,IoT devices as part of operations. These were the most common types of data being collected by companies currently using IoT devices.

The Internet of Things-Enabled Smart City Framework, or IES-City Framework

Infographic | January 15, 2020

Two barriers currently exist to effective and powerful smart city solutions. First, many current smart city ICT deployments are based on custom systems that are not interoperable, portable across cities, extensible, or cost-effective. Second, a number of architectural design efforts are currently underway (e.g. ISO/IEC JTC1, IEC, IEEE, ITU and consortia) but have not yet converged, creating uncertainty among stakeholders. There is a lack of consensus on both a common language/taxonomy and smart city architectural principles.

IoT enabling connected living in smart citie

Infographic | January 24, 2020

If we take a look into the future, one thing is certain: cities become much smarter day after day. They are using information and communications technologies to enhance daily city life. There is an overwhelming trend toward introducing new smart services and opening up city data to improve quality of life for citizens – not to mention the many new business opportunities associated with this change. Safran Identity & Security is at the heart of this new era.

Economics of IoT