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ADTRAN to Address Specific Internet of Things Scale Challenges

September 03, 2020 / Business Wire
SHARESHARESHARE

ADTRAN®, Inc., a leading provider of innovative business and residential connectivity solutions, today announced at its 2020 Virtual CONNECT Press & Analyst Event that it is leveraging its expertise in carrier-grade broadband access network reliability to address specific Internet of Things (IoT) scale challenges. ADTRAN will offer cost-effective solutions that enable service providers, cloud providers and IoT sensor providers to better support the millions of IoT sensors connecting to the access network, diversify their customer base and generate new revenue opportunities.

According to the Mordor Intelligence IoT Market Forecast, the global IoT market is expected to reach a value of $1.2561 trillion by 2025 at a CAGR of 10.53% during the period of 2020-2025. IoT technology is growing in adoption, primarily because it can address a large variety of vertical applications, from smart cities, homes, buildings and manufacturing to more intelligent monitoring in agric...