Industrial IoT set for rapid growth

Industrial IoT set for rapid growth


The Industrial Internet of Things (IIoT) is set to grow 107 percent within half a decade, according to a new report from analyst firm Juniper Research. 

The report says that the global number of Industrial IoT connections will increase from 17.7 billion in 2020 to 36.8 billion in 2025. It has identified smart manufacturing as a key growth sector of the Industrial IoT market over the next five years; accounting for 22 billion connections by 2025.

The report predicts that 5G and LPWA (Low Power Wide Area) networks will play pivotal roles in creating attractive service offerings to the manufacturing industry. 

Private 5G networks will prove most valuable when used for the transmission of large amounts of data in environments with a high density of connections, and where significant levels of data are generated, the research forecasts.

Juniper claims that over 80% of global Industrial IoT market value will come from software spend by 2025; reaching $216 billion. Software tools leveraging machine learning for enhanced data analysis and the identification of network vulnerabilities are now essential to connected manufacturing operations.

“Manufacturers must exercise caution when implementing IoT technology; resisting the temptation to introduce connectivity to all aspects of operations,” said report author Scarlett Woodford. “Instead, manufacturers must focus on the collection of data on the most valuable areas to drive efficiency gains.”

AWS continues to dominate the cloud market

Worldwide spending on cloud infrastructure services grew by a 33 percent in Q3 2020, compared to the same period last year, according to a new report from analyst firm Canalys, which says that the huge rise is a direct result of the Covid-19 pandemic.

In the third quarter of 2020, worldwide businesses spent $36.5 billion on cloud infrastructure services, which was US$2.0 billion higher than Q2 and by $9.0 billion over Q3 2019, according to Canalys data.

According to Canalys, the dependence on cloud-based tools and services remained high across all sectors of the economy and the return of stricter lockdown measures in certain regions over the coming months means cloud will remain vital for sustaining business operations, remote working and learning, as well as customer engagement.

Amazon Web Services (AWS) was the leading cloud service provider in Q3 2020, growing its revenue by $2.6 billion compared to Q3 2019. Overall, AWS generated more revenue than the next three largest cloud service providers combined.

While Azure business of Microsoft grew 48% on an annual basis to reach a 19% market share (up from 17% share in Q3 2019), Google Cloud retained its position as the third largest cloud service provider with a seven percent share. 

Canalys says multi-cloud and hybrid IT to continue gathering momentum as businesses assess the optimal deployment and operating model for each workload, based on cost and performance. This will include mobile edge incorporating 5G for existing and new applications requiring ultra-low latency. These include autonomous vehicles, industrial robotics, and augmented and virtual reality solutions 

“Increased consumption has driven cloud infrastructure services spend this year, though some larger and more complex deals were delayed due to uncertainty caused by the pandemic,” said Matthew Ball, Chief Analyst at Canalys.

“But as organizations adjust to the new normal, these longer-term projects are accelerating again. Some organizations are taking a cost-driven approach by reducing capital expenditure on their own data centers and cutting management costs from outsourcing contracts. Others are taking a transformational approach, developing new cloud-native applications and business models. But they will all have to be more measured and cost-conscious, requiring greater control and visibility of spend, while also deciding not to migrate every workload.”


  1. You could certainly see your expertise within the paintings you write. The world hopes for even more passionate writers such as you who are not afraid to mention how they believe. Always go after your heart. “In order to preserve your self-respect, it is sometimes necessary to lie and cheat.” by Robert Byrne.

  2. I was extremely pleased to uncover this website. I want to to thank you for ones time for this wonderful read!! I definitely really liked every part of it and i also have you book marked to check out new stuff on your site.|

  3. No matter if some one searches for his vital thing, therefore he/she needs
    to be available that in detail, thus that thing is maintained
    over here.

  4. I’m impressed, I must say. Seldom do I come across a blog that’s both equally educative and interesting, and let me tell you, you have hit the nail on the head. The problem is something not enough folks are speaking intelligently about. I am very happy I found this during my search for something relating to this.

  5. I blog frequently and I seriously appreciate your information. Your article has truly peaked my interest. I’m going to take a note of your site and keep checking for new information about once a week. I subscribed to your Feed too.

  6. Hi there! This article couldn’t be written much better! Reading through this post reminds me of my previous roommate! He constantly kept talking about this. I’ll send this article to him. Pretty sure he will have a good read. Thanks for sharing!

  7. You are so interesting! I don’t suppose I’ve truly read anything like this before. So great to find someone with original thoughts on this issue. Really.. thanks for starting this up. This web site is one thing that is needed on the web, someone with a bit of originality!

  8. constantly i used to read smaller articles or reviews that
    as well clear their motive, and that is also happening
    with this paragraph which I am reading now.

  9. Your style is very unique compared to other people I’ve read stuff from.
    Many thanks for posting when you’ve got the opportunity, Guess
    I will just book mark this page.

  10. After checking out a handful of the articles on your web page, I really appreciate your way of writing a blog. I book-marked it to my bookmark website list and will be checking back in the near future. Please visit my website as well and let me know what you think.

  11. Woah! I’m really digging the template/theme of this site. It’s simple, yet effective. A lot of times it’s challenging to get that “perfect balance” between user friendliness and visual appearance. I must say you have done a great job with this. Also, the blog loads very fast for me on Opera. Superb Blog!|

  12. Can I simply say what a comfort to discover somebody that genuinely knows what they are talking about on the web. You definitely understand how to bring an issue to light and make it important. More and more people really need to read this and understand this side of your story. I was surprised you’re not more popular given that you definitely possess the gift.

  13. I’m really enjoying the theme/design of your web site.
    Do you ever run into any browser compatibility problems?
    A handful of my blog readers have complained about my blog not
    working correctly in Explorer but looks great in Opera. Do you have any tips to help
    fix this problem?

  14. We are a gaggle of volunteers and starting a brand new scheme in our community.
    Your web site provided us with helpful information to work
    on. You’ve done an impressive task and our whole community might be grateful to

  15. of course like your web-site however you need to test the spelling on several of your posts. A number of them are rife with spelling problems and I in finding it very bothersome to inform the reality however I¦ll certainly come again again.

  16. An interesting discussion is definitely worth comment. I do think that you should write more on this issue, it might not be a taboo subject but generally folks don’t discuss such subjects. To the next! Many thanks!!

  17. Thanks on your marvelous posting! I truly enjoyed reading it, you’re a great author.
    I will make sure to bookmark your blog and may come back sometime soon.
    I want to encourage you to continue your great posts, have
    a nice holiday weekend!

  18. You could definitely see your skills within the work you write.
    The sector hopes for more passionate writers like you who aren’t afraid to mention how
    they believe. All the time follow your heart.

  19. It is in reality a nice and helpful piece of info. I’m glad that you simply shared this helpful
    info with us. Please stay us up to date like this.
    Thank you for sharing.

  20. I’m not that much of a internet reader to be
    honest but your sites really nice, keep it up!
    I’ll go ahead and bookmark your site to come back later on.
    All the best 0mniartist asmr

  21. Woah! I’m really loving the template/theme of this site. It’s simple, yet effective. A lot of times it’s very difficult to get that “perfect balance” between usability and appearance. I must say that you’ve done a excellent job with this. Also, the blog loads very quick for me on Safari. Exceptional Blog!

  22. Good ?V I should certainly pronounce, impressed with your site. I had no trouble navigating through all the tabs and related info ended up being truly simple to do to access. I recently found what I hoped for before you know it at all. Quite unusual. Is likely to appreciate it for those who add forums or anything, website theme . a tones way for your customer to communicate. Excellent task..

  23. I would like to express some appreciation to the writer for rescuing me from such a condition. Just after looking out through the the net and seeing ideas which are not helpful, I figured my life was over. Living without the presence of answers to the issues you have resolved by means of your main post is a crucial case, and the ones which may have in a negative way damaged my entire career if I had not encountered the website. Your good understanding and kindness in maneuvering almost everything was valuable. I don’t know what I would’ve done if I had not come across such a step like this. It’s possible to at this time look ahead to my future. Thanks very much for the skilled and result oriented guide. I will not think twice to refer your web site to any individual who needs and wants care on this subject matter.

  24. Having read this I believed it was very enlightening. I appreciate you spending some time and effort to put this information together. I once again find myself personally spending way too much time both reading and posting comments. But so what, it was still worth it!|

  25. Hey there! This is my 1st comment here so I just wanted to give a quick shout out and tell you I truly enjoy reading your articles. Can you suggest any other blogs/websites/forums that cover the same topics? Thanks for your time!|

  26. you’re actually a just right webmaster. The site loading pace is incredible. It sort of feels that you are doing any distinctive trick. Furthermore, The contents are masterpiece. you have done a fantastic process in this topic!|

  27. Hello, Neat post. There’s an issue along with your website in web explorer, would check this? IE still is the market leader and a big component of other folks will miss your fantastic writing because of this problem.|

  28. I delight in, cause I found exactly what I used to be having a look for. You’ve ended my 4 day long hunt! God Bless you man. Have a nice day. Bye|