Industrial Internet of things - IIOT
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models. Born out of the Internet framework, this new renaissance is termed as the Industrial Internet of Things- symbolising the complex network of assets, processes and people in future factories. This will begin a new era of connectivity, convergence and mobility, where data will gain centrestage and become the new capital for intelligence. Data-driven business models will disrupt conventional product markets and lead to the consolidation and reinvention of new approaches in future factories. The trend of IIoT, in effect, will become the common underlying denominator governing all future transformation in the manufacturing world
Frost & Sullivan’s IIoT research and consulting programs are focussed on foreseeing the impact of advanced IoT technologies within the manufacturing sector. The research approach is formulated with a specific objective of trying to predict how connectivity and data analytics will influence the reinvention of existing industrial supplier markets. This is achieved via a thematic approach that is detailed below.
Services 2.0 (advanced services)
Supply chain evolution
Industry 4.0 business ecosystem
Big data analytics
We work closely with the world’s leading industrial companies, manufacturers, information and communication technology (ICT) vendors, measurement and instrumentation vendors to build customized deliverables that can aid in strategic decision making. The insight from this research program is tuned to be applicable for multiple industries and supports client in the creation of an effective IIOT strategy
12 Jun 2020  |  Global
Innovative Business Models Centered Around Services are Expected to Unlock New Revenue Streams for the Pumps Industry
This study forecasts the future of the pumps industry amidst the onset of a new wave of digitalization and the Industrial Internet of Things (IIoT). The changing market conditions influenced by demand-supply shock, oil price volatility, political tension, and shift in customer preferences are making pump manufacturers revisit their value propositio...
18 Jun 2020  |  Global
Biometric-based Time and Attendance Solutions will Grow Rapidly due to the Increase in Adoption of Remote Working in the Near Future
In 2019, the global time and attendance solutions market raked in $1,776.3 million in terms of revenue, and the market is expected to grow at a compound annual growth rate (CAGR) of 5.8% between 2019 and 2024. North America (NA) was the largest regional market for time and attendance solutions, holding 25.5% of the global revenue. The region is exp...
10 Aug 2020  |  Global
IoT, SDN, and Low-power Consuming Wireless Technologies to Drive Growth Opportunities
The global wireless technology market is well established and is witnessing a period of dynamic growth. This market is expected to expand its revenues from $1,431.30 billion in 2019 to $5,519.40 billion by 2024, at a CAGR of 31.0%. Wireless technology is used for enabling connectivity between different communication networks, within enterprises, or...
23 Jun 2020  |  North America
COVID-19 Pandemic to Negatively Impact Light Vehicle Sales to the Tune of Over 14% YoY
The novel coronavirus driven pandemic has adversely affected a wide array of industries. The automotive industry is not immune to the disruptions caused by the virus either. The months of March and April have seen lockdowns of cities across the globe, and the sales of automobiles have plummeted as a result. Light vehicle (LV) sales in China, the Un...
24 Jun 2020  |  Latin America
Service Providers Must Go Beyond Connectivity and Develop Ecosystems that Help Support Industry-specific Solutions
The key challenge for Telecom operators is to go beyond connectivity and provide business solutions to enterprise customers, as well as connected home and digital lifestyle services to consumers. A solid ecosystem strategy and effective execution by operators are key requisites to address this challenge. This study analyzes how the IoT ecosystem ...
26 Jun 2020  |  Global
More Simulation-based Solutions Should Drive Market Revenues in the Coming Years
This Frost & Sullivan research service analyzes the global noise, vibration and harshness (NVH) testing market in detail for the period covering 2018 to 2024, with 2019 as the base year. The study covers both the hardware and software segments. Hardware includes sensors, analyzers, sound level meters, microphones, data acquisition systems, signal c...
30 Jun 2020  |  North America
Smart and Cognitive Building Solutions to Embrace IoT Integration, Propelled the Transformation from Traditional to Advanced Systems, Unleashing Higher Productivity and Actionable Insights, Increasing Energy Efficiency, and Enabling New Business Models
The world building automation systems (BAS) market is poised to grow at a moderate CAGR of 3.4% for the period 2019–2026. The key factors for growth are energy efficiency requisites, energy conservation and favourable government initiatives, rising energy prices, and strict building codes, aiding BAS systems adoption. Regulatory drivers will have...
08 Jul 2020  |  Global
The proliferation of M2M devices has been dampened due to the COVID-19 pandemic; while connected home will continue to remain a prominent area, connected health will have a higher degree of growth.
Machine-to-machine (M2M) devices and connections will experience significant growth during the forecast period. Key areas of application include connected homes, work, cities, cars, and health, with the connected homes segment securing a significant share in the market. The COVID-19 pandemic outbreak, which started in December 2019, took the world ...
17 Jul 2020  |  South Asia, Middle East & North Africa
Digital Transformation Reshapes the Industrial Market and Creates New Pivots of Growth for Automation Solution Providers in the Region
This outlook study provides information on the key trends and predictions for the automation market in the Middle East and Africa in 2020, analysing developments across end-user industries. Demand for automation solutions in this region experienced a steady growth in 2019, aided by the moderate investment climate. The automation market across the r...
05 Aug 2020  |  North America
Digital Sustainability to Drive Adoption of Building Information Modelling (BIM) and Digital Twin Solutions in the Built Environment
Future Growth Potential Powered by Flexible Business Models in Commercial and Public Infrastructure Projects
The purpose of this research is to explore your company’s ‘Growth Zone’ in the architecture, engineering, and construction (AEC) industry through building information modelling (BIM) and digital twin opportunities. The study highlights market developments such as the evolution of the BIM and digital twin platform, impact of major technologies...