Singapore, April 11 2015: Asia Pacific is the happening place for the Internet of Things. An International Data Corporation (IDC) study finds that the number of units, or “things”, are poised to increase from 3.1 billion to 8.6 billion by 2020. Over this same period, the total Asia/Pacific excluding Japan (APeJ) market size will increase from $250 billion to $ 583 billion.
IDC’s IoT Market Forecast shows that China not only will continue to dominate the Asia/Pacific region, accounting for 59% of the APeJ market opportunity by 2020, but also be one of the leading markets globally with nearly 1 out of every 5 units connected by 2020 to be in China. However, market size is not the same as market maturity.
“While the market opportunity in China dwarfs the other leading countries like South Korea, India, Indonesia and Australia in terms of dollar value, that doesn’t mean it is the most mature,” says Charles Reed Anderson, Associated VP, Head of Mobility and Internet of Things at IDC Asia/Pacific, “To assess the maturity of a market, we compare the total number of things connected to the overall population to get a connections per capita figure. Based on this calculation, we discovered the top three most mature markets were South Korea, Australia and New Zealand, with China coming in sixth out of the 13 APeJ Countries.”
Which industries are leading the way with IoT? Not surprisingly, the Government industry leads the way, as national, regional and city governments aggressively try to leverage IoT solutions to drive new revenue streams, reduce costs and enhance citizen services as part of their Smart Government initiatives. Other leading industries include Utilities, Discrete Manufacturing, Healthcare and Retail. IDC will conduct its 2015 APeJ Internet of Things Live Web Conference on April 28, 2015.
Singapore will also host the The IoT Show 2015 on September 22 and 23. The Show will address the new business possibilities from theinternet of things and contextual technology. It will explore new business models, facilitate new collaborations and partnerships and generate new ideas and thinking.
It is also a marketplace that brings the entire eco-system together: platforms, integrators, cloud infrastructure, sensors, chips, components, devices, semiconductors, security, big data, regulators, financiers, investors and big brands. The IOT Show is about getting the prototypes out of the lab and into the market.The IOT Show is also a springboard for startups to launch new IOTapplications and then pitch them
Mind over matter
On April 9, IEEE, the world’s largest professional organization dedicated to advancing technological innovation for the benefit of humanity, released results of a global survey results indicating that the human mind will be the technology of choice to control devices used in everyday life in 2025. Results from the survey, which had a sample of more than 3,000 technology enthusiasts, note a decline in the significance of cellphones and mobile devices as the primary means of controlling technology, and highlight autonomous vehicles as the preferred mode of transportation in the future.
“As technology evolves, it becomes more and more integrated with our daily lives and its physical presence shrinks,” said IEEE member Diogo Mónica, security lead at Docker. “Consumer technology is advancing beyond the constraints of mobile devices to wearable form factors, and the next step in this evolution will be the ability to control technology in a hands-free way using brainpower alone. As a growing number of connected devices produces ongoing flows of data, security measures will need to keep pace to protect personal and corporate information as it travels over the IoT network.”
Key findings of the survey include:
· 35% of the respondents who voted on how they would like to open their front door in 10 years selected using mind control as their top preference, more than biometrics, retina scanner, cellphone, motion or manually.
· 3 out of every 10 respondents (35%) who selected their preference for controlling their kitchen appliances in 10 years chose mind-control and (24%) chose cellphone / mobile devices. Technology doesn’t totally take over the kitchen because more than 1/4 of respondents (26%) still want to cook manually (27% of men vs. 22% women).
· More than 1/3 of survey participants who selected a preference would like to control the lights in their home through mind-control in 2025, followed closely by cellphone / mobile controller (30%) and motion sensor (27%). Only 8% of the respondents who selected how they would they would like to control the lights in their home indicated that they would like to do it manually in 10 years.
Technology use outside of the home will also change significantly with an increased reliance on driverless vehicles for transportation. While men and women responded similarly to most survey questions, they were extremely different when selecting their preferred method of driving in 10 years. Nearly 60% percent of women would like to manually control their cars, while only 27% of men selected similarly. However, the majority of men (56%) would like their driving experience to be autonomous, while only 12% of the women had the same preference.
“The development of autonomous vehicles has progressed significantly with technology enhancements and improved intelligent environmental understanding,” said Alberto Broggi, IEEE Fellow, professor of computer engineering at the University of Parma in Italy and founder of VisLab. “Trust in the technology will be a strong driver of adoption, and these survey results show we’re making headway in building consumer trust for the future.” ( For a few days we have a video of Broggi talking about the driverless car project in our Tech Videio spot on the home page.
Talkingabout the India market, Aiyappan Pillai, Senior Member IEEE and Secretary, IEEE Bombay Section said, "Taking the tedium out of driving in high traffic is a good reason for driverless cars. However, in India, the challenge is to make it work in chaotic traffic conditions at a very competitive cost, the trust factor being paramount.”
The Internet of Things (IoT) is the network of physical objects or "things"
embedded with electronics, software, sensors and connectivity to enable it to
achieve greater value and service by exchanging data with the manufacturer,
operator and/or other connected devices. Each thing is uniquely identifiable
through its embedded computing system but is able to interoperate within the
existing Internet infrastructure.
The term “Internet of Things” was first documented by a British visionary, Kevin
Ashton , in 1999. Typically, IoT is expected to offer advanced connectivity of
devices, systems, and services that goes beyond machine-to-machine
communications (M2M) and covers a variety of protocols, domains, and
applications. The interconnection of these embedded devices (including
smart objects), is expected to usher in automation in nearly all fields, while
also enabling advanced applications like a Smart Grid.