CATAPULTING CONNECTIVITY - IOT TRENDS IN 2020 AND BEYOND - DIGITAL CENTRE

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CATAPULTING CONNECTIVITY - IOT TRENDS IN 2020 AND BEYOND - DIGITAL CENTRE
Catapulting Connectivity
    IoT trends in 2020 and Beyond

1                   Catapulting Connectivity: IoT trends in 2020 and Beyond
CATAPULTING CONNECTIVITY - IOT TRENDS IN 2020 AND BEYOND - DIGITAL CENTRE
Introduction

    Today’s ever-changing landscape has resulted in the increasing
    deployment of IoT solutions. Businesses are realising the potential
    of IoT, deriving great value from emerging IoT devices, increasing
    connectivity and accessibility. In fact, by 2020, there will be more
    than 20B devices connected to the IoT.

    In this eBook we explore key drivers in IoT adoption, with a
    particular focus on the Asia Pacific (APAC) region.

2                                           Catapulting Connectivity: IoT trends in 2020 and Beyond
CATAPULTING CONNECTIVITY - IOT TRENDS IN 2020 AND BEYOND - DIGITAL CENTRE
APAC on the Front Line

The Internet of Things (IoT) is exploding        With the ever-changing dynamic of
and disrupting enterprises. From                 technology, APAC countries remain the
automation to artificial intelligence and        driving force in the deployment of IoT. This
virtual reality, IoT encompasses it all.         force is underpinned by a combination
                                                 of government advocacy and investment,
To put it simply, IoT is a network of physical   keen research and manufacturing roots.
objects, embedded with technology, to            Supercharging their status as forward-
communicate with other objects.                  looking countries, with their economies
                                                 sure to reap the rewards.
It’s predicted that 5.8 billion enterprises
and automotive IoT endpoints will be in          A recent report predicts that by 2022
use by 2020. The scalability and scope           spending on IoT within APAC, except
of IoT adoption is huge, and it’s spread is      Japan, will reach $381.8B. Recognising this,
sweeping across nations, particularly in         opportunities across the APAC are fast-
APAC.                                            evolving, and tech giants are rushing to tap
                                                 into the market.

3                                                   Catapulting Connectivity: IoT trends in 2020 and Beyond
CATAPULTING CONNECTIVITY - IOT TRENDS IN 2020 AND BEYOND - DIGITAL CENTRE
Emerging Trends in IoT

From IoT to Narrowband IoT                     For instance, as Mandarin is the most
                                               spoken language in the world – and
Singapore is set to increase its IoT revenue   obviously the biggest language in APAC
to a monumental $714 million by 2025,          by far – any company looking to leverage
which further confirms Singapore’s position    the APAC market must ensure their smart
as hub for IoT technology for deployments      voice assistants are capable of speaking
within both the public and private sectors.    Mandarin. The need for this is pressing: it’s
                                               predicted that voice assistants in smart
Among their IoT deployment innovations         homes within China will reach 100 million
is Narrowband IoT (NB-IoT), a standards-       by 2024.
based, low-power, wide-area technology
designed to enable a wide range of new         Leading brands are already making
IoT devices and services. What’s the           headway. Google Assistant is at the
difference? NB-IoT offers low bandwidth        forefront, with its smart assistants being
data connections at a low cost, enabling a     conversant in 30 languages across 80
wide range of new IoT device connections       countries, whilst the popular Amazon
and increasing accessibility.                  Alexa device understands the fewest
                                               of languages with only five. Yet, neither
This investment is expected to catapult        Google nor Amazon has penetrated the
Singapore’s digital economy and signifies      Chinese market, Apple’s Siri penetration is
the country’s commitment to becoming           largely due to its capability to converse in
a Smart Nation and leader in digital           Mandarin.
transformation.

Multilingual Smart Voice                          As the popularity of voice assistants
Assistant                                         increase, they must be conversant in
                                                  multiple languages.
A rising trend within IoT functionalities is
integration with voice assistants. Voice
assistants are a critical component of
smart homes, and whilst a range of voice
assistants are primarily bilingual, not all
are adept in speaking multiple languages.

4                                                  Catapulting Connectivity: IoT trends in 2020 and Beyond
Smart Homes                                     and many are excited to see the future
                                                implications and impact on the automobile
A key trend in 2020 within the smart home       industry. With tests underway, models are
market will be the integration of wellness      expected to be on the road by as soon as
solutions. Technology is the cornerstone        the first quarter of 2020.  
of all our lives, and with IoT expanding into
almost every sector, the opportunity to         However, what is the APAC positioning
make home life easier hasn’t gone amiss.        on self-drive vehicles? Not only are
Asia’s smart home market is predicted to        autonomous vehicles a near reality
reach US$115 billion by 2030, accounting        for 2020, but the APAC region is also
for 30% of the global share.                    driving the implementation of public
                                                autonomous transportation. Ahead of the
                                                pack is Singapore, a pioneer in emerging
                                                technologies. Singapore introduced a
                                                series of Autonomous Vehicle Rules for
                                                prospective self-driving vehicles as early as
                                                2017. The Singaporean Minister of Transport
                                                also aims to introduce self-driving buses
                                                by 2022. This will not only lower the cost
                                                of public transportation but increase
                                                environmental efficiency, producing zero
                                                emissions and using less energy than
In 2020 and beyond, we will see further         previous diesel buses of the same size.
evolution within the smart homes market,
ranging from the automation of menial           Alongside Singapore’s initiative for
tasks to enhanced threat protection.            autonomous public transportation is
Physical security, including intruder           Malaysia’s. The government aims to roll out
detection and indoor surveillance use           self-hailing taxis in the Southeast Asian
cases will drive volume and will be the         markets before the year 2022. Ride-sharing
second largest user of IoT smart home           app Grab recently announced a partnership
endpoints in 2020.                              with nuTonomy to develop and test this
                                                autonomous technology. Meanwhile,
Self-Driving Cars                               Google’s recent investment of $100m in
                                                Indonesia’s Go-Jek was a significant move
Self-driving cars are a far sooner reality      for the tech giant as they ease into the
than expected. As we delve into the new         transportation space. Not to be left behind,
decade it’s no surprise that what seemed        Uber finalised a deal with SoftBank, the
a farfetched concept, is now taking form.       Japanese conglomerate, investing more
Tesla’s autopilot has sparked keen interest     than $7 billion to expand into the APAC
from business leaders across the globe,         region.

5                                                  Catapulting Connectivity: IoT trends in 2020 and Beyond
Wearable Technology                             Smart Cities

IDC affirmed that things are looking up for     The Asia-Pacific will see 10 smart cities by
smart wearables after witnessing a decline      2025. Half of those are expected to be in
in some markets in recent years, including      China, with Beijing, Shenzhen and Shanghai
China. It forecasts the market for wearable     leading the list. Alongside China is
devices, including wireless headphones          Malaysia, which is committed to cementing
and connected clothing, to grow to 279          its smart city status, as Alibaba Cloud’s
units by 2023.                                  “Malaysia City Brain” pilot project is set to
                                                be rolled out. The first country outside of
With capabilities such as activity tracking     China to adopt the technology.
and heart rate and blood pressure
monitoring, wearables are immensely             Although definitions of what a smart city
impacting the fitness domain and                is vary, most generally agree that the
revolutionising the healthcare industry.        number of IoT devices integrated within a
Tech giants from Apple to Amazon are all        city plays a significant role. That’s because
expanding into the wearables market in          IoT devices allow easy optimisation of a
2019 most revenue was generated within          city’s management and resources, thereby
the Chinese market, which generated             elevating the city to smart status.
US$4,599m.
                                                As we said at the start of this white paper,
Yet China’s appetite for wristband              the APAC region is a hub of IoT technology.
wearables is declining. But all is not lost.    It comes as no surprise then that, given
Affluent buyers are now looking for more,       the definition of smart cities as those
wanting personalised and customisable           that have more IoT devices, that APAC
wearables. This is the direction that we will   is making significant strides with smart
see wearables moving to in coming years,        cities. For instance, the integration of IoT-
so expect a resurgence.                         based information, from smart streets to
                                                CRM platforms and other physical devices,
                                                has helped to optimise traffic flows and
                                                improve navigation.

6                                                   Catapulting Connectivity: IoT trends in 2020 and Beyond
Challenges Ahead

The largest pitfall of IoT adoption is
security, or lack thereof. Attacks against
IoT devices are escalating, two billion
records were exposed to security breaches.
Chinese firm Orbivo, an IoT management
platform was hacked, exposing logs,
passwords, information and even recorded
conversations. Another study notes that
20% of companies have experienced at
least one IoT-based attack in the past
three years.

The perpetrators of these attacks are vast
and varied. When you narrow in on the
APAC region, Chinese hackers dominate IoT
attacks. By illustrating how interconnected
smart devices can easily be weaponised.
The young Texan exploited the Bluetooth
on a cybersecurity audience’s smartphones
to manipulate a robotic toy. This was
a simple example, but it should worry
organisations that don’t currently prioritise
security – the IoT age could be devastating
to these unprotected organisations.

7                                               Catapulting Connectivity: IoT trends in 2020 and Beyond
5G Will Unlock
the Full Potential of IoT

                  IoT based applications are underpinned
                  by great wireless communication and the
                  new era of 5g is reshaping methods and
                  processes. Gartner predicts two-thirds of
                  enterprises plan to deploy 5G by 2020.

                  Without effective and affordable wireless
                  connectivity, IoT cannot thrive. 5G will
                  immensely impact the way future IoT
                  ecosystems are developed, particularly
                  in the areas of scalability, latency and
                  reliability. This generation of connectivity
                  is set to revolutionise the entire range
                  of connectivity, offering a speed of up to
                  10Gbps.

8                     Catapulting Connectivity: IoT trends in 2020 and Beyond
Want to learn more about how IoT can help your company in the
    4th industrial revolution? Digital Centre is offering complimentary
    consultations to leading APAC businesses.

              BOOK YOUR                                EMAIL US
         FREE CONSULTATION                darcie.thompson@digitalcentre.technology

9                                            Catapulting Connectivity: IoT trends in 2020 and Beyond
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