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