Smart cities represent an enormous opportunity for those who address the challenges.
ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies, announced significant findings in the Smart Manufacturing, Smart Cities and M2M, IoT, & IoE markets.
Smart Home Devices and Services to leverage Private Assets for Smart Cities Solutions
Device management services, which include device provisioning, software and firmware updates, and device monitoring, will generate revenues of US$20.5 billion by 2023.
IoT Playbook Insight: Device management services will grow to $20.5 billion by 2023, mostly in industrial, automotive, and telematics, according to a release from ABI Research. These areas will account for 70% of the planned growth, so choose your veriticals accordingly.