The global fog computing market is expected to reach USD 617.3 million by 2025, according to a new report by Grand View Research, Inc. The increasing demand from end-use industries is expected to propel the industry growth. Fog computing is an advancement in Internet of Things (IoT) that has shifted data processing out of the cloud into devices. With the growing number of IoT deployments, the amount of data is multiplying, thereby giving rise to several challenges involved in uploading and processing this data. This has led to the emergence of fog computing to store and process the vast amount of data within a short time frame. Organizations are involved in developing effective solutions to cater to the needs of end-use industries. For implementing the fog computing technology, it is necessary for organizations to have a robust network performance management capability.

The growth in the machine-to-machine communication has opened growth opportunities for organizations to transition to fog computing to achieve faster decision-making capabilities and reduce the operating costs through its real-time tracking and analyzing abilities. Moreover, the technology supports interface and resource heterogeneity along with the distributed data analytics to address the requirements of widely distributed low latency applications. However, the fragmented technology standards and rising interoperability issues are limiting the industry growth.

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Further key findings from the report suggest:

• The software     segment is expected to witness the fastest growth as software vendors are     tapping the opportunities generated by fog computing at several     application and platform layers
• The routers     & switches segment is expected to account for a revenue share of over     30% by 2025; this growth can be attributed to the need for collecting the     excessive amount of data from different applications
• The smart     manufacturing segment is expected to grow at a CAGR of over 60% as fog     computing helps the manufacturing companies in making better decisions     with real-time data to reduce the operational costs.
• The smart     grids segment is expected to account for over 20% of the market share by     2025; the need for remote monitoring to reduce disruption in operations is     expected to drive demand
• The North     American fog computing market is expected to grow at the highest rate over     the forecast period, with increased adoption of IoT in the manufacturing     and healthcare industries driving the regional growth
• The key     industry players include PrismTech, Cisco Systems, Inc., FogHorn Systems,     and Nebbiolo Technologies

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About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

The global cellular IoT market is expected to reach USD 9.65 billion by 2025, according to a new study by Grand View Research, Inc. The hype around Internet of Things (IoT) and its tremendous potential to revolutionize machine-to-machine and machine-to-human communications has reached its peak, owing to which numerous technology vendors are prodding different variants of emerging technologies to capitalize on this opportunity. With increased pervasiveness of cellular connectivity and the ready availability of its extensive networks, mobile broadband is anticipated to gain unprecedented significance in IoT.

An important aspect of the growth of cellular IoT is its ability to leverage mobility and range as compared to other IoT access methods, which can be the major differentiating factor over its contemporary service delivery techniques. In addition, cellular networks operate on the existing network infrastructure and offer reliable and quality services with assured security, which would play a vital role in their adoption in both industrial and consumer applications.

While cellular IoT primarily operates on the LTE technology, the emergence of other Low Power Wide Area Networks (LPWAN), such as LoRA and SigFox, and comparatively higher costs of cellular modules may hinder the market growth in the next couple of years. The role played by emerging technologies such as NarrowBand-IoT and NarrowBand-LTE-M will be instrumental in the hustle for gaining M2M market share. These technologies are specifically designed for IoT applications and are on the verge of commercialization with numerous pilot projects being launched in different parts of the world.

Cellular IoT offers numerous advantages such as broader coverage, deep indoor penetration, and smaller module size, owing to which it is largely preferred in high-density deployments. This is also expected to aid in the increased adoption of the technology over the next decade. Furthermore, cellular technologies, especially LTE, are supported and backed by a consortium of established industry players and various organizations such as 3^rd Generation Partnership Project (3GPP) and Global System for Mobile Association (GSMA), which is expected to boost the market growth in the coming years.

To request a sample copy or view summary of this report, click the link below: http://www.grandviewresearch.com/industry-analysis/cellular-iot-market

Further key findings from the study suggest:

• North     America is expected to maintain its dominant position in the global market     owing to a greater penetration of next-generation LTE technologies,     especially in the U.S.
• 2G holds the     largest market share in terms of revenue generated; however, it is     expected to gradually lose its share to emerging technologies, such as 4G,     LTE-M, and NB-IoT. An interesting factor about the competing technologies,     is the way in which these technologies operate in relation to each other     (LTE-M vs NB-LTE-M vs NB-IoT) and whether they act as complementary or     rival technologies in IoT
• Standard     bodies, including 3GPP, are actively promoting the usage of cellular IoT technology     and network transformation in broadband connectivity, which is expected to     drive market growth and standardization over the forecast period.
• Remote     monitoring, cloud connectivity, predictive maintenance, remote operation,     and remote maintenance are some of the major applications being     commercialized in different end-use industries.
• Numerous     applications of cellular IoT are anticipated to be the most important     growth driver for the market with a phenomenal increase in device     shipments over the forecast period.

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https://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.