{"id":16400,"date":"2023-02-27T08:12:00","date_gmt":"2023-02-27T08:12:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4024354_AE24354_0"},"modified":"2023-02-27T08:12:00","modified_gmt":"2023-02-27T08:12:00","slug":"internet-of-things-iot-top-10-growth-opportunities-for-2023","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=16400","title":{"rendered":"Internet of Things (IoT): Top 10 Growth Opportunities for 2023"},"content":{"rendered":"<p><b>Geopolitical tensions, sustainability concerns, and supply chain disruptions are changing the IoT market perspective<\/b><\/p>\n<p><span class=\"xn-location\">SAN ANTONIO<\/span>, <span class=\"xn-chron\">Feb. 27, 2023<\/span> \/PRNewswire\/ &#8212;&nbsp;The business landscape with geopolitical tensions, sustainability concerns, and supply chain disruptions is changing the IoT market perspective, according to Frost &amp; Sullivan&#8217;s recent analysis, <b>Internet of Things (IoT) Top 10 Growth Predictions for 2023. <\/b>As a result, businesses are implementing a comprehensive IoT strategy in the short term, envisioning outcomes and growth opportunities that will help them overcome adversity and ensure growth. Frost &amp; Sullivan highlights 10 critical IoT trends for businesses as they enter a challenging and hectic digital phase. The findings were derived from the organization&#8217;s 2022 IT decision-maker (ITDM) survey of 2,094 ITDMs from end-user companies of various sizes and industries across regions.<\/p>\n<div id=\"prni_dvprnejpg8240left\" dir=\"ltr\"> <a href=\"https:\/\/mma.prnasia.com\/media2\/2009444\/Frost_Sullivan.jpg?p=medium600\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" id=\"prnejpg8240left\" title=\"IoT growth opportunities\" src=\"https:\/\/mma.prnasia.com\/media2\/2009444\/Frost_Sullivan.jpg?p=medium600\" alt=\"IoT growth opportunities\" align=\"middle\"><\/a> <br \/><span>IoT growth opportunities<\/span> <\/div>\n<p><b>For further information on this analysis, <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3792819-1&amp;h=2591989236&amp;u=https%3A%2F%2Finsights.frost.com%2Fpr%2Fict%2Fcbailo_k851_internetofthings%3Fcampaign_source%3Dpr&amp;a=please+click+here.\" target=\"_blank\" rel=\"nofollow noopener\">please click here.<\/a> <\/b><\/p>\n<p>&#8220;A majority of respondents, 40%, use IoT in security and surveillance systems as it promises to protect critical assets across industries,&#8221; said <b><span class=\"xn-person\">Cecilia Perez<\/span>, ICT Research Analyst at Frost &amp; Sullivan<\/b>. &#8220;Additionally, for 39% of respondents, industrial automation and smart manufacturing are among the main applications driving IoT projects.&#8221;<\/p>\n<p>Perez added: &#8220;The need to meet CEOs&#8217; top goals\u2014improving processes, automation, and productivity\u2014will accelerate Industrial IoT (IIoT) deployment in 2023. Further, IoT sensors and analytics will help digitize the physical world and quantify human actions, which support organizations in predicting, optimizing, and enhancing customer interactions for a better customer experience (CX).&#8221;<\/p>\n<p>To tap into the growth prospects of changing IoT trends in the short term, market participants should:<\/p>\n<ul type=\"disc\">\n<li>Consider incorporating <b>5G and edge computing<\/b> to process IoT data in real time for mission-critical applications and automation.<\/li>\n<li>Incorporate artificial intelligence (AI) and machine learning (ML) to make data smarter. It helps businesses <b>engage with customers<\/b> through multiple channels, including social media, and deliver better CX.<\/li>\n<li>Encourage the manufacturing sector to <b>leverage the potential of IIoT<\/b> as its use can improve energy management and reduce consumption and costs.<\/li>\n<\/ul>\n<p><b><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3792819-1&amp;h=3327410040&amp;u=https%3A%2F%2Fstore.frost.com%2Finternet-of-things-iot-predictions-outlook.html&amp;a=Internet+of+Things+(IoT)+Top+10+Growth+Predictions+for+2023\" target=\"_blank\" rel=\"nofollow noopener\">Internet of Things (IoT) Top 10 Growth Predictions for 2023<\/a><\/b>&nbsp;is the latest addition to Frost &amp; Sullivan&#8217;s <b>ICT<\/b> research and analyses available through the Frost &amp; Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.<\/p>\n<p><b>About Frost &amp; Sullivan<\/b><\/p>\n<p>For over six decades, Frost &amp; Sullivan has helped build sustainable growth strategies for Fortune 1000 companies, governments, and investors. We apply actionable insights to navigate economic changes, identify disruptive technologies, and formulate new business models to create a stream of innovative growth opportunities that drive future success. <b><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3792819-1&amp;h=654292467&amp;u=https%3A%2F%2Fwww.frost.com%2Fcontact-us%2F%3Futm_campaign_source%3DPR%26utm_campaign_medium%3DWebsite%26utm_campaign_name%3DCampaign_Traffic_Acq&amp;a=Contact+us%3A+Start+the+discussion\" target=\"_blank\" rel=\"nofollow noopener\">Contact us: Start the discussion<\/a><\/b><\/p>\n<p><b>Internet of Things (IoT) Top 10 Growth Predictions for 2023<\/b><\/p>\n<p><b>K851<\/b><\/p>\n<p>Contact:<\/p>\n<p>Mar\u00eda <span class=\"xn-person\">Celeste Bailo<\/span><br \/>Corporate Communications<br \/>E: <a href=\"mailto:celeste.bailo@frost.com\" target=\"_blank\" rel=\"nofollow noopener\">celeste.bailo@frost.com<\/a>&nbsp;<br \/><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3792819-1&amp;h=3032729465&amp;u=https%3A%2F%2Fwww.frost.com%2F&amp;a=https%3A%2F%2Fwww.frost.com%2F\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/www.frost.com\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Geopolitical tensions, sustainability concerns, and supply chain disruptions are changing the IoT market perspective SAN ANTONIO, Feb. 27, 2023 \/PRNewswire\/ &#8212;&nbsp;The business landscape with geopolitical tensions, sustainability concerns, and supply chain disruptions is changing the IoT market perspective, according to Frost &amp; Sullivan&#8217;s recent analysis, Internet of Things (IoT) Top 10 Growth Predictions for 2023. [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":16401,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-16400","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Internet of Things (IoT): Top 10 Growth Opportunities for 2023 - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=16400\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Internet of Things (IoT): Top 10 Growth Opportunities for 2023 - My Blog\" \/>\n<meta property=\"og:description\" content=\"Geopolitical tensions, sustainability concerns, and supply chain disruptions are changing the IoT market perspective SAN ANTONIO, Feb. 27, 2023 \/PRNewswire\/ &#8212;&nbsp;The business landscape with geopolitical tensions, sustainability concerns, and supply chain disruptions is changing the IoT market perspective, according to Frost &amp; Sullivan&#8217;s recent analysis, Internet of Things (IoT) Top 10 Growth Predictions for 2023. 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