The best IoT message bandwidth planning may not survive the first contact with real-world data as IoT System Integrators (SIs) and network planners face the challenge of developing a project concept while at the same time anticipating the data traffic use-case requirements. The latest report from ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies, explores the growth factors driving the IoT data traffic per node, including bandwidth requirements in 23 key market segments. Analysis of the IoT data provides valuable insights and is the foundation of new business opportunities and services, which in turn is driving the future requirements of IoT Data Traffic across multiple markets and applications.
While requirements and use case factors are application dependent, all share the common goal of interpreting raw sensor data and deriving value-added information. The fastest growing segment for data traffic per node is OEM telematics, which is forecasted to grow at over 540 percent CAGR over the next 5 years. This market will drive the highest IoT solution revenues per connected vehicle – partly driven by the additional security and integrity measures needed to protect the vast amounts of data exchanged.
While many standards and technologies are developing protocols for IoT networks, the essential message structure and information flow depend on the use-case around the data traffic of the target application. With IoT adoption across wide-ranging applications and market segments, the use case scenarios are driving IoT data traffic growth.
These findings are from ABI Research’s IoT Data Traffic: Application and Market Analysis report. This report is part of the company’s M2M, IoT & IoE research service, which includes research, data, and analyst insights.
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