Internet of Things market (IOT) 2022

Internet of Things (IoT) Testing market is estimated at $302.9 million in 2016 and is expected to reach $1776.52 million by 2022 growing at a CAGR of 34.2% from 2016 to 2022. Need for shift left testing of IoT applications and increasing importance of Devops are fueling the market. However, lack of consistency among standards for interconnectivity and interoperability is inhibiting the market growth. Moreover, advent of software-defined application platform and controllers provides huge growth opportunity for the market in the future.

Amongst Professional Services Type, mobile application testing held the largest market share. Mobile application testing service providers offer both automated and manual mobile application testing to their customers to test both hybrid and native mobile applications. North America is anticipated to hold the largest market share. The growth in this region is attributed to major dominance with sustainable and well-established economies encouraging them to strongly invest in research and development activities, thereby contributing to the development of new technologies such as IoT, big data, DevOps, and mobility.

Internet Of Things
Internet Of Things

Some of the Key players in the market include Happiest Minds Technologies, Novacoast, Inc., HCL Technologies Ltd., Ixia, Tata Consultancy Services, Apica System, Rapidvalue Solutions, Afour Technologies Pvt Ltd, Saksoft Limited, Beyond Securit, Trustwave Holdings, Praetorian, Smartbear Software, Rapid7 Inc., Infosys Limited and Capgemini S.A.

Regions Covered:

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • Italy

Service Types Covered:
• Managed Services
• Professional Services
• Device Field Testing Services
• Device and Application Management Services
• Business Consulting Services
• Training and Support Services
• Platform Testing Services
• Mobile Application Testing Services
Testing Types Covered:
• Compatibility Testing
• Network Testing

By Application :

Smart Healthcare
Vehicle Telematics
Capillary Networks Management
Smart Building and Home Automation
Smart Manufacturing
Smart Utilities

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10 Leading African countries with the fastest mobile internet

According to the GSMA Intelligence report in June 2018, these are the top ten African countries in terms of the fastest mobile internet:

10. Uganda

Download speed: (Mbps)-8.55

Upload speed: (Mbps)-3.96

Global ranking: 115

Active social media users: 2.6 million

Internet Penetration rate: 44%

 

9. Tanzania

Download speed: (Mbps)-9.13

Upload speed: (Mbps)-4.94

Global ranking: 112

Active internet users: 23 million

Mobile internet subscriptions: 99.6%

 

8. Nigeria

Download speed: (Mbps)-10.04

Upload Speed: (Mbps)-4.23

Global ranking: 108

Active internet subscriptions: 162 million

Mobile internet subscription market penetration: 84%

 

7. Namibia

Download speed: (Mbps)-10.82

Upload speed: (Mbps)-8.19

Global ranking: 106

Mobile internet subscriptions: 1.6 million

Mobile internet subscription market penetration: 110%

 

6. Mauritius

Download speed: (Mbps)-13.24

Upload speed: (Mbps)-5.84

Global ranking: 106

Mobile internet subscription market penetration: 101%

 

5. Côte d’Ivoire

Download speed (Mbps)-14.71

Upload speed (Mbps)-8.46

Global ranking: 91

Mobile internet subscription market penetration: 80%

 

4. Kenya

Download speed: (Mbps)-15.39

Upload speed: (Mbps)-7.82

Global ranking: 87

Mobile internet subscription market penetration: 83%

 

3. Egypt

Download Speed (Mbps)-15.89

Upload Speed (Mbps)-7.67

Global ranking: 85

Smartphone users: 28 million

Mobile internet subscription market penetration: 83%

 

2. Morocco

Download Speed: (Mbps)-18.52

Upload Speed: (Mbps)-9.08

Global ranking: 72

Smart phone users: 526,080

 

1. Tunisia

Download Speed (Mbps)-19.21

Upload Speed (Mbps)-7.99

Global ranking: 71

African ranking: 1

 

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Africa’s Mobile Operators Are Failing to Meet the Innovation Challenge

Innovation is one of those words that everyone has to say. It’s always a good thing when it’s disrupting others but not if it upsets your own carefully prepared apple cart. Russell Southwood looks at how innovation in Africa’s banking industry compares to the continent’s mobile industry and what the MNOs might do.

We have provided a steady stream of coverage looking at how Africa’s mobile operators have involved themselves in innovation and start-ups, most recently: Africa’s three major mobile operators now have a digital playbook – highlighting the continent’s digital services sector:

The interesting thing is that almost all of this innovation is not in their core business streams. You can argue that for those who have more developed m-money revenues that there is potential innovation impact through Fintech start-ups. But almost without exception there are no start-ups seeking to explore how the traditional core mobile business model might be recast for a digital future.

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The Tech And Payments Promise Of Africa

The next great tech frontier?

That would be Africa, according to recent comments from Alibaba Group Holding’s founder and chairman Jack Ma. “The opportunity in eCommerce in Africa lies in the fact that Africa is lacking logistics, infrastructure and payment systems,” Ma said at a conference in Johannesburg, according to Bloomberg.

Digital payments, FinTech and eCommerce are expanding slowly but surely in Africa. In Kenya, banks are pursuing regulatory approval to use distributed ledger technologies to help facilitate payments and create credit scoring models. In Nigeria, Microsoft and First Bank are linking up to bring financial services to consumers there.

Image result for mobile paYMENT AFRICAAnd just this week, Stripe, Visa and other firms invested $8 million in Paystack, a Nigerian firm that enables developers to create payment tools via its APIs and connects multiple payment processors by handling transactions for merchants and consumers. In a new PYMNTS interview, CEO Shola Akinlade talks about the challenges of improving payments in his home country, including those related to infrastructure and connectivity.

That doesn’t mean the path to a larger digital ecosystem will be a smooth one. Despite being home to Africa’s biggest mobile phone market, Nigeria is seeing a decline in banked adults in the country. Financial inclusion in the African country reportedly has declined close to 4 percentage points from 2014 to 2017, now standing at 39 percent at the same time that the Sub-Saharan African average of banked people increased more than 8 percentage points to 43 percent.

In Kenya 73 percent of people use mobile money — compared to under 6 percent in Nigeria, noted Bloomberg, citing data from the World Bank.  “We’re taking baby steps when we should be running,” Yomi Ibosiola, an associate director at Deloitte Nigeria’s data analytics practice, said in an interview with Bloomberg.

Despite the speed bumps, Africa holds great promise for some of the world’s biggest investors. Find out more here.

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