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New Zealand : Connectivity and convergence at GIL 2014 New Zealand market potential of USD$731 billion in connected living by 2020 [TendersInfo (India)]
[July 23, 2014]

New Zealand : Connectivity and convergence at GIL 2014 New Zealand market potential of USD$731 billion in connected living by 2020 [TendersInfo (India)]


(TendersInfo (India) Via Acquire Media NewsEdge) Massive technology-led disruption across all industries globally, driven by the rapid proliferation of connected devices and services is moving everyone and everything towards a state of 'connected everything'. Connected devices will continue to proliferate in every aspect of life with an average digital native of at least 10 personal connected devices at home and access to over 80 billion devices. It is expected that by the time we are into the 2020's, tens of millions of people will be connected by trillions of things and applications as a result of connected industries.



'Connected Living' is defined as a world in which consumers use many different devices to experience compelling new services that integrate video, voice, and data services to provide access and ubiquitous connectivity anytime and anywhere. In the future, smart and connected everyday objects and appliances will be able to monitor the environment, report statuses, receive instructions, and take action based on the information received from PCs, smartphones, and tablets.

This evolution has progressed since the 1970's, that had specialised activities driven by proprietary equipment and mainframes, then increased productivity in the 1990's propelled by the advent of PC's and the internet, followed by bursts of disruption and innovation in 2010 onwards through cloud and mobility.


Mark Dougan, Managing Director, Australia & New Zealand, Frost & Sullivan says, "Mobility and cloud computing have brought about significant changes in the ICT industry. Cloud computing, big data, mobility and low cost sensors are driving the internet of things and connected industries. The internet of things is forcing transformation and innovation across connectivity and convergence of people and industries, giving rise to the connected home, connected workplace and connected city. The consumerisation of the information and communication technologies (ICT) environment is forcing companies to converge and offer ICT-blended solutions. This is creating a whole new market of connected living solutions and services." To understand the development and growth of the 'connected living' market Frost and Sullivan looks at the micro market level for the new products and services that are being taken up by consumers in the context of where we spend most of our time - at home, at work and out and about in the 'city'.

(c) 2014 Euclid Infotech Pvt. Ltd. Provided by SyndiGate Media Inc. (Syndigate.info).

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