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The Colombian Industrial Internet of Things (IoT) market revenue is expected to increase from $168.3 million in 2016 to $523.7 million by 2022, at a compound annual growth rate of 20.8%NEW YORK, Feb. 15, 2018 /PRNewswire/ -- Read the full report: https://www.reportlinker.com/p05336311 The Colombian Industrial Internet of Things (IoT) market revenue is expected to increase from $168.3 million in 2016 to $523.7 million by 2022, at a compound annual growth rate of 20.8%. Some of the main drivers for IoT growth are the migration from IPv4 to IPv6 and from 4G/LTE to 5G to provide future addresses and bandwidth for IoT. 5G will increase network capacity nearly tenfold, with data speeds greater than 1 Gbps and near-zero latency; while IPv6, the latest Internet protocol, can assign 100 unique IP addresses to every atom on the surface of the earth. The Colombian industrial IoT market ecosystem comprises vendors, integrators, and service providers offering IoT wireless or fixed two-way communication technologies. Key Issues Addressed • Is the market growing, how long will it continue to grow, and at what rate? • Which are the key verticals in this market? Which will grow the fastest by 2022? • How will the revenue shares of the hardware, software, services, and connectivity segments change? • In what stage are organizations in Latin America in evaluating or deploying IoT solutions? • What are Latin American organizations' top 3 concerns in regard to IoT? • What are the top 3 drivers for IoT investments? Read the full report: https://www.reportlinker.com/p05336311 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker |