The disruption that Covid-19 has brought about will trigger a boom in the market for Internet of Things, or connected, technologies, say industry executives and analysts. Sales are projected to fall in 2020 from last year. But post lockdown, demand for certain IoT solutions are expected to boost sales in both enterprise and consumer services segments.“The cellular-based IoT market, which has grown rapidly so far, is expected to have a YoY decline of around 4.4% by the end of CY2020,” said Apalak Ghosh, the industry manager for digital transformation practice at market research and analysis firm Frost & Sullivan. He, however, expects the market to start reviving from 2021 and post as much as 22% growth the following year.With health concerns taking the centre stage, restaurants may have to attest to food quality in real time, said Selvakumar Natesan, the lead IoT tech consultant at ThoughtWorks. That should create a market for portable food sample analysers that give instant reports.Automatic disinfectants as well as air quality and cleanliness indicators would be needed where groups of people will come together, like in hotels, gyms and movie halls.

Source: Economic Times June 01, 2020 02:44 UTC