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IoT - Internet of Things

How to Profit From the IoT (Internet of Things) Revolution

Nastel Technologies®
April 21, 2022

The IoT (Internet of Things) market is growing rapidly with increasing adoption of smart infrastructure to improve efficiency and countries initiating smart city projects. Today I’ll analyze Cisco Systems (CSCO), Zebra Technologies (ZBRA), and TE Connectivity (TEL), which are well-poised to benefit from this revolution.

 

The Internet of Things (IoT) refers to connecting devices to the internet. In this digital era, the IoT market is expanding rapidly with its growing usage in devices ranging from ordinary household items to sophisticated industrial tools. Definitively, any device that is standalone and can be connected to the internet for monitoring or controlling from a remote location is an IoT device.

 

IoT is an umbrella term for things connected to the internet. It can be classified into a few broad categories: Consumer IoT, Commercial IoT, Military Things (IoMT), Industrial IoT (IIoT), and Infrastructure IoT.

 

Since IoT adoption does not seem likely to slow down anytime soon, I am going to discuss how investors could profit on the industry’s growth prospects. Moreover, let’s see why prominent companies with exposure to the IoT market, Cisco Systems, Inc. (CSCO), Zebra Technologies Corporation (ZBRA), and TE Connectivity Ltd. (TEL), are currently smart investments.

 

The IoT Revolution

With a range of usages in healthcare, utilities, manufacturing, real estate, logistics, the public sector, and retail, the IoT industry is expected to grow. It is predicted that there will be more than 64 billion installed IoT devices worldwide by 2026.

 

Due to the COVID-19 pandemic, the global IoT market faced supply chain issues and slow demand. The market was valued at $384.70 billion last year. However, given the continued adoption of IoT devices, the market is expected to grow from $478.36 billion in 2022 to $2.46 trillion by 2029, registering a CAGR of 26.4%.

 

Moreover, smart city development is expected to gain traction with increasing urbanization, leading to greater technology adoption. Smart cities use IoT devices to collect and analyze data, which is then used to improve infrastructure and public services. Europe has been a leader in this initiative. On the other hand, the $1 trillion bipartisan infrastructure bill offers U.S. municipalities technological funding, including a grant program to create smart cities.

 

Though better security measures might be needed in the industry, the technology is expected to continue supporting various industries. Overall, the future of the IoT market looks bright.

 

Performance of Major Industry Participants

The tech behemoth Microsoft Corporation (MSFT) is capitalizing on the IoT market through its Azure IoT platform. With a market capitalization of $2.10 trillion, MSFT has gained 7.6% over the past year to close yesterday’s trading session at $280.52, outperforming the S&P 500’s 4.9% returns over the same period. Another notable name in the industry is Intel Corporation (INTC). With a market capitalization of $190.70 billion, the company makes semiconductor chips, supporting enterprises to drive high capability and value in their IoT operations. Over the past five days, INTC’s stock has gained marginally to close yesterday’s trading session at $46.64.

 

This article originally appeared on entrepreneur.com, to read the full article, click here.

Nastel Technologies is the global leader in Integration Infrastructure Management (i2M). It helps companies achieve flawless delivery of digital services powered by integration infrastructure by delivering tools for Middleware Management, Monitoring, Tracking, and Analytics to detect anomalies, accelerate decisions, and enable customers to constantly innovate, to answer business-centric questions, and provide actionable guidance for decision-makers. It is particularly focused on IBM MQ, Apache Kafka, Solace, TIBCO EMS, ACE/IIB and also supports RabbitMQ, ActiveMQ, Blockchain, IOT, DataPower, MFT, IBM Cloud Pak for Integration and many more.

 

The Nastel i2M Platform provides:

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