IoT in the data economy 25 November 22 Elena Scaramuzzi

This Global Trends benchmark analyses policies and regulation aimed at promoting innovation and building trust in the use of the internet of things (IoT) by industry, the public sector and consumers.

The benchmark covers 13 jurisdictions around the world: Australia, Brazil, China, the European Union (EU), India, Japan, Korea, Rwanda, Singapore, South Africa, the United Arab Emirates (UAE), the United Kingdom (UK), and the United States (US).

Main findings:

  • Although government approaches and priorities vary across the 13 jurisdictions covered in this research, all aim to leverage IoT to make their respective economies and societies ‘smarter’.
  • All jurisdictions have supported IoT development in one way or another. Besides, most countries recently updated their privacy and cybersecurity policies and regulations to increase IoT product security and user protection.
  • Some jurisdictions revised data sharing and re-use policies by governments, consumers and businesses to promote innovation and growth in the IoT data economy.
  • Targets for large-scale industrial IoT deployments are observed only in some of the countries and sectors covered. However, all jurisdictions showcase government-sponsored IoT projects and initiatives across different verticals.

Key findings and details on each of the jurisdictions covered can be found in this benchmark, updated as of November 2022.

For more information and to access the full benchmark, please click on “Access the full content” - or on “Request Access”, in case you are not subscribed to the Global Trends service.

   

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