Latest global trends in Internet of things (IoT) in the data economy 15 January 24 Andre Moura Gomes

This latest Global Trends research analyses policies and regulations related to IoT from three main perspectives.

  • Government perspective: the first section of the benchmark looks at whether governments have adopted strategies and policies for IoT network deployments and take-up by industry, consumers, and the public sector.
  • Consumer IoT: the take-up of IoT-based products and services depends on the level of understanding and trust consumers have in this technology. The second section of the benchmark analyses IoT-related privacy, security and liability frameworks in each of the jurisdictions covered.
  • Industrial IoT: the third section of the benchmark looks at industrial sectors where IoT growth perspectives are usually more prominent. The verticals analysed for each jurisdiction are agriculture, automotive, healthcare, smart cities, and utilities such as energy and water.

The Global Trends benchmark on IoT in the data economy covers 12 jurisdictions: Australia, Brazil, China, the European Union, India, Japan, Korea, Rwanda, Singapore, South Africa, the United Kingdom, and the United States.

According to the research:

  • Although approaches and priorities vary, all governments covered in this research aim to leverage IoT to make their respective economies and societies ‘smarter’.
  • Several government policies and voluntary initiatives in recent years addressed privacy concerns bound to the widespread use of consumer IoT services and devices.
  • Most jurisdictions recently revised their cybersecurity policies and regulations or proposed new requirements to increase IoT product security and user protection.

Other key findings are accessible in our full global research on IoT. Please click on “Access the full content” to view the benchmark - or on “Request Access”, in case you are not subscribed to our Global Trends service.


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