Sigfox’s rollout of low power wide area network infrastructure heralds a new phase in the development of Taiwan’s IOT ecosystem.

The News Lens
Date: m2017/12/29
By: Timothy Ferry

Few technological advances have gained the world’s attention like the Internet of Things

Photo Credit: oBike

(IoT), defined by global analytics firm IDC as “a network of uniquely identifiable “things” that communicate without human interaction using IP connectivity.” Some 13 billion connected devices are already in operation, used mostly in manufacturing, transportation, smart cities, and consumer applications, and IDC forecasts global annual growth of nearly 17 percent for IoT hardware, software, services, and connectivity. Another leading research firm, IHS, estimates that more than 30 billion devices will be connected by 2020, with the number rising to 75 billion by 2025.

Taiwan is betting big on leveraging its strengths in cost-effective, advanced manufacturing to grab a chunk of the global IoT market, calculated by IDC to currently stand at US$800 billion and rising to US$1.4 trillion by 2021. The Tsai administration has included the technological development of IoT-enabled devices under its “5+2” industrial development plan. The Asian Silicon Valley segment of the plan will focus on R&D into IoT, while the Smart Machinery segment will develop machine-to-machine communication in industrial processes.    [FULL  STORY]