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WHICH IoT VERTICALS ARE RISING IN COMPETITIVE INTENSITY?

  • andrewpw64
  • May 26, 2023
  • 1 min read

Knowing what your competitors are planning is key to maintaining and growing market share. Currently many sectors are of comparable high importance, demonstrating that IoT CSPs have a significant and diverse presence in multiple verticals.


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But there is a clear change in focus looking to the future.


· Automotive manufacturing, as well as from non-automotive transportation, storage & logistics, and asset tracking are all rising in importance to IoT CSPs.


· In absolute terms, the top three most important sectors for CSPs in the next 12 to 24 months will be storage and logistics, utilities, and healthcare.


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