Italian IoT market up 40% to EUR 2.8 bln in 2016 - study

Monday 24 April 2017 | 08:53 CET | News
The Italian Internet of Things market surged in value to EUR 2.8 billion in 2016, some 40 percent more than the previous year, reports Corriere delle Comunicazioni, citing a study by the School of Management at Milan Polytechnic. The market was led by the smart metering segment, with around 11 million units due to be installed by the end of 2018, followed by smart car solutions, thanks to the 7.5 million connected cars already in circulation, around a fifth of the country's total. These two sectors and that of security-related smart building applications account for over 70 percent of the IoT

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Categories: Mobile & Wireless
Countries: Italy
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