Expert: RussiaТs IoT/M2M market to grow to 90 bln rbl by 2022 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Expert: RussiaТs IoT/M2M market to grow to 90 bln rbl by 2022

MOSCOW, Jan 10 (PRIME) -- The Russian market of the Internet of Things (IoT) and machine-to-machine (M2M) communications will increase to almost 90 billion rubles by 2022 from more than 60 billion rubles in 2017, JТson & Partners Consulting said in a research seen by PRIME on Wednesday.

УThe share of data transfer services and proprietary hardware and software complexes will fall from more than 70% at present to 40%, and the share of cloud services will spike by almost five times,Ф the researcher said.

Under IoT/M2M, JТson & Partners Consulting understands distributed systems of telemetering and remote supervision, which get the data generated and carried automatically by telemetering devices of IoT/M2M without or with minimum involvement of a human.

The country does not have a unified IoT/M2M market, and there are different scattered segments, which can be referred to as IoT/M2M, with the main ones being the market of systems and services of transport monitoring, including smart insurance, the market of remote surveillance, and the market of payment systems.

The base of installed IoT/M2M devices counted 15.9 million as of the end of 2017, JТson & Partners Consulting said.

(57.0463 rubles Ц U.S. $1)

End

10.01.2018 10:32
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 71.9232 -0.3208 20 apr
USD 63.9602 -0.1086 20 apr
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1260.82 -0.12 18:50 19 apr
micex 2563.90 +0.12 18:50 19 apr
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 162.57 +0.48 18:49 19 apr
lkoh 5602.00 -0.14 18:48 19 apr
rosn 432.00 -0.84 18:49 19 apr
sber 232.60 -0.08 18:49 19 apr
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 71.9125 -0.2875 14:59 19 apr
USDTD 64.0125 +0.0400 17:44 19 apr