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Outlook on the Consumer, Enterprise, and Industrial IoT Devices Connected Device Global Market to 2028 – IoT Connected Devices in the Government Sector Will Reach $52.4 Billion by 2028



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Dublin, Feb. 02, 2023 (GLOBE NEWSWIRE) — The “Connected Device Market for Consumer, Enterprise, and Industrial IoT Devices by Use Case, Device Type, Applications, and Industry Verticals 2023 – 2028” report has been added to’s offering.

This report assesses the connected device market segment including consumer, enterprise, and industrial devices with associated connected device market sizing from 2023 to 2028.

It evaluates applications and solutions in each market segment for major industry verticals including agriculture, advertising and media, automobiles, energy management, healthcare, manufacturing, oil & gas, public safety, and telecommunications.

Select Report Findings:

  • The global market for IoT connected devices in the government sector will reach $52.4 billion by 2028
  • The global market for devices in support of energy management (air conditioners, temperature controllers, smart lighting, smart windows, etc.) will reach $8.9 billion 2028
  • The global market for consumer appliances (TV, refrigerators, washing machines, dishwashers, microwaves, cooking appliances, coffee machines, etc.) will reach $4.1 billion by 2028
  • The global market for devices in support of government security and monitoring equipment (CCTV, cameras, etc.) and structural health monitoring devices will reach $8.1 billion by 2028
  • The global market for devices in support of hospital equipment (mobile furniture, Monitoring and diagnostic equipment, surgical tools, pathology and laboratory equipment, ambulance, etc.) will reach $5.2 billion by 2028

The number, type, and purpose of connected devices is rapidly expanding as the IoT evolves beyond the current state of limited applications, many of which remain isolated and purpose-built for a given use case, industry verticals, and companies.

Some of these applications will be enhanced through communication with a smart device, which is a connected device that benefits embedded intelligence. In contrast, an IoT Device need not be smart, and in fact, many are relatively unintelligent devices that are typically single-purpose and rely upon intelligence to be provided elsewhere for data processing, analytics, analysis, and dispersal of actionable information, typically via a cloud services model.

It is important to note that cloud services may be either centralized or distributed via Multi-access Edge Computing (MEC) infrastructure. MEC will also facilitate an entirely new class of low-power devices that rely upon MEC equipment for processing. Stated differently, some IoT devices will be very light-weight computationally speaking, relying upon edge computing nodes for most of their computation needs. However, AIoT is a dominant trend that the publisher of this report sees supporting connected devices via both distributed and centralized AI support for devices.

As AIoT causes networks and systems to become increasingly more cognitive in nature, connected devices that previously acted in a purely deterministic manner will leverage AI for decision-making, which may occur locally via edge computing and/or centrally via core cloud computing. As part of this evolution, devices will also increasingly engage in peer-to-peer communications including signaling and data exchange. This will create both an opportunity and a challenge connected device management as they will need to rely upon the AI-based cybersecurity solutions involving trust management.

Continued 5G standardization is anticipated to provide marked improvements for the connected device market. For example, there are provisions for hybrid devices that have 5G IoT market needs that range between mMTC and eMBB and URLLC. For example, some devices will require relatively high availability and latency, but not to the degree of some critical applications that require full URLLC.

Some of these same hybrid capability devices will also require some eMBB type functionality, such as relatively high reliability and latency for video. for example, the wearable technology market will have some devices in this category as some wearables will require relatively high bandwidth and battery life. In general, hybrid connected devices will be characterized as being more complex than mMTC devices, but less complex than eMBB or URLLC devices.

Introduction of these reduced-capability devices into the connected device market will have an impact on network operations including device identification, authentication and authorization as networks must ensure that these devices are only used for the intended use cases. This is because these hybrid-connected devices will have reduced capabilities such as fewer antennas, reduced control-channel monitoring, and other factors that may affect the QoS/QoE for various use cases.

Accordingly, IoT authorization and authentication procedures will adjust to these changing requirements as some use cases will be prohibitive for reduced-capability devices, but on the other hand, these same hybrid devices will be able to perform any function a typical mMTC device can do and more.

Key Topics Covered:

1.0 Executive Summary

2.0 Introduction

3.0 Smart and Connected IoT Device Ecosystem
3.1 Connected IoT Device Systems
3.2 Consumer IoT Connected Devices
3.2.1 Enterprise IoT Connected Devices
3.2.2 Industrial IoT Connected Devices
3.2.3 IoT Software and Connected Applications
3.3 IoT Device Management Technology and Solutions
3.4 IoT Interoperability and Enabling Technology
3.5 Cloud Deployment and Open Architecture Model
3.6 Connected IoT Device Supply Chain
3.7 Business Models and Strategies
3.8 Machine Learning and other AI Solutions
3.9 Smart Workplace and Automation Systems
3.10 5G, MEC, and Connected IoT Applications

4.0 Smart and Connected Device Technology Enablers
4.1 Artificial Intelligence
4.2 Broadband Wireless
4.3 Computing (Centralized and Edge)
4.4 Data Analytics
4.5 IoT Convergence

5.0 Smart and Connected IoT Device Market Drivers
5.1 Consumer
5.1.1 Localized Intelligence
5.1.2 Autonomous Operation
5.2 Enterprise
5.2.1 Smart Workplace
5.2.2 Smart Products
5.2.3 Business Automation
5.3 Industrial
5.3.1 Industrial Evolution
5.3.2 Industrial Convergence

6.0 Global Markets for Connected Devices 2023 – 2028
6.1 Connected Devices by IoT in Consumer, Enterprise, Industrial and Government Segments
6.2 Connected Devices by Region 2023 – 2028

7.0 Market for Connected Devices in Consumer IoT 2023 – 2028
7.1 Global Market for Connected Devices in Consumer IoT 2023 – 2028
7.2 Regional Markets for Connected Devices in Consumer IoT 2023 – 2028

8.0 Market for Connected Devices in Enterprise IoT 2023 – 2028
8.1 Global Market for Connected Devices in Enterprise IoT 2023 – 2028
8.2 Regional Markets for Connected Devices in Enterprise IoT 2023 – 2028

9.0 Market for Connected Devices in Industrial IoT 2023 – 2028
9.1 Global Market for Connected Devices in Industrial IoT 2023 – 2028
9.2 Regional Markets for Connected Devices in Industrial IoT 2023 – 2028

10.0 Market for Connected Devices in Government IoT 2023 – 2028
10.1 Global Market for Connected Devices in Government IoT 2023 – 2028
10.2 Regional Markets for Connected Devices in Government IoT 2023 – 2028

11.0 Company Analysis
11.1 Select Strategies Initiatives
11.2 IBM Corporation
11.3 Google Inc.
11.4 Apple Inc.
11.5 Microsoft Corporation
11.6 General Electric
11.7 ABB Ltd.
11.8 LG Electronics
11.9 Koninklijke Philips N.V
11.10 Hewlett Packard Enterprise
11.11 Samsung Electronics Co Ltd.
11.12 Honeywell International Inc.
11.13 Sony Corporation
11.14 HTC Corporation
11.15 Vuzix Corporation
11.16 Schneider Electric
11.17 Siemens AG
11.18 Whirlpool Corporation
11.19 AB Electrolux
11.20 Oracle Corporation
11.21 Advantech Co. Ltd
11.22 PTC Corporation
11.23 Telit Communications PLC
11.24 Wind River Systems Inc.
11.25 Cumulocity GmBH (Software AG)
11.26 Amplia Soluciones SL
11.27 Nokia Corporation
11.28 Dell Technologies Inc.
11.29 ARM Limited (NVidia)
11.30 Aeris Communication Inc.
11.31 Smith Micro Software Inc.
11.32 Xively (Google)
11.33 Motorola Inc.
11.34 Lenovo Group Ltd.
11.35 Technicolor

12.0 Future of Smart and Connected Devices
12.1 Ubiquitous Distribution and Presence
12.2 Localized Intelligence and Computing
12.3 Autonomous Decision-Making and Actions
12.3.1 Consumer Market
12.3.2 Enterprise Market
12.3.3 Industrial Market

13.0 Conclusions and Recommendations

For more information about this report visit

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Savory & Partners: Digital Nomad Visas Sparking a Migration Boom




DUBAI, UAE, Dec. 9, 2023 /PRNewswire/ — The simplicity and lax requirements of digital nomad visas have made them easily accessible, and countries like Portugal and Spain, which have excellent infrastructure, great internet connection, and an outstanding standard of living, draw in more digital nomads by the day, according to experts at Dubai-headquartered citizenship and residency by investment advisors Savory and Partners.

A recent research quoted by the company estimates that there are 16.9 million digital nomads roaming the globe. This is a whopping 162% increase from 2019, just four years earlier.
As soon as Portugal introduced its digital nomad visa in October of 2022, the applications started pouring in. While the government hasn’t announced the number of applications it has received, Portugal’s Labour Minister did announce that the country approved 550 applications within the first six months.
Two months after launching its visa in September of 2021, Greece received 2,918 applications, approving an astonishing 1,693 applicants. The government is yet to release any new statistics, but going off that outstanding start it is safe to assume it is still garnering massive attention.
Germany also boasts impressive numbers, having issued a total of 3,638 visas in just one year since the introduction of its visa in 2018.
According to Residency Malta, the government branch responsible for the digital nomad visa, it has issued 1,041 visas to date, with an average approval rate of 78%.
Croatia, one of the first countries to introduce a pure digital nomad visa in early 2021 as a response to the rise in remote workers, has approved 680 applications, while 672 are still pending approval.
Not just Europe
“It’s not just Europe but even Barbados’ digital nomad visa, dubbed the Welcome Stamp, has been doing outstandingly well, receiving a total of 3,511 applications between 2020 and 2022”, a digital nomad specialist at Savory & Partners reports.
While digital nomads typically use visa-free access or visas to stay in countries for a few months at a time before moving on to the next, digital nomad visas provide a sense of comfort and stability that aligns perfectly with their lifestyle, giving them ample time to enjoy the country they are in before moving on to the next.
Unsurprising demand
The rapid growth in application numbers and the surging demand for digital nomad visas isn’t surprising. They are extremely simple to apply to, have fast processing times ranging from a few days to a couple of months, and they do not require any business establishment or investment.
Portugal’s digital nomad visa, for example, only requires applicants to prove a monthly income of €3,040 per month, while Spain’s visa has a lower threshold of just €2,160 per month.
Savory & Partners is an accredited agent for multiple governments where citizenship by investment is offered. The company has coverage in over 20 jurisdictions, including Europe and was the first firm to obtain all five authorised agent licenses for the governments of the Caribbean Islands. It has processed second passports for over 4,000 citizens with a 100 per cent success rate.
With a presence in 3 continents and 7 countries and more than 60 experts worldwide, the company’s multinational staff comprises advisors who guide clients in English, Arabic, Farsi, French, Spanish and Hindi.
To know more about Savory & Partners, visit
For more information, please send an email to [email protected] can also call +971 04 430 1717 or send a WhatsApp message to +971 54 440 2955.
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Robotic Lawn Mower Market to Reach $2.4 Billion, by 2032 at 10.9% CAGR: Allied Market Research




The increasing demand for smart appliances for garden maintenance by global consumers, along with the development of IOT enabled features is fueling the growth of the robotic lawn mower market.
WILMINGTON, Del., Dec. 8, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Robotic Lawn Mower Market by Range (Low-Range Robotic Lawn Mower, Medium-Range Robotic Lawn Mower, and High-Range Robotic Lawn Mower), End User (Residential User and Commercial User), and Distribution Channel (Retail and Online): Opportunity Analysis and Industry Forecast, 2023-2032”. According to the report, the global robotic lawn mower market size was valued at $838.5 million in 2022, and is projected to reach $2.4 billion by 2032, growing at a CAGR of 10.9% from 2023 to 2032.

Request Sample Copy of Report: 
Prime determinants of growth
The robotic lawn mower market is driven by factors such as increase in demand for automation, rise in advancements for technology, and increase in popularity of online platforms. However, the rise in regular maintenance and repair costs restricts market growth. Moreover, the increase in demand for rental robotic lawn mowers offers new opportunities in the coming years.
Report coverage & details:
Report Coverage
Forecast Period
Base Year
Market Size in 2022
$838.5 million
Market Size in 2032
$2.4 billion
10.9 %
No. of Pages in Report
Segments covered
Range, End User, Distribution Channel, and Region
Increase in demand for automation
Rise in advancements for technology
Reduction in the labor costs
Increase in demand for rental robotic lawn mowers
Growth in the adoption of internet of things
Declining Cost of Batteries/Fuel Cells
Less adoption in developing markets
Regular maintenance and repair costs
Procure Complete Report (250 Pages PDF with Insights, Charts, Tables, and Figures): 
The medium range robotic lawn mower segment to maintain its leadership status throughout the forecast period
Based on range, the medium range robotic lawn mower segment dominated the market in 2022 accounting for more than half of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.4% from 2023 to 2032, owing to the increase in residential and commercial spaces such as buildings, corporate spaces, sports centers, and public parks, which has fueled the requirement for medium range robotic lawn mowers.
The residential segment to maintain its leadership status throughout the forecast period
Based on end user, the residential segment dominated the market in 2022 accounting for less than three-fourths of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.7% from 2023 to 2032, owing to the increase in the demand for low and medium range robotic lawn mowers in the residential sector due to the increased requirement for lawn care and maintenance.
The retail segment to maintain its lead position during the forecast period
On the basis of the distribution channel, the retail segment dominated the market in 2022 accounting for less than half of the market share and is expected to maintain its dominance during the forecast period. The increased demand for ecologically friendly and sustainable robotic lawn mowers, which is being driven by the rising awareness of environmental challenges, is one of the main factors boosting retail sales.
Europe to maintain its dominance by 2032
Based on region, Europe held the highest market share in terms of revenue in 2022, accounting for less than two-fifths of the market share and is expected to maintain its dominance during the forecast period. The growing popularity in artificial intelligence for performing day-to-day activities with higher efficiency is among the primary factors driving the Europe robotic lawn mower market.
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Leading Market Players: –
Robert Bosch GmbHHusqvarna ABHonda Motor Co., Ltd.Zucchetti Centro Sistemi S.p.A.Stiga C S.a.r.l.Andreas Holding AG & Co. KGPositec Tool CorporationWiper S.R.L.Suzhou Cleva Electric Appliance Co., Ltd.Stanley Black & Decker, Inc.The report provides a detailed analysis of these key players in the robotic lawn mower market. These players have adopted different strategies such as acquisition, partnerships, and new product launches to increase their market share and maintain dominant shares in the market. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Read More Trending “AMR Exclusive Insights:
Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2023-2032Canada Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Mexico Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Europe Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032France Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Germany Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa1209 Orange Street,Corporation Trust Center,Wilmington, New Castle,Delaware 19801 USA.USA/Canada (Toll Free):+1-800-792-5285UK: +44-845-528-1300Hong Kong: +852-301-84916India (Pune): +91-20-66346060Fax: [email protected]: www.alliedmarketresearch.comAllied Market Research Blog:

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HH Global discloses environmental impact through CDP




LONDON, Dec. 8, 2023 /PRNewswire/ — HH Global has furthered its commitment to environmental transparency by completing a full assessment of the carbon footprint of our business for the fourth year in a row and disclosing our impact through CDP, the world’s leading environmental disclosure platform. 

With a record +23,000 companies disclosing through CDP in 2023, HH Global’s data will be added to the most comprehensive inventory of self-reported environmental data in the world – helping to drive action through greater transparency. 
CDP is a global non-profit that runs the disclosure platform for companies, cities, states and regions. CDP pioneered using capital markets and corporate procurement to motivate companies to report on their environmental impacts – and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Their aim is to see a thriving economy that works for both people and planet in the long term.  
Kevin Dunckley, Chief Sustainability Officer at HH Global commented:”HH Global is proud to have disclosed our environmental data through CDP for the fourth successive year. Tracking progress on reducing emissions is essential if we are to secure a 1.5°C world. Commitment to meaningful and measurable environmental action is more critical than ever and reporting where we are, our goals for a sustainable future and how we are getting there is vital.”  
Sherry Madera, Chief Executive Officer at CDP said:
“With over 23,000 businesses disclosing through CDP this year, it is clear that sustainability – and the data that underpins it – is not a ‘nice to have’, but an essential part of long-term success in the business community that is showing no sign of slowing down – nor should it.
“Disclosure works, and today we should take a short pause to celebrate the dedication to transparency and accountability shown by HH Global reporting through CDP this year.
“A 1.5-degree future is still possible if the global community works in lockstep to get there.
“By sharing their environmental data with CDP, HH Global is continuing an environmental journey that will contribute to keeping that future in sight.”
The full list of companies disclosing through CDP can be accessed here: 
About HH Global
HH Global is a tech-enabled, creative production and procurement partner that delivers big impact for big ideas across the globe. With +4,500 experts in every market and a thirty-year track record of success, we help the biggest brands on the planet achieve stronger, more sustainable growth. Across every channel. At the speed of modern business. With an unmatched supply chain, a growing suite of tech tools and data insights—we make our clients’ brilliant ideas unmissable everywhere.
About CDP
CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 740 financial institutions with over $137 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Over 25,000 organizations around the world disclosed data through CDP in 2023, with more than 23,000 companies – including listed companies worth two thirds global market capitalization – and over 1,100 cities, states and regions.
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