The Qatar Internet of Things (IoT) Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Qatar Internet of Things (IoT) Market is expected to register a CAGR of 32.65% over the forecast period from 2021 to 2025.
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Top Leading Companies of Qatar Internet of Things (IoT) Market are Labeeb IoT (Qatar Mobility Innovations Center), Ooredoo Q.P.S.C., Vodafone Qatar P.Q.S.C., Cisco Systems Inc. and others.
Industry News and Updates:
– February 2020 – Ooredoo announced a new IoT initiative in Qatar, an industrial metering solution. Using IoT will help Qatar’s organizations to understand which departments or sections are consuming the most water and energy and thereby pinpoint ways to start saving on their consumption costs. The application, built on Ooredoo’s IoT Platform, provides a graphical dashboard with real-time analytics, granular reporting with historical data for benchmarking and alerts on critical events.
– January 2020 – Cisco announced a comprehensive Industrial IoT cybersecurity architecture to enable Information Technology (I.T.) and Operational Technology (O.T.) to protect their operational environments with four key capabilities: policy definition, identification, enforcement of the policy, and monitor ongoing operation of the entire system. Cisco Cyber Vision is one of the first software-based IIoT security solutions embedded in the Cisco industrial networking portfolio.
Key Market Trends:
Communication/Connectivity is Expected to Hold Significant Share
– The 5G era is expected to reshape current wireless communication methods used for IoT-based applications. IoT cannot succeed without adequate and affordable wireless connectivity, interoperability, and common standards. 5G has enormous potential to significantly impact how IoT ecosystems are designed, specifically in the areas of reliability, scalability, latency, security, and the level of individual control on connectivity parameters. Cellular IoT deployments in the region are accelerating across the connected cars, utilities, and transportation industries, and with 5G on the horizon, IoT adoption is likely to grow even faster. Network providers across Qatar are increasingly offering 5G connectivity, along with 5G-enabled devices.
Transportation and Logistics is Expected to Hold Significant Share
– As Qatar transportation infrastructure grows, an increase in traffic-related problems such as traffic congestion, safety, and pollution becomes inevitable. This will necessitate the implementation of sensory infrastructure to collect data about traffic conditions and make the appropriate changes. Application of traffic sensors to monitor traffic conditions and trends and collect actionable data could curb the amount of congestion and foster a safer and more active travel experience, which could significantly reduce the amount of time that the Qatari population spends stuck in traffic during their daily commutes. Other use cases of IoT include connected Transport Network, the road to vehicle communication, and public transportation social listening.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Qatar Internet of Things (IoT) Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
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