![Global IoT market expected to reach $1.29 trillion by 2020 [Image: chombosan via iStock]](https://www.arrowcommunications.co.uk/wp-content/uploads/2017/01/14121625.jpg)
Global IoT market expected to reach $1.29 trillion by 2020
The international Internet of Things market is expected to grow at a compound annual growth rate of 15.6 per cent to reach $1.29 trillion (£1 trillion) by 2020.
The international Internet of Things market is expected to grow at a compound annual growth rate of 15.6 per cent to reach $1.29 trillion (£1 trillion) by 2020.
A report by Ofcom has found that SMEs spend an average of £1,400 per year on communications services.
Qualcomm has announced the launch of the Snapdragon 835 processor, which will offer more power and provide longer battery life to devices.
The Consumer Electronics Show (CES) 2017 has revealed that tech companies are focusing heavily on 5G.
Research has revealed that 71 per cent of businesses are gathering data for IoT initiatives but that security is still a concern.
The cloud will likely see increased adoption in 2017, with businesses embracing it for various reasons.
Samsung has upgraded its Galaxy A series, which will feature three new devices to be released this year.
With over 20 years in the business telecoms industry and an unrivalled reputation of delivering excellent, personal customer service, Arrow is one of very few companies in the UK able to provide a full telecoms, IT and energy consultancy and service proposition.