IOT DEVICES MARKET ANALYSIS
Global IoT Devices Market: Key Developments
In October 2021, Siemens Smart Infrastructure announced the acquisition of Wattsense, a French startup that focuses on offering novel, plug-and-play IoT management systems for all medium and small-size buildings. With this acquisition, the building product portfolio of Siemens is likely to expand.
In January 2023, Intel launched the Intel Core mobile processor, 13th Gen. This new advancement of Intel is powered by its hybrid architecture.
In April 2022, Samsung entered into collaboration with ABB for enhancing SmartThings, the smart device hub of Samsung, in order to provide support to more commercial and residential devise. With the collaboration with other firms, the SmartThings by Samsung has become a one-stop shop to monitor connected devices.
In December 2022, Aeris Communications, a U.S.-based provider of IoT solutions, and Ericsson formed an agreement for obtaining the Connected Vehicle Cloud businesses as well as Ericsson’s IoT Accelerator.
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