IoTThe Internet of Things (IoT) has been called the next Industrial Revolution — it will impact the way all businesses, governments, and consumers interact with the physical world.Nearly $6 trillion will be spent on IoT solutions over the next five years.


IoT is gathering pace through smart city initiatives at the heart of the region. IoT-based services will be delivered in 2016 with the rise in IAM and cloud security gaining traction to fulfill smart city promises.

Smart grid is growing at a faster rate in the region. Non-smart field devices of electric utility are used to control and optimize power flow to ensure efficient, safe, and reliable service. 

  • 7,401 visitors came from 90 countries to source IoT products at GITEX Technology Week
  • 2,516 buyers looking for IoT have direct purchasing responsibility
  • 6,364 of visitors were sourcing new suppliers and researching new products for their business.
  • 3,818 of these had a budget in excess of $100,000 

IoT (Internet of Things) Facts & Figures

Related News