Sean Milmo, European Editor09.09.20
The Internet of Things (IoT) will provide big opportunities for developers and operators of printed flexible electronics in sectors, with estimates of total demand being worth over $10 trillion worldwide by 2025.
But it also poses massive technological challenges in Europe, particularly for the region’s state-funded technology development institutes. They are at the forefront of efforts to transfer advances like IoT from the R&D stages in academia and start-ups to SMEs whose support is crucial to the widespread application of IoT.
For technology developers, the main issues with IoT include costs, reliability, security, standards, interoperability and lack of clear business objectives behind its application.
The driving force behind the expected rapid growth in IoT – predicted to be well into double-digit annual percentage figures in Europe over the next several years – will be the building of 5G mobile phone networks. These will
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