The degree of mechanization in agriculture is going up rapidly. At the turn of the century, none of the 525 million farms across the world had sensor technology (or, for that matter, IoT in any other form). Cut to 2025, and we will witness more than 620 million sensors being used (considering the same benchmark of 525 farms). The growth and proliferation of agricultural internet of things (Agro-IoT) is expected to pick up even more pace from then on – with ~2 billion smart agro-sensors expected to be in active use by 2050. Between 2017 and 2022, the agricultural IoT market is set to expand at a mighty impressive CAGR of around 16%-17%. In what follows, we will put the spotlight on the role of IoT in agriculture and analyze how smart technology is helping the sector.

Romit Atta
API Development and Mobile - Account Manager
at Teknowledge Mobile Studio

In 2006, there were 6.6 billion people in the world. Cut to 2050, and this global population figure will move beyond the 9.5 billion mark. A United Nations FAO (Food and Agriculture Organization) report predicted that the overall volume of food production worldwide will have to increase by nearly 70% in 2050 – in comparison with 2006 – to keep up with (read: feed) the rapidly swelling global population. The need of the hour is to consistently increase agricultural productivity levels – and the importance of ‘smart agriculture‘ comes into focus here.

Romit Atta
API Development and Mobile - Account Manager
at Teknowledge Mobile Studio

Going by a recent BI Intelligence report, there will be close to 35 billion ‘connected devices’ in active use by the end of this decade – with business being the biggest sector to use this technology. However, in the rush to come up with new and innovative IoT tools, platforms and gateways – the importance of ensuring proper security standards is often relegated to the background. In 2016, the number of ransomware attacks increased by an alarming 36% (YoY) – with as many as 17 million samples of new malware being detected in the third quarter of the year alone.

Romit Atta
API Development and Mobile - Account Manager
at Teknowledge Mobile Studio

We are moving towards a more ‘connected world’ – there are no two ways about it. Interest in the ‘Internet of Things’ (more like the ‘Internet of Everything’!) is at an all-time high – and it is not limited to only home automation and connected/autonomous cars either. According to a recent McKinsey report, the overall value of the smart cities industry will touch the $400 billion mark by the end of this decade, driven by steadily increasing mass adaptation of IoT practices. The importance of LoRa technology – often dubbed as the next generation wireless standard for IoT deployment – comes into the picture here. In what follows, we will take a look at the latest trends with LoRa & IoT, and how the technology is expected to grow in the foreseeable future.

Romit Atta
API Development and Mobile - Account Manager
at Teknowledge Mobile Studio

The popularity of LoRaWAN among telecom operators across the globe is increasing at a rapid clip. By the end of 2016, the LoRa IoT protocol had been implemented in more than 50 countries (including private and public networks). The recent trends have led industry experts to forecast that around 61% of the 50+ billion IoT-enabled devices (i.e., connected devices) will be powered by the LoRa technology in 2021. In what follows, we will take a closer look at the factors that make this LPWAN protocol advantageous for telecom operators worldwide.

Romit Atta
API Development and Mobile - Account Manager
at Teknowledge Mobile Studio