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14 billion
connected devices
2019
Global Software &
Hardware Spending
around IoT
$726 bn
• IoT can be used in different space settings:
locations and how they’re used. Mining, oil and gas, construction-
operating efficiencies, predictive
maintenance, health & safety
• The value of IoT in smart spaces comes from
being able to rapidly analyse all of the data
Public spaces and infrastructure in
generated by the connected devices to make urban settings-
more informed decisions that help us reduce adaptive traffic control, smart
meters, environmental monitoring,
cost, uncertainty, and risk. resource management
Relevance of Smart Spaces in the
context of Omni-channel Retail
● The USA is the No.1 country for the smart home, according to Statista's estimates, with 40.3 million
smart homes in 2018
● Less than 1% of total homes in India were smart in 2018. That's around 2.2 million connected
homes.
Examples of smart home technologies
1. Smart TVs
2. Smart lighting systems
3. Smart thermostats
4. Smart locks
5. Smart security cameras
6. Automated pet care
7. Smart household monitors
8. Smart kitchen appliances
Smart factories
Smart Factory is based are cyber-physical systems that communicate with each other using the Internet
of Things and Services. An important part of this process is the exchange of data between the product
and the production line. This enables a much more efficient connection of the Supply Chain and better
organisation within any production environment.
● China, Germany, and Japan are the top three countries in smart factory adoption, closely followed
by South Korea, the United States, and France.
● Nearly 70% of manufacturers are pursuing smart factory initiatives today, a significant increase
since 2017.
Examples of smart factories
● German businesswear maker Hugo Boss has over 1,600 tablets in
its smart factory that are used on the shop floor to raise a read flag
for every error.
Consumer
Future
Of
Smart Spaces