Farnell launches fourth global IoT survey

2 min read

Farnell has launched its fourth global IoT Survey which looks to provide an opportunity for Internet of Things (IoT) and Industrial IoT product designers and system engineers to share insights about the market.

These insights generated will be used to help shape the product range and technical resources offered by Farnell to support this evolving technology.

The survey is open from 10 January to 18 March 2022 and the results will be announced in the Spring. Participants in the survey (from eligible countries) can also enter a competition with the opportunity to win:

  • An Apple iPAD 10.2 inch
  • A £250 Amazon gift card (or local currency equivalent)
  • A £50 Amazon gift card (or local currency equivalent)

The Farnell 2022 annual IoT survey is open to engineers working on IoT solutions and this year’s questions have been designed to provide a deep dive into the IoT industry and responses will provide greater understanding of the technologies, challenges, and opportunities designers of IoT solutions face.

The results will show how the IoT industry is changing year-on-year, revealing the full range of potential applications and market trends. It will also look to better understand the impact COVID-19 continues to have on IoT developments.

During 2020-21, the pandemic continued to impact the IoT industry, leading to rapid growth in the development of new medical diagnosis and automated test systems as well as medical equipment with improved connectivity. Industrial systems have also been adversely impacted by the global shortages of key manufacturing components and supply chain issues.

Key results from the 2021 survey revealed the growing role of IoT for industrial automation and control applications essential to the delivery of Industry 4.0.

The top three industry segments leading the way in IoT applications included industrial automation and control (25%), home automation (18%) and artificial intelligence (12%). Despite industrial automation and control being deemed a key market for IoT, there was recognition that Industry 4.0 adoption remained slow, primarily due to concerns over security (32%) and lack of business strategy (30%) hindering the adoption and integration of smart manufacturing solutions.

Security continued to be the most important aspect for developers to consider (29%) when developing their design, and it is also their primary concern (36%), followed by connectivity and interoperability. Interoperability and certification to standards were also identified as key to accelerating the benefits of IoT in both the 2019 and 2020 surveys.

Farnell’s research also suggests that opportunities within the IoT will continue to grow in key application areas such as smart home, industry and government.

Cliff Ortmeyer, Global Head of Technical Marketing for Farnell said, “The impact of the IoT is now present in all walks of life from home automation and entertainment to healthcare and transport. Intelligent connectivity and AI will drive worldwide technology development and will be key to the growth of Industry 4.0. The results from our next annual survey will provide innovators and designers with a global perspective on emerging technologies that will shape future new product developments. The survey responses will ensure Farnell can meet the product needs of our customers now and in the future while giving the design community a forum to share trends, challenges and best practice in the IoT space.”

To participate use the link below.