According to Research Nester – Global Internet of Things Market Outlook 2023 – the Asia-Pacific region is expected to dominate the IoT market between 2016 and 2023. The same report also predicts the total worth of the market will reach $724.2 billion by the end of that period, due to the rapid pace of urbanisation, the availability of low cost data and government initiatives to adopt advanced technology.
Bringing together major companies such as NTT, KDDI, NTT DOCOMO, INC., Hitachi, Hewlett Packard Enterprise, MODACOM, and AT4 Wireless/TOYO Corporation, the showcase featured live demonstrations of one or more capabilities of oneM2M’s Release 2 specifications. The event was attended by 260 delegates in all segments of the M2M and IoT industry, including application-specific communities, services providers and implementers, as well as technology providers.
oneM2M’s Japanese partners ARIB and TTC hosted the showcase event, alongside the National Institute of Information & Communication Technology (NICT). The first showcase, hosted by the same organisations, took place in Tokyo on May 25, 2015, where various IoT/M2M based use cases were demonstrated.
For more information on oneM2M events, visit the oneM2M website.
About oneM2M
oneM2M is the global standards initiative that covers requirements, architecture, API specifications, security solutions and interoperability for Machine-to-Machine and IoT technologies. oneM2M was formed in 2012 and consists of eight of the world's preeminent standards development organizations: ARIB (Japan), ATIS (U.S.), CCSA (China), ETSI (Europe), TIA (U.S.), TSDSI (India), TTA (Korea), and TTC (Japan), together with six industry fora or consortia (Broadband Forum, CEN, CENELEC, GlobalPlatform, Next Generation M2M Consortium, OMA) and over 200 member organizations. oneM2M specifications provide a framework to support applications and services such as the smart grid, connected car, home automation, public safety, and health. oneM2M actively encourages industry associations and forums with specific application requirements to participate in oneM2M, in order to ensure that the solutions developed support their specific needs. For more information, including how to join and participate in oneM2M, see: www.onem2m.org.
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