Technology & IoT Market Developments-June 2023

Welcome to the latest edition of TechStage Monthly!

Get ready to embark on a thrilling journey through the world of technology, where efficiency, productivity, and human-centricity merge into one powerful force. Our mission is to provide you with practical technology information that can empower businesses to succeed.

So without further ado, let's dive right into this month's bite-size news and updates!

?? IoT News & Insights ??

• The GSMA launched a new IoT eSIM specification, making it a breeze to connect IoT devices to cellular networks. Say goodbye to complicated setup!
• Telenor IoT introduced IoT Complete, a service that simplifies the connectivity of products to the IoT. Making your products smarter has never been easier!

?? Market Predictions ??

• Brace yourself for the unstoppable rise of the IoT market! Transforma Insights predicts it will reach a mind-blowing $1.5 trillion by 2025.
• Frost & Sullivan's crystal ball reveals that the number of connected devices will skyrocket to a staggering 41.76 billion by 2023. The future is calling!

?? Telco Talk: 5G in the Spotlight ??

• AT&T plans to cover a whopping 90% of the US population with its blazing-fast 5G network by the end of 2023. Get ready for lightning speed!
• Verizon unveiled its new 5G home internet service, bringing the power of 5G to select markets. Say goodbye to buffering!
• T-Mobile joined forces with Google to bring 5G to businesses across the nation. It's a 5G revolution!

?? Notable News ??

• The World Economic Forum emphasized the importance of digital skills in the workplace with their report on the future of work. Prepare to level up your skills!
• The European Commission launched a new initiative to fuel digital transformation across Europe. The future of Europe is digital!
• The United States government released a report on the state of digital transformation in the nation. Unlocking innovation, one digit at a time!

We'd love to hear your thoughts on these exciting developments, so join the conversation in the comments below!

Stay tuned for more thrilling technology news and insights from #techstage in the coming months!

Don't miss out on the latest trends in technology and business. Subscribe to our newsletter and stay ahead of the game!

Till next time, stay connected and may the IoT force be with you!

TechStage Monthly Team