TECHNOLOGY
Maestro products are made exclusively for underground mine automation , IT , and ventilation sectors , delivering energy savings and productivity improvements while meeting the highest health and safety standards .
5G IIoT market set to grow into an $ 18.8bn market 5G Industrial IoT market revenues , estimated at $ 890mn in 2021 , are anticipated to grow at a CAGR of 28.1 % between 2022-2032 , according to a recently published Future Market Insights report . By the end of 2032 , the market is expected to reach $ 18.8bn . Meanwhile , 5G Industrial IoT revenue through large enterprises is projected to grow at a CAGR of nearly 28 % during the projected period .
Oizom monitors air quality
An Indian startup offering smart , affordable air quality monitors – Oizom – has expanded into 50 countries . Its monitors have to date empowered several smart cities , mining sites , wastewater treatment plants , which receive an accurate reading of air quality and weather conditions .
Photo credit Boston Dynamics
A number of regional and global players operate in this market . These companies compete based on the innovation of their products , in addition to their quality , their brand reputation , and their market presence , in order to sell their products through various industries . A range of strategies are being employed by companies to remain competitive .
In March 2022 , Ericsson and Vodafone UK cooperated to frame an organisation cut on 5G SA involving single RAN work for a high-transmission capacity and lowinertness network that can be conveyed for computer generated reality use case in a retail location .
In the same month , Cisco and Tech Mahindra announced their collaboration to modernise 5G infrastructure with routed optical networking . Cisco has expertise in routed optical fibre , whereas Tech Mahindra has expertise in IP-based , software driven 5G networks . miningdigital . com 75