The "Top 10 Strategic Imperatives in IoT and Edge, 2024" report has been added to ResearchAndMarkets.com's offering.

Strategic imperatives are concepts that companies embrace to overcome internal and external challenges, such as economic disruptions that make it difficult to prepare a company for the future.

Top Strategic Imperatives Include:

• Innovative Business Models
• Compression of Value Chains
• Transformative Megatrends
• Disruptive Technologies
• Internal Challenges
• Competitive Intensity
• Geopolitical Chaos
• Industry Convergence

An understanding of these imperatives allows companies able to formulate a solid, realistic vision and strategy to set long-term objectives and build a growth pipeline of innovative opportunities leading to sustained, transformational growth.

This study analyzes the strategic imperatives for the internet of things (IoT) and edge markets. The publisher experts ranked them in terms of industry impact and described them in detail. These forces are profoundly impacting all participants within the IoT and edge ecosystem, driving the need for product innovation, revamped business models, new partnerships and a strategic roadmap to unlock new growth opportunities.

The study spotlights companies to action, which are strategic ecosystem participants driving cutting-edge IoT and edge solutions, showcasing their contributions and potential to move the industry forward.

Top 10 Transformations Impacting Growth in IoT and Edge, 2024

• Complexity of SIM card logistics
• Absence of AI and Data Management in IoT Projects
• Cybersecurity as the Top Concern for Government and Enterprises
• Technology Integration Complexity, and Infrastructure and Application Visibility
• High Network Rollout and Expansion Costs
• Relevant Upfront Costs and Complexity of Implementation and Maintenance for Mobile Private Networks
• Low-Earth orbit satellite constellations increasing competition in IoT
• Environmental, Social, and Governance at the Top of CEOs' Agendas
• Metaverse and Spatial Computing Depend on Industry Convergence to Evolve
• Battery Life of IoT Devices Not Enough for Some Use Cases

For more information about this report visit https://www.researchandmarkets.com/r/4a7rtb

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View source version on businesswire.com: https://www.businesswire.com/news/home/20241002974239/en/