IoT
Korea Exhibition 2019
October 23th ~ 25th, 2019 Coex
Key Exhibits:
5G, IoT Devices,
Network, Platform Technology and Products.
IoT-Based Systems,
Service Security Technology and Products
IoT Devices, Platform,
Wired/Wireless Network Technology and Products
IoT, AI and Blockchain
Convergence Services
Exhibition
Overview
Organized by the IoT
Korea Intelligent Association and hosted by the Ministry of Science and ICT,
193 companies exhibited and 21,094 visitors attended the show In 2018 with more
expected in 2019.
Compared to last year when
a number of conglomerates displayed their products, this year only SKT organized
a large booth. The fact that there was a major electronics exhibition the week
before might have depressed the exhibitors list. The other large booths were
organized by government agencies.
The government agency
booths provided general information related to the IoT market and also
introduced companies that were within the IoT market directly related to the
agency.
The most interesting
fact about the IoT exhibition was that it could be applied to various
industries. Detecting systems can be used for security, manufacturing,
hospitals, automotive and other industries. Similar to the detecting systems,
AI security and network technology can be used in multiple industries and if
the technologies are combined together it would be difficult to find an
industry which cannot profit from applying them
The Ministry of Science
and ICT and the National IT Industry Promotion Agency created a booth focusing
on the IoT Healthcare industry. With these targeted booths, we believe that the
boundaries of industries are changing.
Industry
The IoT industry has been growing
rapidly and with the 5G in process experts believe that the growth will
increase. The total IoT sales were reported US$7.3 billion in 2018 and the
average yearly growth for the past four years rated 22.6%.
Source: Newsis.com
With new services such as smart
city, smart office and smart factories,
the need for IoT products and systems are growing. In 2018, 2204
companies were registered as IoT companies and the service sectors accounted
for more than half of the market.
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