Cybersecurity Market

Internet for All – Loon for All

The internet has changed the way we work, socialize, create, share information, and organize the flow of people, ideas and things around the globe. It serves as a platform for business, communication, entertainment and education. The degree to which people use the internet to speak personal connection, public information and new knowledge is large and increasing. Many of us think of the Internet as a global community. However, it is surprising to note that two-thirds of the World’s population does not have Internet access.

The current scenario of Internet adaptation in different areas in different forms are, (a) In Rising Living Standards - Smart wristbands that can monitor health, or tattoos that can input passwords into Smartphone; Homes are also becoming connected, with appliances like smart fridges being linked to the web and to Smartphone, alerting us to when they have problems; Smart homes that automatically turn the lights and heating off when someone leaves the room; or else in smart traffic lights that respond to accidents and traffic congestion to allow traffic to flow as fast as possible. This demonstrates both the magnitude of the positive impact the internet delivers to all levels of society and the speed at which it delivers them. (b) Internet Drives Business Transformation and Economic Modernization – The internet has enabled fundamental business transformations that span the entire value chain in virtually all sectors and types of companies – not just online ones. These shifts include wholesale changes not only in how products are bought and sold but also in how product and services are designed, produced and distributed. Even a tiny business today can operate with a dynamically managed supply chain that spans geographies and operates with a global workforce. One of the survey results that 75% of the economic impact of the internet accrued to traditional companies that would not define themselves as pure internet players. The internet can also serve as a powerful catalyst for job creation. (c) Internet for Consumers and Entrepreneurs – The internet has fundamentally empowered the consumer, allowing shoppers to compare prices, find instant sales and locate specific makes of automobiles or attractive rental properties without the use of brokers and dealers. It can offer road directions or health information. It saves the consumer time and boosts price transparency, and gives customer access to hard-to-find products. (d) Internet for Industrial Growth - Industrial Internet will help to propel the society forward in all manner of ways. Manufacturing, health care infrastructure, and energy industries will all be transformed by the Industrial Internet. Oil and gas industry has reduced operating costs and fuel consumption with the help of smart components. The health care sector has improved resource usage and outcomes, being able to locate and identify the state of modern equipment. The Industrial Internet will also make transport more economical and safer too. On the road, fleets of trucks and even ordinary drivers will be able to tap into the web, monitoring traffic in real time, with automated programs suggesting alternative routes in the event of accidents/traffic congestion.

Where these technology adoptions are vast and continuously growing there are some limitations of limited audience/ no. of people using these internet services. Google has come out with a very good initiative of ‘Project Loon’, which involves sending balloons to high altitudes and has Wi-Fi signals bounced off of them.  The aim of Project Loon is to bring internet access to the entire world, and in particular, to rural and remote regions.  It says the technology could bring web-surfing to remote corners of the world, underserved and places where cost of internet is high. Where once satellite internet was the only option, balloons could provide a cheaper, faster solution which are capable of providing internet access with speeds comparable to 3G or even better to large portions of the globe where it might never make sense to run fiber. With a little imagination and creativity, it is quite possible that the rest two-thirds of the world will finally be introduced to the internet that doesn’t have access to a reliable internet connection.

Even after so many ongoing technology implementations and innovations, there are some problems along the way, with issues like the reliability of devices/sensors, privacy, online fraud, identity theft and the control of data, operational challenges, and Govt. regulatory policies are all likely to be chief among concerns using internet. Rapid growth of the internet both in terms of data traffic and in terms of diversity of service has led to a high complexity of network architecture.  But these potential pitfalls will not stop the onward march, not for a long time.

Related Reports:

Cyber-Security Market (Identity & Access Management (IAM), Risk & Compliance Management, Data Encryption, Data Leakage Prevention (DLP) Solution, Data Recovery Solutions, Unified Threat Management (UTM), Anti-Virus, IPS/IDS, Web Filtering, Fire-Wall, Vulnerability Management): Advanced Technologies, Geographical Analysis and Worldwide Market Forecasts (2012 – 2017)

Contact:
Mr. Rohan
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17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: [email protected]

Cybersecurity Market Size,  Share & Growth Report
Report Code
TC 3485
RI Published ON
9/23/2013
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