Overview:
The report provides the forecast for IoT application in the construction equipment industry. Global construction equipment firms are increasingly embedding cellular connectivity in construction equipment to bring efficiency in resource management at construction sites. As we move forward, NB-IoT and LTE-M networks will be suitable for smaller equipment on construction sites, while heavy machinery (primarily vehicles with an embedded modem) will use cellular networks such as 3G, 4G and 5G. The report lists the companies which are expected the lead the connected construction equipment sector through 2018-2025.
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