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Strategic Intelligence: The Internet of Things in Consumer

Publisher GlobalData
Published May 02, 2025
Length 47 Pages
SKU # GBDT20204553

Description

Strategic Intelligence: The Internet of Things in Consumer

Summary

This report delves into how the Internet of Things, or IoT, can be used to enhance operations within the consumer goods, foodservice, and packaging industries. IoT covers several different technologies, ranging from physical items like sensors and actuators to connectivity-related services like cloud infrastructure. This report outlines how IoT-related services can be implemented by companies within the consumer sector to streamline operations, reduce costs, and improve customer relations. For instance, IoT can help companies connect with consumers, bringing about improved marketing strategies.

The Internet of Things, or IoT, describes the use of connected sensors and actuators to control and monitor the environment, the things that move within it, and the people that act within it. According to GlobalData, the consumer goods sector’s spending on IoT will reach $20.6 billion in 2028, having grown at a compound annual growth rate (CAGR) of 9% between 2023 and 2028. Leading companies such as Colgate-Palmolive utilize IoT-powered sensors across their production lines to predict and prevent equipment failures. Additionally, IoT is showing significant potential in monitoring ESG-related data, such as greenhouse gas emissions and energy usage, enabling companies to accurately disclose key data when prompted.

Scope
  • According to GlobalData’s Q4 consumer survey, 50% of respondents are concerned about how inflation could affect their household budgets. Additionally, 55% of respondents are either quite, or extremely concerned about their financial situation.
  • The cost of unplanned machine downtime in the fast-moving consumer goods industry is approximately $36,000 an hour.
  • Integrating IoT with technologies like 5G and AI could reduce carbon emissions by 15%.
Reasons to Buy
  • This report will enable you to understand how the Internet of Things affects the consumer goods, foodservice, and packaging sectors. The report will facilitate actionable insights, which can help you adapt to this theme, implementing new strategies to hold a competitive edge within the industry.
  • The report will also help you identify some of the leading players in the Internet of Things, identify key trends that are incorporated, and provide a basis for benchmarking.

Table of Contents

47 Pages
Executive Summary
Players
Value Chain
The Impact of IoT on Consumer
Physical layer
Connectivity layer
Data layer
App layer
Services layer
How IoT helps tackle the challenge of ESG
How IoT helps tackle the challenge of supply chain management
How IoT helps tackle the challenge of high inflation
How IoT helps tackle the challenge of changing consumer preferences
Case Studies
AB InBev combines robotics and IoT devices to lower costs and save energy
PepsiCo aims to reduce equipment downtime using AI-powered sensors
Heineken upgrades its existing IoT system to accurately monitor its beer
Cadbury aims to improve marketing techniques using IoT for smart packaging
The IoT Timeline
Companies
Leading IoT adopters in consumer
Specialist IoT vendors in consumer
Sector Scorecards
Consumer goods sector scorecard
Who's who
Thematic screen
Valuation screen
Risk screen
Foodservice sector scorecard
Who's who
Thematic screen
Valuation screen
Risk screen
Packaging sector scorecard
Who's who
Thematic screen
Valuation screen
Risk screen
Glossary
Further Reading
GlobalData reports
Our Thematic Research Methodology
About GlobalData
Contact Us
List of Tables
Table 1: Leading IoT adopters in consumer
Table 2: Specialist IoT vendors in consumer
Table 3: Glossary
Table 4: GlobalData reports
List of Figures
Figure 1: Key players in the IoT theme
Figure 2: The IoT value chain
Figure 3: Thematic investment matrix
Figure 4: Most consumers are concerned about how inflation will impact their household budget
Figure 5: AB InBev partners with Boston Dynamics to optimize maintenance
Figure 6: Heineken partnered with Evalan to upgrade its IoT platform
Figure 7: The IoT story
Figure 8: Who does what in the consumer goods space?
Figure 9: Thematic screen - Consumer goods sector scorecard
Figure 10: Valuation screen - Consumer goods sector scorecard
Figure 11: Risk screen - Consumer goods sector scorecard
Figure 12: Who does what in the foodservice space?
Figure 13: Thematic screen - Foodservice sector scorecard
Figure 14: Valuation screen - Foodservice sector scorecard
Figure 15: Risk screen - Foodservice sector scorecard
Figure 16: Who does what in the packaging space?
Figure 17: Thematic screen - Packaging sector scorecard
Figure 18: Valuation screen - Packaging sector scorecard
Figure 19: Risk screen - Packaging sector scorecard
Figure 20: Our five-step approach for generating a sector scorecard

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