Roundup Of Internet Of Things Forecasts And Market Estimates, 2018
According to IDC, worldwide spending on the Internet of Things (IoT) is forecast to reach $772.5B in 2018. That represents an increase of 15% over the $674B that was spent on IoT in 2017. The global IoT market will grow from $157B in 2016 to $457B by 2020, attaining a Compound Annual Growth Rate (CAGR) […]
73% of Executives Are Researching & Launching IoT Projects In 2017
Manufacturing-based IoT connections grew 84% between 2016 and 2017, followed by energy & utilities (41%). 73% of executives are either researching or currently launching IoT projects. The IoT platform market is expected to grow 35% per year to $1.16B by 2020. B2B uses can generate nearly 70% of the potential value enabled by IoT. These […]
73% Are Using Internet Of Things Data To Improve Their Business
According to the Cisco Visual Networking Index, M2M connections will represent 46% of connected devices by 2020. 95% of execs surveyed plan to launch an IoT business within three years. These and many other insights are from the recently published Cisco Internet of Things (IoT) study, The Journey to IoT Value: Challenges, Breakthroughs, and Best Practices published […]
Integration Will Accelerate Internet Of Things, Industrial Analytics Growth In 2017
Enabling real-time integration across on-premise and cloud platforms often involves integrating SAP, Salesforce, third-party and legacy systems. 2017 will be a break-out year for real-time integration between SAP, Salesforce, and third party systems in support of Internet of Things and Industrial Analytics. McKinsey Global Institute predicts that the Internet of Things (IoT) will generate up […]
Roundup Of Internet of Things Forecasts And Market Estimates, 2015
Cisco predicts the global IoT market will be $14.4T by 2022. IC Insights predicts revenue from Industrial Internet IoT spending will increase from $6.4B in 2012 to $12.4B in 2015. IoT in manufacturing market size is estimated to grow from $4.11B in 2015 to $13.49B by 2020, attaining a CAGR of 26.9%. With the potential […]
