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Published: May 24, 2016
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Though the internet of things (IoT) is still in its early stages, it is already changing how people live and work. It is also helping businesses streamline their operations and engage more deeply with their customers. Several key trends are fueling the rise of the IoT: increasing mobile penetration, faster and more powerful computing technology, lower hardware costs and stronger security protocols. Across all industries, these forces are coming together to connect people, devices and information in new ways.
"Businesses are putting the IoT to work in a multitude of ways. Top applications include monitoring customer behavior via mobile apps and wearables, streamlining manufacturing operations and tracking product usage and performance."
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Ways in Which Their Company Is Using Internet of Things (IoT) Technologies According to Business Executives Worldwide, April 2015 (% of respondents)
Comparative Estimates: Internet of Things (IoT) Connected Devices Worldwide, 2014-2025 (billions)
Comparative Estimates: Internet of Things (IoT) Revenues Worldwide, 2014-2022 (billions)
The Heavy Hitters: Who Is Driving Adoption?
Types of Companies that Will Make Money in the Internet of Things (IoT) Market According to US IT Executives, July 2015 (% of respondents)
The IoT Timeline: How It’s Unfolding
Business Decision-Makers Worldwide Who Are Interested in/Already Working with IT to Implement the Internet of Things (IoT), 2014 & 2015 (% of respondents)
IoT Adoption Rates Among Industries
Internet of Things (IoT) Spending Metrics According to Business Executives Worldwide, by Industry, April 2015
Current vs. Expected Internet of Things (IoT) Budget According to Business Executives Worldwide, by Industry, 2015 & 2018 (millions)
Current vs. Future Top 10 Industries for Internet of Things (IoT) App Development According to Software/App Developers in the US and Western Europe*, Feb 2015
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