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Graham Town

The value of the IoT

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Some links to various market reports and commentators on the expected size of the industrial IoT market - US$150bn by 2020....

http://www.iottechnews.com/news/2016/jan/27/industrial-internet-things-market-reach-150bn-2020/

http://www.marketsandmarkets.com/Market-Reports/industrial-internet-of-things-market-129733727.html

http://www.prnewswire.com/news-releases/the-industrial-internet-of-things-iiot-market---valued-at-9399-billion-in-2014-to-reach-15101-billion-by-2020-566021601.html

The IoT is clearly expected to be very big business, so the value of this technology (e.g. in terms of infrastructure and system efficiencies, etc.) should be even greater over its useful lifetime.

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