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McKinsey estimates the total IoT market size in 2015 was up to $900M, growing to $3.7B in 2020 attaining a 32.6% CAGR. The Internet of Things (IoT) has a ...
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1. What Is The Potential Market Size?
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The study found that the majority of industries see IoT as not important today, except biotechnology. Source: 2016 Internet Of Things (IOT), ...
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Seth and a team of friends and family spent two years building the home, working in the evenings and weekends. The completed container home contains one ...
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Accenture estimates the Industrial Internet of Things (IIoT) could add $14.2T to the global economy by 2030. Source: Accenture: Winning with the Industrial ...
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At 20% CAGR, Asia is projected to grow at the highest rate contributing to ~35% of total spend by 2021. Source: Zinnov Zones 2016 – Internet Of Things ...
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Kearney predicts there will be a $1.9T productivity improvement, and $177B in cost reductions driven by IoT and realized by customers.
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9. What is Your Product Size & Weight?
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Gartner predicts 6.4B connected things will be in use worldwide in 2016, up 30% from 2015, and will reach 20.8 billion by 2020.
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IDC predicts global IoT revenue will reach $7.065B by 2020 from $2.712B in 2015, attaining a Compound Annual Growth Rate (CAGR) of 21.11%.
Enterprises will lead all sectors with the number of installed IoT devices. Source: Spark Labs Global Ventures' Internet of Things & Hardware Industry ...
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The Industrial Internet has the potential to deliver up to $11.1T on an annual basis by 2025. 70% of this would be captured by business-to-business ...