The complete Verizon 2016 IoT report runs 24 pages (PDF) and is available here.
From the Report:
In our view, 2015 was the year IoT gained legitimacy. Businesses budged off a “start small think big” mindset.
Today, they’re building IoT into future strategies and business models. Companies across all industries now have IoT squarely on their radar. The worldwide Internet of Things market spend will grow from $591.7 billion in 2014 to $1.3 trillion in 2019 with a compound annual growth rate of 17%. The installed base of IoT endpoints will grow from 9.7 billion in 2014 to more than 25.6 billion in 2019, hitting 30 billion in 2020.
Source: Verizon’s “State of the Market: Internet of Things 2016”
Source: Verizon’s “State of the Market: Internet of Things 2016”
Gary Price (gprice@gmail.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area.
He earned his MLIS degree from Wayne State University in Detroit.
Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.
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In our view, 2015 was the year IoT gained legitimacy. Businesses budged off a “start small think big” mindset.
