What 2019 Has In Store For The Internet Of Things [Infographic]
IoT continues to make inroads into the business world with more companies now jumping on the bandwagon to stay ahead of the IoT curve. The promise of this fast evolving landscape is enormous with market expected to reach $1.2 trillion in 2022. Reports suggest 2019 will witness substantial growth in the IoT spending that is expected to reach $745 billion in 2019 – precisely a 15.4% increase over the $646 billion spent in 2018. According to the International Data Corporation, worldwide IoT spending will be led by manufacturing (discrete and process), consumer, transportation, and utilities sectors.
Let's take a closer look at top trends that will dominate the IoT landscape in 2019.
Stay tuned for our follow up post featuring other five top IoT trends likely to be seen in 2019. We recently developed a server and cloud-based application using advanced analytics and internet of things solutions to help one of our clients approach industry 4.0 readiness. (Click here). Read through our solutions for IoT companies here: https://www.ssidecisions.com/case-study
Utility companies are connecting with technology companies to facilitate innovation, improve economic growth, optimize the flow of information, increase energy efficiency and ensure supply...
Combining different types of data with a new kind of intelligence and hardware can turn into world-changing technologies.
Internet of Things (IoT) has rapidly gained popularity and shows no signs of downturn. The trends of the Internet of Things connectivity were widely received and adopted in 2016-2017. In 2018 it is expected that more ideas and actual complex issues will be addressed. Most of the industries have already jumped on the bandwagon of IoT adoption. Intelligence, connectivity, logic, expression, energy and security – that’s Internet of Things (IoT’s) collective image for the future as we see it.
Our narrative around an existing IoT report by Venture Scanner which involves an overview of the Internet of Things (IoT) startup landscape, graphical trends and insights, and recent funding and exit events.