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IoT Market Growth: Behind The Stat

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IQ Telecom explores behind the stat to identify the highest growth areas of IoT technology.

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IoT Market Growth: Behind The Stat

  1. 1. SMART OFFICE SMART HOME Smart Security SMART HOME Smart lighting SMART HOME Smart Thermostats SM ART SOFTWARE Value chain SM ART SOFTWARE Connectivity SMART SOFTWARE Solution SMART OFFICE HVAC ControlSMART OFFICE Security Systems SMART OFFICE Security Lighting SMART INDUSTRY Agriculture SMART INDUSTRY Energy Production SMART INDUSTRY Manufacturing BEHIND THE STAT FEBRUARY 2017 WWW.ITQTELECOM.COM SORUCE: MIND COMMERCE, MARKETS & MARKETS, INDUSTRY ARC, PERSISTENCE MARKET RESEARCH IoT technology market to reach $883.5bn by 2022 $883.5bn Smart Office market to reach $43.31bn by 2020 $43.41bn SMART HOME Smart Home market to reach $133bn by 2021 $133.bn SMART INDUSTRY Smart industry to reach $123.8bn by 2021 $123.8bn SMART SOFTWARE IoT software revenue will reach $379bn by 2021 $379bn

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