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Internet of Things Facts and Stats

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The Internet of Things has enabled smart gadgets and platforms which is mainly aimed to make life easier. There will be many more platforms and solutions enabling out of the box connected devices by 2020. This infographic puts light on the predictions about Internet of Things Facts and Stats.

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Internet of Things Facts and Stats

  1. 1. In 1999 The term ‘Internet of Things’ was first coined by Kevin Ashton Smartphones and Tablet PCs connected to the Internet reached to 12.5Bn in 2010 The Internet of Things was ‘Born’ and got ‘Popularised’ Between 2008-2009 Internet of Things IT experts and Internet of things stakeholders believe that it will ultimately benefit the world IoT has the potential to reduce energy consumption by up to 40% 83% 40% 8% year by year Intel has seen revenue growth to 14.4Bn from IoT 25 Bn by 2015 50 Bn by 2020 Cisco IBSG predicts there will be 25 billion devices connected to the Internet by 2015 and 50 Billion by 2020 IoT Predictions Cisco’s CEO John Chambers estimated the market value of the IoT could reach as high as $19 trillion by 2020 $19 trillion by 2020 Device shipments will reach 6.7 billion in 2019for a five-year CAGR of 61% Experts View IoTwill have 26Bn units installed by IoTmarket is expected to reach $3.04 trillion in IoThas the potential to create an economic impact of $2.7 trillion to $6.2 trillion annually by McKinsey Global Institute IDC Gartner 26Mn people will car pool by 2020 of manufacturers will offer smart products by 2016 53% 94Mn smart meters were shipped worldwide in 2014, and will reach 1.1Bn by 2022 of the IT opportunities associated with the Internet of Things will be driven by the need to improve the customer experience <300Mn Connected Devices in 2015 Expected to reach 1Billion by 2017 References gartner.com cloudtweaks.com businessinsider.com cisco.com baselinemag.com computerweekly.com marsdd.com verizonventures.com intelligentia solutions for success Intelligentia is an IT Services, consulting and technology solutions provider for the leading companies across the globe. We are Cloud Alliance Partners of Salesforce and Consulting Partner of Amazon Web Services. With expertise in Cloud Computing, CRM solutions and Mobile Marketing products, we enable our clients to accelerate their business processes and hence enhance growth. Visit us for more information: www.intelligentia.co.in Smart-home security and safety will represent the second-largest service market by revenue in 2017 By 2020, there will be a quarter billion connected vehicles By End of 2015, 4.9Bn connected things will be in use and expected to reach 25Bn by 2020 intelligentia solutions for success IoT:Changing Paradigms in Technology

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