The document discusses the potential of the Internet of Things (IoT) to generate $19 trillion in value over the next decade. However, it also notes that security concerns could hamper widespread adoption of IoT technologies if not addressed properly. The document advocates for a three-pronged approach to building trust in the IoT ecosystem through reliable connectivity, reliable security, and agile monetization solutions.

1. IoT has the
potential to generate
of value in the
next decade
$19tr
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The Internet of Things touches many different sectors and
applications, ranging from connected cars to smart homes
and intelligent infrastructure. This diversity has spawned
an ecosystem that consumers need to trust to keep their
data protected.
Nine out of 10 senior-level IT decision makers harbor doubts
about their networks’ robustness and scalability in handling IoT.
of consumers polled were
concerned that a connected
appliance could result in
the breach of sensitive data.
253 health data breaches
in 2015. The top six data
breaches affected more
than a million individuals.
The top ten data breaches
accounted for 111 million
records that were lost, stolen
or inappropriately disclosed.
Businesses are currently losing $700
billion a year in IT downtime. Network
interruptions are the biggest culprit.
Bringing Trust to
the Internet of Things
CONNECTIVITY
MONETIZE
SECURITY
1. Gartner forecast Nov 2015
2. Gartner forecast Nov 2015
3. Vanson Bourne study for Brocade Communications
4. IHS: The cost of server and network application downtime
5. GSMA (EY Embedded SIM Study)
6. Fortinet Connected Home Survey
7. Office of Civil Rights
8. Washington Post, “Cisco CEO at CES 2014: Internet of Things is a $19 trillion opportunity”, January 2014
9. Cap Gemini: (“The Internet of Things: Are Organizations Ready for a Multi-Trillion Dollar Prize?”)
10. Gartner
Reliable
Connectivity
Reliable
Security
Agile
Monetization
3 pillars
are essential to
deliver trust in the IoT ecosystem:
1 2 3
Reliable connectivity is the backbone of any IoT use case.
The promise of connected vehicles, for example, is being
fulfilled by embedded connectivity.
2012
26%
55%
25%
23%
52%
23%
27%
49%
19%
27%
52%
19%
31%
51%
16%
31%
53%
15%
31%
54%
66.9M
56.2M
42.9M
31M
19.9M
14.1M
10M
2013 2014 2015 2016 2017 2018
CONNECTED CARS ANNUAL SALES BY TECHNOLOGY
of organizations still do not
generate service revenues
from their IoT solutions.
DEVICE MONETIZATION
Charge a premium for enabling connectivity
and upgrading features on devices.
SERVICE MONETIZATION
Enable new business models like PaaS
(Product-as-a-Service) and facilitate
new services remotely.
DATA MONETIZATION
Monetize the data collected from connected
devices for data analytics.
For more information, please visit Gemalto.com/iot
or mail us at iot.query@gemalto.com
To learn more, visit our IoT Security page or download
our IoT Security e-book
$700bn
68%
70%
drop in revenue for device
manufacturers not using agile
software monetization solutions.
20%
Embedded
Tethered
Smartphone
A 3-STEP APPROACH TO IOT SECURITY
CAGR+37%
1
2
3
SECURE THE DEVICE
SECURE THE NETWORK
SECURE THE CLOUD
MONETIZING AT DIFFERENT STAGES OF THE IOT VALUE CHAIN
Hacks can happen at any level on any connected devices.
Robust security shuts the door on cybercriminals and
gives consumers confidence to trust and share data on
new IoT channels.
(5)
(6)
(7)
(3)
(4)
(10)(9)
(8)
connected devices
in total by 2020
20.8bn
IoT endpoint
spending will reach
by 2020
$3.01tn
(1)
(2)