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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’
Between2008-2009
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 2019 for a five-year CAGR of 61%
Experts View
IoT will have 26Bn units installed by
IoT market is expected to reach
$3.04 trillion in
IoT has the potential to create an economic impact of $2.7
trillion to $6.2 trillion annually byMcKinsey Global Institute
IDC
Gartner
26Mn people will car pool by 2020
of manufacturers will offer smart products by 201653%
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 ConnectedDevices in 2015
Expected to reach1Billion by 2017
References
gartner.com
cloudtweaks.com
businessinsider.com
cisco.com
baselinemag.com
computerweekly.com
marsdd.com
verizonventures.com
intelligentiasolutions 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
intelligentiasolutions for successIoT:Changing
Paradigms in Technology
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