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

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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