State of Internet of things - 2015 and beyond
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By 2025, the document predicts that the best organizations using Internet of Things (IoT) technologies will be 10% more profitable. It also predicts that there will be 5.4 billion connections globally by 2020, up from 1.2 billion today. Additionally, the document states that by 2025 at least five countries will have set a goal of zero road fatalities by relying on connected cars and smart infrastructure.
State of Internet of things - 2015 and beyond
- 1. State of the Internet of Things How things will look in 2015 and beyond Author: Prayukth K V Graphics: Prabahar Chitraikani
- 2. “Internet of Things” Snapshot By 2025, best-in-class organizations that extensively use IoT technologies in their products and operations will be up to 10% more profitable. 5.4 billion connections across the globe by 2020 from 1.2 bn devices today 53 percent of manufacturers will offer smart products by 2016 43 million wearables will ship in 2015 Page 1 Verizon, 2015
- 3. Verizon’s network data shows an 89% year-over-year increase in the number of connections for smart alarms, cameras, and other home security solutions Page 2 Verizon, 2015 “Internet of Things”
- 4. By 2025, at least five countries will have set a “zero road fatalities” target, relying on intelligent connected cars and smart road infrastructure to avoid and mitigate accidents. Page 3 Verizon, 2015 “Internet of Things”
- 5. Despite the hype, only 8% of all cars globally are connected to the communications network. Page 4 Verizon, 2015 “Internet of Things”
- 6. By 2025 the best businesses will have comprehensive IoT operations and will be 10% more profitable because of gains in efficiency, quality and customer satisfaction. Page 5 Verizon, 2015 “Internet of Things”
- 7. The manufacturing sector that saw the fastest growth in adopting IoT products last year, up more than triple since 2013 Page 6 Verizon, 2015 “Internet of Things”
- 8. Only 10 percent of firms worldwide have yet adopted any IoT technology Page 7 Verizon, 2015 “Internet of Things”
- 9. Segments deploying IoT devices at a fast-growing rate included finance and insurance companies (up 128 percent year on year), media and entertainment firms (up 120 percent) and the home security and monitoring businesses (up 89 percent). Page 8 Verizon, 2015 “Internet of Things”
- 10. IIoT could boost the gross domestic product (GDP) of 20 of the world’s largest economies by an additional US$14 trillion by 2030 Page 9 Accenture, 2015 “Internet of Things”
- 11. Thank You !!! Author: Prayukth K V Graphics: Prabahar Chitraikani