The 5 biggest markets the IoT is poised to disrupt
A great overview of what the Internet of Things is and in what markets it plays a role.
Few disagree that the Internet of Things is accelerating at rapid speed. Gartner Inc. predicts that there’ll be more than 25 billion connected devices in the world by 2020, generating revenues of more than $300 billion for those who catch the wave. But even with this massive amount of growth being forecast, most enterprises fail to understand the opportunity and are not invested in the IoT. Consulting firm Bain & Company Inc. believes that a big reason for this is that the definition of the “Internet of Things” is still being misrepresented.
To try and add some clarity to the issue, Bain & Company recently published a new report that focuses on “the major emerging battlegrounds” in the IoT that enterprises need to be aware of.
The consumer IoT market will be led by mobile giants such as Apple, Google and Samsung Electronics Co. Ltd., which are set to extend their lead in the market with the launch of new products in the realm of autonomous machines,…
Read the entire article from SiliconAngle here: The 5 biggest markets the IoT is poised to disrupt