The Internet of Things in 4 Charts

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The InternetOf Things
in FOUR charts
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We already have televisions, cars, homes,
industrial equipment and other things connected
to the Internet.
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They can automate systems for us, allow us to
communicate easier, and collect data for us.
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So whether weve known it or not, the Internet
of Things is already here.
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But the amount of Internet of Things (IoT)
connections is about to explode.
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Take a look
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Here we are!
Source Cisco.
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While American technology companies are making
lots of IoT progress, Asia currently has the most
connections.
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Source GSMA.
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Thats because Chinas government has committed
to spend 603 billion by 2020 for
machine-to-machine connections.
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So whats the worth of all of these connected
things?
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Probably much more than you think.
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Source IDC.
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But not everyone has the same predictions.
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Cisco believes the market size will be 19
trillion by 2025.
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The potential market size is so big because the
IoT is about increasing efficiency, as well as
creating new profits.
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And those efficiencies will touch nearly every
part of our lives healthcare, transportation,
utilities, etc.
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General Electric says that a 1 increase in
efficiencies from the Industrial Internet (part
of the IoT) will have huge savings.
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Source GE.
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Theres still a lot of room for varying Internet
of Things predictions.
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But even if we look at the low estimates, the
Internet of Things will still have a huge impact
on our lives.
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And weve only just begun.
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