Items Tagged with 'IoT market'
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Contractors Explore the Value in Fringe Technologies

Many HVAC contractors insist now’s the time to tap into tomorrow’s technology
Samantha-sine115
Samantha Sine
July 31, 2017
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According to a new market research report by marketsandmarkets.com, the home automation system market was valued at $39.93 billion in 2016 and is expected to reach $79.57 billion by 2022 at a compound annual growth rate (CAGR) of 11.3 percent during the forecast period.
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Thread Group, EEBus Create Liaison to Accelerate Smart Home Solutions

Will collaborate to streamline product development and reduce fragmentation of IoT market
October 13, 2016
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The Thread Group and EEBus Initiative e.V announced that the two alliances will collaborate in their efforts to build interoperable solutions for the smart home. As a result of this alliance, the organizations expect their members will benefit from access to key shared resources.


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Internet of Things Market Soaring at 33.3% CAGR to 2021

Being driven by factors including development of cheaper and smarter sensors, rising adoption of cloud computing
April 29, 2016
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The worldwide Internet of Things (IoT) market is projected to hit a compound annual growth rate (CAGR) of 33.3 percent to 2021 driven by the rising need for operational efficiency and the increasing penetration of connected devices, according to a report available from RnR Market Research.


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6.4 Billion Connected Devices Expected to be in Use in 2016

The Internet of Things is estimated to support total services spending of $235 billion in 2016
December 31, 2015
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Gartner Inc. forecasts that 6.4 billion connected devices will be in use worldwide in 2016, up 30 percent from 2015, and will reach 20.8 billion by 2020. In 2016, 5.5 million new devices will get connected every day.


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Survey Shows IoT Is Progressing to Widespread Deployment

Enterprise opportunity is where IoT potential resides in terms of spending and number of endpoints connected
December 7, 2015
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While the Internet of Things (IoT) continues to evolve and expand, moving from planning to execution, commercial enterprise momentum is growing. According to a new global IoT decision maker survey from International Data Corp., 73 percent of respondents have already deployed IoT solutions or plan to deploy in the next 12 months.


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Residential IoT Revenue to Total More Than $330 Billion from 2015-2025

Multiple competing protocols and standards are creating confusion for customers
November 23, 2015
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Through devices such as smart thermostats that allow users to remotely control household temperatures or LED lights that can be switched on and off from a smartphone, the much-hyped Internet of Things (IoT) concept has arrived in the residential setting, says Navigant Research.


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