Friday, February 27, 2015

5.4 Billion IoT Connected Enterprise Devices By 2020

Enterprise IoT Projected to Grow From 1.2 Billion To 5.4 Billion connected devices by 2020.


In our six years of Accredent's involvement with IoT we have seen the forecast for the number of connected enterprise devices continue to be adjusted upward each year as more businesses look to the technology to save money, collect useful information, transform their business models and change their basis of competition.

In the latest report from US mobile network Verizon projects that today's 1.2 billion business use devices connected to the internet will grow 28 percent year-over-year for the next five years to 5.4 billion by 2020.  Verizon believes the verticals and segments of energy and utilities, public sector, digital signage, connected CCTV, fleet management, and connected vehicles to be the sources of much of this growth.

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