The Internet of Things (IoT) is already connecting millions of
formerly unconnected "things" to the Internet -- allowing us to
track and analyze data like never before. But according to
Acquity Group, 87% of people reading this article don't know what
the term "Internet of Things" represents. If that's you,
To help add context to what the IoT can offer, let's look at
some stats to get a fuller picture.
Nest thermostat. Source: Nest Labs.
By 2020, the amount of Internet-connected things will reach 50
billion, with $19
In 2008, there were already more "things" connected to
the Internet than people.
in profits and cost savings coming from IoT over the next decade,
Right now, about half of Americans don't know that smart
thermostats and smart refrigerators are already on the
market. 2. Knowledge of the Internet of Things is growing
3. With the latest Internet address standard (IPv6),
there are enough Internet addresses for every atom on the
, according to
Meaning that companies can build a lot of small devices that
connect to the Internet without running out of IP addresses.
4. Connected homes will be a huge part of the Internet of
By 2019, companies will ship 1.9 billion connected home devices,
bringing in about $490 billion in revenue.
are already ahead of the pack. Google bought smart thermostat
maker, Nest Labs, last year for $3.2 billion, and Samsung
purchased connected home company SmartThings for $200
5. U.S. consumers are warming to wearable tech.
Right now, just 7% of consumers own a wearable tech device,
but by the end of next year, that number will have jumped to
6. Five years from now, more than 20% of U.S. consumers
will own smart refrigerators and smart watches.
I've had my skepticisms about smart watch adoption, so I'll be
watching (no pun intended!) closely to see if this one proves
7. Internet-connected clothing is coming.
By 2020, 14% of consumers expect to purchase some form of
That's why 69% of U.S. consumers think they should own the
personal data on all Internet-connected devices they own.
9. The Internet of Things isn't just about
A Dutch company uses Internet-connected sensors on cattle
to tell farmers when the animals are sick or pregnant. Each cow
sends about 200 MB of data per year.
10. 60% of Americans are willing to share data from their
car with the vehicle's manufacturer
-- if it includes one free maintenance session. But carmakers
aren't the only ones interested in your car's data; advertisers
begging for it
U.S. Department of Transportation.
That's not so far fetched, considering Mercedes-Benz already
has a partnership with Nest that allows the car to tell the
thermostats to adjust the temperature when a driver arrives or
leaves home. And it's really good news for
, which already has
Last month, an
12. Autonomous vehicles are a big part of the Internet of
A7 drove more than 550 miles (from San Francisco to Las Vegas)
almost entirely on its own.
The car uses some of
's processors as part of the
brains behind the system
13. Small IoT efficiencies could bring big
believes that using Industrial Internet (the company's term for
the Internet of Things) to make oil and gas exploration and
development just 1% more efficient would result in a savings of
14. In 2008, a company called Proteus Digital Health won
a U.S. patent for a pill you can swallow with a tiny sensor
inside of it.
about when a patient takes his or her medication, and pairs with
a wearable device to inform family members if it's not taken at
the right time.
15. The U.S. doesn't dominant Internet of Things
. According to a
released by GSMA over the summer, 27% of all global
machine-to-machine (M2M) connections are in China, while all of
Europe has 29%, and the U.S. has 19%. In the decade leading up to
2020, China's government has committed to spend $603 billion for
16. Consumers aren't the only ones concerned about all of
the data the Internet of Things will produce.
In a speech last month, Federal Trade Commission Chairwoman,
Edith Ramirez laid out
the U.S. government has with the IoT: ubiquitous data collection,
unintended data use, and (of course) security.
17. Malwarebytes Labs predicts that this year, we'll see
the first major attack on Internet of Things
"Both mainstream media and the general public will hear about the
first major hacker attack against an Internet connected device
(that was previously not connected)," the company said in a blog
post. How comforting.
Of course, it's possible some of these forecasts may not come
true, and if you're an IoT skeptic, then you may want to read
some of the
bear cases for the Internet of Things
. But even if half of these come true, then it's clear the
Internet of Thing is about to change our lives.
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17 Stunning Internet of Things Statistics You
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