Internet of Things
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Information of Things projected growth and anticipated challenges with the proliferation of IoT including security and privacy concerns.
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Internet of Things
- 1. IoT Devices $6 trillion spent on IoT over next 5 years 26 Billion IoT connected devices by 2020 Sources: Forbes, Gartner, CSG International INTERNET OF THINGS W W W . N E X T R A S O L U T I O N S . C O M Businesses using IoT to improve business Follow Nextra Solutions on LinkedIn and Twitter or visit www.nextrasolutions.com 0 Billion 20 Billion 40 Billion 60 Billion 80 Billion 2015 2020 2025 Connected Devices 75% of new cars will have built-in Iot by 2020 94% of businesses have seen a return on their IoT investments IoT 57% Other 43% Business IT Spending $ 0 million $ 110 million $ 220 million $ 330 million 2015 2016 2017 $ 440 million $ 550 million 2018 73% 60% of manufacturers will use analytics from IoT in 2017 Global IoT Security Spending IoT Challenges Security Data Management Privacy Regulation