About
Who we are and how we do IoT market research
IoT Analytics is a leading provider of market insights for the Internet of Things (IoT), M2M, and Industry 4.0. More than 40,000 IoT decision makers rely on our data-driven market research every month. Our products and services portfolio includes free insights on IoT markets and companies, focused market reports on specific IoT segments and Go-to-Market services for emerging IoT companies.
Our Work
IoT Analytics is a leading IoT market research / industry analyst firm, focused on the Internet of Things (IoT), M2M, and Industry 4.0. Our aim is to bring you the best and latest market insights around the IoT ecosystem so that you can better understand IoT markets.
While we monitor the general technology business environment and general trends around digital transformation, most of our work is focused on the analysis of IoT markets and IoT companies.
We track IoT market segments, IoT companies, their business cases, market share, M&A activity, and we provide custom IoT market research. Check out the “IoT segments” tab to take a deeper look at the current focus areas of our IoT market research.
Company Profile
Company presentation
Awareness & reach: Our insights are trusted by more than 40k people per month
Why work with us?
High-quality analyses
We aim to produce the highest quality research available to you. Our focus is on facts and actionable insights without losing sight of the bigger picture. And… we only publish when we think we got it right.
First-hand information
We attend and speak at approx. 20 global IoT and Industry 4.0-focused conferences every year. This allows us to shape our unbiased, third-party view and test some of our opinions with other industry professionals.
Large global audience
With 40k highly-engaged website visitors per month and more than 10k people subscribed to our email updates we are able to supply our research to a much larger target audience than many of our competitors.
Our Vision
Accelerating IoT adoption through important insights
We believe that technology plays a vital role in making the earth a better place – If employed correctly it makes people healthier, safer and our environment less polluted. IoT is one of the key technological advancements towards this vision and we want to play our role in helping achieve this vision.
At IoT Analytics, our goal is therefore to supply market participants in the IoT ecosystem with accurate information that enable them to go to market quicker and build safer and better IoT solutions.
Our team shares a passion for the Internet of Things and we are here to make the information available to you. We mine the web for relevant data, reach out to experts employing and offering IoT solutions and come up with relevant insights for our customers.
Our Team
Knud Lasse Lueth
Knud is the founder of IoT Analytics. He has extensive background working with IoT software and hardware companies and builds on a consulting and manufacturing background.
Padraig Scully
Padraig leads the market research team. He has several years of experience in telco and technology research. He is the Expert for: IoT Platforms, IoT Security and IoT Projects.
Leon J. Whyte
Leon leads the sales activities at IoT Analytics. He is an experienced Sales Consultant with over 12 years sales experience.
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Hoang Pham Van
Hoang leads all marketing activities and is responsible for Social Media, community and blog activities. He also acts as support in media creation and Website administration.
Saverio Romeo
Saverio is IoT Analytics’ strategic adviser. His expertise revolves around entrepreneurship in IoT and emerging technology, the impact of blockchain on innovation and more.
Eugenio Pasqua
Eugenio is a principal analyst focusing on the future of communications. He is the Lead Expert for IoT Connectivity (especially M2M, LPWA, and 5G)
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Matthew Wopata
Matthew is a senior analyst based in the USA, focusing on industrial technologies. He is IoT Analytics’ lead expert for Industrial IoT (incl. Industrie 4.0, Industrial Software)
Misha Rykov
Misha is a market analyst focusing on the topics of Industrial IoT, Predictive Maintenance and Industrial AI. He has a background in Applied Mathematics and Data Analytics.
Marilou T.
Marilou leads all our account management activities and is responsible for general administration tasks.
Thomas Meier
Thomas is a senior analyst at IoT Analytics.
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Roberto Giardina
Roberto is an analyst, supporting various research efforts at IoT Analytics.
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Our Team in Action
The IoT Analytics team visits between 15 and 20 conferences, fairs and events every year. We update you on a regular basis about things we learned at those events.
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IoT Analytics in the News
Our work recently appeared in the following publications.
June, 2019
Forbes
Seven Things You Need To Know About IIoT In Manufacturing
[…]Capgemini estimates that the size of the connected products market will be $519B to $685B by 2020. These and many other fascinating insights are from IoT Analytics’ study […]
December, 2018
Forbes
2018 Roundup Of Internet Of Things Forecasts And Market Estimates
[…]”IoT Analytics predicts the global market for Internet of Things is expected to grow 37% from 2017 to $151B in 2018.” […]
July, 2018
Roland Berger
Predictive Maintenance – From Data Collection to Value Creation
[…]”Globally, we expect the market for PdM to grow by 20 to 40 percent a year across all industries and applications. ” […]
January 17, 2018
World Economic Forum
Internet of Things: Guidelines for Sustainability
[…]A database of over 640 IoT projects were mapped against 17 SDGs with the following results: – 84% of the 643 analysed IoT deployments support or have the potential to support the SDGs – 75% of these focus on five SDGs which are closer to commercial and industrial applications; SDG 9 (industry, innovation and infrastructure), SDG 11 (sustainable cities and communities)[…]The project has been supported by IoT Analytics GmbH: Knud Lasse Lueth, Chief Executive Officer, and Abhay Rastogi, VP Strategy, Business Development and Partnerships.”
October 24, 2017
The Industrial Internet Consortium
IIC’s IIoT Analytics Framework Technical Report
[…] Business Leaders have increasingly recognised the importance of industrial analytics. A recent survey carried out by IoT Analytics GmbH found that 69% of surveyed business leaders or industry analysts consider industrial analytics crucial for their businesses within 5 years and want to apply analytics to strengthen their businesses. The same survey found that analytics on physical objects and machines rank high in importance. predictive and prescriptive maintenance of machines (at 79% of surveyed considering it extreme or very important ) ranks at the top, slightly surpassing consumer and market related analytics (at 77%).”
August 7, 2017
IoT Now
Should ‘secure’ solution vendors be excited at sales impact of US Senate’s IoT Cybersecurity Act?
[…] Knud Lasse Lueth, managing director at IoT Analytics GmbH tells IoT Now, “Government legislation, such as this Bill [IoT Cybersecurity Improvement Act], can be a driving factor for improving IoT security. Our recent research suggests that there are at least 150 IoT security vendors on the market that may directly benefit from this bill. Right now, overall security spending for IoT projects is in the single digit percentage range of the total project costs, often below 1%. However, given the severe implications of a breach, it probably should be higher. And there should be an increased focus on aspects such as patch management, especially after the recent Mirai and WannaCry attacks on IoT devices.”
July 19, 2017
Forbes
Particle Raises $20 Million To Clean Up The Chaos Of 450 Separate IoT Platforms
With so many platforms, companies disappear almost as often as they appear, leaving early adopters in the lurch: “More than 30 of the companies included in the 2016 edition of the list have ceased to exist,” says IoT Analytics’ analyst Zana Diaz Williams.
July 5, 2017
IOT Evolution
450 IoT Platforms and Counting
[…] IoT Analytics Managing Director Knud Lasse Lueth said: “The market for IoT Platforms continues to get more crowded and fragmented. However, the dynamics are shifting: while we continue to witness a constant stream of new startups entering this space, most of the larger vendors seem to have made their bets by now – organic new entrants by multinationals are becoming rare.”
June 27, 2017
Financial Times
The internet of things: industry’s digital revolution
The likes of GE and Siemens are investing billions in the ‘industrial internet’ but will face competition from IT groups and start-ups
December 19, 2016
Forbes
Industrial Analytics Based On Internet Of Things Will Revolutionize Manufacturing
A fascinating report on how Industrial Analytics is maturing based on advances in the areas of IoT, machine learning, and big data analytics […] Research firm IoT Analytics GmbH was selected to conduct the study.
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