Key Insights Overall enterprise Internet of Things (IoT) spending grew 12.1% in 2020 to $128.9 billion.Asia-Pacific (APAC) saw the fastest growth (17.0%), followed by North America (14.9%) and Europe (9.7%).2021 IoT spending for enterprises is expected to grow 24.0%...
Key Insights The IoT platforms market exceeded forecasts, growing 48% between 2015 and 2020 according to IoT Analytics 2021 market report on IoT Platforms. Many large multinationals have adopted IoT Platforms in recent years. Microsoft and AWS have emerged as...
Key Insights The global market for cellular IoT modules declined 8% in 2020, according to IoT Analytics’ latest data.China is the only large country that showed growth in 2020. LTE-Cat 1 technology, which contributes to 23% of cellular IoT modules outside of...
In short In just five years, predictive maintenance has moved from an uncertain, standalone niche use case to a fast-growing, high return on investment (ROI) application that is truly delivering value to users. These developments are an indication of the power of the...
In short Seven focus areas are currently in high demand for IoT system integration and professional services. The focus areas of today are further downstream in the value chain (mostly in the solution design and implementation stages) than in years past. Due to strong...
Update July 2021: IoT Analytics published a more recent blog on: What CEOs talked about in Q2 of 2021: Inflation, chip shortage, and recruiting. In short Corporate CEOs’ mentions of themes related to the effects of the pandemic faded in Q1. Topics relating to...
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