General IoT

General IoT covers market reports and insights not related to any specific focus topic, including General State of IoT reports, IoT company updates, IoT strategy documents, and more.

Latest Insights: General IoT

IoT market update: Enterprise IoT market size reached $269 billion in 2023, with growth deceleration in 2024

IoT market update: Enterprise IoT market size reached $269 billion in 2023, with growth deceleration in 2024

In short The enterprise IoT market size reached $269 billion in 2023, representing 15% growth year-over-year, according to the Global IoT Enterprise Spending dashboard (Q2/2024 update). Growth is expected to slow further to 12% in 2024 before re-accelerating in 2025. Economic concerns have impacted corporate spending in general, including for IoT. IoT hardware technologies are currently hit the...

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State of IoT Spring 2024: 10 emerging IoT trends driving market growth

State of IoT Spring 2024: 10 emerging IoT trends driving market growth

In short According to the latest 148-page State of IoT – Spring 2024 report, IoT remains a top-three corporate technology priority. While AI has surpassed IoT in corporate prioritization, combining IoT and AI is on the rise and seen as a tailwind for the $236-billion IoT market rather than a disrupter. IoT Analytics identified 40+ current IoT market trends in this research, 10 of which are...

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IoT 2023 in review: The 10 most relevant IoT developments of the year

IoT 2023 in review: The 10 most relevant IoT developments of the year

As we kick off 2024, the IoT Analytics team has again evaluated last year’s main IoT developments in the global “Internet of Things” arena. This article highlights some general observations and our top 10 IoT stories from 2023, a year characterized by multi-decade high interest rates, a challenging macroeconomic environment, and, of course, the advent and excitement of generative AI (gen AI)....

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What CEOs talked about in Q4 2023: Economic concerns, Geopolitical uncertainty, and Cost Optimization; AI drops for first time

What CEOs talked about in Q4 2023: Economic concerns, Geopolitical uncertainty, and Cost Optimization; AI drops for first time

In short According to the latest “What CEOs talked about” report, three themes gained noticeable traction in earnings calls in Q4: 1) economic concerns 2) budget and cost optimization, and 3) geopolitical uncertainty around conflict and a possible US government shutdown. Generative AI saw its first decline; however, some companies involved in the generative AI market saw significant gains, e.g.,...

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IoT solution development: Build, buy, or a bit of both?

IoT solution development: Build, buy, or a bit of both?

In short Industrial IoT is on the way to becoming mainstream as projects are becoming more successful and common challenges are decreasing. Companies have a choice between the Build, Buy-and-integrate, and Buy approach to IIoT solutions. Every approach has distinct advantages and disadvantages. Why it matters For IoT adopters: The data provide considerations when deciding on the best approach...

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What CEOs talked about in Q2/2023: Generative AI applications, bank troubles, uncertain economy

What CEOs talked about in Q2/2023: Generative AI applications, bank troubles, uncertain economy

We updated this research article. Visit the link to view the latest insights. In short According to the latest “What CEOs talked about” report, three themes noticeably gained traction in earnings calls in Q2/2023: 1. AI & Generative AI, 2. Bank troubles, and 3. Reshoring. Discussions around economic uncertainty, sustainability, and supply chain disruptions lost traction. Why it matters The...

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Our Expert

Knud Lasse Lueth

Knud Lasse Lueth

Chief Executive Officer

Since founding IoT Analytics in 2014, my focus has been to build a team that produces high-quality research in areas such as IoT, AI, Cloud, and smart manufacturing. Throughout my journey, I have authored or co-authored over 100 reports, always with a commitment to delivering analyses that are not only trustworthy but also rich in insight and uniqueness.

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