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 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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Winning in IoT: How the enterprise IoT market is evolving

Winning in IoT: How the enterprise IoT market is evolving

In short IoT enterprise spending reached $201 billion in 2022, significantly lower than many had previously predicted. IoT adopters will focus on building the IoT software backbone, developing IoT applications, and infusing AI in the coming five years. 47% of IoT applications are expected to have an AI element by 2027. Five things vendors focus on as they evolve their IoT strategies: ecosystem,...

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State of IoT 2023: Number of connected IoT devices growing 16% to 16.7 billion globally

State of IoT 2023: Number of connected IoT devices growing 16% to 16.7 billion globally

IoT connections market update—May 2023 The latest IoT Analytics “State of IoT—Spring 2023” report shows that the number of global IoT connections grew by 18% in 2022 to 14.3 billion active IoT endpoints. In 2023, IoT Analytics expects the global number of connected IoT devices to grow another 16%, to 16.7 billion active endpoints. While 2023 growth is forecasted to be slightly lower than it was...

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Our Expert

Knud Lasse Lueth

Knud Lasse Lueth

Chief Executive Officer

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.

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