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

The top 10 IoT use cases

The top 10 IoT use cases

In short IoT initiatives appear more successful than ever, as 92% of enterprises report positive ROI from IoT use case implementations, according to IoT Analytics’ 418-page IoT Use Case Adoption Report 2024. The number of IoT use cases being adopted by enterprises grew 53% between 2021 and 2024. Complexities related to IoT use case adoption appear to be easing somewhat, which appears to be...

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State of IoT 2024: Number of connected IoT devices growing 13% to 18.8 billion globally

State of IoT 2024: Number of connected IoT devices growing 13% to 18.8 billion globally

Video: Global IoT market forecast (in billions of connected IoT devices) Connected IoT device market update—Summer 2024 Number of connected IoT devices to grow 13% by end of 2024. According to IoT Analytics’ 171-page State of IoT Summer 2024 report, there were 16.6 billion connected IoT devices by the end of 2023 (a growth of 15% over 2022). IoT Analytics expects this to grow 13% to 18.8 billion...

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IoT Startup Landscape 2024: 7 notable insights

IoT Startup Landscape 2024: 7 notable insights

In short There are over 3,300 active IoT startups, according to the latest 83-page IoT Startup Landscape 2024 Report and Database—a steep rise over the 1,205 identified in 2021. 7 notable insights standout about the IoT startup landscape 2024: 1) Increasing share of startups in APAC, 2) A Chinese company has the highest funding, 3) Large investments into individual IoT hardware startups, 4)...

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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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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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