Internet of Things (IoT) applications are becoming more widespread. According to Mckinsey, the percentage of businesses that IoT technology has increased from 13% to 25% between 2014 and 2019.
IoT enables a myriad of different business applications. Knowing those applications can help businesses integrate IoT technologies into their future investment decisions. That is why we set out to create the most comprehensive library of IoT use cases.
The image below shows the potential impact of IoT technologies in various industries in 2025.