Global Forecasts on Internet of Thing (IoT) Market Analysis to 2023 Mar 2017 | Page 2
Internet of Things (IoT) Market Shares, Strategies, and Forecasts,
Worldwide, 2017 to 2023
The 2017 Internet of Things (IoT) Markets study has 678 pages, 240 tables and figures. Worldwide
Internet of Things (IoT) markets are poised to achieve significant growth with the use of sensors,
cameras, and platforms that are used to help implement precision digital control and send alerts for
all manner or management of devices and machinery. Visualization and digitization let people better
control any device or mechanical thing.
The worldwide market for Internet of Things (IoT) is $16.3 billion in 2016 anticipated to reach $185.9
billion by 2023. Sensors and software analytics platforms are implemented with connectivity
capability for streaming data from endpoints and using analytics to process the data in a manner that
generates alerts when appropriate.
Providers of Industrial IoT aim to implement asset efficiency solutions. Designing the asset efficiency
solution, developing the application, adapting advanced engineering knowledge for the use cases,
and supplying the information platform is the composite task of the analytics engine. IBM is a
premier supplier of an analytics engine with its Watson product.
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iot-market-shares-strategies-and-forecasts-worldwide-2017-to-2023.html.
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