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By the Numbers: The Internet of Things

Facts and figures on the Internet of Things (IoT).

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The Industrial Internet of Things (IIoT) market will reach $151 billion by 2020. — “Industrial IoT Market by Technology, Software, & Geography, Markets,” Mind Commerce, LLC

 

The Executive View of the Internet of Things

Just 1.5% of executives at large companies say they have a clear vision for the industrial IoT with implementation well under way.

55% of executives say industrial IoT is gaining adoption within their industries, including both pilots and larger-scale adoptions.

— “The Impact of Connectedness on Competitiveness,” Business Performance Innovation (BPI) Network, April 2017

Obstacles to IoT Implementation

Obstacles to IoT Implementation. — “The Internet of Things: Today and Tomorrow” Aruba, a Hewlett Packard Enterprise company, February 2017

31% of executives say their organizations face a “major skill gap” in their IIoT readiness, while another 31% say the talent gap is “large, but improving somewhat.”

The manufacturing sector is, by far, the leading target of infrastructure cyber-attacks, accounting for one-third of the 295 total attacks reported in 2015. — “NCC/ICS-CERT Year in Review,” The U.S. Department of Homeland Security, 2015

84% of organizations have experienced an IoT-related security breach. — “The Internet of Things: Today and Tomorrow” Aruba, a Hewlett Packard Enterprise company, February 2017

93% of organizations suffer technical challenges to protect data despite a heavy investment in security tools.

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