The above chart shows registered vehicles with Internet of things Application (IOT) forcasted till 2030
Meanwhile a recent Gartner estimates that IoT product and service suppliers will generate incremental revenues exceeding $300 billion in 2020. It predicts that around 4.9 billion connected things will be in use in 2015, up 30 percent from 2014, and will reach 25 billion by 2020
IDC forecasts that the worldwide market for IoT solutions will grow from $1.9 trillion in 2013 to $7.1 trillion in 2020
Meanwhile a recent Gartner estimates that IoT product and service suppliers will generate incremental revenues exceeding $300 billion in 2020. It predicts that around 4.9 billion connected things will be in use in 2015, up 30 percent from 2014, and will reach 25 billion by 2020
IDC forecasts that the worldwide market for IoT solutions will grow from $1.9 trillion in 2013 to $7.1 trillion in 2020
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