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Small IoT players likely to disappear or ‘get eaten by bigger fish’

August 02, 2019 / Eleanor Dickinson

The internet of things (IoT) industry has entered a recovery phase after the “disappointment” of failing to live up to its growth promise between 2015 and 2017.According to analyst firm Technology Business Research (TBR), larger tech players are likely to decrease their IoT businesses and investments while smaller companies will “disappear or get eaten by bigger fish” due to their non-differentiated portfolios.However, the last one and a half years have seen “increased sanity and smarter messaging around IoT” which has led to a rise in smaller projects, which are likely to grow over time.“Many IT and operational technology (OT) vendors were disappointed — and some incurred damage or had to scramble to realign — as the IoT opportunity failed to live up to inflated expectations prevalent between 2015 and 2017,”  said analyst Daniel Callahan.