The Internet of Things A Study in Hype, Reality, Disruption, and Growth

March 1, 2016

The confluence of efficient wireless protocols, improved sensors, cheaper processors, and a bevy of startups and established companies developing the necessary management and application software has finally made the concept of the Internet of Things (IoT) mainstream. The number of Internet-connected devices surpassed the number of human beings on the planet in 2011, and by 2020, Internet-connected devices are expected to number between 26 billion and 50 billion. For every Internet-connected PC or handset there will be 5-10 other types of devices sold with native Internet connectivity. These will include all manner of consumer electronics, machine tools, industrial equipment, cars, appliances, and a number of devices likely not yet invented. In our view, the concept of the IoT will disrupt consumer and industrial product markets generating hundreds of billions of dollars in annual revenues, serve as a meaningful growth driver for semiconductor, networking equipment, and service provider end markets globally, and will create new application and product end markets that could generate billions of dollars annually. In the following report, we explore the history of the IoT, some early applications that are already disrupting existing markets, and some interesting applications that have the potential to go mainstream in the next several years. We also explain the value chain of companies that creates the IoT in various end markets and attempt to quantify its impact on specific semiconductor, software, device, and service provider end markets. Below are our summary findings.

Spotlight

Monnit

At Monnit, we aim to bridge the gap between industry and technology through the Internet of Things, by empowering businesses with low-cost, simple sensor solutions to monitor anything. Our goal is to save you as much time, money, and headaches as possible by alerting you via text, email, and/or phone call when something goes wrong, potentially saving you thousands of dollars in damages to produce, inventory, infrastructure, and more. Monnit products are fully tested, FCC, CE and IC compliant for use anywhere in the world. Recognized as a Top 50 IoT Solutions Provider for Channel Partners.

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Spotlight

Monnit

At Monnit, we aim to bridge the gap between industry and technology through the Internet of Things, by empowering businesses with low-cost, simple sensor solutions to monitor anything. Our goal is to save you as much time, money, and headaches as possible by alerting you via text, email, and/or phone call when something goes wrong, potentially saving you thousands of dollars in damages to produce, inventory, infrastructure, and more. Monnit products are fully tested, FCC, CE and IC compliant for use anywhere in the world. Recognized as a Top 50 IoT Solutions Provider for Channel Partners.

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