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Where is the value potential
of the Internet of Things?
Transform business processes
Predictive maintenance, better asset
utilization, higher productivity
Outside
Logistics and navigation
$560B−850B
Human
Health and
tness
$170B−1.6T
Worksites
Operations optimization/
health and safety
$160B−930B
Retail environments
Automated checkout
$410B−1.2T
Factories
Operations and
equipment optimization
$1.2T−3.7T
Home
Chore automation
and security
$200B−350B
Vehicles
Autonomous vehicles and
condition-based maintenance
$210B−740B
Offices
Security and
energy
$70B−150B
Cities
Public health
and transportation
$930B−1.7T
Enable new business models
For example, remote monitoring enables
anything-as-a-service
< 1% of data currently used,
mostly for alarms or real-time
control; more can be used for
optimization and prediction
gave us a cross-sector view
of a total potential impact of
$3.9 trillion–11.1 trillion
per year in 2025
Interoperability
required to capture
40% of total value
2X more value
from B2B applications
than consumer
Developing: 40%
Developed: 60%