Internet of Things to attract investments worth USD 15 trillion by 2025, report says

Anca Alexe 14/05/2018 | 08:59

The Internet of Things (IoT) will attract global investments of up to USD 15 trillion between 2017 and 2025, as data shows companies are accelerating their investment plans in this sector, according to a report by Business Insider Intelligence.

IoT transforms how companies and consumers go about their days around the world. The technology that underlies the segment is evolving quickly, from the rapid rise of voice assistants like Amazon Echo to the growth of AI-powered analytics platforms for the enterprise market.

The report by BI Intelligence, done by surveying over 400 key executives from around the world, projects that there will be more than 55 billion IoT devices by 2025, up from about 9 billion in 2017.

In February, market research company IDC estimated that investments in IoT will reach USD 772.5 billion in 2018, a 15 percent growth from the USD 674 billion invested in 2017.


BR Magazine | Latest Issue

Download PDF or read online: December 2022 Issue | Business Review Magazine

The December 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Xclusiverse: Going Beyond the Traditional Ways of Doing Business.”
Anca Alexe | 19/12/2022 | 18:45

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of
    I agree with the storage and handling of my data by
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue