Many executives, in many industries, might be unaware of internet of things business value, a survey by Analysys Mason suggests.
In a survey of 1600 IT and telecoms decision makers in enterprises worldwide, Analysys Mason found 12 percent of small/medium businesses and 18 percent of large enterprises already had IoT systems operating.
On the other hand, 52 percent of SMEs and 40 percent of large enterprises were “unaware of IoT or not interested in it,” Analysys Mason found.
“Overcoming a lack of awareness in IoT is more important than technology issues,” Analysys Mason suggests.
None of those findings would surprise many observers. Present use of sensor networks is common in some industry verticals and for some applications, but it would be reasonable to argue that the big growth has yet to begin.
Percentage of enterprises at each stage of IoT development, 2017
The U.S. market currently has the highest levels of adoption of IoT solutions, but China is expected to surge.
Percentage of enterprises with operational IoT solutions, by country/region, 2017
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