As I have said all along, it will be applications and services that will drive Internet of Things adoption across a variety of industries. This is precisely why that two of IoT Sources six content pillars are just that. It is a natural driver of business process, and we’re just seeing the tip of the iceberg.
The IoT market is expected to reach over $250 billion by 2020, according to a recent Boston Consulting Group market analysis, “Winning In IoT, It’s All About The Business Processes.” The report also predicts that the two strongest sources of IoT revenue growth will be services and IoT applications.
