Friday, April 11, 2014

IoT, a Market of Everything

I'm questioning whether the term "IoT" is more about hype and selling trade shows than a real market opportunity.  As previously noted, there are many real markets and applications that are now put in the "IoT" bucket.

Why do many lead with the "smart refrigerator" as the poster child for IoT?  A smart appliance requires a "smart consumer" which makes it a niche market at best.

What's different now?  Cheap sensors, cheap modems (wired and wireless), cheap broadband connectivity, remote (i.e., cloud) intelligence?

When you put everything in the "IoT bucket" of course it's going to be a multi-trillion dollar market.  It's analogous to tire manufactures including the price of vehicles in their market size calculation.


   To discuss these issues please contact me at gwhelan@greywale.com

   For a list of previous articles please see   http://greywale.com/articles

3 comments:

  1. Really nice information here. And please keep update like this.

    SEO Comapany in Chennai

    ReplyDelete
  2. I simply want to say I’m very new to blogs and actually loved you’re blog site. Almost certainly I’m going to bookmark your blog post . You absolutely come with great well written articles. Thanks a lot for sharing your blog.

    Digital marketing company in Chennai

    ReplyDelete
  3. Hello,
    The Post about IoT, a Market of Everything is really amazing give detail information about it.Thanks for sharing the information about it. internet of things services

    ReplyDelete