According to a 2019 IoT survey, 46 percent of respondents are driven to spend more on Internet of Things technologies for improved security. Better data analytics capabilities and improved daily operational efficiencies are also important drivers behind increasing IoT spending.
Drivers of Internet of Things (IoT) spending worldwide as of 2019
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451 Research. (December 3, 2019). Drivers of Internet of Things (IoT) spending worldwide as of 2019 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1079622/iot-spending-drivers-worldwide/
451 Research. "Drivers of Internet of Things (IoT) spending worldwide as of 2019." Chart. December 3, 2019. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1079622/iot-spending-drivers-worldwide/
451 Research. (2019). Drivers of Internet of Things (IoT) spending worldwide as of 2019. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1079622/iot-spending-drivers-worldwide/
451 Research. "Drivers of Internet of Things (Iot) Spending Worldwide as of 2019." Statista, Statista Inc., 3 Dec 2019, https://www.statista.com/statistics/1079622/iot-spending-drivers-worldwide/
451 Research, Drivers of Internet of Things (IoT) spending worldwide as of 2019 Statista, https://www.statista.com/statistics/1079622/iot-spending-drivers-worldwide/ (last visited December 21, 2024)
Drivers of Internet of Things (IoT) spending worldwide as of 2019 [Graph], 451 Research, December 3, 2019. [Online]. Available: https://www.statista.com/statistics/1079622/iot-spending-drivers-worldwide/