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Environment Will Benefit from Utilizing IoT ecosystems

Edit: Nanjing IOT Sensor Technology Co.,Ltd  Date: Oct 20, 2015

Manufacturing

35% of Manufactures already use smart sensors, 10% plan to implement them a year, and 8% plan to implement them within three years, according to PwC.


Defense

It is estimated that spending on drones will reach $8.7 billion in 2020. In addition, 126,000 military robots will be shipped in 2020, according to Frost & Sullivan.


Infrastructure

It is estimated that municipalities worldwide will increase their spending on IoT system at a 30% CAGR, from $36 billion in 2014 to $133 billion in 2019. This investment will generate $421 billion in economic value for cities worldwide in 2019.


Smart Buildings

43% building managers in the US believe the IoT will affect how they run their buildings within the next two to three years, according to a survey from Daintree Networks.


Connected Home

By 2030, we expect the majority of home devices shipped will be connected to the Internet due to initiative from device makers to connect everything they produce.


Oil, Gas, and Mining

It is estimated that 5.4 million IoT devices will be used on oil extraction sites by 2020. The devices will primarily be internet-connected sensors used to provide environmental metrics about extraction sites. 


Nanjing IOT Sensor Technology Co.,Ltd