State of the Market: Internet of Things 2016

The Internetof Thingsis here.Accelerating innovation, productivity and value.

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State of the Market: Internet of Things 2016

2015 was the year IoT gained legitimacy.Now, it’s in your home, car and phone and,increasingly, it’s on your body.


Businesses across every industry have IoT squarely on their radars.


They view it as a new revenue stream.


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A way of complying with regulations.


An opportunity to find new e�ciencies.


And a means to address our most pressing social, economic and business goals.


The cost of hardware is falling.


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And core IoT networks are making it cheaper and easier to connect millionsof devices.


In the not-too-distant future, 5G will enable a fully mobile and connected society.


New IoT platforms are making it easier, cheaper and faster to create smart solutions.


And providing customizable apps that are opening up development to more people.


Analytics are helping companies turn the deluge of IoT data into intelligent decisions.


And have progressed from describing what happened to tell us what could happen.


Soon they’ll tell us what we should do.


And when data, analytics and apps converge, devices will learn what the user wants and adjust automatically.


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In the next 18 months IoT adoption will grow significantly.


Consumers will experience much higher automation and e�ciency in everyday life.


Developers can look forward to a growing library of APIs and new edge-computing capabilities.


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Enterprises will find even greater e�ciencies.And new ways to track, monitor and report.


Regulators will become more tech savvy.


And innovation, productivity and value will thrive as everyone comes to realize the benefits IoT o�ers society as a whole.



Accelerating innovation, productivity and value.


IoT is changing the game.Learn how.

verizonenterprise.com/iot

http://www.verizonenterprise.com/iot

© 2016 Verizon. All Rights Reserved. The Verizon name and logo and all other names, logos, and slogans identifying Verizon’s products and services are trademarks and service marks or registered trademarks and service marks of Verizon Trademark Services LLC or its affiliates in the United States and/or other countries. All other trademarks and service marks are the property of their respective owners. PTE16628 04/16

Technology

State of the Market: Internet of Things 2016