IOT · 2018. 8. 5. · 50BConnected ‘Things’ by 2020 38% Enhanced experiences Increased...

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https://www.theatlas.com/charts/BJsmCFAl SENSORS TOP 5 BENEFITS OF IOT Source: Forbes “Internet of Things By the Numbers, 2016 COMPUTE In 1990 it cost $527 per 1 million transactions, vs. $.05 per 1 million in 2012. Source: IC Insights STORAGE Storage costs are declining at over 100% Y/Y. In 1992, the cost per GB was $569 vs. $0.02 in 2012. Source: IC Insights There are more internet connected devices globally than people CONNECTIVITY Sensor costs are declining at 38% Y/Y. Average cost per sensor was $1.30 in 2004 compared to $.38 in 2020 $0.51 cost per sensor 2016 $0.05 cost per gigabyte 2012 $0.02 cost per 1M transactions 2012 IPV6 50B Connected ‘Things’ by 2020 38% Enhanced experiences Increased visibility and monitoring Better data streams leading to actionable insights Increased cost savings Workforce productivity gains Source: MachinaResearch.com; August 2016 By 2020 $17.2B KIOSK MARKET $3T Revenue in 2025 GLOBAL IOT MARKET 2021 2016 $42.8B $30.1B VENDING MACHINE MARKET Source: Kioskindustry.org Source: Kioskindustry.org Decreasing cost and performance curve enables computational power of digital infrastructure Global Compute Cost Trends Decreasing cost and performance of digital storage enables creation of more and richer content Global Storage Cost Trends Average cost of sensors is declining Decreasing cost of sensors allows for capturing real-time information on the device ECONOMIC$ IOT Top Technology Drivers of the Internet of Things www.banyanhills.com OF

Transcript of IOT · 2018. 8. 5. · 50BConnected ‘Things’ by 2020 38% Enhanced experiences Increased...

Page 1: IOT · 2018. 8. 5. · 50BConnected ‘Things’ by 2020 38% Enhanced experiences Increased visibility and monitoring Better data streams leading to actionable insights Increased

https://www.theatlas.com/charts/BJsmCFAl

SENSORS

TOP 5 BENEFITS OF IOT

Source: Forbes “Internet of Things By the Numbers, 2016

COMPUTE

In 1990 it cost $527 per 1 million transactions, vs. $.05 per 1 million in 2012.

Source: IC Insights

STORAGE

Storage costs are declining at over 100% Y/Y. In 1992, the cost per GB was $569 vs. $0.02 in 2012.

Source: IC Insights

There are more internet

connected devices

globally than people

CONNECTIVITY

Sensor costs are declining at38% Y/Y. Average cost per sensor was $1.30 in 2004 compared to$.38 in 2020

$0.51cost per sensor

2016

$0.05cost per gigabyte

2012

$0.02cost per 1Mtransactions

2012

IPV6

50BConnected ‘Things’

by 2020

38%

Enhanced experiences

Increased visibility and monitoring

Better data streams leading to actionable insights

Increased cost savings

Workforce productivity gains

Source: MachinaResearch.com; August 2016

By 2020

$17.2BKIOSK MARKET

$3T Revenuein 2025

GLOBAL IOT MARKET

20212016

$42.8B

$30.1B

VENDING MACHINE MARKET

Source: Kioskindustry.org Source: Kioskindustry.org

Decreasing cost and performance curve enables computational power of digital infrastructure

Global Compute Cost Trends

Decreasing cost and performance of digital storage enables creation of more and richer content

Global Storage Cost Trends

Average cost of sensors is decliningDecreasing cost of sensors allows for capturing real-time information on the device

ECONOMIC$

IOTTop Technology Drivers of the Internet of Things

www.banyanhills.com

OF