A new report from Yole Développement addresses how the Internet of Things (IoT) will impact sensing over the next ten years. The “Technologies & Sensors for the Internet of Things: Businesses & Market Trends 2014-2024” report forecasts that device business will reach $45B in 2024, contributing to a total IoT market of $400B. The report includes market forecasts for IoT devices in Munits and $M for 2014-2024, with a focus on sensors
Yole Développement defines the IoT as the aggregation of all the sensing modules which are linked to the Cloud – either directly or through a gateway – and with which data is processed and valorized in any manner (selling to a third party, monitoring a piece of equipment, etc.).
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