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 October 24, 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 October 24, 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: October 24, 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 October 24, 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/