Shulou(Shulou.com)11/24 Report--

CTOnews.com, November 2, today, Strategy Analytics released a report saying that by the end of 2022, industry will become the largest source of revenue from the Internet of things, accounting for 21% of the total revenue of the Internet of things globally, followed by cars and security, accounting for 13% and 12%, respectively.

According to the report, industry (24 per cent) and automobiles (16 per cent) will continue to take the lead by 2030, followed by security (12 per cent), health care (11 per cent) and utilities (10 per cent).

▲ source: Strategy AnalyticsCTOnews.com learned that Strategy Analytics had previously predicted a compound annual growth rate of 14% for Internet of things cellular connections from 2022 to 2030. During the 2022-30 forecast period, industry and cars will be the vertical industries with the largest number of Internet of things connections.

Strategy Analytics believes that during the 2022-2030 forecast period, industrial Internet of things connections will grow from 17% in 2022 to 21% in 2030, and cars will grow from 15% in 2022 to 18% in 2030. In 2022, industry accounted for 17% of total Internet of things connections, followed by cars and utilities, each with 15% of connections.

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