See which countries are leveraging the internet of things to drive business transformation
A lot of vendors throw around the projection that by 2020 there will be some 50 billion “things” comprising the growing internet of things (IoT). But what about today; which countries are leading the way in deploying IoT sensors, devices and solutions?
According to new research from IoT Daily, “The countries with the highest machine-to-machine penetration rates are highly industrialized, advanced economies, including the northern European countries of Sweden, Norway, Finland and Denmark.”
To arrive at a top 20 list, number of m2m subscriptions per 100 mobile subscriptions were compared. In ascending order, the top 20 countries for internet of things adoption are:
- Sweden
- New Zealand
- Norway
- Finland
- France
- Denmark
- United States
- Ireland
- Belgium
- Bulgaria
- Estonia
- Italy
- Slovakia
- Spain
- Luxembourg
- South Africa
- Germany
- Korea
- Czech Republic
- Iceland
Enterprises operating in all manner of industries are using IoT solutions–and the near real-time data produced–to drive efficiency and, in turn, revenue. In fact, based on a new global survey conducted by Vodafone Group, 37% of the businesses surveyed that have adopted the IoT say they now “run their entire business on IoT.”
To get an idea of the impact the IoT is having on global businesses, see how it’s being used to reshape waste management and tracking of refrigerated containers.