Where IoT Devices Are Used Commercially
6. 40.2% of IoT devices are used in business and manufacturing.
The biggest user of Internet of Things devices is the business/manufacturing industry. IoT devices are used to control robotic machinery, provide diagnostic information about equipment, and deliver real-time analytics of supply chains.
7. 30.3% of IoT devices are used in the healthcare industry.
IoT statistics provided by Intel point out that the second largest IoT consumer is the healthcare industry. IoT devices find various applications here, from portable health monitoring to serving as a safety measure for personal records. A major role in preventing pharmaceutical manipulations is played by IoT devices, Intel says.
8. 8.3% of IoT devices are used in retail.
The third largest user of IoT devices are retail services. 8.3% of all IoT devices are involved in this market, and they serve various purposes, such as tracking inventory, servicing online clients, and conducting consumer analytics, the Internet of Things stats provided by Intel show.
9. 7.7% of IoT devices are used in security.
Most security systems are meant to communicate with some other device, therefore it shouldn’t come as a surprise that the fourth-largest application of IoT devices is in the business of security. Remote sensors, biometric and facial recognition locks, and many other similar devices all rely on IoT technology to perform their intended functions.
10. 4.1% of IoT devices are used in transportation.
With the growth of the Internet of Things, various devices have found their use in the transportation industry as well. From GPS locators and devices used for performance tracking to lane-keep assist and self-parking systems, vehicle manufacturers are our fifth-largest user of IoT devices.
11. 27% of all M2M connections are in China.
The IoT is most commonly used for commercial purposes, which you were able to read above. Machine to machine connections (M2M) are the most common in this sector.
According to the data available, 27% of all global M2M connections are in China. The Chinese government has invested more than $600 billion in this technology so far.
12. 29% of the M2M connections are in Europe.
Wondering how many IoT devices there are in 2018? In Europe and the 50 countries located on the continent, the number is just slightly higher than the total number of M2M connections located in China. If we compare continents, though, Asia holds 40% of all M2M connections.
13. 19% of M2M connections are in the US.
The US is far from being the leader in the industrial application of the IoT, with 19% of all M2M connections being located in the country. The rest of these connections are located in Latin America (7%), Africa (4%), and Oceania (1%), according to industrial IoT market size data.
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