The Internet of Things (IoT) is one disruptive concept that will have a significant impact on the publishing industry as a whole and will shape the technology industry's future.
By 2024, Enterprise IoT Market will generate 73% of market revenue, down from 76% in 2020. Consumer IoT will generate 27% of market revenue in 2024, up from 24% in 2020, with wearables driving significant growth. We anticipate a new wave of digital transformation to drive faster growth across all IoT markets post-Covid-19. The Internet of Things refers to the use of connected sensors and actuators to control and monitor the environment, its inhabitants, and their actions.
Wearable technology, the connected car, the automated home, smart cities, and predictive maintenance for industrial machinery are all examples of use cases. By 2024, the IoT market worldwide is expected to generate $1.1 trillion in revenue.
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However, when it comes to their investments and capabilities in the most important topics affecting their industry, not all businesses are created equal. A key leading indicator of a company's future earnings potential and relative competitive position can be its position and ranking in the most important themes.
