The 10 most adopted IoT use cases
A new report from IoT Analytics highlights the increasing success of IoT implementations. According to the “IoT Use Case Adoption Report 2024,” 92% of enterprises report a positive ROI from IoT use case projects, marking a 13-point increase since 2021. The accompanying research article details the top 10 IoT use cases with adoption rates, most important KPIs impacted, and implementation examples.
KEY INSIGHTS
- IoT initiatives appear more successful than ever, as 92% of enterprises report positive ROI from IoT use case implementations, according to IoT Analytics’ 418-page IoT Use Case Adoption Report 2024.
- The number of IoT use cases being adopted by enterprises grew 53% between 2021 and 2024.
- Complexities related to IoT use case adoption appear to be easing somewhat, which appears to be fueling the adoption growth and ROI.
- Enterprise IoT use case investments continue to grow in 2024, but at a slower pace than in previous years.
- IoT Analytics presents the top 10 IoT use cases, with process automation as the #1 adopted IoT use case.
Dimitrios Paraskevopoulos , Senior Analyst at IoT Analytics, comments that “With 92% of IoT projects reporting a positive ROI and adoption still going strong, it’s high time the discussions shift from “whether IoT is failing” (hint: it isn’t) to “how can we leverage the technology to improve our operations/supply chain/products”.
