German-based companies will sell up to 23 billion euros/year with the IoT by 2020 (McKinsey)

German-based companies are set to generate annual sales of up to 23 billion euros with the Internet of Things by 2020.

This is the result of a market analysis carried out by the management consulting firm McKinsey & Company. Annual IoT sales are currently still below 10 billion euros.

The study identifies the digitalization of manufacturing processes with a potential sales volume of 9 billion euros and networked vehicles with a potential sales volume of 4 billion euros as the major fields of application of the future. However, analysts also identify the fields in which there is still room for improvement in this country: The German economy is behind in fields of application such as the digitalization of the public health sector or the networking of buildings as smart homes.

Acest articol este disponibil în: Română

Source: Cebit

Photo/video source: Shutterstock

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