US SMB & Midmarket IoT Adoption Market Trends

US SMB & Midmarket IoT Adoption Market Trends

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3X as many US midmarket firms as US small businesses are currently adopting IoT solutions. The trend will continue for the next 2-3 years. IoT adoption within SMBs is likely to be quicker than cloud. Average spending on IoT by SMBs is reaching the same levels of average spending on cloud; midmarket businesses are increasing their budget allocation for IoT solutions. IoT deployment holds a lot of promise for the SMBs and businesses have high expectations. However, IoT deployment has given businesses some unexpected benefits.

Short Table of contents is given below. For a detailed Table of Contents please click the download button above.

  • Current & Planned use of IoT solutions
  • Primary implementation approach
  • Spending on IoT solutions
  • Current implementation status
  • Primary leader of IoT deployment
  • Source of purchase of IoT solutions
  • Top of mind IoT vendor recall
  • Reasons for implementing IoT
  • IoT's potential opportunities
  • Expected Benefits from implementing IoT
  • Benefits realized from IoT deployment
  • Primary barriers to adopting IoT solutions
  • Security concerns when implementing IoT strategy
  • Types of IoT analytics and challenges
  • SMB Business issues, IT challenges, IT priorities, role of technology
  • IT budgets & Importance of financing

us smb iot adoption trends cover to use

A 25 minute questionnaire was administered to each respondent. Respondents were screened for either having an infuence on IoT adoption or a decision maker or an implementer. The respondents were IT decision makers as well as Business Decision makers. Sampling quota was fixed by employee size categories: 1-9, 10-19, 20-49, 50-99, 100-249, 500-999. All analysis is conducted by employee size categories as well as small business and midmarket business. For the US market a total of 1135 SMBs completed the survey.

 

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US SMB & Midmarket IoT adoption trends report is available to purchase for US$7500.

us smb iot adoption trends cover to use

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