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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.
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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.
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