Providing market intelligence for more than 35 years

Smart Home

Cisco's New Market: The Internet of Things

According to John Chambers, CEO at Cisco, the Internet of Things (IoT) will create $14 trillion in profits over the next 10 years by putting objects like cars, door locks, appliances, and smart meters on the Internet.

Cisco believes that by 2017, there will be about 2.8 billion machines on the Internet, which is about 30% of the devices connected to the internet worldwide, up from 960 million devices and 17% in 2012.

These devices will lead to the creation of new apps, services, support jobs and will cause businesses and service providers to upgrade their networks, too. Cisco has even coined a phrase for this: the "Internet of Everything”.

For more information, click here.
 

More from

June 22, 2022

Parks Associates Announces Firstlight Media as 2022 Future of Video Sponsor

Parks Associates’ Future of Video: OTT, Pay TV, and Digital Media is excited to announce Firstlig...

Read More

September 19, 2022

The Advantages of OTT Bundling - Insights from Verimatrix

Parks Associates’ Future of Video: OTT, PayTV, and Digital Media continues on Thursday, September...

Read More

October 30, 2022

In-Person Future of Video Conference to Explore Latest Industry Trends

Parks Associates will host the fifth annual Future of Video: OTT, Pay TV, and Digital Media Decem...

Read More
Phone:
972-490-1113
Mailing Address:
Parks Associates 5080 Spectrum Drive, Suite 1000W Addison, TX 75001 USA
Expertise
Smart Home: Management and Safety Consumer Electronics Connected Health and Wellness Broadband Small-to-medium Business (SMB) Connected Health
Services
Research Services: Custom and Consulting Research Projects Streaming Video Tracker Security Tracker Smart Home Tracker
Events
CONNECTIONS™ CONNECTIONS™ Summit/CES Smart Energy Summit Connected Health Summit Future Of Video Smart Spaces Upcoming Industry Events
Resources
Press Releases Analyst Blog Parks in the News Connected Consumer Podcast 
About Us
Overview Team Contact Us
Store
View Your Cart

Follow Us to stay informed

© 2023-2024 Parks Associates. All Rights Reserved. Privacy Policy

Design & Developed By Agency Partner Interactive