McKinsey Report: The Internet of Things Catching up to an accelerating opportunity
In a new report by McKinsey, The Internet of Things: Catching up to an accelerating opportunity, they have updated the analysis to estimate how much of that value has been captured, how the potential value of the IoT could evolve in the coming decade, and the factors that explain both. The market has grown considerably in the intervening years but not as fast as we expected in 2015. The IoT has faced headwinds related to change management, cost, talent, and cybersecurity, particularly in enterprises.