51 percent said that they expect IoT to improve regulatory compliance and delivery processes, while 45 percent said they expect IoT to help their companies in improving safety.
44 percent said they want IoT to help their company in cost efficiencies or in improving their supply chain visibility.
Wi-Fi, security sensors, near field communications (NFC) and real time locating systems are the most important elements of IoT solutions.
40 percent said privacy and security concerns are the largest challenge for IoT implementation, while 38 percent mentioned implementation complexity, said the survey conducted by Forrester Consulting on behalf of Zebra Technologies in October 2014 which surveyed IT and business decision makers in nearly 600 global firms across many verticals and industries.
Zebra Technologies will discuss the survey findings this week at ProMat 2015 in Chicago.
In November 2014, another survey – announced by Zebra Technologies — by Forrester Consulting said the vast majority of business decision makers understand the IoT and are in the process to deploy it as a part of their business.
In December 2014, a report from IHS Technology said market revenue for microelectromechanical systems (MEMS) will rise to $120 million in 2018 against $16 million in 2013.
84 percent of software developers building IoT solutions in 2015 are targeting business markets while 16 percent are targeting consumers, according to the results from the software for the IoT Developer Survey released by Embarcadero Technologies in starting 2015.