Preparation and planning for the IoT varied greatly across sectors.
The majority of business executives worldwide had at least heard of the IoT; however, familiarity was low.
Most US internet users (85.0%) do not own a single smart home device.
73% of US adults were unfamiliar with the concept of the Internet Of Things.
MarketsandMarkets gives the IoT market a valuation of $1.029 trillion in 2013, increasing to $1.423 trillion by 2020.