Future Unicorns of Internet of Things

In the post #COVID19 era, several organizations consider #digitalization as their top priority and see #InternetofThings (#IoT) technology as one of the enablers.

Fuelled by this digital transformation wave, the demand for new IoT applications will continue to increase in 2021 and beyond led by its applications in industries, right from #IndustrialGoods#Retail#Utilities#Healthcare#Agriculture#Logistics to #Aviation to offer solutions such as #ConnectedCars#AutomatedHome#Drones#MedicalIoT#WearableTechnology to #SmartCities.

GlobalData’s recent report, ‘Future Startups Unicorns of Internet of Things (IoT) Ecosystem’ reveals that in Q2 2021, the #IoT industry reported investment in excess of US$6.4bn spanning 268 deals globally.

The #UnicornPredictionModel of #GlobalData has released a list of 25 #IoTstartups that have the potential to become #Unicorns (valuation > US$1bn).

The unique model identifies venture-funded companies, which have the potential to become unicorns (a valuation of at least $1bn) driven by GlobalData’s proprietary #machinelearning algorithm that decodes millions of interactions between key deal attributes.

Read full press release here: https://lnkd.in/dUVmqHTV

#DecodetheFuture with #GlobalDataPLC

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