CHAPTER 1
InternetofThings: Promisesand Complexities
James A. Cunningham and Jason Whalley
AbstractOver the last few years, the Internet of Things (IoT) has caught
the imagination. The number of IoT connections is expected to rapidly
grow, with some commentators forecasting 100 billion connected devices
by 2025. This chapter outlines the far-reaching scope of the IoT, in terms
of the areas where it has been adopted and potential revenues that it may
generate. But at the same, the emergence and adoption of the IoT has
generated a number of challenges. This chapter identifies a number of
such challenges, some of which emanate from the underlying technologies
associated with the IoT while others originate from the large amount of
data that it promises to generate. The chapter concludes by outlining the
structure of the remainder of the book, providing outlines of each of the
subsequent chapters.
KeywordsOpportunities·Challenges·Potential·IoT·Adoption
J. A. Cunningham·J. Whalley ( B)
Newcastle Business School, Northumbria University, Newcastle upon Tyne, UK
e-mail:
[email protected]
J. A. Cunningham
e-mail:
[email protected]
© The Author(s) 2020
J. A. Cunningham and J. Whalley (eds.),
The Internet of Things Entrepreneurial Ecosystems,
https://doi.org/10.1007/978-3-030-47364-8_1
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