Introducing the Internet of Things Taxonomy
The Govini Internet of Things Taxonomy shows the IoT market is expanding rapidly to meet demand for technologies to collect, store and process a proliferation of agency data. Our first report in this series explores sensor market dynamics.
- Federal spending on IoT jumped 20 percent to almost $9 billion in FY15.
- Sensor spend has nearly tripled from FY11 to FY15, growing 56 percent in the last year alone.
- Defense mission requirements account for 88 percent of Sensor spend, while NASA and DHS lead Civilian adoption.