Age by Category in Internet of Things – Q3 2017

The following graph shows average and median age in the Internet of Things sector. The graphic includes data through August 2017.

Internet of Things Age by Category

The above graph summarizes the average age and median age of companies in each Internet of Things (IoT) category. The IoT Industrial category has the highest average age at around 12.1 years, followed by the IoT Hardware Platforms category with an average age of around 11.8 years. IoT Components, IoT Utilities and Energy, and IoT City and Buildings categories all have the highest median age at around 8.5 years. On the other hand, IoT Tags and Jewelry category is the youngest Internet of Things category with an average age of 5 years and a median age of 4.5 years.

We are currently tracking 2055 IoT companies in 20 categories across 53 countries, with a total of $42.1 Billion in funding. Click here to learn more about the full IoT market report.