Now that 2018 is complete, let’s see how exit activity for the internet of things (IoT) compares to previous years. The graphic below shows the total annual IoT exit events over time.
As the graphic demonstrates, 2018 saw a dip in IoT exit activity compared to the previous year. The 47 exit events in 2018 represent a 23% decrease from the 61 exit events in 2017, which was the highest year on record for exit activity. However, IoT exits are still on a general upward trend, with a 5-year CAGR of 31% from 2013 to 2018. Let’s see if the IoT exit activity in 2019 will jump back up to the 2017 level.