Internet of Things will move $ 1.7 trillion by 2020


29.5 million devices connected are expected by the end of the decade. Intel Capital tops the list of the fastest invest in startups IoT

The global market for Internet of Things is expected to grow from $ 655.8 billion in 2014 to $ 1.7 trillion in 2020, projects IDC. The company predicts that the number of connected devices will advance 10.3 million in addition to the 29.5 million in the six- year interval.

Devices, connectivity and IT services will account for most of the amount transacted. Platforms offers for specific purposes, storage, security and software as a service also will account for a large percentage of sales, assesses the consultancy.

As the ecosystem of the Internet of Things continues to grow, companies must increase the search for platforms and services to help in the management and real-time analysis of data coming flows of connected cars, thermostats and smartwatches, expanding the boundaries of the CIO´s world.

The increasing number of devices IoT is due to a reduction in parts cost sensors, improved connectivity and increased data processing power. Different devices will be managed by the same infrastructure, highlighting the need for common standards. The collaboration with a number of shareholders will be crucial.

Who invest in this market? 

From smart thermometers to diverse connected appliances, the ecosystem of the Internet of Things is expanding with a series of new applications and technologies. The CB Insights set up a list of companies that have contributed financial resources in companies linked to the concept. Intel Capital leads the ranking.

The chip giant’s investment arm is followed by the funds Sequoia Capital and True Ventures. In fourth place appears another manufacturer of components: Qualcomm Ventures. Also in IT, consulting highlights the Cisco Investments, placed eighth among the most support startups IoT.

Source: CIO NBusiness

We are experts in:

Government Sales

End-to-end solutions, focused on the ICT industry

International Business Development

Sales as a service and initial operation, focused on the aerospace, medical devices, and ICT segments


Representação do Governo de Connecticut no Brasil


  • With Paseli, we created in Latin America a pipeline of USD 6 million with 150 qualified leads, with no we need to invest in establishing an office, hiring and training local staff," Mauricio Costa, commercial director of OpenLink in Brazil, global developer of software solutions.

    Maurício Costa

    Commercial director OpenLink in Brazil, global developer of software solutions

  • I am very impressed with the capacity and speed that the consultancy understood our business needs and offered a service proposal in line with our budget.

    Jean Pierre Filion

    Vice president of Global Business XMedius, a leading global provider of enterprise-grade solutions for Secure Document Exchange

  • Paseli volunteered and changed the scope of work and the products that we needed, keeping the quality. All we have received so far exceeded our expectations.

    Nena Lentini

    Director of the CDC Brazil programs CDC Brazil, operating agency of the Department of Health and Human Services of the United States

  • The agenda set up for this visit was impressive. The consultants know the next steps, know what should be taken care of in Brazil and also in Connecticut.

    Jason Giulietti

    Vice president of Business Recruitment Connecticut Economic Resource Center (CERC), the agency that promotes economic development in Connecticut

  • Our intention was to test the market of software factories in São Paulo to learn about companies' needs, so we could concrete our expansion plan. We also wanted to try the model of outsourcing the sales force, thus we chose Paseli to be our sales representative in the region.

    Reno de Brito Pereira

    Director Polisys Computer, recognized software manufacturer in the Midwest

  • My expectation was fully met! The idea was to know the types of support that we would have during the phase of internationalization and business development in Connecticut - and this was very well done during this week of matchmaking organized by Paseli.

    Luiz Tanaka

    Commercial Director Saipher - Air Traffic Control and Management Systems

  • The support given to us by Paseli was very important and the allocated staff was very responsive during all processes.

    José Lima

    Director Sales & Operations Thomson Reuters, multinational with 60,000 employees in more than 100 countries


More news


Subscribe with your mail and get our news