about $9 trillion ($8,852 billion USD) by 2020, which is an
anticipated growth rate of 7.9 percent, year over year.7
According to the 2014 ISACA Risk/Reward Barometer,
a survey of global ISACA members in 110 countries, 43
percent of businesses are already addressing IoT: 28
percent already have plans in place to leverage IoT, while
another 15 percent will be creating those plans in the
next 12 months (see figure 1).8
7 Lund, Denise; Carrie MacGillivray; Vernon Turner; Mario Morales; “Worldwide Internet of Things (IoT) 2013–2020 Forecast: Billions of Things, Trillions of Dollars”, IDC,
May 2014, www.idc.com/getdoc.jsp?containerId=243661
8 ISACA,