9 settings have Vehicles Human Offices $4-11T of Autonomous vehicles Health and fitness Security and energy and condition-based maintenance $170B-1.6T $70-150B potential $210-740B economic impact Cities Worksites Factories Public health Operations optimization/ Operations and equipment from IoT… and transportation health and safety optimization $930B-1.7T $160-930B $1.2-3.7T ¾ industrial ~ Outside Home Retail environments or enterprise Logistics and navigation Chore automation and security Automated checkout $560-850B $200-350B $410B-1.2T Source: McKinsey Global Institute McKinsey & Company 6 Research on IoT