The market for networked connected devices is evolving and could generate economic value of up to $11.1 trillion per year by 2025, McKinsey estimates. McKinsey researchers analyzed 150 use cases and zoomed in on the full potential of IoT, not only in vertical industries, but also on how these infrastructures can add real value for settings such as factories (operations management, predictive maintenance), cities (public safety and health, traffic control, resource management), the human setting (monitoring and managing illness, improving wellness), retail (self-checkout, layout optimization, smart customer-relationship management)”]