Why IOTA will be worth at least $100 within 5 years
The full article was originally published by Fev on Medium. Read the full article here.
Every groundbreaking technology has a slow start but a booming finish.
Every little sensor will create sellable value. And IOTA is the way to make it sellable and buyable. Companies want to buy this information because it will help to reduce their cost significantly. To buy those data full of valuable information they need the IOTA token. The biggest demand will come from the biggest companies who want to make more profit and reduce their costs in the most efficient way. Especially the insurance and health industry will benefit from this.
Any #iot company not accumulating #IOTA this year will be significantly less relevant in 10 years. #IOTA will define which iot protocol matters in the future. The tech is groundbreaking. A multiple trillion dollar market is waiting for those companies who do accumulate #IOTA. @Fevzii
My expectation is that IOTA will at least cover 20% of the IoT market value in 2025. That’s a value of $300 billion. If we divide that over the IOTA supply (2.78 billion MIOTA)than we get a price of $107,95 per MIOTA.
The question is why do I think that IOTA will at least cover 20% of the market in 2025?
IoT market growth will be driven primarily by Manufacturing and Automotive industries’ reliance on connected unit product strategies, with Transportation & Logistics forming the largest share of industry-specific IoT revenue.
IOTA is the biggest player that is involved with the biggest car and manufacturing companies in the world. IoT market growth will be driven primarily by these companies! Read carefully. The growth that has to be created in IoT will primarily be created by these companies which are implementing IOTA right at this moment (text continues after the videos):