In this paper, we test two forecasting models, Fisher-Pry and Gompertz, to predict IoT maturity level, and find that Fisher-Pry is the most suitable model. We also compare the maturity level across 5 top countries in IoT technology and discover that China is the driving force of IoT technology development with the most number of patents filings and second highest publications rate. Fisher-Pry models, based on publications and on patents, are both identical, reflecting that intensive research efforts and the industry adoption have been developing simultaneously.
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Department of Management Information Systems, Seowon University,Cheongju, KoreaDepartment of Knowledge Service & Consulting, Hansung University,Seoul, Korea
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Korea Inst Sci & Technol Informat, Ctr R&D Investment & Strategy Res, 66 Hoegi Ro, Seoul 02456, South KoreaKorea Inst Sci & Technol Informat, Ctr R&D Investment & Strategy Res, 66 Hoegi Ro, Seoul 02456, South Korea
Kim, Juram
Hong, Suckwon
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Ulsan Natl Inst Sci & Technol, Sch Business Adm, 50 UNIST Gil, Ulsan 44919, South KoreaKorea Inst Sci & Technol Informat, Ctr R&D Investment & Strategy Res, 66 Hoegi Ro, Seoul 02456, South Korea
Hong, Suckwon
Kang, Yubin
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Sogang Univ, Grad Sch Management Technol, 35 Baekbeom Ro, Seoul 04107, South KoreaKorea Inst Sci & Technol Informat, Ctr R&D Investment & Strategy Res, 66 Hoegi Ro, Seoul 02456, South Korea
Kang, Yubin
Lee, Changyong
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Korea Univ, Dept Publ Adm, 145 Anam Ro, Seoul 02841, South KoreaKorea Inst Sci & Technol Informat, Ctr R&D Investment & Strategy Res, 66 Hoegi Ro, Seoul 02456, South Korea
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Korea Univ, Dept Ind & Management Engn, 145 Anam Ro, Seoul 02841, South KoreaKorea Univ, Dept Ind & Management Engn, 145 Anam Ro, Seoul 02841, South Korea
Chun, Eunsuk
Jun, Sungchan
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Gyeonggi Res Inst, Dept Transportat & Logist, Suwon 1150, South KoreaKorea Univ, Dept Ind & Management Engn, 145 Anam Ro, Seoul 02841, South Korea
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Korea Intellectual Property Strategy Inst, Dept Business Consulting, Seoul 135980, South KoreaKorea Intellectual Property Strategy Inst, Dept Business Consulting, Seoul 135980, South Korea
Han, Kyunam
Shin, Juneseuk
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Sungkyunkwan Univ, Dept Syst Management Engn, Kyonggi Do 440746, South KoreaKorea Intellectual Property Strategy Inst, Dept Business Consulting, Seoul 135980, South Korea
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Putian Univ, Sch Informat Engn, Putian 351100, Peoples R ChinaPutian Univ, Sch Informat Engn, Putian 351100, Peoples R China
Gao, Fei
Chen, De-Li
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Putian Univ, Sch Informat Engn, Putian 351100, Peoples R ChinaPutian Univ, Sch Informat Engn, Putian 351100, Peoples R China
Chen, De-Li
Weng, Min-Hang
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Putian Univ, Sch Informat Engn, Putian 351100, Peoples R ChinaPutian Univ, Sch Informat Engn, Putian 351100, Peoples R China
Weng, Min-Hang
Yang, Ru-Yuan
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Natl Pingtung Univ Sci & Technol, Grad Inst Mat Engn, Neipu 912, Pingtung County, TaiwanPutian Univ, Sch Informat Engn, Putian 351100, Peoples R China