This IDC study analyzes the worldwide opportunity for the burgeoning "Internet of Things" (IoT) market. It provides a market outlook for 2013–2020 and sets the forecast within the context of the IoT ecosystem including intelligent systems, connectivity services, platforms, analytics, and vertical applications in addition to the security and professional services required to build out a complete picture. The study discusses the key market trends contributing to the growth of the IoT on a worldwide basis. A forecast of installed "things" and revenue is included.
"The momentum of the Internet of Things is driven by several factors. It is without a doubt that business and consumer demand exists and will continue to expend for the Internet of Things solutions," said Carrie MacGillivray, program vice president, Mobile Services, IoT and Infrastructure. "It is important to remember that while the market for the Internet of Things is just in its infancy, there is a long legacy of autonomously wired connected things. The enabler for increased growth over the forecast period is the pervasiveness of wireless connectivity and ubiquitous access to the Internet regardless of location."
Analytic applications, Big Data analytics and discovery, Broadband, Disaster recovery, Ethernet switch, Global IT and economic markets, Internet of things, Networked consumer devices, Networking services, Networks, Routers, Security management, Telecommunications infrastructure, VoIP, Wireless LAN infrastructure, Wireless and mobile infrastructure