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Nov 2016 - IDC FutureScape - Doc # US40755816

IDC FutureScape: Worldwide Internet of Things 2017 Predictions

Table of Contents

IDC FutureScape Figure

Figure: IDC FutureScape: Worldwide Internet of Things 2017 Top 10 Predictions

Executive Summary

IDC FutureScape Predictions

Table: Key Elements of an IDC Prediction

Summary of External Drivers

Predictions: Impact on Technology Buyers

Prediction 1: By 2018, the "Open Data Platform" Will Emerge as the Next Frontier in Platform Discussions, Causing Confusion for Enterprises That Already Invested in IoT Platform Solutions

Associated Drivers

IT Impact

Guidance

Prediction 2: Despite Hype on the Benefits of Low-Power Wide Area Networks, such as LoRa and Sigfox, Its Unlicensed Spectrum and Lack of Quality of Service Will Cause Companies to Focus It on Noncritical Applications — with 3% Deploying by 2018

Associated Drivers

IT Impact

Guidance

Prediction 3: By 2018, Investments in Operational Sensing Through IoT and Situational Awareness Via Analytics Will Deliver 30% Improvement in Critical Process Cycle Times

Associated Drivers

IT Impact

Guidance

Prediction 4: By 2019, as IoT Adoption Grows in Major Industry, Government, and Consumer Sectors, 20% of All IoT Deployments Will Have Basic Levels of Blockchain Services Enabled

Associated Drivers

IT Impact

Guidance

Prediction 5: By 2019, More than 75% of IoT Device Manufacturers Will Improve Their Security and Privacy Capabilities, Making Them More Trustworthy Partners for Technology Buyers

Associated Drivers

IT Impact

Guidance

Prediction 6: In 2017, Connected Vehicles, Insurance Telematics, Personal Wellness, and Smart Buildings Will Be Four IoT Use Cases in the Spotlight Across All Worldwide Regions, Accounting for $96 Billion in Spending

Associated Drivers

IT Impact

Guidance

Prediction 7: As Adoption of IoT Grows, 75% of IoT Adopters Will Turn to Outside Firms for Help in Strategy, Planning, Development, Implementation, and/or Management of These Initiatives

Associated Drivers

IT Impact

Guidance

Prediction 8: By 2019, at Least 40% of IoT-Created Data Will Be Stored, Processed, Analyzed, and Acted Upon Close to, or at the Edge of, the Network

Associated Drivers

IT Impact

Guidance

Prediction 9: By 2019, 40% of Local and Regional Governments Will Use IoT to Turn Infrastructure Like Roads, Streetlights, and Traffic Signals into Assets Instead of Liabilities

Associated Drivers

IT Impact

Guidance

Prediction 10: By 2019, All Effective IoT Efforts Will Merge Streaming Analytics with Machine Learning Trained on Data Lakes, Marts, and Content Stores, Accelerated by Discrete or Integrated Processors

Associated Drivers

IT Impact

Guidance

Advice for Technology Buyers

External Drivers: Detail

DX: Technology-Centric Transformation Altering Business and Society

New Funding Models: Accelerating Disruption and Innovation

Everything, Everywhere: The Rise of Computer-Based Intelligence

Disruptive Fault Lines: Security, Privacy, and Regulation

Shifting Economics: Data as Digital Capital

Materialization: Revolutionizing Industrial and Commercial Processes

Platform Economy: The Ecosystem Battle for Scale

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Related Research

Referencing Documents

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