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Tim Kannegieter

IOT Market Reports

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There are a few new market reports out on the state of the global IOT industry.

360 Market Updates is forecasting the IOT market to "grow at a CAGR of 35.97% during the period 2016-2020". I didn't purchase the report but the exec summary has an interesting list of the key vendors. More at: http://www.360marketupdates.com/global-internet-of-things-market-2016-2020-10290207

IDTechEx has an interesting discussion on the market. It says: "We do not repeat the mantra about tens of billions of nodes being deployed in only a few years. The many analysts sticking to such euphoria ignore the fact that, contrary to their expectation, very little IoT was deployed in 2016. They are "bubble pushing" with their forecasts, predicting ever steeper takeoff, now a physical impossibility.   However, our ongoing global travel, interviews, conferences and research by our multi-lingual PhD level analysts located across the world does lead us to believe that a large market will eventually emerge." In particular, it argues that IOT "nodes" (being the devices themselves) are being rapidly comoditised and that "the money will lie in the systems, software and support." Read more at: http://www.idtechex.com/research/reports/internet-of-things-iot-2017-2027-000499.asp

 

 

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