a. Connected device forecasts

Connected device forecasts

Number of connected autonomous devices/”things”. Forecasts 2014-2020 by Cisco, Ericsson, IDC, Gartner, Harbor, IHS, ABI.

b. Revenue forecasts

Generated revenue forecasts

Revenue generated from Internet of Things. Forecasts 2014-2020 by IDC, Visiongain, Harbor, Markets&Markets, Gartner.

c. Economic impact forecasts

Economic value forecasts

Economic impact from the Internet of Things. Forecasts 2014-2034 by McKinsey, GE, Cisco, Gartner.

d. Key takeaways:

For every person living on earth, there will be at least 2, maybe even 6 connected “things” by 2020.

Creating revenue opportunities for companies beyond what Apple, Google, and Facebook are selling together today.

Surpassing the economic output of Germany within the next 10 years.

2. Segment-specific forecasts

a. Market segments

Market segment overview

Application view: Internet of Things market segments. Consumer-facing vs. Business-facing. Home automation, lifestyle, Health, Retail, Mobility, Manufacturing, Public sector & commercial services, Energy, Smart Cities, Other

b. Market segment forecasts

Market segment forecasts

Market segment-specific forecasts for 2020. By Harbor, Cisco, IHS, Gartner.

c. Market segment surveys

IoT market segment surveys

Market segment specific surveys: IoT adoption and investments. By Cisco, The Economist, PWC.

d. Key takeaways

The IoT market potential for business-facing applications is larger than for consumer-facing applications

Manufacturing and Healthcare are the largest IoT market segments within business-facing applications

Specifically Oil&Gas as a subsegment of manufacturing is currently leading the IoT adoption along with the energy sector as well as applications in mobility and transportation

Within consumer-facing applications, Home automation will dominate the market in the next years (smart thermostats, security systems, and refrigerators). The wearable hype seems to be over.

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