For the first time since 2017 Gartner has updated its forecasts for the number of IoT devices in use in enterprises and the automotive industry (including connected cars) to 5.81 billion in total by the end of 2020, and issued some market-specific forecasts out to 2028. The latest forecast also leverages Gartner’s November 2016 acquisition of […]
Aussie IoT in the home spend tipped to top $200m in 2020
Frost & Sullivan is tipping the Australian market for IoT in the home market to be worth $200m by 2020, with security and energy management systems accounting for the majority of revenue. “IoT in the home market in Australia is still in its early stages of growth as consumers have yet fully adopted smart home […]
The black art of IoT forecasting
I’ve long been suspicious of IoT forecasting, especially value-related forecasts. For one thing, forecasters rarely define what they are forecasting with sufficient precision for those forecasts to be meaningful, and they never reveal the underlying assumptions of their methodology. Now one organisation, Beacham Research, is doing a “The Emperor Has No Clothes” thing and casting […]
IoT growth falters, says IoT M2M Council
If you read most of the predictions about IoT it is on an untrammelled growth path to gazillions of connected devices, but the UK based IoT M2M Council says it has identified a slow down in growth rates, at least in the short term. The organisation has a revealed the second of what will become […]
Gartner predicts big role for cars in IoT’s future
Gartner has issued a set of predictions for the IoT in 2015. The full 10 page report is available, price $US495, from the Gartner web site. Here are some highlights By 2020, there will be a quarter billion connected vehicles (one fifth of all vehicles on the road). “This will have implications across the major […]