IoT Market

Find and compare IoT growth projections. Filter by Country, industry vertical, and historic charts by year...

The following Channel Guide will:

  • Help you you drill down on Internet of Things growth projections by industry vertical (Enterprise, Healthcare, Analytics, Industrial and Software)
  • See analyst connected product device growth by Country (China, India, US, UK)
  • Filter based on specific analyst reports (IDC, Gartner, Machina, etc)

By Industry



Publisher Title Highlights Price Published
QY Research Global Internet Of Things (IOT) Microcontrollers Market Research Report 2021
$2900 7/2016
Mind Commerce Sensors and Intelligent End-point Devices in IoT: Market Analysis and Forecast 2016 - 2021 - Sensors deployed in IIoT will comprise 64% of total sensors used in IoT $1995 6/2016

IoT Gateways

Publisher Title Highlights Price Published
Markets & Markets IoT Gateway Market by Nodes, by Connectivity Technology, by Component, by End-Use and Geography - Global Forecast to 2022 - Expected reach USD 12.64 Billion by 2022, at a CAGR of 14.2% between 2016 and 2022. $7150 3/2016
VDC The Global Market for M2M & Intelligent Gateways
- Global market for gateway devices is expected to reach $900M in 2019, up from $500M in 2014, a 12.9% CAGR. 2014

IoT Software

Publisher Title Highlights Price Published
VisionMobile Opensource and the IoT
$2950 4/2016

Cloud Platforms

Publisher Title Highlights Price Published
Markets & Markets IoT Cloud Platform Market Global Forecast to 2021 - Estimated to grow from USD 1.88 Billion in 2016 to USD 7.15 Billion by 2021, at CAGR of 30.6% during the forecast period (base year is 2015 and the forecast period is from 2016 to 2021). $5650 10/2016
Berg Insight IoT Platforms and Software – 2nd Edition - IoT platforms will grow at a compound annual growth rate (CAGR) of 30.8 percent from € 610 million in 2015 to € 3.05 billion in 2021. $1300 8/2016
IoT Analytics IoT Platforms: Market Report 2015-2021
$1899 1/2016

Connectivity: Cellular IoT Forecasts

Publisher Title Highlights Price Published
Research and Markets Industrial IoT and 5G: Emerging Technologies, Solutions, Market Outlook and Forecasts
$1995 9/2016
Orbis Research Internet of Things (IoT) WAN Market Analysis and Forecasts 2016 - 2021 - Extended Coverage-GSM-IoT (EC-GSM-IoT) will lead Cellular IoT WAN revenue with 40% market share by 2021
- The greatest revenue potential for IoT WANs will be from Industrial Internet of Things (IIoT) followed by smart citi
$1995 9/2016
Berg Insight The Global M2M/IoT Communications Market
- Until 2020, the number of cellular M2M subscribers is forecasted to grow at CAGR of 22.9 percent to reach 744.2 million at the end of the period.
- During the same period, cellular M2M network revenues are forecasted to grow at a CAGR of 23.3 percent from € 8.0 billion in 2015 to approximately € 22.8 billion in 2020.
-Monthly ARPU is expected to remain stable at around € 2.50

$1200 4/2016
Compass Intelligence Compass Intelligence US Cellular IoT Forecast, 2014-2020 - Overall IoT Connections (Cellular) to grow from 42.0 million connections at the end of 2014 to 203.1 million connections in 2020 at a compound annual growth rate (CAGR) of 30 percent. Subscription based 6/2015
Machina Research M2M Global Forecast & Analysis 2014-24 - The total number of M2M connections will grow from 5 billion in 2014 to 27 billion in 2024, a CAGR of 18%.
- Cellular connections will grow from 256 million at the end of 2014 to 2.2 billion by 2024, of which the majority will be LTE. Just over 50% of those cellular connections will be in the ‘Connected Car’ sector.
Subscription based 6/2015
GSMA Cellular M2M forecasts and assumptions: 2010-2020 - Global cellular M2M connections will reach close to one billion by 2020, growing at 25% per year (CAGR) over the period 2015 to 2020.
- The study highlights several factors that could stimulate further growth in the sector, potentially leading to as many as two billion cellular M2M connections by 2020

Free 10/2014

Connectivity: LPWAN Forecasts

Publisher Title Highlights Price Published
Infoholic Research LPWAN Market Forecast 2016-2022
- LPWAN market will grow at a CAGR of 90.0% during the forecast period 2016–2022. $3500 12/2015
Machina Research LPWA Will Dominate Wide Area Wireless Connectivity For M2M By 2023 - By 2023, there will be over 3 billion LPWA M2M connections Sub 2/2015
Strategy Analyitcs Low Power Wide Area (LPWA) Networks Technologies Players Opportunities - LPWA Connections will grow from 11 million in 2014 to just over 5 Billion in 2022
- The largest revenue generating opportunity in LPWA by 2022 will be in Asia-Pacific at $4.6 Billion

Sub 8/2014
Analysys Mason Low-powered wireless solutions potential - LPWA services can target a market of more than 3 billion M2M connections worldwide by 2023, and generate over USD10 billion from connectivity revenue alone. Free 11/2014



Publisher Title Highlights Price Published
QY Research Global Internet Of Things (IOT) Microcontrollers Market Research Report 2021
$2900 7/2016
Mind Commerce Sensors and Intelligent End-point Devices in IoT: Market Analysis and Forecast 2016 - 2021 - Sensors deployed in IIoT will comprise 64% of total sensors used in IoT $1995 6/2016


Publisher Title Highlights Price Published
Orbis Research Artificial Intelligence 2016 - 2021
$2995 8/2016
Transparency Market Research Artificial Intelligence Market 2016 - 2024 - 2015 global market for AI was worth US$126.24 bn and is projected to reach a value of US$3,061.35 bn by the end of 2024. (36.10% CAGR between 2016 and 2024) $5750 5/2016


Publisher Title Highlights Price Published
Persistence Market Research IoT Security Market: Global Industry Analysis and Forecast 2015 - 2021
$4000 12/2016
Markets and Markets Internet of Things (IoT) Security Market Global Forecast to 2021 - USD 7.90 Billion in 2016
- CAGR of 36.1% to 2021
$7150 6/2016
Technavio Global Internet of Things Security Market 2016-2020 - CAGR of 55.01% during the period 2016-2020 $2500 3/2016
FMI Internet of Things (IoT) Security Products Market 2015 - 2020 - Global IoT security products market was valued at US$ 7.8 Bn in 2014 and is expected to increase at a CAGR of 16.5% during the forecast period (2015 -2020)
- The hardware sub-segment was valued at US$ 3.9 Bn in 2014 and is anticipated to register a CAGR of 15.9% during the forecast period.
- Global IoT security products market was valued at US$ 3.9 Bn in 2014 and is anticipated to register a CAGR of 17.2% during the forecast period.
$5000 2/2016
Technavio Global IoT Security Market 2015-2019 - CAGR of 54.93% over the period 2014-2019 $2250 5/2015


IoT Healthcare Market Forecasts
Publisher Title Highlights Price Published
Rockville Research Global Internet of Things (IoT) Healthcare Market Outlook 2020
$900 9/2016
Allied Market Research Internet of Things (IoT) Healthcare Market- Global Opportunity Analysis and Industry Forecast, 2014- 2021 - (IoT) healthcare market is expected to reach $136.8 billion by 2021, registering a CAGR of 12.5% between 2015 and 2021
- Patient monitoring application segment is expected to maintain its lead position with $72.7 billion by 2021
- Evaluated at $60.4 billion in 2014, and is estimated to garner $136.8 billion by 2021, registering a CAGR of 12.5%

$4750 2/2016
Markets and Markets IoT Healthcare Market Global Forecast to 2020 - USD 32.4 Billion in 2015
- CAGR of 38.1 %
$7150 10/2015
IoT Agriculture
Publisher Title Highlights Price Published
Orbis Research IoT in Agriculture: Market Analysis and Forecasts 2016 - 2021

$1995 9/2016


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Publisher Title Highlights Price Published
Memoori Building Performance Software 2016 to 2020 - Smart Buildings generated $12.72Bn in 2015
- Energy Software accounts for over 50% of the market, at $6.46Bn in 2015
- CAGR of 8.1% per annum
- Grow from $110.9Bn in 2014 to $181.1Bn in 2020, with Physical Security, Lighting Control and Fire Detection & Safety representing the 3 largest segments.
$999 Q2 2016

Smart Lighting

Publisher Title Highlights Price Published
northeast group Global LED and Smart Street Lighting: Market Forecast (2016 – 2026)
$4750 10/2016
Insight Partners Smart Lighting Market to 2025
$3900 6/2016

Smart Home

Publisher Title Highlights Price Published
Mind Commerce Connected Home and IoT: Market Opportunities and Forecasts 2016 - 2021 - $133 billion by 2021 with a CAGR of 27.2% $4995 3/2016
NextMarket Research A Market Analysis of The Consumer Smart Irrigation Market


Publisher Title Highlights Price Published
Technavio Global IoT Market In The Transportation Sector 2016-2020 - CAGR of almost 17% by 2020 $2500 6/2016
Markets & Markets IoT Market in Intelligent Transportation Systems Analysis & Forecast to 2014 - 2020 - The IoT market in intelligent transportation systems is expected to reach $143.93 billion by 2020 at an estimated CAGR of 8.95% from 2014 to 2020. $5650 4/2015
GSMA 2025 Every Car Connected - Based on the above segmentations of revenue, SBD forecasts that the automotive embedded telematics market will grow at CAGR of 24.6% over the next 15 years to reach €20 billion by 2025 Free 2/2012


Publisher Title Highlights Price Published
IndustryARC Industrial Internet of Things Forecast 2016-2021 - Projected to reach $123.8 billion by 2021; the market is forecast to grow at a CAGR of 21% through 2016 to 2021 $4250 6/2016
Harbor Research Industrial Market Report 2015 - 2020

Accenture How the Industrial Internet of Things can drive progress and prosperity - In the 20 countries we analyzed, current policy and investment trends in IIoT products and technologies point to cumulative real GDP contributions of US$10.6 trillion by 2030.
-With greater investment and the enactment of key measures to absorb IIoT technologies, that figure could rise to US$14.2 trillion.
Free 2015
TechNavio Global Industrial IoT Market: Research Report 2015-2019 - CAGR of around 27% in the next four years $2375 9/2015
Mind Commerce Industrial Internet of Things Market Forecasts 2015 – 2020
$1995 3/2015


Publisher Title Highlights Price Published
Scalar Market Research Wearable Technology Market Global Revenue, Trends, Growth, Share, Size and Forecast to 2021 - Market worth USD 28.89 billion in 2016 and expected to reach USD 71.23 billion by 2021, growing at a CAGR of 18.9% from 2016 to 2021 $3950 10/2016
WiFore The Market for Smart Wearable Technology - From around $600 million in 2013, it is accelerating. It should reach just over $4 billion this year and exceed $14 billion in 2017, then double to reach $30 billion in 2020 Free 7/2015
Markets & Markets Wearable Computing Market Global Forecast to 2020 - Expected to reach $34.61 billion by 2020, at aCAGR of 20.7% between 2015 and 2020. $5650 6/2015
NextMarket Research Smartwatch Forecast 2013-2020

By Country


TechNavio: Internet Of Things (Iot) Market In China 2015-2019 ($2250 - 3/2015)
- Forecasts the IoT market in China to grow at a CAGR of 32.15 percent over the period 2014-2019.

Markets & Markets: China IoT Market by Hardware Global Forecast to 2022 ($5650 - 6/2016)

South Korea

The Ministry of Science, ICT and Future Planning has announced that South Korea's IoT market was worth 4.8125 trillion won ($3.97 billion) in 2015, a 28 percent jump from 2014's 3.7597 trillion won ($3.1 billion). - ZDNet Korea


Research and Markets: India Internet of Things (IoT) Market Forecast and Opportunities, 2020 ($2200 - 9/2015)
- IoT market in India is projected to grow at a CAGR over 28% during 2015 - 2020

TechSci Research:India Internet of Things (IoT) Market Forecast and Opportunities to 2020 ($2200 - 9/2015)
- CAGR over 28% during 2015 - 2020


Technavio: Russia Enterprise Application Iot Market 2015-2019 ($2375 - 11/2015)
- Russian market to reach USD 1470 million in revenues by 2019.


IoT Data Use Forecasts

Machina Research: IoT Global Forecast & Analysis 2015-2025
- By 2025, IoT will generate over 2 zettabytes of data, mostly generated by consumer electronics devices. However it will account for less than 1% of cellular data traffic. Cellular traffic is particularly generated by digital billboards, in-vehicle connectivity and CCTV.

Cisco: Global Cloud Index (GCI) (Free - 4/2016)
- Globally, the data created by Internet of Everything (IoE) devices will reach 507.5 ZB per year (42.3 ZB per month) by 2019, up from 134.5 ZB per year (11.2 ZB per month) in 2014.
- Globally, the data created by IoE devices will be 269 times higher than the amount of data being transmitted to data centers from end-user devices and 49 times higher than total data center traffic by 2019.

EMC / IDC: Digital Universe (Free - 4/2014)

- IoT devices represent 2% of the world’s data today. By 2020, that number will grow to 32 billion – representing 10% of the world’s data.

Additional resources


"but many people I talk to are as unimpressed as I am by forecasts of billions of connected devices and trillion dollar revenues. Eventually such figures become meaningless.Even worse, they actively damage future investments in machine-to-machine (M2M) communications, investments that still offer some of the brightest financial hopes for network operators worldwide........"

"In a world of exponential technology, things can move faster than our linear brains can fathom. If the number of connected things grew at twice Cisco’s predicted annualized rate, we’d have 223 billion connected things, or 12% of the total, by 2020. At a little less than quadruple Cisco’s forecast, we’d be talking 1.5 trillion connected things, or 82% of the total, by the end of the decade."

Related: Large Internet of Things Players, Internet of Things Companies, Internet of Things Investments

Older Forecasts:

Big Players:



"Looking to the future, Cisco IBSG predicts there will be 25 billion devices connected to the Internet by 2015 and 50 billion by 2020. It is important to note that these estimates do not take into account rapid advances in Internet or device technology; the numbers presented are based on what is known to be true today"

Full Report: 2011 IBSG Report (PDF)
Embracing the Internet of Everything To Capture Your Share of $14.4 Trillion
"IoE Creates $14.4 Trillion of Value at Stake for Companies and Industries"

"Cisco predicts that the IoE Value at Stake will be $14.4 trillion for companies and industries worldwide in the next decade. More specifically, over the next 10 years, the Value at Stake represents an opportunity to increase global corporate profits by about 21 percent.

In other words, between 2013 and 2022, $14.4 trillion of value (net profit) will be“up for grabs” for enterprises globally — driven by IoE. IoE will both create new value and redistribute (migrate) value among winners and laggards, based on how well companies take advantage of the opportunities presented by IoE. Those that harness IoE best will reap this value in either of two ways...."



Rise of the Embedded Internet
Published: 2009

"We are now on the threshold of a fourth phase in the evolution of the Internet. Intel calls this the Embedded Internet, a network space where billions of intelligent embedded devices will connect with larger computing systems, and to each other, without human intervention. In support of this concept, John Gantz of IDC forecasts 15 billion devices will be communicating over the network by the year 2015"

Full Report (PDF)
Intel: A guide to the Internet of Things
"Our IoT world is growing at a breathtaking pace -- from 2 billion objects in 2006 to a project 200 billion by 2020"

- Full Graphic


More Than 50 Billion Connected Devices
Published: Feb 2011

"The vision of more than 50 billion connected devices will see profound changes in the way people, businesses and society interact. With ubiquitous mobile broadband-enabled internet access, connectivity and networking are becoming completely independent of location. combined with falling prices for communication modules, connectivity services and embedded computing, the drivers for new services and functionality – broadband ubiquity, cost of connectivity, and openness and simplicity – will lead to more efficient business models and improved lifestyle for individuals and society.We are already heading full-speed towards connectivity for everyone. in 2010, more than twice as many connected devices as subscribers were added to carrier networks in the Us market."

To understand how the number of connected devices could reach more than 50 billion over the next decade, it is worth considering some high-level, macro-economic trends and statistics. As a few examples, by 2020 there will be:
  • 3 billion subscribers with sufficient means to buy information on a 24-hour basis to enhance their lifestyles and improve personal security. in mature markets, these customers will typically possess between 5-10 connected devices each.
  • 1.5 billion vehicles globally, not counting trams and railways.
  • 3 billion utility meters (electricity, water and gas).
  • A cumulative 100 billion processors shipped, each capable of processing information and communicating
Full Report (PDF)

Freescale & Arm

What the Internet of Things (IoT) Needs to Become a Reality
Published: September 2012

"Estimates of the future market size of the Internet of Things cover a broad range, but most pundits agree it will dwarf any other market. In mature markets today, the ultimate, pervasive consumer device is a mobile phone. Consider your own household, and count the number of mobile phones you currently have. Then count the number of windows, doors, electrical outlets, lights, appliances and heating and AC units you have. You’ll quickly see why the IoT market will surpass the mobile phone market, at least in the western world."

Full Report


Industrial Internet: Pushing the Boundariesof Minds and Machines
Published: November 2012

"To appreciate the scale of the opportunity of the Industrial Internet it is useful to first scale the global industrial system. How big is this system? The simple answer is very big. However, there is no single simple measure. We therefore suggest three different perspectives: economic share, energy requirements, and physical assets in terms of machines, facilities, fleets and networks.

....The compounding effects of even relatively small changes in efficiency across industries of massive global scale should not be ignored. As we have noted, even a one percent reduction in costs can lead to significant dollar savings when rolled up across industries and geographies. If the cost savings and efficiency gains of the Industrial Internet can boost US productivity growth by 1-1.5 percentage points, the benefit in terms of economic growth could be substantial, potentially translating to a gain of 25-40 percent of current per capita GDP. The Internet Revolution boosted productivity growth by 1.5 percentage points for a decade—given the evidence detailed in this paper, we believe the Industrial Internet has the potential to deliver similar gains, and over a longer period."

Full Report (PDF)



McKinsey Global Institute:

Disruptive technologies: Advances that will transform life, business, and the global economy
Published: May 2013

"We estimate the potential economic impact of the Internet of Things to be $2.7 trillion to $6.2 trillion per year by 2025 through use in a half-dozen major applications that we have sized. The largest impacts among sized applications would be in health care and manufacturing. Across the health-care applications we analyzed, Internet of Things technology could have an economic impact of $1.1 trillion to $2.5 trillion per year by 2025."

Full Overview - Report (PDF)

GSMA & Machina Research:

The Connected Life: A USD 4.5 trillion global impact in 2020
Published: Feb 2012

"The global business impact of the Connected Life can be split into two broad categories: ‘revenues’ and ‘cost reduction and service improvements’. In 2020, revenues from the sale of connected devices and services, and revenues from related services, such as pay-as-you-drive car insurance, will be worth US$2.5 trillion, US$1.2 trillion of which could be addressed by mobile operators and the remainder by the broader Connected Life ecosystem.

Cost reductions and service improvements relate to less direct, but tangible, benefits to organisations, governments and consumers through the evolution of the Connected Life. In 2020, this could be worth approximately US$2 trillion: US$1 trillion from cost reductions, such as smart meters removing the need for manual meter readings; and US$1 trillion from service improvements, such as clinical remote monitoring for patients with chronic illnesses."

Full Report (PDF)

the hammersmith group

The Internet of things: Networked objects and smart devices
Published: February 2010

"Michael Nelson, the former director of Internet Technology at IBM, and the former director of Technology Policy with the Federal Communications Commission, and advisor to Al Gore. Within 5-10 years, Nelson expects that 100 billion devices will be connected to the net. “Trying to determine the market size of the Internet of Things is like trying to calculate the market for plastics, circa 1940. At that time, it was difficult to imagine that plastics could be in everything. If you look at information processing in the same way, you begin to see the vast range of objects into which logic, processors, or actuators could be embedded.”

Full Report (PDF)

Arthur D. Little

Smart market-makers for the “Internet of Things
Published: Feb 2011

"The Internet of Things is a growing market. The revenue potential from services related to monitoring, managing and steering smart objects is very significant. To users of smart objects – such as connected cars, appliances and medical devices – it holds the promise of greater convenience and higher efficiency.

Unfortunately the industry is scattered today. Diverse types of hardware, software and service players are populating a fragmented value chain for smart solutions. For the market to really take off, innovative and influential players need to stand up and take the lead. Only their actions will enable the spread of easy-to-use and affordable smart solutions, just as Apple’s iPhone revolutionized and built the smartphone market."

Full Report (PDF)

Smith & Associates

M2M and Semi at the Core of The Internet of Things
Published: 2012

"IoT is not only at our doorstep, it is underway. This next wave of growth for devices, their components, and the service sector is bringing important and interesting challenges and opportunities for the entire industry. Noting that at the core of IoT is, necessarily, M2M, aides in understanding the importance of new growth for components that support this connectivity. A byproduct of this device component growth is the incredible data growth resulting from the device connectivity.

In short, while we may initially think of the "Internet of Things" as a consumer driven, smart wireless device, market phenomenon, what we are actually seeing is the initial steps into a next generation of component and device cycles. These new cycles are driven by the feature demands of IoT and the Big Data sets that are created out of the M2M connectivity that is IoT."

Full Article

Zebra Technologies / Forrester Consulting

Building Value from Visibility: 2012 Enterprise Internet of Things Adoption Outlook
Published: October 9th

"Momentum appears strong, as 15 percent of surveyed organizations across the globealready have an Internet of Things solution in place, 53 percent plan to implement onewithin the next 24 months, and another 14 percent in the next two to five years. o In looking at adoption by industry, 21 percent of transportation and logistics respondents noted they already have Internet of Things solutions in place. Only three percent of healthcare organizations have them in place"

Full Report

Paid Reports:


Harbor Research:

2013 Smart Systems Forecast Report
Published: 2013

"Our analysis and research is focused on understanding the strategic business implications of growth within the emerging Smart Systems arena.

We are particularly interested in answering the following fundamental questions:
  • What key forces are impacting adoption of Smart Systems, M2M and connected product solutions?
  • What devices and applications are driving intelligent device networking?What is the size and growth rate of the Smart Systems opportunity?
  • What managed services opportunities are developing by vertical market?
  • What are the evolving competitive dynamics in the Smart Systems arena?
  • What are the biggest unmet growth opportunities and biggest issues and hurdles are there in the market impacting adoption of Smart Services?"
More Details

Markets & Markets:

Published: September 2012

......The report provides in-depth market data for different industry verticals across the World. By 2017, the overall IoT & M2M Communication market, public safety & security and retail will be estimated to contribute maximum market share, i.e. 16.8% and 18.7% followed by consumer & residential, and IT & telecom at around 11.9% and 10.5%; industrial & commercial buildings 8.6%; Healthcare 7.7%. While, the energy & power, transportation, manufacturing, and other verticals with a forecast data at 7.1%, 7.1%, 6.8%, and 4.9%, respectively.

The report comprises of a thorough segmentation of the IoT & M2M Communication market.

More Details

Research and Markets:

Internet of Things Market in China 2012
Published: April 2012

"The market overview section provides the domestic market size and growth potential of IoT for the period 2010-2020. Furthermore, the report identifies major IoT hubs alongwith those cities having strong growth potential in the context of IoT in China. In addition, the report delves into the sectors of focus having IoT relevance in China followed by the advantages and disadvantages of IoT."

Report Details

ABI Research:

Cellular M2M Connectivity Services
Published: Q1 2012

"ABI Research expects cumulative cellular M2M connections to rise to 364.5 million globally by 2016.

The cellular M2M connectivity service market grew at a robust 26.2% in 2011, rising from 87.7 million cumulative connections in 2010 to 110.6 million cumulative connections globally in 2011. Despite the continuing global economic crisis, the cellular M2M market benefited from increasing numbers of mobile network operators launching M2M service offerings as their core voice/data services market grows increasingly mature and saturated. Likewise, strong growth, particularly in smart grid and automotive telematics programs, helped to drive overall cellular M2M connections and revenue."

Report Details

Machina Research:

M2M Global Forecast & Analysis 2011-22
Published: November 2012

- "Global M2M connections will increase from two billion at the end of 2011 to 18 billion at the end of 2022. Connections will be dominated by two sectors: consumer electronics (including cameras, music players and TVs) and intelligent buildings (e.g. security and HVAC systems). Between them they will account for almost 70% of the total."

- "Short range technology will dominate: 73% of M2M devices will be connected by short-range technologies, mostly WiFi. Cellular/wireless wide area network (WWAN) connections will grow from 146 million at the end of 2011 to 2.6 billion in 2022. The most important WWAN sector is Automotive (including pay-as-you-drive insurance, emergency/eCall and security and tracking), accounting for 60% of connections. At the end of 2011 M2M accounted for 2% of cellular connections. By 2020 this will reach 22%."

Report Details

Companies and Markets

Internet of Things & M2M Markets: Worldwide Market Forecasts 2012-2017
Published: 2012

"The internet of things and machine to machine communications sectors are projected to be the fastest growing technology segments of the Information Technology (IT) sector in the next 3 to 5 years, with a significant potential investments from companies to secure their computing environment.

IoT & M2M communication market in 2011 was worth $44.0 billion, and is expected to grow $290.0 billion by 2017. It is expected to have an increasing CAGR of 30.1% from 2012 to 2017.'

Report Details



Worldwide Internet of Things Spending by Vertical Market 2014–2017 Forecast
Published: Feb 2014

"IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries.

The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already "understand" IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity."

Report Details
Worldwide and Regional Internet of Things (IoT) 2014–2020 Forecast: A Virtuous Circle of Proven Value and Demand
Published: May 2014


Forecast: The Internet of Things, Worldwide, 2013
Published: Dec 2013

"The Internet of Things will include 26 billion units installed by 2020. IoT product and service suppliers will generate incremental revenue exceeding $300 billion, mostly in services, in 2020.

It will result in $1.9 trillion in global economic value-add through sales into diverse end markets."

Report Details


INTERNET OF THINGS (IOT) MARKET 2014-2024: Wireless Machine to Machine (M2M) Connectivity, Enterprise & Consumer Connected Devices & Objects Ecosystem
Published: April 2014

"Visiongain believes that 2014 will be a pivotal year and one of significant growth for the Internet of Things as companies address increasing demands from both consumers and enterprises for full-time connectivity and the government initiatives that support greater mobile connectivity. As a consequence, Visiongain expects global Internet of Things revenues to reach $756.8 billion in 2014."

Report Details