Forecast: The Internet of Things, Worldwide, 2013

Archived Published: 18 November 2013 ID: G00259115

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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.

Table of Contents

  • Forecast Data
  • Analysis
    • IoT Will Bring New Supplier Opportunities and Add Global Economic Value
      • Supplier Revenue Opportunity
      • Economic Value-Add
  • Assumptions
    • Market Penetration
    • Cost Structure
    • Business Models
  • Forecast Methodology
    • Definition of a "Thing"
    • Value-Add Forecast/Hindcast Approach
      • 2020 Market Size Based on Three-Way Comparison
      • Long-Tail Product Category Analysis
      • Number-per-Population Study
      • Economic Envelope
  • Gartner Recommended Reading
© 2013 Gartner, Inc. and/or its Affiliates. All Rights Reserved. Reproduction and distribution of this publication in any form without prior written permission is forbidden. The information contained herein has been obtained from sources believed to be reliable. Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartners research may discuss legal issues related to the information technology business, Gartner does not provide legal advice or services and its research should not be construed or used as such. Gartner shall have no liability for errors, omissions or inadequacies in the information contained herein or for interpretations thereof. The opinions expressed herein are subject to change without notice.

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