Gartner Research

Forecast Analysis: Internet of Things, Endpoints and Associated Services, Worldwide, 2014 Update

Published: 02 December 2014

ID: G00270263

Analyst(s): Peter Middleton , Angela McIntyre, Thilo Koslowski

Summary

Endpoints of the IoT will grow at a 35% CAGR from 2013 through 2020, reaching an installed base of 25 billion units, with over half of them consumer applications. IoT will support total service spending of about $263 billion in 2020; most of this spending will occur in the professional domain.

Table Of Contents
  • Overview
  • Companion Documents

Forecast Data

Market Impact

  • Total Installed Base of 25 Billion Endpoint Units in 2020
  • Overall IoT Endpoint Unit Shipments Exceed 8 Billion in 2020
  • Installed Base of Endpoints by Subcategory: The Internet of Very Different Things
  • Top Business Applications
  • IoT Services Forecast: Professional Services Segment Is the Biggest Opportunity

Assumptions

  • Market Penetration
    • Overall
    • LEDs
    • Business Use of IoT
    • Consumer Use of IoT
  • Wearables
  • Automotive
  • Consumer Services
  • Professional Services
  • Connectivity Services

Methodology

  • Definitions
    • IoT
    • Operational Technology (OT)
    • Smart City
    • Implications of the IoT Definition
    • IoT Unit Forecasts

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