Gartner Research

Forecast Analysis: Internet of Things — Services, Worldwide, 2015 Update

Published: 04 January 2016

ID: G00290512

Analyst(s): Thilo Koslowski, Peter Middleton

Summary

Total service spending (including professional, consumer and connectivity services) will reach $482 billion in 2020, growing at a 21% CAGR from 2013. Services are dominated by the professional category; however, connectivity services and consumer services will grow at a faster pace.

Table Of Contents
  • Overview
  • Companion Documents

Forecast Data

Market Impact

  • IoT Services Forecast: Professional Services Segment Is the Biggest Opportunity
  • Incremental Connectivity Services Segment Will Be Relatively Small
  • Consumers Will Tend to Stay With Free Apps
  • Manufacturing & Natural Resources Drives Significant Service Spending

Assumptions

  • Consumer Services
  • Automotive
  • Professional Services
  • Connectivity Services

Methodology

  • Consumer Services
  • Professional Services
  • Connectivity Services

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