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    Idc Market in A Minute Iot Infographic PDF

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    Pallavi Reddy
    The document discusses the Internet of Things (IoT) market. It defines IoT as networks of uniquely identifiable endpoints that communicate without human interaction using IP connectivity. The IoT market is made up of connected devices/systems, platforms for applications/analytics, and professional services and security. IDC estimates there were 9.1 billion IoT units installed in 2013, and expects the installed base to grow to 28.1 billion by 2020. While the IoT opens up opportunities, challenges include competing priorities in developing regions, global scalability issues, privacy/security concerns, and a nascent ecosystem for application development.

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    Idc Market in A Minute Iot Infographic PDF

    Uploaded by

    Pallavi Reddy
    39 views1 page
    The document discusses the Internet of Things (IoT) market. It defines IoT as networks of uniquely identifiable endpoints that communicate without human interaction using IP connectivity. The IoT market is made up of connected devices/systems, platforms for applications/analytics, and professional services and security. IDC estimates there were 9.1 billion IoT units installed in 2013, and expects the installed base to grow to 28.1 billion by 2020. While the IoT opens up opportunities, challenges include competing priorities in developing regions, global scalability issues, privacy/security concerns, and a nascent ecosystem for application development.

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    The document discusses the Internet of Things (IoT) market. It defines IoT as networks of uniquely identifiable endpoints that communicate without human interaction using IP connectivity. The IoT market is made up of connected devices/systems, platforms for applications/analytics, and professional services and security. IDC estimates there were 9.1 billion IoT units installed in 2013, and expects the installed base to grow to 28.1 billion by 2020. While the IoT opens up opportunities, challenges include competing priorities in developing regions, global scalability issues, privacy/security concerns, and a nascent ecosystem for application development.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    39 views1 page

    Idc Market in A Minute Iot Infographic PDF

    Uploaded by

    Pallavi Reddy
    The document discusses the Internet of Things (IoT) market. It defines IoT as networks of uniquely identifiable endpoints that communicate without human interaction using IP connectivity. The IoT market is made up of connected devices/systems, platforms for applications/analytics, and professional services and security. IDC estimates there were 9.1 billion IoT units installed in 2013, and expects the installed base to grow to 28.1 billion by 2020. While the IoT opens up opportunities, challenges include competing priorities in developing regions, global scalability issues, privacy/security concerns, and a nascent ecosystem for application development.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    IDC

    Market in
    a Minute :

    TM

    Internet of Things
    The Internet of Things (IoT) is a network of

    Professional Services
    and Security

    networks of uniquely identifiable endpoints (or "things") that


    communicate without human interaction using IP connectivity
    whether locally or globally.

    App
    What makes

    Ana

    IoT
    market?
    up the

    Pla

    lica

    tion

    lytic

    tfor

    s/s

    ms

    ocia

    llig

    si

    nes
    (D
    s
    appevice,
    ena ser v
    ivity
    ble ice,
    me an
    nt) d

    Con
    nec
    t

    Inte

    l bu

    ent

    sys

    tem

    s/d

    evic
    e

    7,065
    2020

    5,649

    3,782

    2019

    2017

    1,928
    2013

    2,712
    2015

    IoT Market
    Revenue ($B)

    IDC estimates that as of


    the end of 2013, there
    were 9.1

    billion IoT
    units installed

    Competing
    priorities in
    developing
    regions

    Global
    scalability

    IDC expects the installed


    base of IoT units to grow
    at a 17.5% CAGR over
    the forecast period to

    28.1 billion in 2020

    Privacy and Lack of


    security
    standards
    concerns

    Nascent
    ecosystem
    for application
    development

    IoT Market Challenges

    The IoT opens up many

    IT vendors to the consumer market


    and will create new business opportunities
    where ever electronic devices have a
    networking capability.

    Source: Worldwide and Regional Internet of Things (IoT) 20142020 Forecast:


    A Virtuous Circle of Proven Value and Demand

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