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The Internet of Things

The Internet of Things

The global market for Internet of Things (IoT) devices and chipsets reached nearly $4.2 billion in 2014. This market is expected to reach $6.6 billion by 2015 and nearly $49.2 billion by 2020, registering a compound annual growth rate (CAGR) of 49.3% from 2015 to 2020.

This report provides:
An overview of the global markets for the parts and technologies used to make the Internet of Things (IoT) devices.
Analyses of global market trends, with data from 2014, estimates for 2015, and CAGRs through 2020.
Coverage of major industry verticals including home automation, healthcare, industrial automation, smart energy, wearable technology, asset tracking and transportation, and connected vehicles.
A look at the technologies involved from both a software as well as hardware point of view.
Information on current state of the art of IoT devices and areas where market traction is predominant.
Profiles of key players in different segments along with market share information.


SCOPE OF REPORT

The IoT market is booming but lacks clear direction and many companies are trying to come up their own solutions. Top players such as Google, Samsung and Apple are creating products for which they see a market whereas many start-ups are coming up with novel ideas for technology adoption. The race is on to become vendor of choice.

The nature of IoT applications is limited only by one’s imagination. A list of overall applications for IoT includes segments such as:
Environments.
Wearable and smart devices.
Infrastructure management.
Industrial control and automation.
Energy management.
Medical systems.
Home automation.
Transportation.
Mining.
Smart cities.
Agriculture.

In addition, IoT devices offer two types of value propositions. First, there is the value added by the device in which the device itself is the vital link in a system that provides savings through efficient data capture, analysis and system calibration. An example of this is the Nest thermostat from Google’s Nest Labs subsidiary, which regulates temperature to enable power savings with proper calibration through integrated IT systems. Without the connected device (in this case the thermostat) there is no data capture to allow the IT system to properly analyze and calibrate energy usage.

The second IoT value proposition is the data itself. Google, for example, can collect the data usage of thousands of households using the Nest thermostat. Google can then sell that data to a wide range of companies that can then create targeted solution for these customers. This market aligns well with Google’s roots, because the aggregation and distribution of meaningful data in energy consumption is almost identical to what Google’s search engine provides to its users and sponsors.

In this report, BCC Research has focused on the value created by the devices rather than the analysis of data. In addition, the report highlights three verticals where there is significant traction today. These verticals are discussed and analyzed in detail, while the segments for the devices and chipsets used for IoT within them are sized and forecast in terms of revenue opportunity. These verticals include the smart home (home automation), industrial smart devices or industrial Internet of things (iIoT) and wearables (smart devices).

For each segment, the report provides:
Details of underlying technology.
An overall market description.
Growth forecasts and market trends.

The report also includes profiles of suppliers that are leaders in IoT innovation in their respective markets.

CHAPTER 1 INTRODUCTION
STUDY GOALS AND OBJECTIVES
REASONS FOR DOING THE STUDY
SCOPE OF REPORT
INTENDED AUDIENCE
INFORMATION SOURCES
ANALYST'S CREDENTIALS
RELATED BCC RESEARCH REPORTS
BCC RESEARCH WEBSITE
DISCLAIMER
CHAPTER 2 SUMMARY
SUMMARY TABLE GLOBAL MARKET FOR IOT DEVICES AND CHIPSETS, THROUGH 2020 ($ MILLIONS)
SUMMARY FIGURE GLOBAL MARKET FOR IOT DEVICES AND CHIPSETS, 2014-2020 ($ MILLIONS)
CHAPTER 3 OVERVIEW
FIGURE 1 AN IOT SYSTEM AT A GLANCE
CHAPTER 4 MARKET SEGMENTS
SMART DEVICES AND IOT
IOT SENSORS
TABLE 1 SENSORS USED IN VARIOUS APPLICATIONS
Proximity Sensors
Accelerometers
Temperature Sensors
Light Sensors
NETWORKING IN IOT DEVICES
WIRED NETWORKS
WIRELESS NETWORKS
TABLE 2 COMPUTER NETWORK TYPES
Types of Wireless Networks
Wireless PANs
Wireless LANs
Wireless Mesh Networks
Wireless MANs
Wireless WANs
Cellular Networks
CHOOSING WIRED VS. WIRELESS
Convenience
Interference, Absorption and Fading
Capacity
Power
POPULAR WIRELESS PROTOCOL STANDARDS FOR IOT DEVICES
ZigBee
Bluetooth
WiFi
Cellular Networks
Z-Wave
Bluetooth Smart
TABLE 3 POPULAR WIRELESS PROTOCOLS FOR IOT DEVICES
DESIGNING IOT DEVICES
FORM FACTOR
CONTEXT AWARENESS
POWER REQUIREMENTS
CHAPTER 5 APPLICATIONS
APPLICATIONS OF IOT
ENVIRONMENTAL
INFRASTRUCTURE MANAGEMENT
INDUSTRIAL CONTROL AND AUTOMATION
ENERGY MANAGEMENT
MEDICAL SYSTEMS
HOME AUTOMATION
TRANSPORTATION
AGRICULTURE
MINING
SMART CITIES
CURRENT STATE OF IOT MARKETS
TABLE 4 CURRENT STATUS OF IOT MARKETS
TABLE 5 GLOBAL MARKET FOR IOT DEVICES BY SEGMENT, THROUGH 2020 ($ MILLIONS)
TABLE 6 GLOBAL MARKET SHARE FOR IOT DEVICES BY SEGMENT, 2014 AND 2020 (%)
ISSUES AND CHALLENGES STEMMING FROM IOT
PRIVACY, AUTONOMY AND CONTROL
SECURITY
USER INTERFACE
ENVIRONMENTAL IMPACT
THE "BASKET OF REMOTES"
IOT IN THE ENTERPRISE
DIGITAL ENTERPRISE
BUSINESS PROCESS OPTIMIZATION
PRODUCT DEPLOYMENT AND SUPPLY CHAIN OPTIMIZATION
BUSINESS INTELLIGENCE
CUSTOMER SATISFACTION
NEW SERVICES
COST SAVINGS
TABLE 7 STATUS OF IOT IN ENTERPRISES `
IOT VALUE PROPOSITION TO BUSINESSES
IOT BUSINESS MODELS AND INNOVATION
Freemium
Data Analytics
IoT as a Service
Applications and In-app Advertising
IOT POSITIONED FOR GROWTH OVER THE NEXT FIVE YEARS
MEDIA HYPE
AVAILABILITY OF IPV6
CHEAPER HARDWARE
EMERGENCE OF SOFTWARE PLATFORMS
CHAPTER 6 SMART HOME
TABLE 8 GLOBAL MARKET FOR SMART HOME DEVICES, THROUGH 2020 ($ MILLIONS)
SMART HOME DEVICES: TECHNOLOGY AND ARCHITECTURE
TABLE 9 FEATURES OF SMART HOME DEVICES
SMART DEVICES VS. SMART HUBS
FIGURE 2 SMART HOME DEVICES WITHOUT A HUB
FIGURE 3 SMART HOME DEVICES WITH A HUB
IOT APPLICATIONS FOR SMART HOME
ELECTRONIC LOCK
CONNECTED BULB
CONNECTED SWITCH
AIR CONDITIONING
SMART SMOKE DETECTORS
CONNECTED SPRINKLER SYSTEMS
SMART KETTLE
SECURITY CAMERA
SMART TOOTHBRUSH
SMART VENT
SMART APPLIANCES
CHALLENGES WITH THE CONNECTED HOME
INSTALLATION
Value Proposition Less than Compelling
INCOMPATIBILITY
MULTIPLE NETWORKS
EXPOSURE TO RADIO FREQUENCIES
USER INTERFACE
SENSORS
APPLE, GOOGLE AND SAMSUNG
APPLE HOMEKIT
GOOGLE NEST PLATFORM
SAMSUNG AND SMARTTHINGS
TABLE 10 SMART HOME PLATFORMS
MARKET SEGMENTATION FOR SMART HOME DEVICES
TABLE 11 GLOBAL MARKET FOR SMART HOME DEVICES BY REGION, THROUGH 2020 ($ MILLIONS)
TABLE 12 GLOBAL MARKET SHARE FOR CONNECTED HOME DEVICES BY REGION, 2015 (%)
INDUSTRIAL IOT DEVICES
TABLE 13 GLOBAL MARKET FOR INDUSTRIAL IOT DEVICES, THROUGH 2020 ($ MILLIONS)
APPLICATIONS OF IOT IN INDUSTRIES
User Notification
Predictive Warnings
Device Tampering
Messaging
Robotics
Automated Buildings
Railroad Industry
Air Conditioning, Heating and Refrigeration
CHALLENGES IN INDUSTRIAL IOT
Educating Manufacturing Industry Workers in IoT
Planning Networks
Communication in Industrial Environments
ROBOTS IN INDUSTRY
Qualcomm's Robotics Platform
INDUSTRIAL IOT DEVICES MARKET
TABLE 14 GLOBAL SHIPMENTS OF INDUSTRIAL IOT DEVICES BY VOLUME, THROUGH 2020 (MILLIONS)
TABLE 15 GLOBAL MARKET FOR INDUSTRIAL IOT DEVICES BY REGION, THROUGH 2020 ($ MILLIONS)
TABLE 16 GLOBAL MARKET FOR INDUSTRIAL AUTOMATION IOT DEVICES BY REGION, 2015 (%)
WEARABLES
TABLE 17 GLOBAL MARKET FOR WEARABLE DEVICES, THROUGH 2020 ($ MILLIONS)
WEARABLE DEVICE CHARACTERISTICS
Size and Look
User Interface
Power Consumption
Connectivity
WEARABLE DEVICE DESIGN
FIGURE 4 BLOCK DIAGRAM OF A TYPICAL WEARABLE DEVICE
CURRENTLY AVAILABLE WEARABLE DEVICES
Wearable Watches
Wearable that Tracks Movement
Wristband that Confirms Identity
Wearable that Provides User Alerts
Socks that Monitor Movement (and Lack Thereof)
Wearable that Records Everyday Events
Wearable that Corrects Posture
Wearable that Tracks Sleep
Ring that Controls Other Devices
Wearable Belt
WEARABLE WATCHES
Apple Watch
Samsung Gear
Pebble Watch
Sony Smartwatch
Android Wear
WEARABLE DEVICE MARKET SEGMENTATION
TABLE 18 WEARABLE DEVICES MARKET SEGMENTATION
TABLE 19 GLOBAL MARKET SHARE FOR WEARABLE DEVICES BY SEGMENT, 2014 AND 2020 (%)
TABLE 20 GLOBAL SHIPMENTS OF WEARABLE DEVICES BY VOLUME, THROUGH 2020 (MILLIONS)
TABLE 21 GLOBAL MARKET FOR WEARABLE DEVICES BY REGION, THROUGH 2020 ($ MILLIONS)
TABLE 22 GLOBAL MARKET SHARE FOR WEARABLE DEVICES BY REGION, 2015 (%)
IOT IN "OTHER" MARKETS
TABLE 23 GLOBAL MARKET FOR OTHER IOT DEVICES, THROUGH 2020 ($ MILLIONS)
TABLE 24 GLOBAL SHIPMENTS OF OTHER IOT DEVICES BY VOLUME, THROUGH 2020 (MILLIONS)
IOT IN THE RESTAURANT AND HOSPITALITY INDUSTRY
mTablet
Retail Stanchion POS
Groupon's POS
IOT IN RETAIL
Inventory Management
Fleet Management
Maintenance
Real-time Promotions
IOT IN TRANSPORTATION
Connected Cars
Android Auto
IOT IN HEALTHCARE
FDA and IoT Devices
Fertility Tracking
Personal Meditation Assistant
Smart Shirt
Sports Bra Senses Heart Rate
Smart Shoes
IOT IN AGRICULTURE
Productivity
Pest Control
Water Conservation
Real-time Analysis of Data for Farmers
MARKET FOR OTHER IOT DEVICES
TABLE 25 GLOBAL MARKET FOR OTHER IOT DEVICES BY REGION, THROUGH 2020 ($ MILLIONS)
TABLE 26 GLOBAL MARKET SHARE FOR OTHER IOT DEVICES BY REGION, 2015 (%)
CHAPTER 7 TECHNOLOGIES
IOT DEVICE HARDWARE
FIGURE 5 TYPICAL IOT DEVICE HARDWARE
SENSORS
NETWORK COMPONENTS
EMBEDDED SYSTEM
FIGURE 6 A TYPICAL EMBEDDED SYSTEM IN AN IOT DEVICE
SMART CONNECTORS
IOT SYSTEM DEVELOPMENT AND IMPLEMENTATION
FIGURE 7 TYPICAL DEVELOPMENT CYCLE FOR AN EMBEDDED DEVICE
IOT DEVICE SOFTWARE
Device Drivers
FIGURE 8 SOFTWARE STACK IN A TYPICAL EMBEDDED SYSTEM
Operating System
Middleware
Application Software and Internet Connectivity
SOFTWARE DEVELOPMENT CYCLE
FIGURE 9 TYPICAL SOFTWARE DEVELOPMENT CYCLE
A Web Application Framework: Web of Things
Big Data and IoT
IoT Distributed Computation Frameworks
IOT Reference Platform
NEW IOT PROTOCOLS
Thread
AllJoyn
INDUSTRY CONSORTIUMS
TABLE 27 IOT INDUSTRY CONSORTIUMS
Open Interconnect Consortium
Industrial Internet Consortium
Allseen Alliance
MARKET FOR IOT DEVICES AND IOT CHIPSETS/PLATFORMS
TABLE 28 GLOBAL MARKET FOR IOT DEVICES AND CHIPSETS/PLATFORMS, THROUGH 2020 ($ MILLIONS)
TABLE 29 GLOBAL MARKET FOR IOT DEVICES AND CHIPSETS/PLATFORMS BY REGION, THROUGH 2020 ($ MILLIONS)
TABLE 30 GLOBAL SHIPMENTS OF IOT DEVICES BY VOLUME, THROUGH 2020 (MILLIONS)
TABLE 31 GLOBAL MARKET FOR IOT DEVICES BY REGION, THROUGH 2020 ($ MILLIONS)
TABLE 32 GLOBAL MARKET SHARE FOR IOT DEVICES BY REGION, 2015 (%)
IOT TECHNOLOGY BUILDING BLOCKS
FIGURE 10 IOT CHIPSETS AND PLATFORMS AT A GLANCE
SENSORS
TABLE 33 TYPES OF SENSORS, TECHNOLOGIES AND VENDORS IN THE IOT MARKETPLACE
MARKET FOR IOT CHIPSETS AND PLATFORMS
TABLE 34 GLOBAL MARKET FOR IOT CHIPSETS AND PLATFORMS, THROUGH 2020 ($ MILLIONS)
TABLE 35 GLOBAL MARKET FOR IOT CHIPSETS AND PLATFORMS BY REGION, THROUGH 2020 ($ MILLIONS)
TABLE 36 GLOBAL MARKET SHARE FOR IOT CHIPSETS AND PLATFORM MARKET BY REGION, 2015 (%)
CHAPTER 8 INDUSTRY STRUCTURE
SELECT COMPANY PROFILES: HARDWARE PLATFORMS
TABLE 37 COMPANIES PROVIDING IOT HARDWARE PLATFORMS
ARM HOLDINGS PLC
BROADCOM CORP.
FREESCALE SEMICONDUCTOR INC.
IMAGINATION TECHNOLOGIES INC.
INTEL CORP.
MARVELL SEMICONDUCTOR INC.
MEDIATEK INC.
QUALCOMM INC.
TEXAS INSTRUMENTS INC.
SELECT COMPANY PROFILES: IOT PLATFORMS
TABLE 38 SOFTWARE PLATFORMS - DEVICE SIDE
ARRAYENT
HAYSTACK
IOBRIDGE INC.
ZONOFF INC.
SELECT COMPANY PROFILES: CLOUD-SIDE PLATFORMS
TABLE 39 CLOUD-SIDE PLATFORMS
AMAZON.COM
BUG LABS
MICROSOFT CORP.
ORACLE CORP.
THINGWORX
XIVELY BY LOGMEIN
SELECT COMPANY PROFILES: IOT OPEN SOURCE PLATFORMS
TABLE 40 IOT OPEN SOURCE PLATFORMS
H-NODE
NIMBITS
PARTICLE
SENSE-IOT
SELECT COMPANY PROFILES: IOT CHIPSETS AND PLATFORMS
ANALOG DEVICES INC.
ELECTRIC IMP
INVENSENSE INC.
SENSINODE OY
STMICROELECTRONICS
SELECT COMPANY PROFILES: DEVICES
APIGY INC.
APPLE COMPUTER
BELKIN INTERNATIONAL
CONTROL4 CO.
CRESTRON ELECTRONICS CO.
ECOBEE
GOOGLE
ISMARTALARM INC.
KWIKSET
LG ELECTRONICS INC.
NINJABLOCKS
SAMSUNG
SAVANT SYSTEMS LLC
SIGMA DESIGNS INC.
SMARTTHINGS
WHIRLPOOL CORP.
SELECT COMPANY PROFILES: WEARABLES
ADIDAS
FITBIT INC.
JAWBONE
NIKE INC.
PEBBLE TECHNOLOGY CORP.
SONY CORP.
WITHINGS USA
SELECTED COMPANY PROFILES: INDUSTRIAL IOT
3D ROBOTICS
AMAZON ROBOTICS LLC.
ARDUINO
CISCO SYSTEMS INC.
DOUBLE ROBOTICS
ENLIGHTED INC.
GE INTELLIGENT PLATFORMS
HONEYWELL PROCESS SOLUTIONS
JASPER TECHNOLOGIES INC.
ROCKWELL AUTOMATION
SCHNEIDER ELECTRIC
SELECT COMPANY PROFILES: MEDICAL DEVICES
ALIVECOR
IHEALTHLABS
JOHNSON AND JOHNSON
MEDTRONIC INC.
SELECT COMPANY PROFILES: OTHER VERTICAL APPLICATIONS
BITPONICS
DASH LABS INC.
FITBARK INC.
FORD RESEARCH AND INNOVATION
NOMI
PLACEMETER
POLAR ELECTRO INC.
TELCARE
TRIMBLE NAVIGATION LTD.

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