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IDC FutureScape: Worldwide Internet of Things 2017 Predictions

IDC FutureScape Figure
Executive Summary
IDC FutureScape Predictions
Summary of External Drivers
Predictions: Impact on Technology Buyers
Prediction 1: By 2018, the "Open Data Platform" Will Emerge as the Next Frontier in Platform Discussions, Causing Confusion for Enterprises That Already Invested in IoT Platform Solutions
Associated Drivers
IT Impact
Guidance
Prediction 2: Despite Hype on the Benefits of Low-Power Wide Area Networks, such as LoRa and Sigfox, Its Unlicensed Spectrum and Lack of Quality of Service Will Cause Companies to Focus It on Noncritical Applications — with 3% Deploying by 2018
Associated Drivers
IT Impact
Guidance
Prediction 3: By 2018, Investments in Operational Sensing Through IoT and Situational Awareness Via Analytics Will Deliver 30% Improvement in Critical Process Cycle Times
Associated Drivers
IT Impact
Guidance
Prediction 4: By 2019, as IoT Adoption Grows in Major Industry, Government, and Consumer Sectors, 20% of All IoT Deployments Will Have Basic Levels of Blockchain Services Enabled
Associated Drivers
IT Impact
Guidance
Prediction 5: By 2019, More than 75% of IoT Device Manufacturers Will Improve Their Security and Privacy Capabilities, Making Them More Trustworthy Partners for Technology Buyers
Associated Drivers
IT Impact
Guidance
Prediction 6: In 2017, Connected Vehicles, Insurance Telematics, Personal Wellness, and Smart Buildings Will Be Four IoT Use Cases in the Spotlight Across All Worldwide Regions, Accounting for $96 Billion in Spending
Associated Drivers
IT Impact
Guidance
Prediction 7: As Adoption of IoT Grows, 75% of IoT Adopters Will Turn to Outside Firms for Help in Strategy, Planning, Development, Implementation, and/or Management of These Initiatives
Associated Drivers
IT Impact
Guidance
Prediction 8: By 2019, at Least 40% of IoT-Created Data Will Be Stored, Processed, Analyzed, and Acted Upon Close to, or at the Edge of, the Network
Associated Drivers
IT Impact
Guidance
Prediction 9: By 2019, 40% of Local and Regional Governments Will Use IoT to Turn Infrastructure Like Roads, Streetlights, and Traffic Signals into Assets Instead of Liabilities
Associated Drivers
IT Impact
Guidance
Prediction 10: By 2019, All Effective IoT Efforts Will Merge Streaming Analytics with Machine Learning Trained on Data Lakes, Marts, and Content Stores, Accelerated by Discrete or Integrated Processors
Associated Drivers
IT Impact
Guidance
Advice for Technology Buyers
External Drivers: Detail
DX: Technology-Centric Transformation Altering Business and Society
New Funding Models: Accelerating Disruption and Innovation
Everything, Everywhere: The Rise of Computer-Based Intelligence
Disruptive Fault Lines: Security, Privacy, and Regulation
Shifting Economics: Data as Digital Capital
Materialization: Revolutionizing Industrial and Commercial Processes
Platform Economy: The Ecosystem Battle for Scale
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Related Research

IDC FutureScape: Worldwide Internet of Things 2017 Predictions

This IDC study presents the top 10 predictions for the Internet of Things. The Internet of Things continues to prove its relevance in organizations' digital transformation (DX). Despite the momentum for IoT in recent years, there are still many elements of this vast and complex ecosystem that IT organizations need to consider as they plan to deploy a solution. The IDC FutureScape for Internet of Things in 2017 provides our global team's view on some of the key topics we expect to affect businesses over the next few years. Some of the topics we raise in this year's IDC FutureScape are:Open data platforms and their implications on current IoT deploymentsLow-power wireless access networks and whether they are an adequate connectivity methodSystems integrators and their increasing importance in IoT projectsKey industries expected to drive IoT growthIDC's global team continues to keep a pulse on the Internet of Things. This IDC FutureScape document is our assessment of developing topics that you and your organization should consider as you head into 2017 and beyond."Innovative IoT ideas continue to be driven by line-of-business decision makers, but with every IoT project, the IT implications shouldn't be overlooked — even in the early stages of planning," says Carrie MacGillivray, vice president, IoT and Mobility. "This IDC FutureScape draws attention to several of the IT considerations for CIOs and tech buyers in organizations as they digitally transform with IoT solutions."

Please Note: Extended description available upon request.


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