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Worldwide IDC Global DataSphere IoT Device Installed Base and Data Generated Forecast, 2024–2028

Publisher IDC
Published Sep 18, 2024
Length 21 Pages
SKU # IDC19185195

Description

Worldwide IDC Global DataSphere IoT Device Installed Base and Data Generated Forecast, 2024–2028


This IDC study forecasts the installed base of the number of connected IoT "things" and the data generated yearly by these things. This forecast study also categorizes the devices and the data across several categories, including computer vision cameras, consumer/connected homes, industrial/commercial, medical devices, and navigation/automotive/transportation. The Market Definition section includes definitions of the categories and the devices in each category."IoT continues to be the driving force for digital transformation. The data gathered from connected devices is now fueling AI, creating another data race," said Carlos M. González, research manager for the Internet of Things at IDC. "Organizations looking to enhance operations need to continue to grow their IoT networks to gain operational insights and be ready for the next wave of innovation driven by AI."

Table of Contents

21 Pages

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Defining the Internet of Things

Worldwide IDC Global DataSphere Connected IoT and Non-IoT Device Installed Base Forecast

Connected IoT Device Installed Base Forecast by Device Category

Worldwide IDC Global DataSphere IoT Data Generated Forecast

Market Context

Drivers and Inhibitors

Drivers

Artificial Intelligence Continues to Rise

The Development of Industry 5.0

Energy Regulations and Sustainability Reporting

Inhibitors

Security Concerns for Connected Devices

The Cost of Upgrading Legacy Assets

Significant Market Developments

Changes from Prior Forecast

Market Definition

Methodology

Related Research

Pricing

Currency Rates
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