Internet of Things (IoT) Market Shares, Strategies, and Forecasts, Worldwide, 2017 to 2023
WinterGreen Research announces that it has published a new study Internet of Things (IoT): Market Shares, Strategy, and Forecasts, Worldwide, 2017 to 2023. The 2017 study has 678 pages, 240 tables and figures. Worldwide Internet of Things (IoT) markets are poised to achieve significant growth with the use of sensors, cameras, and platforms that are used to help implement precision digital control and send alerts for all manner or management of devices and machinery. Visualization and digitization let people better control any device or mechanical thing.
Providers of Industrial IoT aim to implement asset efficiency solutions. Designing the asset efficiency solution, developing the application, adapting advanced engineering knowledge for the use cases, and supplying the information platform is the composite task of the analytics engine. IBM is a premier supplier of an analytics engine with its Watson product.
There is enormous variety in the Internet of things markets. Bosch supplies industrial IoT sensor technology, acquiring data from the edge, providing device management. Scalability is achieved by the Bosch IoT Suite and ProSyst IoT middleware. The Vorto code generator enables M2M modelling. PTC supplies the Thingworx Application Enablement Platform (AEP), used for creating dashboards, widgets and other user interface elements. Intel provides the Moon Island Gateway used for data aggregation at the edge, as well as horizontal infrastructure in collaboration with HP.
Hitachi analytics is used to diagnose manufacturing process. Hitachi uses its analytics platform to integrate production and sensor data outputs to help visualize, analyze and diagnose a manufacture polymer mixing problems. A polymer mixing process was said to be producing inconsistent output quality, with yields dipping to 50%. Hitachi addressed the scrapping of poor batches and huge costs by addressing ever-changing product specifications and variations in a range of production parameters. Using IoT and the analytics platform, production engineers were able to stabilize the process even as new product formulations were introduced.
The Internet of Things (IoT) is the next Industrial Revolution. It will impact the way all businesses, governments, and consumers interact with the physical world. 1 Gbps and 10 Gbps speed has been used in data centers for years. The jump to 40 Gbps and 100 Gbps has come rapidly as a result of the need to increase the quantity of data managed inside the data center with more analytics and more applications. Many of the Cloud 2.0 mega data centers have moved to 100 Gbps, presaging the move to 400 Gbps. One reason for the increase in speed is the growth of data consumption, attributed to smartphones, social media, video streaming, Internet of Things (IoT), and big data. Big pipes are used to cope with the huge quantities of data that are being transferred.
This is the 694th report in a series of primary market research reports that provide forecasts in communications, telecommunications, the Internet, computer, software, telephone equipment, health equipment, and energy. Automated process and significant growth potential are a priority in topic selection. The project leaders take direct responsibility for writing and preparing each report. They have significant experience preparing industry studies. They are supported by a team, each person with specific research tasks and proprietary automated process database analytics. Forecasts are based on primary research and proprietary data bases.
The primary research is conducted by talking to customers, distributors and companies. The survey data is not enough to make accurate assessment of market size, so WinterGreen Research looks at the value of shipments and the average price to achieve market assessments. Our track record in achieving accuracy is unsurpassed in the industry. We are known for being able to develop accurate market shares and projections. This is our specialty.
The analyst process is concentrated on getting good market numbers. This process involves looking at the markets from several different perspectives, including vendor shipments. The interview process is an essential aspect as well. We do have a lot of granular analysis of the different shipments by vendor in the study and addenda prepared after the study was published if that is appropriate.
Forecasts reflect analysis of the market trends in the segment and related segments. Unit and dollar shipments are analyzed through consideration of dollar volume of each market participant in the segment. Installed base analysis and unit analysis is based on interviews and an information search. Market share analysis includes conversations with key customers of products, industry segment leaders, marketing directors, distributors, leading market participants, opinion leaders, and companies seeking to develop measurable market share.