The Internet of Things is set to be a defining technology of our time. Where will it take us in the next few years?

1. $143.93bn
MARKET STATS
The Intelligent Transportation
Systems market is expected to
grow to $143.93bn by 2020
WWW.IQTELECOM.COMJANUARY 2017
IOT GROWTH: A FORECAST
“THE IOT IS RELEVANT IN VIRTUALLY EVERY INDUSTRY, ALTHOUGH
NOT IN EVERY APPLICATION. THERE WILL BE NO PURELY 'IOT
APPLICATIONS.' RATHER, THERE WILL BE MANY APPLICATIONS THAT
LEVERAGE THE IOT IN SOME SMALL OR LARGE ASPECT OF THEIR
WORK.”
W. ROY SCHULTE, GARTNER
The whole IoT market is expected to grow to $661.74bn by 2021
$661.7bn 2017
$18.45bn
The Smart Agriculture Market is
expected to grow to $18.45bn
in 2022
$5.31bn
The Cellular IoT market is
expected to grow to $5.31bn
by 2022
$7.15bn
The IoT Cloud Market is estimated
to grow to $7.15bn by 2021
GARTNER’S TOP THREE IOT TECHNOLOGIES FOR 2017
ANALYTICS
The number of organisations using
IoT data is expected to triple in the
next few years
SECURITY
Worldwide IoT security spending
will increase by 73%
until 2019
DEVICE MANAGEMENT
The number of IoT devices
will rise to 30.7bn in 2020 and
75.4bn in 2025
SOURCES: MARKETS & MARKETS, INDUSTRYARC, SCALAR MARKET RESEARCH, TDWI, GSMA
$123.8bn
The Industrial IoT
Market is expected to grow to
$123.8bn by 2021
$133bn
The Connected Home
market is expected to grow to
$133bn by 2021