BOSTON, November 2, 2016 /PRNewswire/ --
IDTechEx Research, a leading provider of independent market research, business intelligence and events on emerging technology announces the availability of a new report, Internet of Things 2017-2027 .
Researched in late 2016 with ongoing updates, this report on the Internet of Things (IoT) is intended to assist investors, participants and intending participants and users, presented in the form of easily assimilated infograms, roadmaps and forecasts. The report is about nodes that sense, learn, gather data and initiate reports and action using IP addressed sensor nodes to process and send information. It is realistic and analytical not evangelical. Consequently IDTechEx forecasts do not repeat the mantra about tens of billions of nodes being deployed in only a few years. The many analysts sticking to such euphoria ignore the fact that, contrary to their expectation, very little IoT was deployed in 2016.
However, IDTechEx's ongoing global travel, interviews, conferences and research by multi-lingual PhD level analysts located across the world does lead us to believe that a large market will eventually emerge but not primarily for nodes, where our price sensitivity analysis and experimentation shows commoditisation rapidly arriving. Indeed, as Cisco correctly notes, it is a pre-requisite for success.
In researching the report IDTechEx have talked to the CEO of Raspberry Pi, to systems and node suppliers, academics and many others and assessed their replies.
IoT centres around things collaborating for the benefit of humans without human intervention at the time. It does not include the Internet of People which is a renaming of the world of connected personal electronics operated by humans: it has completely different characteristics and it is cynical to conflate it with IoT. Nevertheless, we show how IoT nodes can be on people and quantify the appropriate part of wearables market because is relevant. The report explains further with a host of examples and options, even giving forecasts for agricultural robots following several respondents seeing agriculture as an important potential IoT market. Because we run our own IoT events, we get the inside track first.
IDTechEx provides companies with tools that can assist them in making essential strategic decisions in emerging technologies. IDTechEx offers research reports, subscriptions, consultancy, introductory services and events.