Internet of Things Spending by Vertical Market

ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new IDC report entitled “Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“, which defines the IT opportunity for  all vertical markets that comprise  the burgeoning Internet of Things market. The new report segments the IoT market as well as provides a forecast that illustrates which vertical industries show the greatest market opportunity over the next several years.

As the Internet of Things IoT market starts to coalesce in both concept and solution offering, IDC recommends vendors take the next step and look at this huge IT opportunity in a more realistic and valuable framework. As exciting as the overall opportunity for the IoT market currently exists, understanding the vertical ramifications is paramount. All of the greatest IoT IT opportunities — from the connected home, smart meters, the connected car, and smart grid to personal wellness and connected health — are driven from a vertical market perspective.

The Internet of Things market must be understood in terms of vertical markets because the value of IoT is based on individual use cases across all markets. Successful sales and marketing efforts by vendors will be based on understanding the most lucrative verticals that offer current growth and future potential and then creating solutions for specific use cases that address industry-specific business processes.

IDC defines the Internet of Things concept as a wired or wireless network connecting devices, or “things,” that is characterized by autonomous provisioning, management, and monitoring. IoT already impacts our everyday life down to the smallest processes. The vertical opportunity that arises from IoT is already in play, but only if the need for vertical expertise is recognized and offered. Realizing the existence of vertical opportunity is the first step to understanding the impact — and therefore market opportunity that exists — for IT vendors. In addition:

• IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries.


• The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already “understand” IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity.


• IoT is a derivative market containing many elements, including horizontal IT components as well as vertical and industry-specific IT elements. It is these vertical components where IT vendors will have to distinguish themselves to address industry-specific IoT needs.


• IoT opens up many IT vendors to the consumer market, providing B2B2C services to connect and run homes and automobiles — all the places that electronic devices will have a networking capability.

According to the report, the first step to understand how vendors can position themselves will be to understand the components of the IoT/M2M IT ecosphere. Because this is a derivative market, there are many opportunities for vendors to offer parts or product suites that cover the needed IoT IT set. And vendors will have incentive to do so due to rapid growth which will occur as industries see the convenience, productivity, and efficiency that IoT brings to business processes. Accordingly, while horizontal-focused IT vendors will look to offer IoT solutions that appeal to many industries, there will also be impetus to offer vertical-focused solutions that make IoT tangible for both industries applications (M2M) and consumer needs (B2B2C).

The IoT market will greatly impact and offer the potential for vertical-aligned businesses to improve both performance and profitability. The IoT solutions space will expand exponentially and will offer every business endless IoT-focused solutions. The initial strategy of businesses should be to avoid choosing IoT-based solutions that will solve only immediate concerns and lack ‘staying power.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: “”Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“

Internet of Things Spending by Vertical Market

Internet of Things Spending by Vertical Market

ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new IDC report entitled “Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“, which defines the IT opportunity for  all vertical markets that comprise  the burgeoning Internet of Things market. The new report segments the IoT market as well as provides a forecast that illustrates which vertical industries show the greatest market opportunity over the next several years.

As the Internet of Things IoT market starts to coalesce in both concept and solution offering, IDC recommends vendors take the next step and look at this huge IT opportunity in a more realistic and valuable framework. As exciting as the overall opportunity for the IoT market currently exists, understanding the vertical ramifications is paramount. All of the greatest IoT IT opportunities — from the connected home, smart meters, the connected car, and smart grid to personal wellness and connected health — are driven from a vertical market perspective.

The Internet of Things market must be understood in terms of vertical markets because the value of IoT is based on individual use cases across all markets. Successful sales and marketing efforts by vendors will be based on understanding the most lucrative verticals that offer current growth and future potential and then creating solutions for specific use cases that address industry-specific business processes.

IDC defines the Internet of Things concept as a wired or wireless network connecting devices, or “things,” that is characterized by autonomous provisioning, management, and monitoring. IoT already impacts our everyday life down to the smallest processes. The vertical opportunity that arises from IoT is already in play, but only if the need for vertical expertise is recognized and offered. Realizing the existence of vertical opportunity is the first step to understanding the impact — and therefore market opportunity that exists — for IT vendors. In addition:

• IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries.


• The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already “understand” IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity.


• IoT is a derivative market containing many elements, including horizontal IT components as well as vertical and industry-specific IT elements. It is these vertical components where IT vendors will have to distinguish themselves to address industry-specific IoT needs.


• IoT opens up many IT vendors to the consumer market, providing B2B2C services to connect and run homes and automobiles — all the places that electronic devices will have a networking capability.

According to the report, the first step to understand how vendors can position themselves will be to understand the components of the IoT/M2M IT ecosphere. Because this is a derivative market, there are many opportunities for vendors to offer parts or product suites that cover the needed IoT IT set. And vendors will have incentive to do so due to rapid growth which will occur as industries see the convenience, productivity, and efficiency that IoT brings to business processes. Accordingly, while horizontal-focused IT vendors will look to offer IoT solutions that appeal to many industries, there will also be impetus to offer vertical-focused solutions that make IoT tangible for both industries applications (M2M) and consumer needs (B2B2C).

The IoT market will greatly impact and offer the potential for vertical-aligned businesses to improve both performance and profitability. The IoT solutions space will expand exponentially and will offer every business endless IoT-focused solutions. The initial strategy of businesses should be to avoid choosing IoT-based solutions that will solve only immediate concerns and lack ‘staying power.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: “”Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“

Internet of Things Spending by Vertical Market

Internet of Things Spending by Vertical Market

ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new IDC report entitled “Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“, which defines the IT opportunity for  all vertical markets that comprise  the burgeoning Internet of Things market. The new report segments the IoT market as well as provides a forecast that illustrates which vertical industries show the greatest market opportunity over the next several years.

As the Internet of Things IoT market starts to coalesce in both concept and solution offering, IDC recommends vendors take the next step and look at this huge IT opportunity in a more realistic and valuable framework. As exciting as the overall opportunity for the IoT market currently exists, understanding the vertical ramifications is paramount. All of the greatest IoT IT opportunities — from the connected home, smart meters, the connected car, and smart grid to personal wellness and connected health — are driven from a vertical market perspective.

The Internet of Things market must be understood in terms of vertical markets because the value of IoT is based on individual use cases across all markets. Successful sales and marketing efforts by vendors will be based on understanding the most lucrative verticals that offer current growth and future potential and then creating solutions for specific use cases that address industry-specific business processes.

IDC defines the Internet of Things concept as a wired or wireless network connecting devices, or “things,” that is characterized by autonomous provisioning, management, and monitoring. IoT already impacts our everyday life down to the smallest processes. The vertical opportunity that arises from IoT is already in play, but only if the need for vertical expertise is recognized and offered. Realizing the existence of vertical opportunity is the first step to understanding the impact — and therefore market opportunity that exists — for IT vendors. In addition:

• IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries.


• The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already “understand” IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity.


• IoT is a derivative market containing many elements, including horizontal IT components as well as vertical and industry-specific IT elements. It is these vertical components where IT vendors will have to distinguish themselves to address industry-specific IoT needs.


• IoT opens up many IT vendors to the consumer market, providing B2B2C services to connect and run homes and automobiles — all the places that electronic devices will have a networking capability.

According to the report, the first step to understand how vendors can position themselves will be to understand the components of the IoT/M2M IT ecosphere. Because this is a derivative market, there are many opportunities for vendors to offer parts or product suites that cover the needed IoT IT set. And vendors will have incentive to do so due to rapid growth which will occur as industries see the convenience, productivity, and efficiency that IoT brings to business processes. Accordingly, while horizontal-focused IT vendors will look to offer IoT solutions that appeal to many industries, there will also be impetus to offer vertical-focused solutions that make IoT tangible for both industries applications (M2M) and consumer needs (B2B2C).

The IoT market will greatly impact and offer the potential for vertical-aligned businesses to improve both performance and profitability. The IoT solutions space will expand exponentially and will offer every business endless IoT-focused solutions. The initial strategy of businesses should be to avoid choosing IoT-based solutions that will solve only immediate concerns and lack ‘staying power.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: “”Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“

Internet of Things Spending by Vertical Market

Internet of Things Spending by Vertical Market

ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new IDC report entitled “Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“, which defines the IT opportunity for  all vertical markets that comprise  the burgeoning Internet of Things market. The new report segments the IoT market as well as provides a forecast that illustrates which vertical industries show the greatest market opportunity over the next several years.

As the Internet of Things IoT market starts to coalesce in both concept and solution offering, IDC recommends vendors take the next step and look at this huge IT opportunity in a more realistic and valuable framework. As exciting as the overall opportunity for the IoT market currently exists, understanding the vertical ramifications is paramount. All of the greatest IoT IT opportunities — from the connected home, smart meters, the connected car, and smart grid to personal wellness and connected health — are driven from a vertical market perspective.

The Internet of Things market must be understood in terms of vertical markets because the value of IoT is based on individual use cases across all markets. Successful sales and marketing efforts by vendors will be based on understanding the most lucrative verticals that offer current growth and future potential and then creating solutions for specific use cases that address industry-specific business processes.

IDC defines the Internet of Things concept as a wired or wireless network connecting devices, or “things,” that is characterized by autonomous provisioning, management, and monitoring. IoT already impacts our everyday life down to the smallest processes. The vertical opportunity that arises from IoT is already in play, but only if the need for vertical expertise is recognized and offered. Realizing the existence of vertical opportunity is the first step to understanding the impact — and therefore market opportunity that exists — for IT vendors. In addition:

• IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries.


• The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already “understand” IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity.


• IoT is a derivative market containing many elements, including horizontal IT components as well as vertical and industry-specific IT elements. It is these vertical components where IT vendors will have to distinguish themselves to address industry-specific IoT needs.


• IoT opens up many IT vendors to the consumer market, providing B2B2C services to connect and run homes and automobiles — all the places that electronic devices will have a networking capability.

According to the report, the first step to understand how vendors can position themselves will be to understand the components of the IoT/M2M IT ecosphere. Because this is a derivative market, there are many opportunities for vendors to offer parts or product suites that cover the needed IoT IT set. And vendors will have incentive to do so due to rapid growth which will occur as industries see the convenience, productivity, and efficiency that IoT brings to business processes. Accordingly, while horizontal-focused IT vendors will look to offer IoT solutions that appeal to many industries, there will also be impetus to offer vertical-focused solutions that make IoT tangible for both industries applications (M2M) and consumer needs (B2B2C).

The IoT market will greatly impact and offer the potential for vertical-aligned businesses to improve both performance and profitability. The IoT solutions space will expand exponentially and will offer every business endless IoT-focused solutions. The initial strategy of businesses should be to avoid choosing IoT-based solutions that will solve only immediate concerns and lack ‘staying power.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: “”Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“

Internet of Things Spending by Vertical Market

Internet of Things Spending by Vertical Market

ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new IDC report entitled “Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“, which defines the IT opportunity for  all vertical markets that comprise  the burgeoning Internet of Things market. The new report segments the IoT market as well as provides a forecast that illustrates which vertical industries show the greatest market opportunity over the next several years.

As the Internet of Things IoT market starts to coalesce in both concept and solution offering, IDC recommends vendors take the next step and look at this huge IT opportunity in a more realistic and valuable framework. As exciting as the overall opportunity for the IoT market currently exists, understanding the vertical ramifications is paramount. All of the greatest IoT IT opportunities — from the connected home, smart meters, the connected car, and smart grid to personal wellness and connected health — are driven from a vertical market perspective.

The Internet of Things market must be understood in terms of vertical markets because the value of IoT is based on individual use cases across all markets. Successful sales and marketing efforts by vendors will be based on understanding the most lucrative verticals that offer current growth and future potential and then creating solutions for specific use cases that address industry-specific business processes.

IDC defines the Internet of Things concept as a wired or wireless network connecting devices, or “things,” that is characterized by autonomous provisioning, management, and monitoring. IoT already impacts our everyday life down to the smallest processes. The vertical opportunity that arises from IoT is already in play, but only if the need for vertical expertise is recognized and offered. Realizing the existence of vertical opportunity is the first step to understanding the impact — and therefore market opportunity that exists — for IT vendors. In addition:

• IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries.


• The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already “understand” IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity.


• IoT is a derivative market containing many elements, including horizontal IT components as well as vertical and industry-specific IT elements. It is these vertical components where IT vendors will have to distinguish themselves to address industry-specific IoT needs.


• IoT opens up many IT vendors to the consumer market, providing B2B2C services to connect and run homes and automobiles — all the places that electronic devices will have a networking capability.

According to the report, the first step to understand how vendors can position themselves will be to understand the components of the IoT/M2M IT ecosphere. Because this is a derivative market, there are many opportunities for vendors to offer parts or product suites that cover the needed IoT IT set. And vendors will have incentive to do so due to rapid growth which will occur as industries see the convenience, productivity, and efficiency that IoT brings to business processes. Accordingly, while horizontal-focused IT vendors will look to offer IoT solutions that appeal to many industries, there will also be impetus to offer vertical-focused solutions that make IoT tangible for both industries applications (M2M) and consumer needs (B2B2C).

The IoT market will greatly impact and offer the potential for vertical-aligned businesses to improve both performance and profitability. The IoT solutions space will expand exponentially and will offer every business endless IoT-focused solutions. The initial strategy of businesses should be to avoid choosing IoT-based solutions that will solve only immediate concerns and lack ‘staying power.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: “”Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“

Internet of Things Spending by Vertical Market

Internet of Things Spending by Vertical Market

ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new IDC report entitled “Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“, which defines the IT opportunity for  all vertical markets that comprise  the burgeoning Internet of Things market. The new report segments the IoT market as well as provides a forecast that illustrates which vertical industries show the greatest market opportunity over the next several years.

As the Internet of Things IoT market starts to coalesce in both concept and solution offering, IDC recommends vendors take the next step and look at this huge IT opportunity in a more realistic and valuable framework. As exciting as the overall opportunity for the IoT market currently exists, understanding the vertical ramifications is paramount. All of the greatest IoT IT opportunities — from the connected home, smart meters, the connected car, and smart grid to personal wellness and connected health — are driven from a vertical market perspective.

The Internet of Things market must be understood in terms of vertical markets because the value of IoT is based on individual use cases across all markets. Successful sales and marketing efforts by vendors will be based on understanding the most lucrative verticals that offer current growth and future potential and then creating solutions for specific use cases that address industry-specific business processes.

IDC defines the Internet of Things concept as a wired or wireless network connecting devices, or “things,” that is characterized by autonomous provisioning, management, and monitoring. IoT already impacts our everyday life down to the smallest processes. The vertical opportunity that arises from IoT is already in play, but only if the need for vertical expertise is recognized and offered. Realizing the existence of vertical opportunity is the first step to understanding the impact — and therefore market opportunity that exists — for IT vendors. In addition:

• IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries.


• The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already “understand” IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity.


• IoT is a derivative market containing many elements, including horizontal IT components as well as vertical and industry-specific IT elements. It is these vertical components where IT vendors will have to distinguish themselves to address industry-specific IoT needs.


• IoT opens up many IT vendors to the consumer market, providing B2B2C services to connect and run homes and automobiles — all the places that electronic devices will have a networking capability.

According to the report, the first step to understand how vendors can position themselves will be to understand the components of the IoT/M2M IT ecosphere. Because this is a derivative market, there are many opportunities for vendors to offer parts or product suites that cover the needed IoT IT set. And vendors will have incentive to do so due to rapid growth which will occur as industries see the convenience, productivity, and efficiency that IoT brings to business processes. Accordingly, while horizontal-focused IT vendors will look to offer IoT solutions that appeal to many industries, there will also be impetus to offer vertical-focused solutions that make IoT tangible for both industries applications (M2M) and consumer needs (B2B2C).

The IoT market will greatly impact and offer the potential for vertical-aligned businesses to improve both performance and profitability. The IoT solutions space will expand exponentially and will offer every business endless IoT-focused solutions. The initial strategy of businesses should be to avoid choosing IoT-based solutions that will solve only immediate concerns and lack ‘staying power.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: “”Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“

Internet of Things Spending by Vertical Market

Internet of Things Spending by Vertical Market

ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new IDC report entitled “Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“, which defines the IT opportunity for  all vertical markets that comprise  the burgeoning Internet of Things market. The new report segments the IoT market as well as provides a forecast that illustrates which vertical industries show the greatest market opportunity over the next several years.

As the Internet of Things IoT market starts to coalesce in both concept and solution offering, IDC recommends vendors take the next step and look at this huge IT opportunity in a more realistic and valuable framework. As exciting as the overall opportunity for the IoT market currently exists, understanding the vertical ramifications is paramount. All of the greatest IoT IT opportunities — from the connected home, smart meters, the connected car, and smart grid to personal wellness and connected health — are driven from a vertical market perspective.

The Internet of Things market must be understood in terms of vertical markets because the value of IoT is based on individual use cases across all markets. Successful sales and marketing efforts by vendors will be based on understanding the most lucrative verticals that offer current growth and future potential and then creating solutions for specific use cases that address industry-specific business processes.

IDC defines the Internet of Things concept as a wired or wireless network connecting devices, or “things,” that is characterized by autonomous provisioning, management, and monitoring. IoT already impacts our everyday life down to the smallest processes. The vertical opportunity that arises from IoT is already in play, but only if the need for vertical expertise is recognized and offered. Realizing the existence of vertical opportunity is the first step to understanding the impact — and therefore market opportunity that exists — for IT vendors. In addition:

• IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries.


• The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already “understand” IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity.


• IoT is a derivative market containing many elements, including horizontal IT components as well as vertical and industry-specific IT elements. It is these vertical components where IT vendors will have to distinguish themselves to address industry-specific IoT needs.


• IoT opens up many IT vendors to the consumer market, providing B2B2C services to connect and run homes and automobiles — all the places that electronic devices will have a networking capability.

According to the report, the first step to understand how vendors can position themselves will be to understand the components of the IoT/M2M IT ecosphere. Because this is a derivative market, there are many opportunities for vendors to offer parts or product suites that cover the needed IoT IT set. And vendors will have incentive to do so due to rapid growth which will occur as industries see the convenience, productivity, and efficiency that IoT brings to business processes. Accordingly, while horizontal-focused IT vendors will look to offer IoT solutions that appeal to many industries, there will also be impetus to offer vertical-focused solutions that make IoT tangible for both industries applications (M2M) and consumer needs (B2B2C).

The IoT market will greatly impact and offer the potential for vertical-aligned businesses to improve both performance and profitability. The IoT solutions space will expand exponentially and will offer every business endless IoT-focused solutions. The initial strategy of businesses should be to avoid choosing IoT-based solutions that will solve only immediate concerns and lack ‘staying power.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: “”Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“

Internet of Things Spending by Vertical Market

Finding Success in the New IoT Ecosystem: Market to Reach $3.04 Trillion and 30 Billion Connected "Things" in 2020

A newly released IoT ecosystem forecast provides much needed clarity, defining the hardware, software, services, connectivity, and security that make up the evolving IoT ecosystem. The worldwide IoT market is forecast to grow from $1.3 trillion in 2013 to $3.04 trillion in 2020 with a compound annual growth rate (CAGR) of 13%.

While most everyone agrees that the Internet of Things (IoT) is poised for explosive growth and represents boundless opportunities – billions of connected things driving trillions in revenue – understanding where the revenue opportunities lie across different technology layers has remained elusive.

The Internet of Things is defined as a network of networks of uniquely identifiable endpoints (or “things”) that communicate without human interaction using IP connectivity – be it “locally” or globally. IDC’s view of the IoT ecosystem includes intelligent systems, network equipment, connectivity services, data integration, and often other types of software, applications, services and security. As IoT moves beyond the hype and promise, a variety of vendor strategies and key players will emerge to find success in meeting customers’ needs as well as growing new revenue streams from this net new market opportunity.

“The opportunities presented by IoT are driving widespread attention among both traditional and non-traditional ICT vendors looking to take advantage of emerging revenue opportunities,” said Vernon Turner, Senior Vice President, Enterprise Infrastructure, Consumer, Network, Telecom and IoT Research. “We’re still in the early stages of maturation and IoT represents unparalleled opportunity in government, consumer, and enterprise environments.”

The homogeneity of connectivity needs has allowed the North American market to sidestep border-driven IoT adoption challenges and set the groundwork for IoT market growth. In addition, government mandates and more openly eco-conscious cultures will drive Western Europe and Asia/Pacific to outpace North America in terms of IoT revenues and installed base through 2020.

“There will be no one leader in this market,” said Carrie MacGillivray, Vice President, IoT and Mobile Service & Infrastructure. “The market will rely on partnerships, federation, and innovative services to create truly valuable IoT solutions.”

Additional findings from new IoT ecosystem market forecast include the following:

• In the IoT market, a collection of vendors, service providers and systems integrators must co-exist and integrate products and solutions to realize success.


• The installed and connected base of IoT units will reach approximately 30 billion in 2020.


• Startup vendors are working feverishly to carve out their strategies to attack this market and will drive the innovation pace of larger vendors.

The new study, Worldwide Internet of Things 2014-2020 Forecast: Forecast Update and Revenue by Technology Split, analyzes the Internet of Things (IoT) market at a worldwide level and provides forecasts for IoT installed base and revenue opportunity by technology segment as well as by region. It provides an update to the worldwide IoT market outlook published in Worldwide and Regional Internet of Things (IoT) 2014-2020 Forecast: A Virtuous Circle of Proven Value and Demand (May 2014). It updates the worldwide IoT units installed and revenues. The full breadth of the IoT ecosystem revenue is put forth in the revenue forecast, encompassing revenue from the IoT system shipments themselves as well as revenue from connectivity, infrastructure, purpose-built IoT platforms, applications, security, analytics, storage, servers and services attributable to the base of installed IoT systems. The study discusses the key themes contributing to and characterizing the worldwide and regional growth of the IoT.

 

Finding Success in the New IoT Ecosystem: Market to Reach $3.04 Trillion and 30 Billion Connected "Things" in 2020

Finding Success in the New IoT Ecosystem: Market to Reach $3.04 Trillion and 30 Billion Connected "Things" in 2020

A newly released IoT ecosystem forecast provides much needed clarity, defining the hardware, software, services, connectivity, and security that make up the evolving IoT ecosystem. The worldwide IoT market is forecast to grow from $1.3 trillion in 2013 to $3.04 trillion in 2020 with a compound annual growth rate (CAGR) of 13%.

While most everyone agrees that the Internet of Things (IoT) is poised for explosive growth and represents boundless opportunities – billions of connected things driving trillions in revenue – understanding where the revenue opportunities lie across different technology layers has remained elusive.

The Internet of Things is defined as a network of networks of uniquely identifiable endpoints (or “things”) that communicate without human interaction using IP connectivity – be it “locally” or globally. IDC’s view of the IoT ecosystem includes intelligent systems, network equipment, connectivity services, data integration, and often other types of software, applications, services and security. As IoT moves beyond the hype and promise, a variety of vendor strategies and key players will emerge to find success in meeting customers’ needs as well as growing new revenue streams from this net new market opportunity.

“The opportunities presented by IoT are driving widespread attention among both traditional and non-traditional ICT vendors looking to take advantage of emerging revenue opportunities,” said Vernon Turner, Senior Vice President, Enterprise Infrastructure, Consumer, Network, Telecom and IoT Research. “We’re still in the early stages of maturation and IoT represents unparalleled opportunity in government, consumer, and enterprise environments.”

The homogeneity of connectivity needs has allowed the North American market to sidestep border-driven IoT adoption challenges and set the groundwork for IoT market growth. In addition, government mandates and more openly eco-conscious cultures will drive Western Europe and Asia/Pacific to outpace North America in terms of IoT revenues and installed base through 2020.

“There will be no one leader in this market,” said Carrie MacGillivray, Vice President, IoT and Mobile Service & Infrastructure. “The market will rely on partnerships, federation, and innovative services to create truly valuable IoT solutions.”

Additional findings from new IoT ecosystem market forecast include the following:

• In the IoT market, a collection of vendors, service providers and systems integrators must co-exist and integrate products and solutions to realize success.


• The installed and connected base of IoT units will reach approximately 30 billion in 2020.


• Startup vendors are working feverishly to carve out their strategies to attack this market and will drive the innovation pace of larger vendors.

The new study, Worldwide Internet of Things 2014-2020 Forecast: Forecast Update and Revenue by Technology Split, analyzes the Internet of Things (IoT) market at a worldwide level and provides forecasts for IoT installed base and revenue opportunity by technology segment as well as by region. It provides an update to the worldwide IoT market outlook published in Worldwide and Regional Internet of Things (IoT) 2014-2020 Forecast: A Virtuous Circle of Proven Value and Demand (May 2014). It updates the worldwide IoT units installed and revenues. The full breadth of the IoT ecosystem revenue is put forth in the revenue forecast, encompassing revenue from the IoT system shipments themselves as well as revenue from connectivity, infrastructure, purpose-built IoT platforms, applications, security, analytics, storage, servers and services attributable to the base of installed IoT systems. The study discusses the key themes contributing to and characterizing the worldwide and regional growth of the IoT.

 

Finding Success in the New IoT Ecosystem: Market to Reach $3.04 Trillion and 30 Billion Connected "Things" in 2020

Finding Success in the New IoT Ecosystem: Market to Reach $3.04 Trillion and 30 Billion Connected "Things" in 2020

A newly released IoT ecosystem forecast provides much needed clarity, defining the hardware, software, services, connectivity, and security that make up the evolving IoT ecosystem. The worldwide IoT market is forecast to grow from $1.3 trillion in 2013 to $3.04 trillion in 2020 with a compound annual growth rate (CAGR) of 13%.

While most everyone agrees that the Internet of Things (IoT) is poised for explosive growth and represents boundless opportunities – billions of connected things driving trillions in revenue – understanding where the revenue opportunities lie across different technology layers has remained elusive.

The Internet of Things is defined as a network of networks of uniquely identifiable endpoints (or “things”) that communicate without human interaction using IP connectivity – be it “locally” or globally. IDC’s view of the IoT ecosystem includes intelligent systems, network equipment, connectivity services, data integration, and often other types of software, applications, services and security. As IoT moves beyond the hype and promise, a variety of vendor strategies and key players will emerge to find success in meeting customers’ needs as well as growing new revenue streams from this net new market opportunity.

“The opportunities presented by IoT are driving widespread attention among both traditional and non-traditional ICT vendors looking to take advantage of emerging revenue opportunities,” said Vernon Turner, Senior Vice President, Enterprise Infrastructure, Consumer, Network, Telecom and IoT Research. “We’re still in the early stages of maturation and IoT represents unparalleled opportunity in government, consumer, and enterprise environments.”

The homogeneity of connectivity needs has allowed the North American market to sidestep border-driven IoT adoption challenges and set the groundwork for IoT market growth. In addition, government mandates and more openly eco-conscious cultures will drive Western Europe and Asia/Pacific to outpace North America in terms of IoT revenues and installed base through 2020.

“There will be no one leader in this market,” said Carrie MacGillivray, Vice President, IoT and Mobile Service & Infrastructure. “The market will rely on partnerships, federation, and innovative services to create truly valuable IoT solutions.”

Additional findings from new IoT ecosystem market forecast include the following:

• In the IoT market, a collection of vendors, service providers and systems integrators must co-exist and integrate products and solutions to realize success.


• The installed and connected base of IoT units will reach approximately 30 billion in 2020.


• Startup vendors are working feverishly to carve out their strategies to attack this market and will drive the innovation pace of larger vendors.

The new study, Worldwide Internet of Things 2014-2020 Forecast: Forecast Update and Revenue by Technology Split, analyzes the Internet of Things (IoT) market at a worldwide level and provides forecasts for IoT installed base and revenue opportunity by technology segment as well as by region. It provides an update to the worldwide IoT market outlook published in Worldwide and Regional Internet of Things (IoT) 2014-2020 Forecast: A Virtuous Circle of Proven Value and Demand (May 2014). It updates the worldwide IoT units installed and revenues. The full breadth of the IoT ecosystem revenue is put forth in the revenue forecast, encompassing revenue from the IoT system shipments themselves as well as revenue from connectivity, infrastructure, purpose-built IoT platforms, applications, security, analytics, storage, servers and services attributable to the base of installed IoT systems. The study discusses the key themes contributing to and characterizing the worldwide and regional growth of the IoT.

 

Finding Success in the New IoT Ecosystem: Market to Reach $3.04 Trillion and 30 Billion Connected "Things" in 2020

Internet of Things Spending by Vertical Market

ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new IDC report entitled “Worldwide Internet of Things Spending by Vertical Market 2014-2017 Forecast“, which defines the IT opportunity for  all vertical markets that comprise  the burgeoning Internet of Things market. The new report segments the IoT market as well as provides a forecast that illustrates which vertical industries show the greatest market opportunity over the next several years.

As the Internet of Things IoT market starts to coalesce in both concept and solution offering, IDC recommends vendors take the next step and look at this huge IT opportunity in a more realistic and valuable framework. As exciting as the overall opportunity for the IoT market currently exists, understanding the vertical ramifications is paramount. All of the greatest IoT IT opportunities — from the connected home, smart meters, the connected car, and smart grid to personal wellness and connected health — are driven from a vertical market perspective.

The Internet of Things market must be understood in terms of vertical markets because the value of IoT is based on individual use cases across all markets. Successful sales and marketing efforts by vendors will be based on understanding the most lucrative verticals that offer current growth and future potential and then creating solutions for specific use cases that address industry-specific business processes.

IDC defines the Internet of Things concept as a wired or wireless network connecting devices, or “things,” that is characterized by autonomous provisioning, management, and monitoring. IoT already impacts our everyday life down to the smallest processes. The vertical opportunity that arises from IoT is already in play, but only if the need for vertical expertise is recognized and offered. Realizing the existence of vertical opportunity is the first step to understanding the impact — and therefore market opportunity that exists — for IT vendors. In addition:

• IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries.


• The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already “understand” IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity.


• IoT is a derivative market containing many elements, including horizontal IT components as well as vertical and industry-specific IT elements. It is these vertical components where IT vendors will have to distinguish themselves to address industry-specific IoT needs.


• IoT opens up many IT vendors to the consumer market, providing B2B2C services to connect and run homes and automobiles — all the places that electronic devices will have a networking capability.

According to the report, the first step to understand how vendors can position themselves will be to understand the components of the IoT/M2M IT ecosphere. Because this is a derivative market, there are many opportunities for vendors to offer parts or product suites that cover the needed IoT IT set. And vendors will have incentive to do so due to rapid growth which will occur as industries see the convenience, productivity, and efficiency that IoT brings to business processes. Accordingly, while horizontal-focused IT vendors will look to offer IoT solutions that appeal to many industries, there will also be impetus to offer vertical-focused solutions that make IoT tangible for both industries applications (M2M) and consumer needs (B2B2C).

The IoT market will greatly impact and offer the potential for vertical-aligned businesses to improve both performance and profitability. The IoT solutions space will expand exponentially and will offer every business endless IoT-focused solutions. The initial strategy of businesses should be to avoid choosing IoT-based solutions that will solve only immediate concerns and lack ‘staying power.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: “Worldwide Internet of Things Spending by Vertical Market 2014-2017 Forecast“

Internet of Things Spending by Vertical Market

Finding Success in the New IoT Ecosystem: Market to Reach $3.04 Trillion and 30 Billion Connected "Things" in 2020

A newly released IoT ecosystem forecast provides much needed clarity, defining the hardware, software, services, connectivity, and security that make up the evolving IoT ecosystem. The worldwide IoT market is forecast to grow from $1.3 trillion in 2013 to $3.04 trillion in 2020 with a compound annual growth rate (CAGR) of 13%.

While most everyone agrees that the Internet of Things (IoT) is poised for explosive growth and represents boundless opportunities – billions of connected things driving trillions in revenue – understanding where the revenue opportunities lie across different technology layers has remained elusive.

The Internet of Things is defined as a network of networks of uniquely identifiable endpoints (or “things”) that communicate without human interaction using IP connectivity – be it “locally” or globally. IDC’s view of the IoT ecosystem includes intelligent systems, network equipment, connectivity services, data integration, and often other types of software, applications, services and security. As IoT moves beyond the hype and promise, a variety of vendor strategies and key players will emerge to find success in meeting customers’ needs as well as growing new revenue streams from this net new market opportunity.

“The opportunities presented by IoT are driving widespread attention among both traditional and non-traditional ICT vendors looking to take advantage of emerging revenue opportunities,” said Vernon Turner, Senior Vice President, Enterprise Infrastructure, Consumer, Network, Telecom and IoT Research. “We’re still in the early stages of maturation and IoT represents unparalleled opportunity in government, consumer, and enterprise environments.”

The homogeneity of connectivity needs has allowed the North American market to sidestep border-driven IoT adoption challenges and set the groundwork for IoT market growth. In addition, government mandates and more openly eco-conscious cultures will drive Western Europe and Asia/Pacific to outpace North America in terms of IoT revenues and installed base through 2020.

“There will be no one leader in this market,” said Carrie MacGillivray, Vice President, IoT and Mobile Service & Infrastructure. “The market will rely on partnerships, federation, and innovative services to create truly valuable IoT solutions.”

Additional findings from new IoT ecosystem market forecast include the following:

• In the IoT market, a collection of vendors, service providers and systems integrators must co-exist and integrate products and solutions to realize success.


• The installed and connected base of IoT units will reach approximately 30 billion in 2020.


• Startup vendors are working feverishly to carve out their strategies to attack this market and will drive the innovation pace of larger vendors.

The new study, Worldwide Internet of Things 2014-2020 Forecast: Forecast Update and Revenue by Technology Split, analyzes the Internet of Things (IoT) market at a worldwide level and provides forecasts for IoT installed base and revenue opportunity by technology segment as well as by region. It provides an update to the worldwide IoT market outlook published in Worldwide and Regional Internet of Things (IoT) 2014-2020 Forecast: A Virtuous Circle of Proven Value and Demand (May 2014). It updates the worldwide IoT units installed and revenues. The full breadth of the IoT ecosystem revenue is put forth in the revenue forecast, encompassing revenue from the IoT system shipments themselves as well as revenue from connectivity, infrastructure, purpose-built IoT platforms, applications, security, analytics, storage, servers and services attributable to the base of installed IoT systems. The study discusses the key themes contributing to and characterizing the worldwide and regional growth of the IoT.

 

Finding Success in the New IoT Ecosystem: Market to Reach $3.04 Trillion and 30 Billion Connected "Things" in 2020

Internet of Things Spending by Vertical Market

ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new IDC report entitled “Worldwide Internet of Things Spending by Vertical Market 2014-2017 Forecast“, which defines the IT opportunity for  all vertical markets that comprise  the burgeoning Internet of Things market. The new report segments the IoT market as well as provides a forecast that illustrates which vertical industries show the greatest market opportunity over the next several years.

As the Internet of Things IoT market starts to coalesce in both concept and solution offering, IDC recommends vendors take the next step and look at this huge IT opportunity in a more realistic and valuable framework. As exciting as the overall opportunity for the IoT market currently exists, understanding the vertical ramifications is paramount. All of the greatest IoT IT opportunities — from the connected home, smart meters, the connected car, and smart grid to personal wellness and connected health — are driven from a vertical market perspective.

The Internet of Things market must be understood in terms of vertical markets because the value of IoT is based on individual use cases across all markets. Successful sales and marketing efforts by vendors will be based on understanding the most lucrative verticals that offer current growth and future potential and then creating solutions for specific use cases that address industry-specific business processes.

IDC defines the Internet of Things concept as a wired or wireless network connecting devices, or “things,” that is characterized by autonomous provisioning, management, and monitoring. IoT already impacts our everyday life down to the smallest processes. The vertical opportunity that arises from IoT is already in play, but only if the need for vertical expertise is recognized and offered. Realizing the existence of vertical opportunity is the first step to understanding the impact — and therefore market opportunity that exists — for IT vendors. In addition:

• IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries.


• The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already “understand” IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity.


• IoT is a derivative market containing many elements, including horizontal IT components as well as vertical and industry-specific IT elements. It is these vertical components where IT vendors will have to distinguish themselves to address industry-specific IoT needs.


• IoT opens up many IT vendors to the consumer market, providing B2B2C services to connect and run homes and automobiles — all the places that electronic devices will have a networking capability.

According to the report, the first step to understand how vendors can position themselves will be to understand the components of the IoT/M2M IT ecosphere. Because this is a derivative market, there are many opportunities for vendors to offer parts or product suites that cover the needed IoT IT set. And vendors will have incentive to do so due to rapid growth which will occur as industries see the convenience, productivity, and efficiency that IoT brings to business processes. Accordingly, while horizontal-focused IT vendors will look to offer IoT solutions that appeal to many industries, there will also be impetus to offer vertical-focused solutions that make IoT tangible for both industries applications (M2M) and consumer needs (B2B2C).

The IoT market will greatly impact and offer the potential for vertical-aligned businesses to improve both performance and profitability. The IoT solutions space will expand exponentially and will offer every business endless IoT-focused solutions. The initial strategy of businesses should be to avoid choosing IoT-based solutions that will solve only immediate concerns and lack ‘staying power.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: “Worldwide Internet of Things Spending by Vertical Market 2014-2017 Forecast“

Internet of Things Spending by Vertical Market

Internet of Things: IoT Market Leaders

ELECTRONICS.CA PUBLICATIONS announces the availability of a new report entitled “Internet of Things – IoT Market Leaders: ARM, Broadcom, Cisco, Freescale, Google, Intel, McAfee, Oracle, PTC, Qualcomm, Samsung”.

The telecommunications industry is rapidly evolving to a world in which objects (devices, equipment, and other assets) are autonomously communicating, transacting, signaling, etc. Arguably this so-called Internet of Things (IoT) market will overtake human communications rapidly as there are vastly more objects in the world than humans, they can communicate much faster, much more frequently, and for many more reasons than humans.

This report provides an evaluation of leading companies and associated solutions within IoT marketplace. Companies included in this study include ARM, Broadcom, Cisco, Freescale, Google, Intel, McAfee, Oracle, PTC, Qualcomm, Samsung, SAP, TE Connectivity, and Texas Instruments. The report also analyzes the IoT ecosystem including critical functions and potential company M&A targets.

Key Findings:

• Companies providing the fundamental building blocks and support infrastructure for IoT are positioned to capitalize the most in the early days of IoT. This group of companies consists of component (hardware, software, and middleware) as well as support solutions (security, privacy, interoperability, and controls).


• There will be many companies/solutions that will emerge in the years 2014 – 2020, during the formative years for the IoT ecosystem, and prior to a large infection point, which will develop functionality necessary to sustain IoT operations and facilitate sufficient market verticals to adopt automated business practices and related service offerings.


• We see consolidation occurring, both early and late, within the IoT lifecycle and ecosystem. Some of the early players fulfilling critical roles such as Identity Management, will be acquired by much bigger companies very early in the introduction stage.


• The IoT mediation capability is key to the sustainable growth of IoT services as it provides critical functions such as privacy, security, access control, preference control, and more.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site.  View the report: Internet of Things (IoT) Leaders: ARM, Broadcom, Cisco, Freescale, Google, Intel, McAfee, Oracle, PTC, Qualcomm, Samsung.

 

Internet of Things: IoT Market Leaders

Internet of Things Spending by Vertical Market

ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new IDC report entitled “Worldwide Internet of Things Spending by Vertical Market 2014-2017 Forecast“, which defines the IT opportunity for  all vertical markets that comprise  the burgeoning Internet of Things market. The new report segments the IoT market as well as provides a forecast that illustrates which vertical industries show the greatest market opportunity over the next several years.

As the Internet of Things IoT market starts to coalesce in both concept and solution offering, IDC recommends vendors take the next step and look at this huge IT opportunity in a more realistic and valuable framework. As exciting as the overall opportunity for the IoT market currently exists, understanding the vertical ramifications is paramount. All of the greatest IoT IT opportunities — from the connected home, smart meters, the connected car, and smart grid to personal wellness and connected health — are driven from a vertical market perspective.

The Internet of Things market must be understood in terms of vertical markets because the value of IoT is based on individual use cases across all markets. Successful sales and marketing efforts by vendors will be based on understanding the most lucrative verticals that offer current growth and future potential and then creating solutions for specific use cases that address industry-specific business processes.

IDC defines the Internet of Things concept as a wired or wireless network connecting devices, or “things,” that is characterized by autonomous provisioning, management, and monitoring. IoT already impacts our everyday life down to the smallest processes. The vertical opportunity that arises from IoT is already in play, but only if the need for vertical expertise is recognized and offered. Realizing the existence of vertical opportunity is the first step to understanding the impact — and therefore market opportunity that exists — for IT vendors. In addition:

• IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries.


• The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already “understand” IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity.


• IoT is a derivative market containing many elements, including horizontal IT components as well as vertical and industry-specific IT elements. It is these vertical components where IT vendors will have to distinguish themselves to address industry-specific IoT needs.


• IoT opens up many IT vendors to the consumer market, providing B2B2C services to connect and run homes and automobiles — all the places that electronic devices will have a networking capability.

According to the report, the first step to understand how vendors can position themselves will be to understand the components of the IoT/M2M IT ecosphere. Because this is a derivative market, there are many opportunities for vendors to offer parts or product suites that cover the needed IoT IT set. And vendors will have incentive to do so due to rapid growth which will occur as industries see the convenience, productivity, and efficiency that IoT brings to business processes. Accordingly, while horizontal-focused IT vendors will look to offer IoT solutions that appeal to many industries, there will also be impetus to offer vertical-focused solutions that make IoT tangible for both industries applications (M2M) and consumer needs (B2B2C).

The IoT market will greatly impact and offer the potential for vertical-aligned businesses to improve both performance and profitability. The IoT solutions space will expand exponentially and will offer every business endless IoT-focused solutions. The initial strategy of businesses should be to avoid choosing IoT-based solutions that will solve only immediate concerns and lack ‘staying power.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: “Worldwide Internet of Things Spending by Vertical Market 2014-2017 Forecast“

Internet of Things Spending by Vertical Market

Multi-Component IC Packaging for the Internet of Things

ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new report entitled “The Multi-Component IC Packaging Market, 2014 Edition”.  This report covers these important IC package technologies, including stacked packaging, through via technology, 2.5-D and 3-D technologies, and system in package, or SiP.

Having all the functionality of a video recorder, camera, cell phone, computer, and the ability to have Internet access all in one device which fits in one’s pocket is an amazing feat. Increasingly it is the IC package which is aiding the transformation in the way we communicate, listen to music, gather data, address our medical needs, and perform our everyday business needs.

Complex multi-component IC packages have added a new dimension to high speed and small form factor.   The through via technology, also knows as TSV, or through silicon via technology, is an innovative method of connecting the die in these packages in which the die are vertically stacked, and will have the ability to usher in a host of new products with even higher bandwidth capabilities, thus being a “game changer” for the industry.  This technology will allow for higher bandwidth, smaller form factor, lower battery consumption, and higher speed.  More will be able to be accomplished with smaller handheld devices, including medical diagnostics which can be performed anywhere Internet or RF capability is available.

Report Coverage

• Stacked Packages


• Through Silicon Vias (TSV)


• 2.5-D and 3-D Integration


• 2.5-D Interposers


• System in Package (SiP)

Report Highlights

• Market Analysis and Forecasts, 2011-2017


• Key Application Forecasts


• New Product/Technology Introductions


• 32 Tables, 65 Figures

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: “The Multi-Component IC Packaging Market”

 

Multi-Component IC Packaging for the Internet of Things

Internet of Things Spending by Vertical Market 2014–2017 Forecast

ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new IDC report entitled “Worldwide Internet of Things Spending by Vertical Market 2014-2017 Forecast“, which defines the IT opportunity for  all vertical markets that comprise  the burgeoning Internet of Things market. The new report segments the IoT market as well as provides a forecast that illustrates which vertical industries show the greatest market opportunity over the next several years.

As the Internet of Things IoT market starts to coalesce in both concept and solution offering, IDC recommends vendors take the next step and look at this huge IT opportunity in a more realistic and valuable framework. As exciting as the overall opportunity for the IoT market currently exists, understanding the vertical ramifications is paramount. All of the greatest IoT IT opportunities — from the connected home, smart meters, the connected car, and smart grid to personal wellness and connected health — are driven from a vertical market perspective.

The Internet of Things market must be understood in terms of vertical markets because the value of IoT is based on individual use cases across all markets. Successful sales and marketing efforts by vendors will be based on understanding the most lucrative verticals that offer current growth and future potential and then creating solutions for specific use cases that address industry-specific business processes.

IDC defines the Internet of Things concept as a wired or wireless network connecting devices, or “things,” that is characterized by autonomous provisioning, management, and monitoring. IoT already impacts our everyday life down to the smallest processes. The vertical opportunity that arises from IoT is already in play, but only if the need for vertical expertise is recognized and offered. Realizing the existence of vertical opportunity is the first step to understanding the impact — and therefore market opportunity that exists — for IT vendors. In addition:

• IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries.


• The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already “understand” IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity.


• IoT is a derivative market containing many elements, including horizontal IT components as well as vertical and industry-specific IT elements. It is these vertical components where IT vendors will have to distinguish themselves to address industry-specific IoT needs.


• IoT opens up many IT vendors to the consumer market, providing B2B2C services to connect and run homes and automobiles — all the places that electronic devices will have a networking capability.

According to the report, the first step to understand how vendors can position themselves will be to understand the components of the IoT/M2M IT ecosphere. Because this is a derivative market, there are many opportunities for vendors to offer parts or product suites that cover the needed IoT IT set. And vendors will have incentive to do so due to rapid growth which will occur as industries see the convenience, productivity, and efficiency that IoT brings to business processes. Accordingly, while horizontal-focused IT vendors will look to offer IoT solutions that appeal to many industries, there will also be impetus to offer vertical-focused solutions that make IoT tangible for both industries applications (M2M) and consumer needs (B2B2C).

The IoT market will greatly impact and offer the potential for vertical-aligned businesses to improve both performance and profitability. The IoT solutions space will expand exponentially and will offer every business endless IoT-focused solutions. The initial strategy of businesses should be to avoid choosing IoT-based solutions that will solve only immediate concerns and lack ‘staying power.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: “Worldwide Internet of Things Spending by Vertical Market 2014-2017 Forecast“

Internet of Things Spending by Vertical Market 2014–2017 Forecast