Gartner: 8.4 billion ‘things’ to be connected in 2017
Research firm Gartner has predicted that 8.4 billion connected ‘things’ will be in use around the world in 2017, up 31 per cent from 2016. These will be connected to the Internet of Things (IoT), which is seeing constant expansion.
The company also forecast that this will reach 20.4 billion by 2020.
It is expected that total spending on endpoints and services will reach almost $2 trillion (£1.6 trillion) in 2017.
According to Gartner, the Greater China region, North America and Western Europe are driving the use of connected things and the three regions together will represent 67 per cent of the overall IoT installed base in 2017.
The consumer segment will make the most use of connected things this year, with 5.2 billion units. This represents 63 per cent of the overall number of applications in use. Businesses are on pace to employ 3.1 billion connected things in 2017.
Peter Middleton, research director at Gartner, said: “Aside from automotive systems, the applications that will be most in use by consumers will be smart TVs and digital set-top boxes, while smart electric meters and commercial security cameras will be most in use by businesses.” Gartner has also revealed that although consumers purchase more devices, businesses spend more on IoT-connected devices. In 2017, the use of connected things among businesses will drive $964 billion in terms of hardware spending. In comparison, consumer applications will amount to $725 billion this year. However, by 2020, hardware spending from both segments will reach almost $3 trillion.
Denise Rueb, research director at Gartner, explained that IoT services are vital to the rise in IoT devices. She said: “Consumer IoT services are newer and growing off a small base. Similarly, connectivity services are growing robustly as costs drop, and new applications emerge.”
Share This Post, Choose Your Platform!
With over 25 years in the business telecoms industry and an unrivalled reputation of delivering excellent, personal customer service, Arrow is one of very few companies in the UK able to provide a full telecoms, IT and energy consultancy and service proposition.
Savings through automation, scale, improved service. We’ve got that covered. But the true value comes with empathy, through empowerment, collaboration. It’s connecting people that drives us forward. It’s people that make tomorrow happen.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.