Worldwide IDC Global DataSphere IoT Device Installed Base and Data Generated Forecast, 2024–2028
This IDC study forecasts the installed base of the number of connected IoT "things" and the data generated yearly by these things. This forecast study also categorizes the devices and the data across several categories, including computer vision cameras, consumer/connected homes, industrial/commercial, medical devices, and navigation/automotive/transportation. The Market Definition section includes definitions of the categories and the devices in each category."IoT continues to be the driving force for digital transformation. The data gathered from connected devices is now fueling AI, creating another data race," said Carlos M. González, research manager for the Internet of Things at IDC. "Organizations looking to enhance operations need to continue to grow their IoT networks to gain operational insights and be ready for the next wave of innovation driven by AI."
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Defining the Internet of Things
Worldwide IDC Global DataSphere Connected IoT and Non-IoT Device Installed Base Forecast
Connected IoT Device Installed Base Forecast by Device Category
Worldwide IDC Global DataSphere IoT Data Generated Forecast
Market Context
Drivers and Inhibitors
Drivers
Artificial Intelligence Continues to Rise
The Development of Industry 5.0
Energy Regulations and Sustainability Reporting
Inhibitors
Security Concerns for Connected Devices
The Cost of Upgrading Legacy Assets
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research
Research Assistance
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