Taipei, Monday, Nov 29, 2021, 05:30

News

Connected IoT Devices Will Surge to 125 Billion Units by 2030, IHS Markit Says

Published: Oct 25,2017

The number of connected Internet of Things (IoT) devices worldwide will jump 12 percent on average annually, from nearly 27 billion in 2017 to 125 billion in 2030, according to new analysis from IHS Markit.

More on This

Coronavirus Disrupts Display Panel Production in China, Spurring Supply Shortfalls and Rising Prices

The escalating coronavirus crisis is impacting production at display panel factories located in the semi-quarantined city of Wuhan...

AMOLED TV Display Market Revenue to Reach $7.5 Billion by 2025, Says IHS Market

Driven by falling prices and rising consumer demand for thinner, lighter and more colorful television sets, market reven...

In a new free ebook entitled “The Internet of Things: a movement, not a market,” IHS Markit details how the IoT is revolutionizing the competitive landscape by transforming everyday business practices and opening new windows of opportunity.

According to the ebook, global data transmissions are expected to increase from 20 to 25 percent annually to 50 percent per year, on average, in the next 15 years.

“The emerging IoT movement is impacting virtually all stages of industry and nearly all market areas — from raw materials to production to distribution and even the consumption of final goods,” said Jenalea Howell, research director for IoT connectivity and smart cities at IHS Markit. “This represents a constantly evolving movement of profound change in how humans interact with machines, information and even each other.”

IHS Markit has identified four foundational, interconnected pillars at the core of the IoT movement: connect, collect, compute and create.

“While internet-connected devices hold tremendous potential, many companies are having difficulty identifying a consistent IoT strategy,” Howell said. “The four Cs of IoT — connect, collect, compute, create — offer a pathway to navigate and take advantage of the changes and opportunities brought about by the IoT revolution.”

CTIMES loves to interact with the global technology related companies and individuals, you can deliver your products information or share industrial intelligence. Please email us to en@ctimes.com.tw

1599 viewed

comments powered by Disqus