IDC's Asia/Pacific Internet of Things Conference 2014

November 12, 2014

The Internet of Things represents a new construct in an ICT world. It is this new market proposition that is occupying the collective mind of IT vendors, service providers, and systems integrators as it represents huge potential for new streams of revenue and new customers. This market analysis provides IDC's worldwide perspective on the market potential for the Internet of Things across the ecosystem of intelligent systems (ISs), connectivity, platforms, analytics, and applications. The IoT already impacts our everyday life down to the smallest processes. Deconstructing its complexity is the first step to understanding the impact and therefore the market opportunity that exists for IT vendors and services providers. IDC has looked at the components, processes, and supporting IT and connectivity for the Internet of Things. According to new research from International Data Corporation (IDC), a transformation is underway that will see the worldwide market for IoT solutions grow from $1.9 trillion in 2013 to $7.1 trillion in 2020. The 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.

Link to event website