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Global Market Potential of Computers & Internet

September 11, 2016 Facebook Twitter LinkedIn Google+ Entering New Markets,Marketing Your Company,Export Marketing

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The Global Market Potential of Computers & Internet

– Over the next five years, global IP networks will support up to 10 billion new devices and connections, increasing from 16.3 billion in 2015 to 26.3 billion by 2020. There are projected to be 3.4 devices and connections per capita by 2020—up from 2.2 per capita in 2015.
– Globally, M2M connections are calculated to grow nearly three-fold from 4.9 billion in 2015 to 12.2 billion by 2020, representing nearly half (46 percent) of total connected devices.
– Connected home M2M connections will increase from 2.4 billion in 2015 to 5.8 billion in 2020, accounting for nearly half of total M2M connections worldwide.

– Between 2015 and 2021, IoT is expected to increase at a compounded annual growth rate (CAGR) of 23 percent, making up close to 16 billion of the total forecast 28 billion connected devices by 2021.

Internet of Things (IoT) Market by Software Solution Global Forecast to 2021: CAGR of 33.3% from 2016 to 2021
– Market valued at USD 605.69 billion in 2014
– Asia Pacific region acquired over 35% of the global revenue share in 2014 and is projected to grow at a CAGR close to 18% from 2015 to 2022
– Consumer electronics application segment accounted for nearly 30% of the market

Internet of Things (IoT) Global Forecast to 2021:
– Estimated to grow from USD 157.05 billion in 2016 to USD 661.74 billion by 2021, at a CAGR of 33.3% from 2016 to 2021.
-Managed services segment is expected to grow at the highest rate between 2016 and 2021.

– M2M is expected to grow at an annual growth rate of 25 percent up to 2021
– In total, around 28 billion connected devices are expected by 2021, of which more than 15 billion will be connected M2M and consumer electronics devices
– 1.5 billion M2M and consumer electronics devices with cellular subscriptions by 2021

– 6.4 billion connected things will be in use worldwide in 2016, up 30 percent from 2015, and will reach 20.8 billion by 2020.
– Gartner estimates that 4 billion connected things will be in use in the consumer sector in 2016, and will reach 13.5 billion in 2020

– The IoT has a total potential economic impact of $3.9 trillion to $11.1 trillion a year by 2025

Worldwide Internet of Things Forecast, 2015–2020:
– Market to Grow 19% in 2015
– Spend will grow from $591.7 billion in 2014 to $1.3 trillion in 2019 with a compound annual growth rate of 17%.
– The installed base of IoT endpoints will grow from 9.7 billion in 2014 to more than 25.6 billion in 2019, hitting 30 billion in 2020

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