Wednesday, May 8, 2013


Over 30 Billion Wireless-connected Devices to Be Part of the IoE in 2020 via Market Insight  Published 02 May 2013 by Peter Cooney

ABI Research Releases Latest Data on the IoE

NEWS


The Internet of Everything (IOE), also described as the Internet of Things or M2M, has been a concept for many years; the linking of billions of devices from smartphones to heart-rate monitors in a simple and effective way will drive many improvements for mankind.
It is emerging as the key topic for many electronics companies, whether they are IC vendors, module suppliers, device OEMs, software vendors, service providers, or many others.

Ultra-low Power Is a Key Ingredient

IMPACT


The emergence of standardized ultra-low power wireless technologies is one of the main enablers of the IOE, with technologies like Bluetooth and ZigBee driving node/sensor-enablement implementations, and Wi-Fi providing the backbone for data transfer to the cloud.
Although wired solutions play a part in the IOE market, it is the wireless solutions that will be the major enablers. ABI Research's coverage of the IOE is focused on wirelessly connected devices, and the forecasts in this database, therefore, include devices that are connected via cellular (2G/3G/4G), Wi-Fi, Bluetooth, 802.14.4 (e.g., ZigBee), NFC, RFID, GPS/GNSS, and proprietary wireless technologies.

With More IoE-connected Devices, More Verticals Will Grow

COMMENTARY


The year 2013 is seen by many as the year of the IoE, but it will still be many years until it reaches its full potential. The next five years will be pivotal in its growth and establishment as a tangible concept to the consumer.
More than 10 billion wirelessly connected devices are in the market today; by 2020, this is expected to be over 30 billion. This will be made up of many devices using various wireless technologies, some utilizing one technology and some multiple technologies. ABI Research’s latest Internet of Everything Market Tracker Market Data breaks up the market in numerous ways. Also, while looking at eight vertical markets (displayed below), it is shown that mobile devices are by far the largest vertical today, but the strongest growth will occur in emerging verticals such as connected home and PCs; automotive, transportation, and logistics; and retail and advertising. More details can be found in the recently published Internet of Everything Market Tracker Market Data (MD-IOE-101).