Table of Contents
80 Billion Connected Devices Worldwide by 2020
This study discusses the implications of Internet of Things (IoT) or the Internet of Everything (IoE) on the test and measurement market and their impact on the industry in 2020.This study also discusses recent trends in the market, with significant proliferation of IoT, as well as technological trends. By 2020, there will about 80 billion connected devices worldwide and the smartphone will evolve from being a communication gateway to coordinating resources among various devices in the IoT closed network.
-Dedicated Internet of Things (IoT) networks to support the needs of connected devices are expected to emerge.
-The smartphone will evolve from being a communication gateway to coordinate resources among various devices in the IoT closed network.
-IoT will provide opportunities for test and measurement across the product lifecycle, from design to manufacturing to servicing.
-IoT has a range of low-end devices that won’t be able to support the cost of test because the components are so inexpensive. Therefore, test solutions are likely to move up the value chain to the chipset or module level for such devices.
-The IoT value chain consists of devices that are both intelligent and connected; the complexity of this ecosystem would significantly increase the demand for test and measurement tools.
IoT is a converged evolution of wireless technology, micro-electromechanical systems (MEMS) and the Internet, allowing objects with a unique identifier (UID) to have machine-to-machine (M2M) interaction without or minimal human intervention.
Get Industry Insights. Simply.
Talk to Veronica
+1 718 514 2762
"Connectivity comprises only 14% of mobile IoT and LPWA solutions revenue and it is unclear how operators will successfully generate value beyond this." Total revenue from the mobile IoT and LPWA solutions ...
“Growing need for centralized monitoring and predictive maintenance of manufacturing infrastructure is boosting the growth of the IoT in manufacturing market” The Internet of Things (IoT) in manufacturing ...
Use this report to: - Learn about the important role that sensors play in Internet of Things (IoT) applications. - Gain an insight in to the opportunities that the IoT provides for sensor manufacturers. ...