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Internet of Everything/Things: Implications for Test & Measurement

  • April 2015
  • 32 pages
  • Frost & Sullivan
Report ID: 2910392

Summary

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.

Key Findings

-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.

Market Overview

Market Definition

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.

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