IoT Predictions

In 2015, many research firms predicted the number of IoT devices in use by 2020. These predictions varied, but most indicated that there would be a massive increase in IoT devices. That market hype may have been widely optimistic. Still, the vast investment in AI and Robotics may accelerate market demand for distributed sensory data putting commercial IoT devices back into an accelerated growth trajectory similar to the GPUs.

  • Gartner predicted connected IoT devices at 20.8 billion by 2020.
  • IDC forecasted connected IoT devices at 29.5 billion by 2020.
  • Cisco estimated connected IoT devices at 50 billion by 2020.