• Gartner Says 5.8 Billion Enterprise and Automotive IoT Endpoints Will Be in Use in 2020
Gartner, Inc. forecasts that the enterprise and automotive Internet of Things (IoT) market will grow to 5.8 billion endpoints in 2020, a 21% increase from 2019. By the end of 2019, 4.8 billion endpoints are expected to be in use, up 21.5% from 2018.
| Segment | 2018 | 2019 | 2020 |
| Utilities | 0.98 | 1.17 | 1.37 |
| Government | 0.40 | 0.53 | 0.70 |
| Building Automation | 0.23 | 0.31 | 0.44 |
| Physical Security | 0.83 | 0.95 | 1.09 |
| Manufacturing & Natural Resources | 0.33 | 0.40 | 0.49 |
| Automotive | 0.27 | 0.36 | 0.47 |
| Healthcare Providers | 0.21 | 0.28 | 0.36 |
| Retail & Wholesale Trade | 0.29 | 0.36 | 0.44 |
| Information | 0.37 | 0.37 | 0.37 |
| Transportation | 0.06 | 0.07 | 0.08 |
| Total | 3.96 | 4.81 | 5.81 |
Source: Gartner (August 2019)
Top Use-Case Opportunities Vary by Region
Similar to 2019, residential electricity smart metering, which can be used for more accurate metering and billing in the home, will be the top use case for Greater China and Western Europe in 2020, and will represent 26% and 12% of total IoT endpoints, respectively. North America, in comparison, will see its highest IoT endpoint adoption in building intruder detection, such as door and window sensors, which will represent 8% of total IoT endpoints.
North America and Greater China Have the Biggest Market for Endpoint Electronics Revenue
In 2020, revenue from endpoint electronics will total $389 billion globally and will be concentrated over three regions: North America, Greater China and Western Europe. These three regions will represent 75% of the overall endpoint electronics revenue. North America will record $120 billion, Great China will achieve $91 billion and Western Europe will come in third totaling $82 billion in 2020.
In 2020, the two use cases that will produce the most endpoint electronics revenue will be consumer connected cars and networkable printing and photocopying, totaling $72 billion and $38 billion, respectively. Connected cars will retain a significant portion of the total endpoint electronics spending resulting from increasing electronics complexity and manufacturers implementing connectivity in a greater percentage of their vehicle production moving forward. While printers and photocopiers will contribute significant spending in 2020, the market will decline slowly and other use cases such as indoor surveillance will rise as governments focus on public safety.
“Overall, end users will need to prepare to address an environment where the business units will increasingly buy IoT-enabled assets without policies for support, data ownership or integration into existing business applications,” said Alfonso Velosa, research vice president at Gartner. This will require the CIO’s team to start developing a policy and architecture-based approach to support business units’ objectives, while protecting the organization from data threats.
“Product managers will need to deliver but also to clearly and loudly communicate their IoT-based business value to specific verticals and their business processes, if they are to succeed in this crowded arena,” concluded Mr. Velosa.
Gartner IT Symposium/Xpo – 2019 :
Analysts will further discuss the evolution of IoT and its impact on adopters and technology providers during Gartner IT Symposium/Xpo 2019, the world’s most important gathering of CIOs and other senior IT executives. IT executives rely on these events to gain insight into how their organizations can use IT to overcome business challenges and improve operational efficiency.
Upcoming dates and locations for Gartner IT Symposium/Xpo :
September 16-18: Cape Town, South Africa
October 28-31: Gold Coast, Australia
