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The Top 30 Trends & Statistics on the Future of IoT, M2M & Cloud Computing

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Here we discuss the 30 major predictions, trends and statistics we found on Iot, M2M and Cloud Computing in 2017

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The Top 30 Trends & Statistics on the Future of IoT, M2M & Cloud Computing

  1. 1. Here We Present to You the 30 Trends and Statistics on the future of IoT, M2M & Cloud Computing
  2. 2. The number of connected IoT (Internet of Things) devices, sensors and actuators will reach over 46 billion in 2021. (Juniper, 2016)
  3. 3. Connected home M2M connections will increase from 2.4 billion in 2015 to 5.8 billion in 2020, accounting for nearly half of total M2M connections worldwide. (Cisco, 2016)
  4. 4. Over the next five years, global IP networks will support up to 10 billion new devices and connections, increasing from 16.3 billion in 2015 to 26.3 billion by 2020. (Cisco, 2016)
  5. 5. The IoT has a total potential economic impact of $3.9 trillion to $11.1 trillion a year by 2025 (Mckinsey, 2015).
  6. 6. Between 2015 and 2021, IoT is expected to increase at a CAGR of 23 percent, making up close to 16 billion of the total forecast 28 billion connected devices by 2021. (Ericsson, 2016)
  7. 7. The IoT has a total potential economic impact of $3.9 trillion to $11.1 trillion a year by 2025 (Mckinsey, 2015).
  8. 8. In total, around 28 billion connected devices are expected by 2021, of which more than 15 billion will be connected M2M and consumer electronics devices. (Ericsson, 2015)
  9. 9. Nearly $6 trillion will be spent on IoT solutions over the next five years. (Business Insider, 2015)
  10. 10. 6.4 billion connected things will be in use worldwide in 2016, up 30 percent from 2015, and will reach 20.8 billion by 2020. (Gartner, 2015)
  11. 11. There will be 34 billion devices connected to the internet by 2020, up from 10 billion in 2015. (Gartner, 2015)
  12. 12. More than 50% of IT spending will be cloud-based by 2018 (Forbes, 2016)
  13. 13. Globally, M2M connections are calculated to grow nearly threefold from 4.9 billion in 2015 to 12.2 billion by 2020, representing nearly half (46 percent) of total connected devices. (Cisco, 2016)
  14. 14. 74% of Tech Chief Financial Officers say cloud computing will have the most measurable impact on their business in 2017 (Forbes, 2016)
  15. 15. The Global Internet of Things (IoT) market reached USD 598.2 Billion in 2015 and the market is expected to reach USD 724.2 Billion by 2023. (Nester Research, 2016)
  16. 16. Demand for cloud will grow 18% this year to $246.8 billion in total worldwide revenue from $209.2 billion (Gartner)
  17. 17. M2M is expected to grow at an annual growth rate of 25% up to 2021. (Ericsson, 2015)
  18. 18. The Internet of Things Technology Market is expected to grow from USD 130.33 Billion in 2015 to USD 883.55 Billion by 2022, at a CAGR of 32.4% between 2016 and 2022. (Markets & Markets, 2016).
  19. 19. 64% of Companies, have reduced waste and lowered energy consumption levels after shifting to cloud computing (Sysfore, 2017)
  20. 20. 1.5 billion M2M and consumer electronics devices with cellular subscriptions by 2021. (Ericsson, 2015)
  21. 21. Global Spend on cloud infrastructure is to grow at a CAGR of 19.4% to reach $141 billion by 2019 (IDC, 2016)
  22. 22. Smartphone traffic will exceed PC traffic. In 2016, PCs accounted for 46 percent of total IP traffic, but by 2021 PCs will account for only 25 percent of traffic. (Cisco, 2017)
  23. 23. The top challenges for cloud buyers are equally – expertise, security, and cost (Right Scale, 2016)
  24. 24. Gartner estimates that 4 billion connected things will be in use in the consumer sector in 2016, and will reach 13.5 billion in 2020. (Gartner, 2015)
  25. 25. 2014 represented the first year when the majority of workloads were on the cloud (NexiiLabs, 2017) ≈
  26. 26. 60–70% of all software, services and technology spending will be cloud-based by 2020 (Forbes, 2016)
  27. 27. 80% of Companies that adopt the cloud see improvements within their IT department within 6 months (Nexiilabs, 2016)
  28. 28. The Internet of Things on the global economy might be as high as $6.2 trillion by 2025. (Mckinsey, 2014).
  29. 29. 70% of 200 Midsized companies are actively persuing cloud based analytics (Sysfore, 2017)
  30. 30. The IoT has a total potential economic impact of $3.9 trillion to $11.1 trillion a year by 2025 (Mckinsey, 2015). (Business Insider, 2015)
  31. 31. RECAP is a H2020 project to develop the next generation of cloud, edge and fog computing capacity provisioning via targeted research advances in cloud infrastructure optimisation, simulation and automation. For More Information Visit: http://recap-project.eu/

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