Assessing the Applications and Importance of IoT

Reading time ( words)

Who Will Win from IoT ?

IDTechEx expect that those who will win from IoT will be solution providers offering solutions that are required by mandate (smart meters) or are wanted by businesses (to solve specific problems) and consumers (being desirable, life improving solutions). The technology differentiation may be small between the biggest successes and the failures, with the difference being those who can create useful solutions that are wanted. An example of this are home thermostats from NEST, with estimated sales approaching $500 million in 2014 (but others are far behind). For some 'niche' applications such as this, there may not be opportunity for more than a handful of solution provider companies - the number one become strongly entrenched.

Other likely winning positions within the IoT value chain will be those making ICs, such as MCUs, but this will become less secure over the coming decade as countries such as China robustly invest in developing their own IC design capabilities. Software for IoT will continue to remain fragmented by being very application focussed, but there will be big business for those analyzing the data, particularly in consumer and government applications. There will be slim margins in hardware assembly.

 Rising from the trough of disillusionment will eventually be huge successful IoT businesses. Fundamental to positioning your company to succeed in IoT is understanding who wants it, why and what the emerging technology solutions are in the short and medium term. This is the goal of the IDTechEx Internet of Things Applications event, to be held in Berlin, Germany on April 28-29. It is the only event on IoT that assesses applications through presentations and engagement with end users from different verticals discussing their needs.

Learn more at: or contact the Event Manager, Corinne Jennings

About IDTechEx

IDTechEx guides your strategic business decisions through its Research and Events services, helping you profit from emerging technologies. IDTechEx Events provide an analytical, commercial outlook, taking into account market requirements, competitive technologies and development roadmaps. Attendees are presented with the full, diverse range of technologies; but the main thrust is always on end user needs and commercialization strategies. For more information please contact us at Events or see


Warning: array_rand() expects parameter 1 to be array, null given in /home/iconnect/releases/20160311/public_html/elements/next_item.php on line 41

Suggested Items

'Lighten Up' - Deep Space Communications via Faraway Photons

10/24/2017 | NASA
A spacecraft destined to explore a unique asteroid will also test new communication hardware that uses lasers instead of radio waves.

OFFSET 'Sprinters' Encouraged to Share Innovative Ideas for Swarm Systems

10/16/2017 | DARPA
DARPA’s OFFensive Swarm-Enabled Tactics (OFFSET) program envisions future small-unit infantry forces using small unmanned aircraft systems (UASs) and/or small unmanned ground systems (UGSs) in swarms of 250 robots or more to accomplish diverse missions in complex urban environments.

CONFERS to Establish “Rules of the Road” for On-Orbit Servicing of Satellites

10/06/2017 | DARPA
“Rules of the road”—widely accepted norms of safety-related behavior based on common understanding—have existed in various forms over the centuries, and have evolved as new technologies have revolutionized how people and vehicles travel. But how are these “rules” created when common understanding of new capabilities is not yet established?

Copyright © 2017 I-Connect007. All rights reserved.