IoT Forecast from Transforma Insights Available for Everybody

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IoT Forecast from Transforma Insights Available for Everybody

Transforma Insights announced that its IoT Forecast Highlights page is available for use. The website provides resources for anyone seeking data for news articles, business plans or pitch decks, as well as a summary of Transforma Insights’ Connected Things (IoT) forecast database. Figures will be updated regularly, thus providing a live view of the forecast information. The charts and tables are free to use as long as they are sourced to Transforma Insights.

The Transforma Insights Connected Things (IoT) forecasts offer a granular analysis of the IoT market until 2030, including country-by-country data for 69 Application Groups, technology splits, public/private network splits, and revenue. The Forecast Highlights page presents a summary.

IoT Forecast from Transforma Insights Available for Everybody

Image: Transforma

Matt Arnott, lead analyst for Transforma Insights’ Forecasts said:

We’re delighted to make this resource available to the Internet of Things community. The IoT is evolving very rapidly with many key emerging new themes and it’s critical to have the best information at your fingertips. The new page provides a top-level summary of some of the key themes in IoT at the moment.

Some of the forecasts highlights:

  • Forecasts for the total number of connections, which we expect to grow from 9.4 billion in 2020 to 27.8 billion in 2030.
  • Forecasts by region: China is expected to be the biggest IoT region in 2030 with 8 billion connections, followed by Europe and North America.
  • Revenue Forecasts, including the size of the different vertical sectors that make use of IoT.

Other charts on the page include those relating to technology splits between cellular generations, the growth in private network IoT device shipments, and numbers of connections to Low Power Wide Area (LPWA) networks.
Commenting on the findings, Community Manager Eileen Fisher said: “This resource reinforces that Transforma Insights has the market leading IoT forecasts. We expect it will prove to be a useful and valued resource for everyone involved in IoT”.

Author: Rainer Claaßen
Image Credit: Pixabay

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