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According to Mario Morales, vice president of the IDC Semiconductor and EMS Research Department of the market adjustment agency, after 2020, IoT devices are expected to reach 25 billion. According to IDC's survey, in 2016, the IoT market reached US$2.9 trillion, which surpassed the market size of traditional embedded systems and Intelligent Systems.
In addition, Jiang Fangyun, deputy director of research at IDC Taiwan, also stated that at present, the telecom industry is in an era of mobile devices, and is moving toward the cloud and the Internet of Things. Mario Morales said that if the Internet of Things is to be popularized or companies want to enter the Internet of Things market, there are still many places to explore.
He believes that companies need to find ways to integrate data between systems. That is, systems must use the same language to communicate and companies can make good use of this information. He also said that regardless of whether the company wants to enter the Internet of Things market, such as health care, it must have a complete solution to provide the true value of Internet of Things services.
To enter the IoT market, it is necessary to provide a complete solution. Mario Morales believes that if companies want to enter the Internet of Things market, they have to provide a complete solution, that is, not only to provide software and hardware, but more importantly, companies must be able to know how to integrate Information from different objects, and this is one of the biggest challenges he thinks.
But he also saw great opportunities in this. He pointed out that each of the current vertical systems has different languages. Therefore, these systems cannot communicate with each other and they cannot effectively use the benefits of data. "It takes time to develop." Mario Morales also added that companies such as Microsoft and Oracle also tried to solve this problem.
Mario Morales also said that we will see a lot of interesting IoT applications and smart systems one after another because there will be more IT vendors to join this market. In addition, IT vendors will also start to acquire other companies because they want to enter specific markets. . Or some big companies, even Siemens or US GE, will work with IT vendors to think about how to apply IT technology to the services provided by these big companies. These big companies do not know how to use big data and analysis to provide customers with better services, and these are also part of what they are currently exploring.
Mario Morales believes that security in the Internet of Things is the only idea that comes afterwards. The reason is that these systems have not yet been linked, so most of the Internet of Things is not as safe. Although companies understand that they need security, they do not even understand how to make money through the Internet of Things. Many manufacturers also provide security-protected chips, but these vendors do not know how to charge higher fees.
In addition, in 2013, the proportion of smart systems began to exceed traditional embedded systems. From 2013 to 2018, the market size of smart systems continued to increase, opening up more gaps with traditional embedded systems. Jiang Fangyun added that the smart system can link to big data, and it will also use large data.
According to the IDC survey, in 2013, the market size of the Internet of Things was significantly smaller than that of smart and traditional embedded systems. The market size was 1.6 trillion US dollars and 2.4 trillion US dollars, respectively. In 2014 and 2015, the market size gap between the two gradually narrowed. By 2016, the market size of the Internet of Things began to exceed the market size of smart and traditional embedded systems, respectively 2.9 trillion US dollars and 2.6 trillion US dollars.
After that, the gap between the market size of the two has started to widen. In 2017, the Internet of Things market size was 3.6 trillion US dollars, while smart and traditional embedded systems were 2.7 trillion US dollars. By 2018, the Internet of Things market size was 4.4 trillion US dollars, while smart and traditional embedded systems were 2.8 trillion US dollars. Observing the scale of the market between 2016 and 2018, we can see that not only has the gap widened, but also the growth of the IoT market scale is much faster than that of smart and traditional embedded systems.
Internet of things and sensor IoT are emerging industries. Sensors are the basis of the Internet of Things. Smart sensors are the most basic industry of the Internet of Things. Its technology level is also a key factor affecting the popularity of Internet of Things applications.
According to IDC's survey, in 2013, the market for IoT was significantly smaller than smart and traditional embedded systems, with market sizes of 1.6 trillion US dollars and 2.4 trillion US dollars, respectively. In 2014 and 2015, the market size gap between the two gradually narrowed. By 2016, the market size of the Internet of Things began to exceed the market size of smart and traditional embedded systems, respectively 2.9 trillion US dollars and 2.6 trillion US dollars.