Forecasting the totality of the IoT revenue opportunity
Machina Research has been forecasting the market opportunity associated with machine-to-machine (M2M) communications and applications for many years. Until now our Forecast Database has not included the entirety of the Internet of Things revenue opportunity which incorporates elements beyond the direct revenue associated with the billions of global connected devices. In the latest iteration of our IoT Forecasts we have comprehensively extended the coverage of our forecasts to include all revenue opportunities.
This Research Note presents Machina Research’s approach to forecasting IoT revenues. Specifically, these include revenues associated with IoT-like applications that are powered by ‘exhaust data’ from M2M applications, and also more ‘horizontal’ revenue types such as application development and project work.
Keywords: M2M, machine-to-machine, IoT, Internet of Things, forecasts, Subnets of Things
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