Intelligent systems market to be worth $2.2 trillion in 2020
There’s an old canard that if you ask market researchers about the future of a specific new technology, they’ll pretty much always tell you that it will be a $10 billion market in 10 years.
Given that anything from tinker toys to tater tots seems en route to being a $10 billion market, it makes sense to take optimistic market predictions with a hefty pile of salt. But when you hear numbers at the scale of the latest report from IDC concerning intelligent connected systems—sometimes known as the Internet of Things—you have to pay attention.
Trillions, with a T
That’s because we’re not talking billions, tens of billions, or even hundreds of billions of dollars. We’re talking trillions, with a “t.” More than $2.2 trillion in just four years, according to IDC's Worldwide Embedded and Intelligent Systems 2015-2020 Market Forecast. Now, that is real money!
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