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Six IoT predictions for 2019
This time of year, it can seem like the world is swimming in predictions for the new year, and the Internet of Things (IoT) is no exception. In fact, in fast-evolving areas like IoT, multitudes of trends and opportunities and challenges are in play, making predictions ridiculously easy — just about anything can happen, and probably will. So, my goal here is to identify a set of IoT predictions that are both likely to happen … and likely to have a significant impact on the development and implementation of the technology. Here are the six I came up with: 1. IoT growth will continue — in devices, data, and investment Well, duh. According to IDC, the IoT is going to stay hot, with investment expected to top $1 trillion by 2020, just one year after 2019. That will help fund a 30 percent annual growth rate in cellular IoT connections until 2023, per Ericsson (as reported in Forbes), which I calculate to result in about 1.3 billion connections in 2019.
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