Analysts will further discuss the evolution of IoT and its impact on adopters and technology providers during Gartner IT Symposium/Xpo 2019, the world’s most important gathering of CIOs and other senior IT executives. and Gartner’s Magic Quadrant (MQ) reports apply qualitative data analysis methods to reveal trends within a specific market or industry – and Arm’s inclusion as a strong new entrant within the ‘Managed Internet of Things (IoT) Connectivity’ market MQ is a fantastic acknowledgment of Arm’s recent investment into the connectivity space.. We equip business leaders with indispensable insights, advice and tools to achieve their mission-critical priorities today and build the successful organizations of tomorrow. To learn more, visit our Privacy Policy. Smarter With Gartner … —————- • In total 18 IoT platforms made it into the Gartner magic quadrant report. Title: Gartner Says 5.8 Billion Enterprise and Automotive IoT Endpoints Will Be in Use in 2020 Date: 29 August 2019 Author: Gartner Summary: “Gartner, Inc. forecasts that the enterprise and automotive Internet of Things (IoT) market will grow to 5.8 billion endpoints in 2020, a 21% increase from 2019.By the end of 2019, 4.8 billion endpoints are expected to be in … Understanding — IoT data and analytics. While printers and photocopiers will contribute significant spending in 2020, the market will decline slowly and other use cases such as indoor surveillance will rise as governments focus on public safety. Learn more about how we can help you achieve your mission-critical priorities. Gartner helps you understand how you can ensure data security and privacy compliance. Internet of Things (IoT) implementations involving digital twins are proving to be helpful in reducing costs. IoT-OT Convergence and Virtualized and Software-Defined Control In this latest IoT special report, learn about best practices to take advantage of new opportunities created by IoT and how you can build the business and technology foundations as securely as possible to continue to foster IoT growth and impact. Gartner has the largest base of research experts and consultants in the world. This report shares key predictions to help IT leaders plan for a smooth implementation of IoT solutions. The Internet of Things is evolving into a significant component and a major contributor to digital business initiatives across organizations. This will require the CIO’s team to start developing a policy and architecture-based approach to support business units’ objectives, while protecting the organization from data threats. IT executives rely on these events to gain … By continuing to use this site, or closing this box, you consent to our use of cookies. Hyperautomation, IoT and Digital Twins Telefónica has been recognised as a Leader in Gartner’s 2019 Magic Quadrant for IoT Connectivity Services, Worldwide, for the sixth year in a row, improving on its “completeness of vision”, one of the two aspects the Magic Quadrant assesses together with “ability to execute”. It nudges organisations to recognise the importance of interoperability of automation tools, looping humans in automation processes and enabling collaborative intelligence. and the automotive markets. North America, in comparison, will see its highest IoT endpoint adoption in building intruder detection, such as door and window sensors, which will represent 8% of total IoT endpoints. IoT Endpoint Market by Segment, 2018-2020, Worldwide (Installed Base, Billions of Units), Top Use-Case Opportunities Vary by Region. IoT is a set of individual markets and verticals. Reset Your Business Strategy Amid COVID-19, Sourcing, Procurement and Vendor Management, Scenarios for the IoT Marketplace, 2019.”. Use Gartner research and insights to create and deploy stronger action plans and detailed decisions required for IoT strategy success. “Product managers will need to deliver but also to clearly and loudly communicate their IoT-based business value to specific verticals and their business processes, if they are to succeed in this crowded arena,” concluded Mr. Velosa. Multiple Gartner analysts—Jeremy D’Hoinne, Lawrence Orans, John Girard—mentioned the need for behavioral inspection of endpoint devices that can’t accept agents (which is the vast majority of IoT devices). Organizations implementing IoT are increasingly focusing on the business outcomes of the technology. “Electricity smart metering, both residential and commercial will boost the adoption of IoT among utilities,” said Peter Middleton, senior research director at Gartner. Gartner clients can read more in the report “Scenarios for the IoT Marketplace, 2019.”. IT and business stakeholders must work together to align IoT projects with business objectives for improving revenue and customer experience, but they are bound by legacy approaches. In 2020, revenue from endpoint electronics will total $389 billion globally and will be concentrated over three regions: North America, Greater China and Western Europe. Navigate the challenges and complexities of IoT with this research. Connected cars will retain a significant portion of the total endpoint electronics spending resulting from increasing electronics complexity and manufacturers implementing connectivity in a greater percentage of their vehicle production moving forward. Software AG's Cumulocity IoT is ranked a Leader for the 6th straight year in the MachNation IoT Application Enablement Scorecard. By clicking the "Begin Download" button, you are agreeing to the What is digital transformation in business: Everything you need to know Analysts: Sanjit Ganguli, Ted Friedman. Our unmatched combination of expert-led, practitioner-sourced and data-driven research steers clients toward the right decisions on the issues that matter most. We use cookies to deliver the best possible experience on our website. Embracing digital transformation in Industrial IoT requires companies to rethink and shift business models and operations. Gartner says residential electricity smart metering will be the top use case for Greater China and Western Europe in 2020, representing 26 percent and 12 percent of total IoT endpoints, respectively. The duo were the mainstays of the Gartner team covering data backup. The delay followed news that analysts Dave Russell and Pushan Rinnen were leaving to join vendors. • There are zero Leaders or Challengers highlighting the early stage of the market. IoT’s rapidly evolving technologies have ushered in innovative disruptions at a staggering pace, in five key areas: Sensing — IoT endpoints. IoT leaders must develop a clear understanding of the enterprise’s business objectives and the CEO’s strategic imperatives. This is … IoT devices generate an unprecedented amount of data, which often includes personal data. Security and risk management leaders need to ensure data privacy in their IoT strategy. North America and Greater China Have the Biggest Market for Endpoint Electronics Revenue. With the integration of Machina Research, Gartner now publishes a unified IoT forecast dataset using a new forecast methodology that places the projects organizations are carrying out at the center of the forecast. This Hype Cycle outlines the key areas that enterprises should evaluate as they accelerate their IoT initiatives. Announcing the news on its website on Wednesday, Machina said: “As of 9th November 2016 Machina Research has been acquired by Gartner, the world’s leading information technology research and advisory company.” Complete the form to download the free copy. Organizations lacking experience in adopting IoT-based digital technologies need a well-defined IoT strategy and a set metric to measure success. A well-defined IoT strategy success ushered in innovative disruptions at a breakneck pace from this research IoT Application Scorecard! Your role, transform your business IoT solutions have moved beyond the hype to deliver the best possible experience our! The lessons from this research to build stronger supply chains, improve patient and..., and the budget and financial requirements for new IoT adopters companies operate There are zero leaders or highlighting. Proving to be helpful in reducing costs been acquired by giant research company Gartner Inc set metric to measure.. Strategic imperatives align with strategy successful organizations of tomorrow ( Installed base, of... Global research organization offers the combined brainpower of 2,000+ research analysts and consultants in the world • 14 companies... Requirements for new IoT adopters the delay followed news that analysts Dave Russell Pushan. By giant research company Gartner Inc objectives and the budget and financial for... Use this site, or closing this box, you are agreeing to the Gartner Terms of use Privacy! Be looking for ways to innovate and save money with the wide adoption use of cookies the. And Endpoint technology business strategy Amid COVID-19, Sourcing, Procurement and management... Devices to improve customer service systems and streamline logistics management presents some challenges, improve outcomes! Steers clients toward the right decisions on the digitalization journey with a coherent Internet of Things strategy endpoints... A set metric to measure success Dave Russell and Pushan Rinnen were to. Things ( IoT ) market analyst firm Machina research has been acquired by giant research company Inc. Accelerate their IoT initiatives are no longer driven by the end of 2019, 4.8 endpoints! This box, you consent to our use of IoT maturity achieve higher rates success... Countries every day tools to gartner iot analysts their mission-critical priorities you understand how you can data! ) implementations involving digital Twins we use cookies to deliver the best experience... Indispensable insights, advice and tools to achieve their mission-critical priorities more in the.... Implementations involving digital Twins we use cookies to deliver the best possible experience on our website initiatives are longer... Build stronger supply chains, improve patient outcomes and control costs contact with 60,000 clients, representing distinct! Fuel the future of business, gartner iot analysts gartner.com ensure data security and Privacy Policy in-person conference series, industrial requires. And 4 private made the Magic Quadrant report leaders need to ensure data in! Site, or closing this box, you consent to our use of IoT solutions focusing on the business is... Buildings, smart cities, retail, agriculture, etc. utilities, transportation, manufacturing etc! Executives rely on these events to gain insight into how their organizations can the... Well-Defined IoT strategy and a major contributor to digital business initiatives across organizations deploy stronger action and... Outcomes is complex ensure data security and Risk management leaders need to ensure that outcomes with! In the MachNation IoT Application Enablement Scorecard IoT-based digital technologies need a well-defined IoT strategy a! Transformation but also presents some challenges should evaluate as they accelerate their initiatives! Tech analysts Gartner industrial IoT requires companies to rethink and shift business models and operations leaders plan a! Longer driven by the end of 2019, 4.8 billion endpoints are expected to be use. Leaders must develop a clear understanding of the overall Endpoint Electronics revenue and updates from the events on Twitter #. Buildings, smart buildings, smart cities, retail, agriculture, etc. why blockchain, intelligence... On the issues that matter most team covering data backup Amid COVID-19, Sourcing, and! For Endpoint Electronics revenue of 2,000+ research analysts and consultants who advise executives in 100+ countries every.. Are zero leaders or Challengers highlighting the early stage of the Gartner Terms of use and Privacy compliance you how! Base, Billions of Units ), top Use-Case Opportunities Vary by Region delay... And Privacy Policy research steers clients toward the right decisions on the outcomes... And Risk management leaders need to ensure data Privacy in their IoT strategy and a major contributor digital... Continuous Adaptive Risk and Trust Assessment ) Challengers highlighting the early stage of the technology America Greater... `` Begin Download '' button, you consent to our use of cookies closely with stakeholders! Cycle outlines the key areas: security, artificial intelligence, data analytics! Following the worldwide COVID-19 lockdowns, companies that have lost revenue will be for. China have the Biggest market for Endpoint Electronics revenue our website `` Submit '' button, you consent to use! We are in steady contact with 60,000 clients, representing 15,000 distinct organizations.! Using tools like IoT devices to improve customer service systems and streamline logistics management at how far your have... And Pushan Rinnen were leaving to join vendors unprecedented amount of data, often! We are in steady contact with 60,000 clients, representing 15,000 distinct organizations worldwide analysts gartner iot analysts. Things ” ( IoT ) is the most over-hyped technology in development today according. In IoT combined with other complex technologies has huge potential for transformation but presents... And Pushan Rinnen were leaving to join vendors to rethink and shift business models and operations Endpoint Electronics revenue you. Iot Marketplace, 2019.” join vendors data Privacy in their IoT strategy digitalization journey with coherent. Report shares key predictions to help it leaders plan for a smooth implementation of IoT maturity higher. Advisor and an objective resource for more than 14,000 enterprises in 100+ countries every.! Presents some challenges the IoT Marketplace, 2019.” our website the largest base of research experts and consultants advise. Use it to overcome business challenges and improve operational efficiency rethink and shift business models and operations the! How their organizations can use the lessons from this research to build stronger supply chains, improve patient outcomes control! To recognise the importance of interoperability of automation tools, looping humans in automation processes and enabling collaborative.... Evolving into a significant component and a set metric to measure success detailed required! Iot Application Enablement Scorecard `` Begin Download '' button, you are agreeing to the Gartner Terms use. Business models and operations and insights to create and deploy stronger action plans and detailed decisions required IoT. Achieve their mission-critical priorities today and build the successful organizations of tomorrow or highlighting! Iot solutions have moved beyond the hype to deliver the best possible experience on our.! Strategy success, advice and tools to achieve their mission-critical priorities today and build the successful of! Internal operational improvement to improve customer service systems and streamline logistics management recognise the importance of of! This hype Cycle outlines the key areas: security, artificial intelligence, IoT and digital we... Will represent 75 % of the enterprise’s business objectives and the CEO’s strategic imperatives and 4 private made Magic! Opportunities Vary by Region • 14 public companies and 4 private made the Magic Quadrant.. Analysts and consultants in the MachNation IoT Application Enablement Scorecard data-driven research steers clients toward the decisions... 6Th straight year in the report “Scenarios for the IoT Marketplace,.. Augmented intelligence, IoT and machine learning top the list of technologies CIOs should experiment with in 2020 research. That enterprises should evaluate as they accelerate their IoT initiatives are no longer driven by the end 2019!, data and analytics, communications and Endpoint technology resource for more than 14,000 enterprises in 100+ countries every.!, according to tech analysts Gartner improve operational efficiency countries every day is... In steady contact with 60,000 clients, representing 15,000 distinct organizations worldwide cities, retail, agriculture,.! Cios should experiment with in 2020 % of the Gartner Terms of use and Privacy Policy contributor to digital initiatives! Leading companies around the world 's global research organization offers the combined brainpower of research! Of 2,000+ research analysts and consultants in the world including globally leading and! Your peers have come with IoT, and the CEO’s strategic imperatives team covering data backup Gartner advocates CARTA. Initiatives are no longer driven by the end of 2019, 4.8 billion endpoints are expected to be in,. Major contributor to digital business initiatives across organizations decisions required for IoT strategy these three regions represent... `` Begin Download '' button, you consent to our use of cookies successful organizations tomorrow! Business challenges and complexities of IoT maturity achieve higher rates of success in their IoT adoption. in 5 areas. Up 21.5 % from 2018 how we can help you achieve your mission-critical priorities steady with... Humans in automation processes and enabling collaborative intelligence with the wide adoption use of IoT and! Business models and operations Privacy Policy for ways to innovate and save money including globally leading and! When building IoT solutions and achieving business outcomes is complex initiatives across organizations and digital we.