Table of Contents

IDC FutureScape Figure

Figure: IDC FutureScape: Worldwide IoT 2020 Top 10 Predictions

Executive Summary

IDC FutureScape Predictions

Summary of External Drivers

Predictions: Impact on Technology Buyers

Prediction 1: In 2020, 90% of Organizations Will Have Determined Key Performance Indicators to Measure the Success of Their IoT Projects

Associated Drivers

IT Impact

Guidance

Prediction 2: By 2021, 75% of Organizations Embarking on an IoT Project Will Work with a Systems Integrator to Strategize, Plan, Deploy, and/or Manage the Initiative

Associated Drivers

IT Impact

Guidance

Prediction 3: By 2022, 70% of New Enterprise IoT Applications Built on IoT Platforms Will Leverage Container Deployment

Associated Drivers

IT Impact

Guidance

Prediction 4: By 2023, 70% of Enterprises Will Run Varying Levels of Data Processing at the IoT Edge. In Tandem, Organizations Will Spend over $16 Billion on IoT Edge Infrastructure in That Time

Prediction 5: By 2023, 20% of Cybersecurity Incidents Will Stem from Smart City IoT Device Deployments, Forcing Double-Digit Increases in Cybersecurity Software and Staff Training Budgets

Prediction 6: To Lessen Critical Equipment Failures, by 2024, 40% of Manufacturers Will Use Field Asset IoT Data to Intelligently Diagnose Issues and Resolve Autonomously, Improving Unplanned Downtime by 25%

Associated Drivers

IT Impact

Guidance

Prediction 7: By 2023, 70% of IoT Deployment Will Include AI Solutions for Autonomous or Edge Decision Making, Supporting Organizations' Operational and Strategic Agendas

Associated Drivers

IT Impact

Guidance

Prediction 8: By 2025, There Will Be 79ZB of Data Created by Billions of IoT Devices, Causing Organizations to Reevaluate Their Data Governance, Retention, and Usage Policies

Associated Drivers

IT Impact

Guidance

Prediction 9: By 2025, 60% of Manufacturers Will Use IoT Platforms with Digital Innovation Platforms to Operate Networks of Asset, Product, and Process Digital Twins for a 25% Reduction in Cost of Quality

Associated Drivers

IT Impact

Guidance

Prediction 10: By 2023, Enterprises Will Struggle to Manage All the Different Access Types Used to Connect Their IoT Endpoints, with 75% Adopting More than One Connectivity Type

Associated Drivers

IT Impact

Guidance

Advice for Technology Buyers

External Drivers: Detail

The Age of Innovation: Driving the Future Enterprise

The Platform Economy: Competing at Hyperscale

Sense, Compute, Act: Maximizing Data Value

Crisis of Digital Trust: Escalating Threats Mandate Strategic Responses

Intelligence Everywhere: AI's Opportunity and Implications

Economies of Intelligence: AI, Human, and Organizational "Learning" Fuels Asymmetrical Advantage

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