Data From the Internet of Things
The Internet is much more than just our PCs, laptops, smartphones and tablets. It also includes any smart device, sensor or object that is capable of transmitting data. Uses are often categorized as domestic, consumer, commercial, infrastructure and industrial.
The Internet of Things is all around us, and it's growing every day.
NEW DATA FOR 2021 - The following fresh data from the Internet of Things (IoT) demonstrates its presence, market penetration and forecast growth worldwide.
Global IoT Data & Statistics
Internet of Things (IoT) Worldwide Spending Will Top $1Trillion By 2022
749 billion U.S. dollars were expected to be spent on the Internet of Things (IoT) technology worldwide in 2020, a slowdown on the figure that was originally forecast, due to the pandemic.
However, post pandemic, this figure is projected to increase to £1Trillion by 2022 and $1.1Trillion by 2023.
There Will Be 50 Billion IoT Connected Devices Globally By 2030
The sheer size and scale of the IoT is growing rapidly around the world, and will continue to do so.
Forecasts suggest that by 2025, around 38 billion individual IoT devices will be in use around the world and that this could grow to 50 billion by 2030.
Global Consumer Spending on Smart Home Systems Will Hit $157 Billion By 2023
Around the world, our homes are getting smarter and we’re not shy of spending on new devices to make our home life easier.
Spending on smart home systems, including smart speakers, heating, lighting, security and appliances, rose from $40 billion in 2014 to $115 billion in 2020.
Forecasts predict a similarly strong growth in home sector spending, increasing to a projected 157 billion U.S. dollars in 2023.
Most People Think Smart Home Technology Makes Life Easier
The IoT in the home helps us by making life easier, but not everybody sees it as a positive thing. Smart technology can also be addictive, and can make some people feel lazy and isolated.
In a global consumer survey, 70% of respondents worldwide agreed that using smart devices in the home made their lives easier (although 43% also said they make people lazy).
Additionally, 46% said that smart technology leads to people becoming more isolated, 40% said they were addictive, and 37% said they felt dependent on them.
Global Spending On Spending On Smart City Initiatives Will Double By 2023
We will decide as individuals whether our homes get smarter, but our cities are likely to do so whether we like it or not.
Investment in Smart City technology is forecast to more than double from 81 billion USD globally in 2018, to 189.5 billion USD in 2023.
Smart cities will collect and aggregate data via a network of smart devices. This will influence and even automate decisions on a range of issues including transport, mobility, parking and the environment.
Regional IoT Consumer Statistics
8 out of 10 People Are Knowledgeable About Smart Home Devices
Knowledge about Smart Home devices is high amongst consumers.
Last year, 79% of UK residents said they knew at least something about smart devices in the home. This figure was roughly the same as the previous survey in 2019, and increased from 74% in 2018.
People In The US Have Access To The Most Connected Devices Per Household
The global trend shows that people have access to more connected devices than ever before, per household. Perhaps unsurprisingly, the USA leads the way.
In the USA, the figures show an average of 10.37 devices per household. The UK is second with 9.16, followed by Norway with 8.82 and Sweden with 8.51.
The Proportion of UK Adults Who Own A Connected Device May Have Peaked
In its annual surveys, Ofcom found that the percentage of UK adults who owned a device that could connect to the internet rose from 46% in 2000 to 84% in 2015.
Since the peak, that percentage has shown a slight decline, with just 81% of adults saying they owned at least one connected device last year.
UK Mobile Data Usage Shows Strong Year on Year Increase
The average monthly data use, per user, increases by around 0.5Gb every year.
In 2013 each user consumed on average 0.47Gb of data per month. This figure showed a broadly linear annual increase to 3.56Gb per month in 2019. As more consumers use their phones for more things, including to control other devices, we can expect this trend to continue and even to accelerate in the future.
There Were 9.5 UK Million Machine-to-Machine (M2M) Mobile Connections In 2019
Internet connected devices are increasingly using mobile technology to communicate with each other.
The number of M2M mobile connections in the United Kingdom increased steadily from 3.2 Million in 2010 to 8 Million in 2018, and then jumped to 9.5 Million in 2019. Perhaps underlining the increasing number of smart devices in use.
More Than Half of UK Households Own A Smart TV
Back in 2014, just 11% of households in the UK said that they owned a Smart TV that can run apps, access the Internet and/or connect to other smart devices.
By 2020, this figure had increased to 57& and is likely to continue to rise in the future, considering that the vast majority of new TV sets shipped to Western Europe are Smart TVs.
Statista / Ofcom
UK Millennials Are Most Likely To Own A Smart Car Device
Not the Mercedes SmartCar, but a car that is also a smart device and can connect to the internet. In 2019, data showed that nearly 16% of cars in the UK were also smart devices.
When broken down generationally, statistics showed that Millennials were most likely to own this type of car (22%) and Baby Boomers least likely (10%).
What Is Phant?
Phant is the name of an Open Source software tool designed to collect and chart data from the IoT. It was a forerunner to modern tools such as Blynk, ThingSpeak, and Cayenne.
What Are The Things?
Mainly smart devices: anything that is not directly controlled by a human. A smart device transmits data once it is enabled. You may have devices that do this in your own home, such as security cameras, thermostats or any other appliances or systems that you can control remotely.
These devices usually communicate with a central hub, either for reporting, to receive instructions, or both.What is the hub? Nearly all of us already own one.
Your Mobile Phone As The Hub
In the home, the majority of devices are controlled by the same single device: your mobile phone. This is your own hub, which you may also use for communications, banking, navigation, playing games, gambling, watching TV, music and entertainment, tracking your investments, calendar appointments, education and learning, and so much more.
Many of us download huge quantities of apps onto our mobile phones without giving any consideration to what goes on under the hood. When was the last time you researched an app to see if it had been independently tested? Or to check what it actually does with your data?
So how do we know what data is being transmitted by our smart devices? How can we track and monitor what is going to and from our phones or tablets? That is just one of the many possible applications of Phant.
If you use a mobile phone, or any other Android or iOS device for any of the purposes listed above, then you are contributing to the Internet of Things and you should care about the design, storage, safety and security of your data. The more sensitive the data you transmit (for example storing passwords, personal details, or depositing or withdrawing money), the more important these considerations are.
Although Phant is no longer supported, it is open source and still available for use.The documentation and tutorials are therefore also preserved here for anyone to refer to.
Strategy Analytics - Accenture - IDC