Although the specific predictions and the numbers differ, what is remarkable is the numbers predicted for 2020 have been consistently extremely large over the years. The IoT market is experiencing explosive growth around the world and the numbers are still performing at what Gartner calls the “peak of inflated expectations” in its well-known “hype cycle” diagrams.
But how realistic are these massive numbers? Even the most conservative prediction – Gartner’s 20.8 billion connected things by 2020 – is predicated on a steady 30% annual growth.
