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What is the global size of the industrial IOT developer population?
Hi there! thanks for your question about the global size of the Internet of Things (IoT) developer population. The best resources I found to answer your question were EvansData, Business Insider, and The Atlas. The short version is that after searching through trusted media sights, industry reports, and corporate websites, I have determined that the information you requested is not publicly available because, while there are statistics provided about IoT developers and the segmentation of the IoT industry, there are no formal statistics on the market size of Industrial Internet of Things (IIoT) developers. However, I was able to find substantial information on the IoT industry and its segments, including the industrial segment. Below you will find a deep dive of my research and methodology.
METHODOLOGY
I began my search by looking for any resources comparable to the EvansData and VisionMobile sources that were already found. From there, I looked for any market reports referring to the population of industrial IoT developers. To find information on the regional distribution of developers, I looked for any region-specific reporting on IoT developer presence, as well as market projections focused on the increasing importance of IoT. I used sources like Business Insider to determine any relevant background information on the IoT market. Forbes provided helpful data on the overall IoT market size.
HELPFUL FINDINGS
Background Information
According to Business Insider, "there will be 34 billion devices connected to the Internet by 2020," 24 billion of them being IoT devices. Electronics 360 reported that the number of industrial-based connected devices will reach nearly 50,000 by 2025, up from the 2016 total of under 10,000 devices. According to reports on The Atlas, sponsored by GE, 96% of large manufacturers with revenues over $1 billion see the industrial IoT (IIoT) as "critical." Additionally, GE also found that 77% of manufacturers see revenue growth as the top priority for IIoT, while 74% and 71% see business agility and cost savings as the top priority, respectively. IoT is definitely taking off in international interest. According to DevRelate, 62% of Asia Pacific developers intend to develop IoT apps, 23% of North American developers are currently working on IoT apps, and 40% of EMEA developers intend to make IoT apps.
Developer Market Size
According to an annual survey sponsored by eclipse IoT, AGILE IoT, and IEEE IoT, 59% of IoT developers and related workers live in Europe. 19% live in North America, while 14% live in Asia and Pacific regions. According to an article on the EvansData IoT developer report, the Asia-Pacific region will "produce 900,000 more IoT-focused developers than Europe, Africa, and the Middle East (EMEA). The report notes that the majority of developer activity in the Asia-Pacific region will continue to occur in China and India. Another EvansData report indicated that India is expected to surpass the United States' developer population size by 2021.
The same report projected that there would be 25 million IoT developers across the globe by 2025. At the moment, there are 21 million developers. Additionally, EvansData reports that "the number of developers currently working on IoT applications has increased 34% since last year to just over 6.2 million."
As far as the IoT market size, Forbes reported that "IHS forecasts that the IoT market will grow from an installed base of 15.4 billion devices in 2015 to 30.7 billion devices in 2020 and 75.4 billion in 2025." However, an analysis of IoT users showed that "23% of global enterprise respondents use IoT [and] only about 14% of small and medium-size business respondents do." Forbes also reported that McKinsey estimated the IoT market size to be $900 million in 2015, and anticipate it reaching $3.7 billion by 2020.
Competition between China and the United States will continue well into the 2020s, as What's the Big Data reported that China "will account for 21% of global IoT connections, ahead of the U.S. with 20%" by 2025. The article also reported that Japan will rank third at 7%.
POSSIBLE CONTINUED RESEARCH
In understanding what types of information are and are not publicly available on this topic, I’ve suggested a few other routes you may be interested in researching:
--Based on the fact that IIoT is an increasingly popular industry for major companies, perhaps look into the ways that IIoT is attracting companies, and why.
--We know that the North American Asia-Pacific regions are the most popular for IoT overall. It may be helpful to look into what GE, now known as the "digital industrial company," is looking to do in these regions in the future.
CONCLUSION
To wrap it up, after searching extensively through trusted media sights, industry reports, and corporate websites, I have determined that the information you requested is not publicly available because there are no formal statistics on the market size of IIoT developers. However, I found relevant information on the overall IoT industry and its developers.
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