IoT device install base to hit 55.9bn by 2025: IDC

By Dylan Bushell-Embling
Wednesday, 29 July, 2020

IoT device install base to hit 55.9bn by 2025: IDC

By 2025 there will be 55.9 billion connected devices globally, with 75% of these connected to an IoT platform, IDC predicts.

The research firm has forecast that data generated from connected IoT devices will grow from 13.6 zettabytes last year to 79.4 zettabytes by 2025.

This explosion of data will stimulate demand for both short- and long-term storage, with permanent storage requirements for 4K video data in the Asia Pacific alone expected to grow at a five-year CAGR of 23.2% through to 2025 to reach 26,680 exabytes.

According to IDC Asia/Pacific Senior Market Analyst for Telecom and IoT Abhishek Mukherjee, managing the masses of data generated from IoT devices will be key to delivering organisational insights and capitalising on the promise of the IoT.

“While IoT is becoming an acceptable term across various application areas, managing and archiving of the data generated from the connected devices is a critical success factor for the industries,” he said.

“Based on that the criticality of data to the application/use case, redundancy and granularity of information generated from the connected devices, decision towards level of compression and timelines for storage are decided and implementing the security and governance policies around the storage.”

Image credit: ©everythingpossible/Dollar Photo Club

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