The IoT Vertical Market Sizing Tool is designed to measure connectable or IoT device shipments across key verticals, applications and regions for IoT.
Beginning with our Q2 2017 edition, we sized five verticals: Connected & Smart Home, Personal IoT, Connected Car, Medical IoT and Industrial IoT. We added Smart Cities in Q3 2017. This vertical market sizing tool is designed to be complementary to IoT Devices & Connectivity Market Tracker, which sizes IoT device shipments and installed base across six markets. It also complements the shipment and related data included in IHS Markit’s Cellular IoT Intelligence Service, High Performance Wireless Intelligence Service and Low Power Wireless Intelligence Service. The IoT Vertical Market Sizing Tool takes a slightly different approach, by segmenting the market by vertical.
In practice this means, for instance, that lighting appears under Commercial and industrial electronics in IoT Devices & Connectivity Market Tracker. By contrast, in the IoT Vertical Market Sizing Tool we provide visibility on the residential connected lighting and manufacturing connected lighting opportunities within the Connected & Smart Home vertical and the Industrial IoT vertical respectively.
This tool will be updated on a quarterly basis.
Senior Principal Analyst, IoT
Julian Watson is the senior principal analyst of Internet of Things (IoT) connectivity research at IHS Markit. He is responsible for analyzing IoT technologies, applications and business models.