If you read most of the predictions about IoT it is on an untrammelled growth path to gazillions of connected devices, but the UK based IoT M2M Council says it has identified a slow down in growth rates, at least in the short term.
The organisation has a revealed the second of what will become regular quarterly IoT buyers indices. The latest one is based on a survey of 140 executives that “self-identify as buyers of products and services for the Internet of Things.”
The survey asked respondent to outline their buying plans in six-month intervals, and the index compares the relative results with previous quarters.
IMC chairman, Alex Brisbourne, said: “We see an increase of 11.6 percent in the percentage of IoT adopters looking to start projects in the next 12 months, but a small decrease of around four percent in those looking to do so in the next six months.” He added: “This could be due to the inconsistent economic picture globally, and perhaps year-end budgetary pressures are a factor, but time will tell.”
Large deployments show strong growth
However, the council said the survey did show strong growth in the number of larger IoT deployments (with more than 1,000 devices connected) and for those that use long-range wireless connectivity, such as cellular or satellite.
“The survey also shows that enterprise users appear more bullish on starting projects in the short term than do OEMs or developers, and the energy sector stands out as the vertical market most ready to start projects now – perhaps due to the need to maximise efficiencies in the wake of the lower energy prices,”: it said.
The third index will become available in late January, 201. The council hopes to it will become a useful table of leading indicators in the field of IoT/M2M.
It should have no trouble in finding survey participate. The organisation claims to be adding more than 300 new members weekly and expects to have registered more than 15,000 IoT adopters by the end of 2015.
It has produced an IoT content library that contains over 100 case studies, as well as white papers, blog entries, and vertical-market newsletters, and has created a membership directory that allows for direct member communication.