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Does anyone who doesn't stand to profit from high-ball guesstimates believe in "the market in [A] will grow from [B] billion to [C] billion in just [D] years" p

Does anyone who doesn't stand to profit from high-ball guesstimates believe in "the market in [A] will grow from [B] billion to [C] billion in just [D] years" projections?

fizixer 10y ago
I do in this specific case. (Haven't read the article. Don't stand to profit.) Here's a simple argument for only one aspect of IoT: Take all the electric equipment you use in your household, office, and so on. Lights, fixtures, fans, kitchen appliances, security systems, on, and on. What the size of that industry you think is at the moment? Just know that about 2/3rd of that industry would "die" and be replaced by exact equivalent devices that communicate wirelessly/remotely with your smart-phones and tablets. Here's the slightly depressing news: likely majority of that market size would be retaken by giants like GE, Philips, etc, that are already the pre-IoT monopolies. But not too depressing because that still leaves quite a room for new players and acquisitions/aquihires. But again, this is just one aspect of IoT. I haven't even mentioned new devices, appliances, because it's a little harder to quantify, much less the coming robotic revolution.
- tonyedgecombe 10y ago
  Sadly I think you are probably right.
- goatlover 10y ago
  So that means GE, Phillips, etc get to join Google, FB, etc (not to mention the NSA) in tracking us in ever greater detail? And then your coffee machine, fridge, etc can push advertisements to you. Not sure I see the value in this as a consumer. My dumb, unconnected appliances work just fine.
pravda 10y ago
You can purchase someone's IoT guesstimates for $4,200! The article references this: http://www.reportsnreports.com/reports/944711-internet-of-things-iot-market-shares-strategies-and-forecasts-worldwide-2017-to-2023.html http://www.reportsnreports.com/reports/944711-internet-of-th... Which is this: http://wintergreenresearch.com/internet-of-things http://wintergreenresearch.com/internet-of-things Here's a handy PDF summary: http://wintergreenresearch.com/reports/Internet%20of%20Things%20(IoT)%202017%20press%20release.pdf http://wintergreenresearch.com/reports/Internet%20of%20Thing... I don't think that report is worth 4.2 cents.

Does anyone who doesn't stand to profit from high-ball guesstimates believe in "the market in [A] will grow from [B] billion to [C] billion in just [D] years" projections?

fizixer 10y ago

I do in this specific case. (Haven't read the article. Don't stand to profit.) Here's a simple argument for only one aspect of IoT: Take all the electric equipment you use in your household, office, and so on. Lights, fixtures, fans, kitchen appliances, security systems, on, and on. What the size of that industry you think is at the moment? Just know that about 2/3rd of that industry would "die" and be replaced by exact equivalent devices that communicate wirelessly/remotely with your smart-phones and tablets. Here's the slightly depressing news: likely majority of that market size would be retaken by giants like GE, Philips, etc, that are already the pre-IoT monopolies. But not too depressing because that still leaves quite a room for new players and acquisitions/aquihires. But again, this is just one aspect of IoT. I haven't even mentioned new devices, appliances, because it's a little harder to quantify, much less the coming robotic revolution.

tonyedgecombe 10y ago
Sadly I think you are probably right.
goatlover 10y ago
So that means GE, Phillips, etc get to join Google, FB, etc (not to mention the NSA) in tracking us in ever greater detail? And then your coffee machine, fridge, etc can push advertisements to you. Not sure I see the value in this as a consumer. My dumb, unconnected appliances work just fine.

pravda 10y ago

You can purchase someone's IoT guesstimates for $4,200! The article references this: http://www.reportsnreports.com/reports/944711-internet-of-things-iot-market-shares-strategies-and-forecasts-worldwide-2017-to-2023.html http://www.reportsnreports.com/reports/944711-internet-of-th... Which is this: http://wintergreenresearch.com/internet-of-things http://wintergreenresearch.com/internet-of-things Here's a handy PDF summary: http://wintergreenresearch.com/reports/Internet%20of%20Things%20(IoT)%202017%20press%20release.pdf http://wintergreenresearch.com/reports/Internet%20of%20Thing... I don't think that report is worth 4.2 cents.