How much information? Gartner's Jim Tully says this growth will "boost the economic impact of the IoT as consumers, businesses, city authorities, hospitals and many other entities find new ways in which to exploit the technology." Gartner anticipates the number of Internet of Things (IoT) and Internet of Medical Things (IoMT) devices will reach 25 billion by 2021. According to Gartner, the number of connected things will reach 14.2 billion marks in 2019 and 25 billion by 2021. (Source: McKinsey Global Institute) 5. Gartner Top 10 Strategic Predictions for 2021 and Beyond – A number of outlets, including TechRepublic and PCMag, have written about Gartner’s list. As the leading manufacturers are making a paradigm shift towards IoT, the utilities market is expected to be the highest user of IoT endpoints. While worldwide IT spending declined by 3.2% in 2020, as CIOs focused on mission-critical technology and services in the early stages of the Covid-19 pandemic, all segments are predicted by Gartner to return to growth in 2021.. Enterprise software is expected to see the strongest rebound as remote working environments are developed, with an 8.8% increase being forecasted, while devices … Although IoT introduces new opportunities, implementation of IoT systems comes with challenges and risks. Although IoT introduces new opportunities, implementation of IoT … (Source: IOT Analytics) Gartner predicts a larger amount of “connected things” by 2020. Another set of internet of things statistics by Gartner predicts 25 billion IoT devices by 2021. Gartner predicts that 25 billion connected devices will generate unprecedented amounts of raw data by 2021. 29.3 billion the number of web-connected devices in 2023, up from 18.4 billion in 2018 36.8 billion the number of Industrial IoT connections in 2025, up from 17.7 billion in 2020 [ Juniper ] Gartner predicts that next year's global end-user spending on public clouds will increase by 18%, reaching 304.9 billion US dollars, higher than this year's 257.5 billion US dollars. The number of connected things in use will go up to 25 billion by 2021, from 14.2 billion in 2019, according to a Gartner forecast on Friday. Gartner has released its latest predictions surrounding IT spending in 2021 and 2022. Even still, projections agree on one thing – the number of connected devices will get to be ridiculously high in no time. After clamping down on tech spending over the past 12 months, CIOs and individual consumers are set to make 2021 a banner year for many IT budget categories. The Internet of Things (IoT) allows for new device types and formats to be connected and provide services through innovative means. 5 5. Powered by Thunder, IoT could is a real-time event processing engine of Salesforce. 6. Last year saw negative growth in IT spend due to businesses cutting back but growth looks strong this year. This year the big takeaway is that businesses need a reset due to the pandemic—and because technological advances will require it. At the moment, they are forecasting 4.9 billion devices during 2015, which will be an increase of 30 per cent from this year, and spending of $69.5 billion. Global IT spending to reach $3.8 trillion in 2021, Gartner predicts. We have come up with a list of predictions for 2020 as well. While such rapid growth has the potential to provide many benefits, it is also a cause for concern, because IoT devices are tempting targets for attackers. After a tumultuous 2020, the research agency is predicting that global spending on IT could be in a for a solid recovery in 2021. There will be between 20.4 billion and 31 billion IoT devices online by 2020. “There are a combination of factors pushing the devices market higher,” said Lovelock. We have also seen very high numbers being cited in some other studies (e.g., 200 billion according to Intel). In 2019 alone 9.5 Billion devices connected to IoT, against the predicted estimate of 8.3 Billion. A new study from research firm Gartner suggests that there will be 25 billion connected devices in use by 2020, and that the Internet of Things (IoT) will support total services spending of $263 billion. However, the installed base of more than five billion smartphones, two billion personal computers, and one billion tablets indicates a massive market for device integration. 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