The following sources were cited in SAP Digital Futures Issue 17 A New Paradigm for the Insurance Industry
The number of internet-connected devices and sensors will grow to 50 billion by 2020. There will be 200 billion internet-connected things by 2030.
“Connections Counter: The Internet of Everything in Motion,” Cisco Systems Inc., July 29, 2013, https://newsroom.cisco.com/feature-content?type=webcontent&articleId=1208342.
“A Guide to the Internet of Things,” Intel Corp., reviewed August 23, 2016, http://www.intel.com/content/www/us/en/internet-of-things/infographics/guide-to-iot.html.
Smartphone penetration will surge from 8% in 2010 to 65% in 2020. Mobile phone subscription rates are already at 96%.
The Mobile Economy 2015, GSMA, http://www.gsmamobileeconomy.com/GSMA_Global_Mobile_Economy_Report_2015.pdf.
“Mobile Cellular Subscriptions (per 1000 People)” [chart], The World Bank, reviewed August 23, 2016, http://data.worldbank.org/indicator/IT.CEL.SETS.P2.
By 2020, the digital data universe will grow to 44 zettabytes, with 37% of it analyzable. 237.1 million wearable devices will be shipped.
“The Digital Universe of Opportunities: Rich Data and the Increasing Value of the Internet of Things,” IDC, April 2014, http://www.emc.com/leadership/digital-universe/2014iview/executive-summary.htm.
“IDC Forecasts Worldwide Shipments of Wearables to Surpass 200 Million in 2019, Driven by Strong Smartwatch Growth and the Emergence of Smarter Watches” [press release], IDC, March 17, 2016, https://www.idc.com/getdoc.jsp?containerId=prUS41100116.
The enterprise artificial intelligence market will increase from US$202.5 million in 2015 to $11.1 billion by 2024.
“Artificial Intelligence for Enterprise Applications to Reach $11.1 Billion in Market Value by 2024,” Tractica LLC, April 23, 2015, https://www.tractica.com/newsroom/press-releases/artificial-intelligence-for-enterprise-applications-to-reach-11-1-billion-in-market-value-by-2024/.