TECH SUPPLIER Jan 2020 - Market Forecast - Doc # US45862020
Worldwide Internet of Things Forecast Update, 2019–2023
By: Carrie MacGillivrayGroup Vice President & General Manager, WW Telecom, Mobility & IoT Research, Marcus TorchiaResearch Director, Customer Insights & Analysis, Ashutosh BishtSenior Research Manager, Milan KalalProgram Manager, European Services, Jonathan LeungSenior Market Analyst, Roberto MembrilaAnalyst, ROC, Latin America, Andrea SivieroResearch Manager, European Industry Solutions, Customer Insights & Analysis, Nigel WallisResearch Vice President, IoT and Industries, Yuta TorisuSenior Market Analyst, Communications, IDC Japan
This IDC study provides key considerations for technology suppliers in this evolving and complex market, as well as some of the drivers and inhibitors of growth throughout the forecast period. This forecast is created from IDC's Worldwide Internet of Things Spending Guide. This iteration includes data presented in IDC's November 2019 Worldwide Internet of Things Spending Guide, where 82 use cases and 20 additional industry-specific "other" use cases were identified and sized across the technology stack, with up-front and recurring spend considered.
"We're increasingly seeing IoT technologies integrated into industry applications that solve specific business problems," says Carrie MacGillivray, group vice president, IoT, 5G, and Mobility at IDC. "The industry use case approach of IDC's Worldwide IoT Spending Guide helps provide quantitative guidance on how enterprise IoT spending will be allocated across technologies, regions, and verticals."
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