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TECH SUPPLIER Nov 2018 - Special Study - Doc # CEMA44383518

European IoT Total Addressable Market Forecast for Telecom Service Providers

By: John GoleResearch Director, European IoT Practice

Abstract

This IDC Special Study examines the opportunity for telcos in the European Internet of Things (IoT) market. It identifies how telcos can maximize their IoT connectivity revenues and expand into other parts of the value chain. It also determines the size of the market in each part of the addressable value chain, and it presents forecasts of the opportunity so that telcos can plan their IoT strategies with a clearer understanding of how entering specific markets increases their addressable opportunity.

"European telecom service providers have high expectations of IoT in the coming years. They expect IoT connectivity to be a significant revenue opportunity, while also serving as a stepping stone to providing a range of IoT enablement services — such as cloud computing, analytics, software platforms — and end-to-end solutions. However, operators need to have a clear view of the size of the opportunity to choose the right strategy and investments." — Research Director John Gole, IDC CEMA


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