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Abstract

This IDC study presents the latest release of IDC's forecast for the Internet-of-Things market in Western Europe, leveraging the IDC Worldwide Semiannual Internet of Things Spending Guide published in late November 2018. The forecast is broken down by technology, industry, and geography and presents the key drivers and market dynamics in each segment. This study replaces IDC's Western Europe Internet-of-Things Forecast, 2017-2021 (IDC #EMEA40970116, July 2017).

"IoT technology represents a substantial opportunity for many technology providers — IDC believes that by 2025, IoT would have become the next IT. However, real integration with back-end systems, scalability, and data monetization are some of the challenges faced by organizations deploying IoT today across the region," said Marta Muñoz, research director, IDC's European Internet-of-Things Practice co-lead. "With adoption levels that are reaching homogeneous maturity levels across industries, we are experiencing a dichotomic scenario across adopters — while there are a few advanced IoT users leveraging IoT technologies in full swing, there are still a large portion of users struggling to prove and replicate initial pilots and proofs of concept," said Andrea Siviero, IDC's European Internet of Things Practice co-lead.


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