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Jan 2019 - Market Forecast - Doc # EMEA43946018

Nordic Internet-of-Things Forecast, 2018-2022

By: Anders ElbakResearch Manager, IDC Nordic


This IDC forecast replaces the previous IoT forecast (Nordic Internet-of-Things Market Forecast, 2017-2021 — IDC #EMEA42925217, August 2017). It presents the latest IoT market forecast for the Nordic region and includes technology and industry splits.

"With customer spending at €12 billion and annual growth rates of 15%, IoT provides vast opportunities for vendors," said Anders Elbak, associate director, IDC Nordic and part of IDC's European IoT research practice. "However, no vendor can address the total market alone — they need to assess its exact market opportunity from either a technology or use-case point of view as well as build partnerships and join ecosystems to be considered by customers."



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