European telecom services providers are looking beyond connectivity as they seek to address the expanding European IoT market. This study discusses the size of the opportunity for different kinds of operators and strategies they can adopt to gain share. It leverages insights from a larger IDC study, European IoT Total Addressable Market Forecast for Telecom Service Providers (IDC #CEMA44383518, November 2018).
"Some European operators are currently capable of addressing only around 2% of the IoT market. However, with an appropriate strategy that includes a portfolio of horizontal enablement services and vertical solutions, any telco can realistically address a much larger share of this enormous opportunity." — John Gole, Research Director, Telecoms and Networking, IDC CEMA