TECH SUPPLIER Jan 2020 - Market Perspective - Doc # EUR144674519

IoT Hardware Landscape in Europe: Market Growth Masks Turbulent Market for Module and Gateway Vendors

By: John GoleResearch Director, European IoT Practice, Milan KalalProgram Manager, European Services

Abstract

This market perspective provides analysis of the IoT hardware landscape in Europe. Leveraging IDC's market forecasts, survey data, interviews with major vendors, and other research, this study includes insights on the market trends, competitive pressures, opportunities, and customer perspectives in the IoT hardware market, focusing especially on edge gateways and connectivity modules.

"IoT hardware accounts for the largest share of IoT spending in Europe, but it is a fragmented market. In those hardware categories with significant volumes, such as connectivity modules, competition and price pressures are fierce — but vendors are finding clever ways to differentiate themselves." — Research Director John Gole, IDC European IoT Practice


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