TECH SUPPLIER Jul 2020 - Market Forecast - Doc # EUR144695919

Nordic Internet-of-Things Forecast, 2020–2024

By: Anders ElbakResearch Director


This IDC Market Forecast replaces the previous IoT forecast (Nordic Internet-of-Things Forecast, 2018-2022, IDC #EMEA43946018, January 2019). It presents the latest IoT market forecast for the Nordic countries and includes top-level technology and industry splits.

"Organizations in Nordic countries spent more than €12 billion on IoT solutions in 2019. Despite a slowdown due to the COVID-19 pandemic, this will almost double over the next five years," said Anders Elbak, associate director for IDC Nordics and part of IDCs European IoT Practice. "Among the most apparent trends in the market is the formation of ecosystems that enable end-to-end solutions serving specific business needs."



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