Abstract

This Market Forecast study presents IDC's expectations for the IoT market in Europe (Western Europe and Central and Eastern Europe). It leverages the IDC Worldwide Semiannual Internet of Things Spending Guide published in May 2021. The forecast is broken down by technology, industry, and geography and presents key drivers and market dynamics in each segment. The study replaces IDC's European Internet of Things Forecast, 2020-2024 (IDC #EUR145935020, June 2020).

"IoT is proving to be a critical part of European digitalization strategies in the COVID-19 era. Organizations have realized they can withstand rapid change and even thrive during disruption. They understand that technology and automation will become more important, and they have identified IoT as a key part of their transformation strategies." — Research Director John Gole, IDC European IoT Practice


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