target audience: TECH SUPPLIER Publication date: Jul 2022 - Document type: Market Forecast - Doc Document number: # EUR147909222
European IoT Connectivity Forecast 2022-2026
This IDC study examines the European IoT connectivity market and provides a forecast of the market segmented by cellular, LPWAN, and other connectivity types.
“The IoT connectivity market is proving to be resilient against the shifting geopolitical and economic conditions of recent years. Companies have accepted that they will need IoT for a variety of use cases, some of which are vital in downtimes to achieve cost savings, while others are useful in boomtimes, as companies seek to launch new products or invest in strategic long-term projects. As the IoT ecosystem continues to mature, IDC forecasts continued strong growth in IoT connectivity spending.” — Research Director John Gole, IDC European IoT Practice