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Aug 2017 - Market Forecast - Doc # US41619617

Worldwide Internet of Things Services Forecast, 2017–2021

Authors: Cushing Anderson, Rob Brothers, Marianne Kolding, Vladimír Kroa, Linus Lai, Gard Little, Curtis Price, Waldemar Schuster, Rebecca Segal, David Tapper, Takuya Uemura, Nigel Wallis

Abstract

This IDC study presents the 2017-2021 market sizing and growth rates for the worldwide Internet of Things (IoT) services market.

"Service providers have a real opportunity in the IoT services market to show significant value to their customers by helping plan, implement, support, and operate IoT initiatives. IDC surveys consistently show that customers will turn to service providers as they themselves lack the skills and resources to execute the highly complex business and IT requirements of IoT. In addition, service providers are actively developing solutions for a variety of use cases that address customers' needs for increased operational efficiencies in both industrial- and consumer-based industries, improved customer and user experiences, and sustainable cost savings that are used to fund continuing IoT-related initiatives increasingly in a risk-sharing mode," said Rebecca Segal and Curtis Price, vice presidents and co-leads for IDC's Worldwide Internet of Things Services program.

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