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Sep 2016 - Market Analysis - Doc # US41623316

Worldwide Internet of Things 2016–2020 Forecast: Regional Market Opportunity by Use Cases

Authors: Marcus Torchia, Monika Kumar

Abstract

This IDC study describes how IDC's Customer Insight and Analysis organization evaluates the worldwide Internet of Things (IoT) market and the market opportunity by region. It provides a worldwide IoT vertical market outlook for 2015–2020, analyzes the current size and future potential of spending on key IoT use cases in the major regions, and sets the forecast within the context of the IoT ecosystem.

"The potential of IoT is a generational opportunity grounded in near-term gains through productivity and long-term value creation through new business model development," said Marcus Torchia, research manager, IDC Customer Insights and Analysis. "To meet the needs of this diverse market, understanding the varying needs of the industries and geographic regions cannot be overstated."

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