This IDC study provides details of IDC's Worldwide Semiannual Internet of Things Spending Guide taxonomy. This document is to be used as a companion piece for IDC's Worldwide Semiannual Internet of Things Spending Guide. Technology suppliers may utilize this forecast structure to help them build an industry-focused outlook to pursue Internet of Things (IoT) market opportunities. The research methodology used to develop the Worldwide Semiannual Internet of Things Spending Guide is also referenced.

"IDC's Worldwide IoT Spending Guide is released twice annually with the goal to improve forecast quality and accuracy in light of latest market developments. We reexamined regional market use case adoption through primary and secondary research sources in this latest release. This work centered on validating assumptions for existing named use cases," said Marcus Torchia, research director, Customer Insights and Analysis Group. "Further, we took a full view of the Worldwide Semiannual IoT Spending Guide industry spending within the context of the Worldwide Semiannual IT Spending Guide. [The Worldwide Semiannual IT Spending Guide is IDC's primary forecasting source of traditional IT spending by industry and company size.] Assumptions were adjusted for technologies with the same or similar taxonomies and where viable comparisons were possible. These technology categories included analytics software, applications, connectivity, other hardware, servers, and storage."



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