Jan 2019 - Market Forecast - Doc # US44755019
Worldwide Internet of Things Forecast Update, 2018–2022
By: Carrie MacGillivrayGroup Vice President, Internet of Things, 5G & Mobility, Marcus TorchiaResearch Director, Customer Insights & Analysis, Ashutosh BishtSenior Research Manager, Stacy CrookResearch Director, Internet of Things, Milan KalalProgram Manager, European Customer Insights & Analysis Group, Jonathan LeungSenior Market Analyst, Roberto MembrilaAnalyst, ROC, Latin America, Andrea SivieroResearch Manager, European Industry Solutions, Customer Insights & Analysis, Nigel WallisResearch Vice President, IoT and Industries, Yuta TorisuSenior Market Analyst, Communications, IDC Japan
This IDC study provides key considerations for technology suppliers in this evolving and complex market as well as some of the drivers and inhibitors of growth throughout the forecast period. This forecast is created from IDC's Worldwide Semiannual Internet of Things Spending Guide. This iteration includes data presented in IDC's November 2018 Worldwide Semiannual Internet of Things Spending Guide, where 82 use cases were identified and sized across the technology stack, with up-front and recurring spend considered.
"The adoption of IoT is happening across industries, in governments, and in consumers' daily lives. We are increasingly observing how data generated by connected devices is helping businesses run more efficiently, gain insight into business processes, and make real-time decisions. For consumers, access to data is changing how they are informed about the status of households, vehicles, and family members as well as their own health and fitness," said Carrie MacGillivray, group vice president, Internet of Things and Mobility at IDC. "The next chapter of IoT is just beginning as we see a shift from digitally enabling the physical to automating and augmenting the human experience with a connected world."