TECH SUPPLIER Jul 2021 - Market Forecast - Doc # US48097621
Worldwide Internet of Things Infrastructure Forecast, 2021-2025
By: Patrick FilkinsResearch Manager, IoT and Telecom Network Infrastructure, Dave McCarthyResearch Vice President, Cloud and Edge Infrastructure Services, Max PepperSenior Research Analyst, Infrastructure Systems, Platforms and Technologies, Rohit MehraGroup Vice President, Network and Telecom Infrastructure
This IDC study provides a forecast for the worldwide IoT infrastructure market for 2021–2025.
"While disproportionate recovery across both regions and verticals from the ongoing pandemic will continue to hinder IoT projects worldwide, the impact will be lesser than expected, with some organizations reallocating the budget toward IoT projects that were delayed in 2020 and 1H21. By 2022, we expect the overarching drivers, including demand for edge IoT infrastructure, to support the deployment of IoT applications spanning key verticals such as the manufacturing, government, and energy sectors to help drive a more sustained growth trajectory in the IoT infrastructure market."
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