target audience: TECH SUPPLIER Publication date: Jul 2022 - Document type: Market Forecast - Doc Document number: # US48853922
Worldwide Internet of Things Infrastructure Forecast, 2022–2026
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Abstract
This IDC study provides a forecast for the worldwide IoT infrastructure market for 2022–2026.
"IoT continues making inroads into the enterprise market and does not show any signs of slowing down. Even though IoT is becoming more mature and no longer in the experimental stage, a great number of enterprises are yet to adopt it into their operations. As more enterprises are looking at IoT as a way to increase employee productivity, reduce costs, and bridge OT and IT, in 2022, we expect a greater IoT integration into enterprise IT infrastructure across multiple industrial sectors. Private 5G networks are expected to gain more traction for IoT especially industrial IoT going forward as they eliminate the dependence on carriers, give control to the users, and offer separate data processing and storage, better security policies, and network customization," said Olga Yashkova, research manager, IDC Infrastructure Systems, Platforms, and Technologies.