Table of Contents

IDC Market Forecast Figure

Figure: Worldwide Internet of Things Spending Snapshot

Executive Summary

Figure: Impact of COVID-19 on Internet of Things Spending, April–August 2020

Advice for Technology Suppliers

Market Forecast

Worldwide Internet of Things Spend Forecast by Region

Table: Worldwide Internet of Things Spending by Region, 2018–2024 ($B)

Figure: Worldwide Internet of Things Spending Share by Region, 2019 and 2024

Worldwide Internet of Things Spend Forecast by Technology

Table: Worldwide Internet of Things Spending by Technology, 2018–2024 ($B)

Figure: Worldwide Internet of Things Spending Share by Technology Category, 2019 and 2024

Figure: Worldwide Internet of Things Spending Share by Technology, 2019 and 2024

Market Context

Drivers and Inhibitors

Drivers

Expected Growth of IoT Installed Base

Speed to Market

Inhibitors

Impact of COVID-19

Security Concerns

Inability to Integrate IoT as Part of Existing Business Processes

Significant Market Developments

Changes from Prior Forecast

Figure: Worldwide Internet of Things Spending, 2017–2024: Comparison of January 2020 and August 2020 Forecasts

Market Definition

Methodology

Related Research

Content


Related Links