IDC Market Forecast Figure

Figure: Worldwide Internet of Things Spending Snapshot

Executive Summary

Advice for Technology Suppliers

Market Forecast

Worldwide Internet of Things Spend Forecast by Region

Table: Worldwide Internet of Things Spending by Region, 2021–2026 ($B)

Figure: Worldwide Internet of Things Spending Share by Region, 2022 and 2026

Worldwide Internet of Things Spend Forecast by Sector and Use Case

Figure: Worldwide Internet of Things Spending Share by Sector, 2021 and 2026

Table: Use Cases Ranking in Top 10 of Spend in 2023 and Five-Year CAGR in 2026

Table: by 2026

Figure: Five-Year CAGR for Select Agricultural Use Cases, 2021–2026

Market Context

Drivers and Inhibitors

Drivers

Architectural Flexibility and Accessibility

Talent Shortages

Inhibitors

Impact of Geopolitical and Supply Chain Disruption

Security

Inflation

Significant Market Developments

Changes from Prior Forecast

Table: Industries and Use Cases Removed from Prior Forecast

Market Definition

Methodology

Related Research