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Business Strategy: IoT Use and Importance Will Increase in Central and Eastern Europe

Business Strategy: IoT Use and Importance Will Increase in Central and Eastern Europe

The market for the IoT in Central and Eastern Europe is taking off. Over the next five years, spending will soar, expanding at a compound annual growth rate of more than 17%. Government will be one of the most important sectors for IoT and will account for more than 35% of the five-year spending total. This study gives an overview of four key usage areas for the IoT in government in Central and Eastern Europe. It specifically assesses and forecasts spending for automated public transit, environmental monitoring detection, public infrastructure asset management, and public safety and emergency response.

"The public sector in CEE will not be the fastest-growing area for Internet-of-Things investments, but it will be one of the largest and most important. IoT deployments are natural extensions of the push to improve the delivery of public services to businesses and citizens, increase efficiency, and cut overall costs. Moreover, the data pulled in from IoT deployments will be a goldmine for planners and officials looking to develop new services and additional IoT deployments." — Research Manager Mark Yates, IDC CEMA.

Please Note: Extended description available upon request.


IDC Government Insights Opinion
In This Study
Situation Overview
The Approach
Worldwide IoT Market: Billions of Things, Trillions of Dollars
Four Public Sector IoT Pillars
IoT Drivers in the Public Sector in CEE
The Push to Improve Public Service
Global Big Data Success in Law Enforcement
Cost Reduction
Smart City Development
Future Outlook
Essential Guidance
Actions to Consider
Create a Security Strategy from the Beginning
Invest in Analytics, Not Just Isolated Solutions
Set Standards, Standards, Standards
Build on Existing Solutions
Learn More
Related Research
Synopsis
Table: Four Usage Cases for the Internet of Things in the Public Sector
Figure: Government IoT Spending by Usage Case in Central and Eastern Europe, 2013–2018
Figure: Automated Public Transit IoT Spending in Central and Eastern Europe, 2013–2018
Figure: Environmental Monitoring Detection IoT Spending in Central and Eastern Europe, 2013–2018
Figure: Public Infrastructure Asset Management IoT Spending in Central and Eastern Europe, 2013–2018
Figure: Public Safety and Emergency Response IoT Spending in Central and Eastern Europe, 2013–2018
Figure: Government IoT Spending in Central and Eastern Europe by Country, 2013–2018

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