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European IoT Market Forecast 2024-2028

Publisher IDC
Published Jun 28, 2024
Length 15 Pages
SKU # IDC18930932

Description

European IoT Market Forecast 2024-2028


This Market Forecast study presents IDC's expectations for the IoT market in Europe (Western Europe [WE] and Central and Eastern Europe [CEE]). It leverages IDC's Worldwide Semiannual Internet of Things Spending Guide, published in May 2024. The forecast, which is broken down by technology, industry, and geography, presents each segment's key drivers and market dynamics. The study updates IDC's European IoT Forecast, 2022–2027 (IDC #EUR150314623, October 2023)."Organizations see IoT as a key part of their strategic digitalization efforts. Deploying IoT solutions remains challenging for organizations, particularly those with ambitious plans to incorporate AI and automation into their solutions. However, the industry is making progress and will gradually expand the capabilities of IoT solutions over the next several years." — Research Director John Gole, IDC European IoT Practice

Please Note: Extended description available upon request.

Table of Contents

15 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Understand and Adapt to Changing Market Needs
Assist Customers With Security by Design
Offer Scalable and Flexible Solutions
Invest in Local Support and Services
Address Investment Concerns With Clear ROI
Leverage Partnerships and Ecosystems
Market Forecast
Geography View
Regional View
Technology View
Connectivity
Hardware
Services
Software
Industry View
Distribution and Services
Manufacturing and Resources
Public Sector
Infrastructure
Finance
Market Context
Drivers and Inhibitors
Drivers
Surge in Interest in Generative AI
Industrial IoT (IIoT)
Sustainability Enabler
Inhibitors
Deployment Complexity
High Implementation Costs
Significant Market Developments
Changes from Prior Forecast
Currency Exchange Rates
Market Definition
Methodology
Related Research

Pricing

Currency Rates
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