G20 Nations and the IoT: A Comparative Assessment
This IDC study provides a comparative assessment of the Group of Twenty (G20) nations according to their readiness for the continued adoption of the Internet of Things (IoT) and ability to facilitate its accelerated development in the near future. The study outlines the methodology used for scoring, weighting, and ranking each nation in relation to the nation's opportunity for IoT development and provides an in-depth discussion on the rank-ordered results for each country. The study includes a future outlook and concludes with some essential guidance for IoT vendors and service providers currently assessing market potential for revenue as a result of the increasing adoption of the IoT in G20 countries, as well as for G20 nations on how to raise their investment appeal. "Countries are keen to become or maintain a competitive advantage, and as such are looking to The Internet of Things as one of those initiatives," says Vernon Turner, senior vice president of Enterprise Systems and IDC Fellow for The Internet of Things. "Knowing where a country stands in the IoT index will help global and local IT vendors know what opportunities lie ahead of them as they line up their strategies at federal, local, and enterprise levels." "IDC's assessment of the G20 nations' capacity to develop IoT opportunities reveals some surprising results," adds Adam Wright, senior research analyst, Internet of Things. "Not all countries are created equal, and sheer GDP size alone is not necessarily the best predictor of a country's readiness for and ability to accelerate the development of the IoT."
Please Note: Extended description available upon request.
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