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Worldwide Internet of Things Forecast, 2018–2022

Worldwide Internet of Things Forecast, 2018–2022
This IDC study provides key considerations for technology suppliers in this evolving and complex market as well as some of the drivers and inhibitors of growth throughout the forecast period. This forecast is created from IDC's Worldwide Semiannual Internet of Things Spending Guide. This iteration includes data presented in the June 2018 update to the Worldwide Semiannual Internet of Things Spending Guide. In the most recent iteration, there were 82 use cases identified and sized across the technology stack, with up-front and recurring spend considered."The Internet of Things is moving into a new phase where we are starting to see the harmonization between human and machine come to fruition. Initially, it was about machine to machine by digitally enabling physical things," said Carrie MacGillivray, group vice president, IoT and Mobility at IDC. "With the ability to receive visual, audio, tactile, and environmental cues from the world around us, we can adjust and adapt proactively to changing conditions in the world around us."

Please Note: Extended description available upon request.


IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Worldwide Internet of Things Spend Forecast by Region
Worldwide Internet of Things Spend Forecast by Technology
Market Context
Drivers and Inhibitors
Drivers
Proliferation of Interconnected Devices and Things
IoT Ecosystem Complexity
Enterprise Readiness
Inhibitors
Security Concerns
Lack of Coordination Between IT and OT
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
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