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Worldwide Internet of Things Infrastructure Forecast, 2022–2026

Publisher IDC
Published Jul 29, 2022
Length 11 Pages
SKU # IDC17330095

Description

Worldwide Internet of Things Infrastructure Forecast, 2022–2026

This IDC study provides a forecast for the worldwide IoT infrastructure market for 2022–2026."IoT continues making inroads into the enterprise market and does not show any signs of slowing down. Even though IoT is becoming more mature and no longer in the experimental stage, a great number of enterprises are yet to adopt it into their operations. As more enterprises are looking at IoT as a way to increase employee productivity, reduce costs, and bridge OT and IT, in 2022, we expect a greater IoT integration into enterprise IT infrastructure across multiple industrial sectors. Private 5G networks are expected to gain more traction for IoT especially industrial IoT going forward as they eliminate the dependence on carriers, give control to the users, and offer separate data processing and storage, better security policies, and network customization," said Olga Yashkova, research manager, IDC Infrastructure Systems, Platforms, and Technologies.

Please Note: Extended description available upon request.

Table of Contents

11 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Expected Growth of IoT Installed Base
Broader Involvement from Hyperscale Cloud Players
Inhibitors
Lack of Support from Senior Management
Integrating IoT As Part of Ongoing Operations Remains A Challenge
Inflation and Fears of Recession
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research
How Do Licenses Work?
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