Report cover image

Worldwide Internet of Things Infrastructure Forecast, 2023–2027

Publisher IDC
Published Jul 31, 2023
Length 9 Pages
SKU # IDC18096279

Description

Worldwide Internet of Things Infrastructure Forecast, 2023–2027


This IDC study presents a 2023–2027 forecast for the IoT infrastructure market."The IoT market remains a challenging landscape for organizations to evaluate and take advantage of. However, 2022 reflected the realization from many large vendors and service providers that IoT remains a potentially lucrative market, as evidenced by a raft of IoT technology and go-to-market partnerships, as well as new solutions designed to simplify how IoT is consumed and measured," says Patrick Filkins, research manager, IoT and Telecom Network Infrastructure at IDC.

Please Note: Extended description available upon request.

Table of Contents

9 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Industrials Demonstrating More Willingness to Use Cloud for IoT Scalability
Inhibitors
Fear of Recession Amid Inflationary Environment Limiting IoT Investment Upside
IoT Stack Complexity Continues to Limit Enterprise Adoption
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research
How Do Licenses Work?
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