Worldwide Internet of Things Services Forecast, 2018–2022
This IDC study presents the 2017–2022 market sizing and growth rates for the worldwide Internet of Things services market."IT and business services firms have a real opportunity to deliver significant business value to their customers seeking to leverage the capabilities of the IoT. Adoption of IoT is gaining traction, and most customers will seek to partner with an external service firm to help them realize their IoT objectives. Successful service firms in this space will be able to address customers' needs for strategy and advisory services, application development and implementation, analytics, product engineering services, training, support, and management services. They will absolutely need strong knowledge and expertise in the specific process domains of focus and that includes whatever operational technology (OT) is being automated. More than any other types of digital transformation, IoT has the potential to vastly change every aspect of the business, and those customers that take a strategic and holistic approach to adoption will be most successful," said Rebecca Segal and Curtis Price, vice presidents and co-leads of IDC's Internet of Things: Services Program.
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