European Internet of Things Forecast, 2022–2026
This Market Forecast study presents IDC's expectations for the IoT market in Europe (Western Europe and Central and Eastern Europe). It leverages IDC's Worldwide Semiannual Internet of Things Spending Guide, published in May 2021. The forecast is broken down by technology, industry, and geography and presents key drivers and market dynamics in each segment. The study updates IDC's European Internet of Things Forecast, 2021-2025 (IDC #EUR146481321, September 2021)."While the COVID-19 crisis appears to be waning, the economic challenges, war in Ukraine, and energy uncertainty are creating new pressures on the European IoT market. Yet IoT is a crucial toolset helping organizations manage these new market conditions, and spending will continue to grow strongly in Europe." — Research Director John Gole, IDC European IoT Practice
Please Note: Extended description available upon request.
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Market Forecast
- Geography View
- Western Europe
- Central and Eastern Europe
- Technology View
- Connectivity
- Hardware
- Services
- Software
- Industry View
- Distribution and Services
- Manufacturing and Resources
- Public Sector
- Infrastructure
- Finance
- Market Context
- Drivers and Inhibitors
- Drivers
- Maturing Supplier Ecosystem Accelerating IoT Projects
- Recent Disruptions Accelerating Pursuit of Digitalization
- Inhibitors
- Russia-Ukraine War and Its Macroeconomic Reverberations
- Chip Shortage and Supply Chain Disruptions
- Significant Market Developments
- Changes from Prior Forecast
- Market Definition
- Methodology
- Related Research
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