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.
- 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
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