target audience: TECH SUPPLIER Publication date: Nov 2023 - Document type: Market Forecast - Doc Document number: # EUR147909321
European 5G IoT Forecast, 2023–2027
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Abstract
This IDC Market Forecast provides IDC's assessment of the current adoption of and spending on 5G IoT connections in Europe, along with a five-year forecast.
"Although we are now a few years into the 5G era, we have not yet seen its true potential for IoT. 5G networks remain a work in progress, and many advanced IoT use cases are still in the research lab. 5G IoT will ultimately drive tremendous innovation, but the road to this destination is still very long." — Research Director John Gole, IoT, IDC Europe