target audience: TECH SUPPLIER  Publication date: Jun 2024 - Document type: Market Forecast - Doc  Document number: # EUR151650924

European IoT Market Forecast 2024-2028

By: 

  • John Gole
  • Alexandra Rotaru
  • Romain Fouchereau
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Content

List of Figures



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Table of Contents


  • IDC Market Forecast Figure

    • Figure: European Internet of Things Spending Snapshot

  • Executive Summary

  • Advice for Technology Suppliers

    • Understand and Adapt to Changing Market Needs

    • Assist Customers With Security by Design

    • Offer Scalable and Flexible Solutions

    • Invest in Local Support and Services

    • Address Investment Concerns With Clear ROI

    • Leverage Partnerships and Ecosystems

  • Market Forecast

    • Geography View

    • Figure: European IoT Spending by Region, 2023 Versus 2028

    • Regional View

    • Technology View

    • Figure: European IoT Spending by Technology Group, 2023 Versus 2028

    • Connectivity

    • Hardware

    • Services

    • Software

    • Industry View

    • Distribution and Services

    • Manufacturing and Resources

    • Public Sector

    • Infrastructure

    • Finance

  • Market Context

    • Drivers and Inhibitors

    • Drivers

    • Surge in Interest in Generative AI

    • Industrial IoT (IIoT)

    • Sustainability Enabler

    • Inhibitors

    • Deployment Complexity

    • High Implementation Costs

    • Significant Market Developments

    • Changes from Prior Forecast

    • Figure: European IoT Spending Forecast, 2023–2028: May 2024 Versus May 2023 Forecast Comparison

    • Currency Exchange Rates

  • Market Definition

  • Methodology

  • Related Research