Top 10 Growth Opportunities in IoT, 2024

"The Increasing Relevance of Cybersecurity, Sustainability and Data-driven Products/Services in the C-Level Agenda Reflects on IoT Adoption and Generates Growth Opportunities for ICT Providers Across Verticals."

Frost & Sullivan's global IoT industry predictions for calendar 2024 are the result of aggregated input from Frost & Sullivan regional IoT and Edge research teams. Research analysts' input leverages the extensive Frost & Sullivan knowledge base, as well as primary and secondary research.

The recently published IoT Predictions report includes the top 10 Growth Opportunities reflecting the hot topics for 2024. Major trends impact the latest innovations of IoT technologies, new business models, emerging use cases, and the latest initiatives for companies' digital transformation journey under a more secure and carbon-neutral approach.

The study includes the findings of our latest IT Decision Makers' (ITDM) Survey, conducted in Q4 2023 with the participation of 688 ITDMs, comprising questions about IoT security and adoption, directed to organizations of various sizes and industries in North America, Europe, Asia-Pacific, and Latin America. Furthermore, the study forecasts revenue and cumulative IoT devices, from 2024 until 2026, in different growth opportunities.

Finally, this Frost & Sullivan report provides recommendations and reference studies for a deep dive into the different topics discussed.