Worldwide IoT Platforms and Analytics Forecast, 2021-2025

This IDC study presents a five-year forecast for the worldwide IoT platform and analytics market as of June 2021."The past year has demonstrated the key role data can play to enable enterprise resiliency strategies," says Stacy Crook, research director, IoT. "IoT data provides insight into people, things, processes, and environments, thus helping organizations optimize decisions in times of disruption as well as on an everyday basis."

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Market Context

• Drivers and Inhibitors
  • Drivers
    • Digital Transformation Initiatives
    • Speed to Market
  • Inhibitors
    • Growth in IoT Packaged Applications
    • Do-It-Yourself Approaches
• Significant Market Developments
• Changes from Prior Forecast

Market Definition

Methodology

• Historical and Forecast Market Values and Exchange Rates

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