PRAGUE, August 4, 2015 – The Internet of Things (IoT) market in Central and Eastern Europe, the Middle East, and Africa (CEMA) is expected to expand 22% in 2015 year on year, reaching $14 billion in total value, according to a new forecast from International Data Corporation (IDC). The first-of-its-kind IoT forecast focuses on 25 of the fastest-growing IoT use cases in 11 vertical industries, including manufacturing, transportation, healthcare, government, utilities, retail, and consumer, while also sizing IoT opportunities across the technology stack. (TZ)
Unlike any other research in the industry, the new forecast specifically highlights Central and Eastern Europe (CEE) and Middle East and Africa (MEA) spending across IoT use cases — asset management, automated public transit, digital signage, smart grid, connected vehicles, and smart appliances, among others. The comprehensive spending model was designed to help clearly understand the industry-specific opportunities for IoT technologies today.
About IDC – IDC leads the ICT innovation discussion through events, research, and consulting. For nearly five decades it has been giving ICT and business professionals data and insight for making strategic and practical decisions. IDC is a subsidiary of IDG, the world’s leading technology media, research, and events company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC.