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FOSTERING IoT TAKE-UP: BUSINESS OPPORTUNITIES ARISE FROM NEW VALUE CHAINS AND
INNOVATIVE IoT-BASED SERVICES DRIVING REVENUE GROWTH
IoT solutions allow industries to address their specific business needs and IoT DEMAND DYNAMICS BY INDUSTRY
implement digital innovation in a sustainable and cost-effective way, for IoT spending is forecast to grow fast across all industries, including those like
example allowing to develop new services based on IoT – generated data healthcare, previously slow in take-up. The consumer market boosted by smart
flows and to manage the interaction with customers in real time. home and personal wellness IoT devices is a great business opportunity.
THE IoT INDUSTRIES KEYWORDS IN 2019
2018-2022 CAGR Media
7% 19%
UTILITIES GRID MANAGEMENT Utilities Professional
Se rvices
TRANSPORT MOBILITY AS A SERVICE Te lco
Education
Discrete
Manufacturing
RETAIL POINTS OF SALE INNOVATION Retail Ce ntral
Consumer Gove rnment
GOVERNMENT ADVANCED DATA PLATFORM
Pro cess Healthcare
Manufacturing Pers onal &
COLLABORATIVE & PARAMETRIC Co ns umer Loca l
INSURANCE Se rv ices Government
APPROACHES
MANUFACTURING SERVITIZATION
Transport Wholes ale
PROACTIVENESS &
HEALTHCARE
PERSONALIZATION
2018 IoT spending value = bubble size and 2018-2022 CAGR = bubble color
Source: IDC Worldwide Semiannual Internet of Things Spending Guide, 2019

