IDC: CEMA IoT market to increase by 22% to $14B in 2015

The Internet of Things (IoT) market in Central and Eastern Europe, the Middle East, and Africa (CEMA) is expected to expand 22 per cent in 2015 year on year, reaching $14 billion (€12.8 billion) in total value, according to a new forecast from IDC. The 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. IDC noted that IoT-related revenue will be generated across the entire CEMA region, although Central and Eastern Europe will account for the lion's share, with 60.2 per cent of the total CEMA IoT market value in 2013, which will decline to 56.9 per cent in 2018. Release

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