IDC: IoT market in CEE and MEA to explode in 2015

The Internet of Things (IoT) market in the CEMA region (Central and Eastern Europe and the Middle East and Africa) region is taking off. Although still nascent, it is growing rapidly and offers considerable potential for the rest of the decade, according to IDC. In 2015, the IoT market in CEMA is expected to soar, bringing critical technology innovation, enabling business process innovation, and driving the digital transformation further than has been possible so far. IDC expects the CEMA IoT market to exceed $50 billion (€44 billion) by 2018, at about the same time the installed base will reach approximately 2 billion autonomous devices or "things" connected to networks across CEMA. That said, the IoT adoption rate will be far from uniform across industry sectors. Release

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