0
Wireless

Global spending on IoT will pass USD 1 trillion mark in 2020 - study

Friday 8 December 2017 | 09:33 CET | News
Global spending on the Internet of Things (IoT) is expected to reach USD 772.5 billion next year, up 14.6 percent from the 674 billion seen for 2017, according to the latest study from IDC. Spending will pass the USD 1 trillion mark in 2020 and hit USD 1.1 trillion in 2021. This means a compound annual growth rate (CAGR) of 14.4 percent through the 2017-2021 forecast. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Countries: World
::: add a comment
This article is part of dossier

IoT


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.







Calendar   /   Industry Events

27 Jan AT&T Q4 2020
27 Jan Corning Q4 2020
27 Jan Calix Q4 2020
27 Jan Facebook Q4 2020
27 Jan KPN Q4 2020
27 Jan Extreme Networks fiscal Q2
27 Jan MediaTek Q4 2020
27 Jan Apple fiscal Q1
27 Jan Uptime
28 Jan Crown Castle Q4 2020
28 Jan Skyworks fiscal Q1
28 Jan 8x8 fiscal Q3
28 Jan Samsung Electronics Q4 2020
28 Jan Rogers Communications Q4 2020
28 Jan Juniper Networks Q4 2020
28 Jan Comcast Q4 2020
29 Jan Charter Communications Q4 2020
29 Jan Ericsson Q4 2020
29 Jan NEC fiscal Q3
29 Jan Airtel Africa Q4 2020
29 Jan Telia Q4 2020
01 Feb NXP Semiconductors Q4 2020
01 Feb Harmonic Q4 2020
01 Feb On Semiconductor Q4
01 Feb Cirrus Logic Q3
02 Feb Viavi fiscal Q2
02 Feb FireEye Q4 2020
02 Feb Telenor Q4 2020
02 Feb Tele2 Q4 2020
02 Feb Alphabet Q4 2020
::: More Calendar Items