TRENDING
MANUFACTURING &
TRANSPORTATION TO
DOMINATE $6.6 BILLION
MEA IOT INVESTMENTS
IN 2016
In an update to its Worldwide Semiannual Internet of Things
Spending Guide, International Data Corporation (IDC) forecasts that
organisations in the Middle East and Africa (MEA) will invest more
than $6.6 billion in Internet of Things (IoT) hardware, software,
services, and connectivity in 2016. The global ICT consulting and
advisory services firm expects IoT revenues in the region to increase
at a compound annual growth rate (CAGR) of 21.3% over the next
four years to total more than $14.3 billion in 2020.
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INTELLIGENTCIO
www.intelligentcio.com