target audience: TECH SUPPLIER Publication date: Nov 2024 - Document type: IDC Survey - Doc Document number: # US52703524
State of the Connected Enterprise: Overview of Trends in IoT, Edge, and Private Network Adoption and Investment
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Abstract
This IDC Survey presentation is sourced from IDC’s Future Enterprise Connectivity Survey, fielded in August 2024 and capturing connectivity technology priorities, networking challenges, and investment expectations from 751 enterprise decision-makers worldwide across 19 countries and 18 vertical industries.
IDC’s 2024 Future Enterprise Connectivity Survey shows connectivity services budgets for 2024 trend higher than 2023, with over one-half of all enterprises expecting higher spend across key segments than in 2023. While data security ranks as the top IT challenge, more than one-quarter of all enterprises are struggling to integrate AI, IoT, and newer technologies.
Looking ahead to 2025, two-thirds of enterprises worldwide expect to increase spending on IoT solutions over the next 12 months, and more than half expect to increase spending on multi-access edge computing solutions.