Abstract - Russia Internet of Things Market 2017–2021 Forecast | Исследования | IDC Russia


In this study, IDC provides an analysis of the IoT market in Russia and a 2017–2021 market
forecast split by technology and industry. This report highlights key considerations for technology
suppliers in this rapidly evolving and complex market, as well as some of the growth drivers and
inhibitors throughout the forecast period. This forecast was created from IDC's Worldwide
Semiannual Internet of Things Spending Guide, May 2017, and includes data represented in it.

"Although interest in IoT solutions remains high, more evidence regarding IoT monetization is still
required as end-user companies need solid proof of ROI from IoT projects, which are also hindered
by the lack of technology standardization. The acceptance of common protocols and standards
may speed up the market's development significantly over the forecast period. Growing
government attention in developing the digital economy in Russia will accelerate technology
standardization and regulatory processes, as well as create the infrastructure for the further spread
of IoT implementations." — Software Research Director Elena Semenovskaia, IDC Russia