Information Technology

The Evolving Landscape of the Internet of Things: Stability, Shifts, and Diverse Pathways Updated Research Available

Highlights from the Annual Frost & Sullivan Global IoT Survey


RELEASE DATE
11-Feb-2025
REGION
Global
DELIVERABLE TYPE
Customer Research

RESEARCH CODE
KB0A-01-00-00-00
SKU
IT_2025_1292
Yes
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The Evolving Landscape of the Internet of Things: Stability, Shifts, and Diverse Pathways
Published on: 11-Feb-2025 | SKU: IT_2025_1292

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Frost & Sullivan's annual survey, now in its fourth year, offers critical insights into the perceptions and behaviors of IT and business decision-makers as they navigate the rapidly evolving landscape of cloud technologies and Internet of Things (IoT) applications. Since 2020, Frost & Sullivan has conducted an annual survey targeting IT and business decision-makers to gauge their perceptions, decisions, and purchasing behaviors. The 2024 survey includes a set of IoT-specific questions that allow for comparisons of responses over time. The primary goal of the survey is to understand the evolving organizational priorities of respondents and how cloud-related technologies assist them in achieving their business objectives. The results of the survey shed light on the decision-making processes in enterprises, highlighting the following:
• The decision-makers that drive the adoption of digital solutions
• The ways in which enterprises prioritize challenges and set their objectives
• The benefits experienced across different regions and industries
• The infrastructure options that enterprises are currently using and those they plan to implement
• The key IoT applications being utilized across verticals
• A ranking of spending on various components
• Expectations for future growth

Author: Cecilia Perez

Research Objectives and Methodology

Respondent Profile

IT Department and Line of Business Officers Drive Decisions

Revenue Growth and CX Improvement the Top Business Objectives

Businesses Prefer Small Projects

The Tactical IoT Challenges Persist

‘Employee Safety’ and ‘Automate Manual Processes’ as Top IoT Benefits

Regional Similarities and Differences in Benefits Experienced

Industry Similarities and Differences in Benefits Experienced

Regional Differences in Wireless Connectivity

Growth in Data Volume Remains Stagnant

Regional Differences in Application

Heavy Usage Outliers

Heavy Usage Outliers (continued)

IoT Security Prevails in IoT Infrastructure

AI Gains Traction in IoT Infrastructure

Positive Investment Expectations in 2025

Key Findings

Growth Opportunities Fuel the Growth Pipeline Engine™

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

Benefits and Impacts of Growth Opportunities

Next Steps

List of Exhibits

Legal Disclaimer

List of Figures
  • Decision-makers in Organizations for Digital Solutions Adoption, Global, 2023–2024
  • Decision-makers in Organizations for AI Adoption, Global, 2023–2024
  • Business Objectives, Global, 2024
  • Business Objectives, Global, 2023
  • IoT Deployment Status in Organizations, Global, 2023 and 2024
  • Most Challenging Aspects of Implementing IoT, Global, 2023 and 2024
  • Benefits Already Realized with IoT Implementation, Global, 2023 and 2024
  • Connectivity Technologies in IoT Solution (all that Apply), Global, 2024
  • Data Volume Growth in the Last 12 Months, Global, 2023–2024
  • Select IoT Applications by Region, Global, 2024
  • Select IoT Applications by Industry Vertical, Global, 2024

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