USD
GBP 
CNY 
EUR 
INR 
JPY 
MYR 
ZAR 
KRW 
THB 
Top 10 Strategic Imperatives in IoT and Edge, 2024
The Top Transformations Impacting Future Growth Potential
23-Aug-2024
Global
Strategic Forecasting
KA69-01-00-00-00
IT_2024_949
Strategic imperatives are concepts that companies embrace to overcome internal and external challenges, such as economic disruptions that make it difficult to prepare a company for the future. Frost & Sullivan has identified eight:
1. Innovative Business Models
2. Compression of Value Chains
3. Transformative Megatrends
4. Disruptive Technologies
5. Internal Challenges
6. Competitive Intensity
7. Geopolitical Chaos
8. Industry Convergence
An understanding of these imperatives allows companies able to formulate a solid, realistic vision and strategy to set long-term objectives and build a growth pipeline of innovative opportunities leading to sustained, transformational growth.
This study analyzes the strategic imperatives for the internet of things (IoT) and edge markets. Frost & Sullivan experts ranked them in terms of industry impact and described them in detail. These forces are profoundly impacting all participants within the IoT and edge ecosystem, driving the need for product innovation, revamped business models, new partnerships and a strategic roadmap to unlock new growth opportunities. The study spotlights companies to action, which are strategic ecosystem participants driving cutting-edge IoT and edge solutions, showcasing their contributions and potential to move the industry forward.
Author: Cecilia Perez
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
Top Transformations Impacting Growth in IoT and Edge
Top Transformations Impacting Growth in IoT and Edge (continued)
Transformation 1—Complexity of SIM card logistics
Transformation 2—Absence of AI and Data Management in IoT Projects
Transformation 3—Cybersecurity as the Top Concern for Government and Enterprises
Transformation 4—Technology Integration Complexity, and Infrastructure and Application Visibility
Transformation 5High Network Rollout and Expansion Costs
Transformation 6—Relevant Upfront Costs and Complexity of Implementation and Maintenance for Mobile Private Networks
Transformation 7—Low-Earth orbit satellite constellations increasing competition in IoT
Transformation 8—Environmental, Social, and Governance at the Top of CEOs’ Agendas
Transformation 9—Metaverse and Spatial Computing Depend on Industry Convergence to Evolve
Transformation 10Battery Life of IoT Devices Not Enough for Some Use Cases
Frost & Sullivan Analytics Perspectives
Benefits and Impacts of Growth Opportunities
Next Steps
Legal Disclaimer
Speak directly with our analytics experts for tailored recommendations.
Recent related IT Services and Applications research
26 Oct 2026 | North America | Frost Radar
Frost Radar™: Data Center Colocation Services in North America, 2026
Data center colocation services have become a foundational component of enterprise digital infrastructure, enabling organizations to balance performance, security, scalability, and cost optimization across increasingly distributed IT environments. Colocation facilities serve as critical interconnect...
23 Oct 2026 | Global | Technology Research
Growth Opportunities in GPU-as-a-Service, Hyperscale & AI-Focused Digital Infrastructure, AI-ready Data Center, Prompt-based Builder, Docs-as-code, and Artificial Chip Intelligence
This edition of the IT, Computing and Communication Technology Opportunity Engine explores GPU-as-a-Service, Hyperscale & AI-Focused Digital Infrastructure, and AI-Ready Data Centers to scale AI compute capabilities. Prompt-Based Builders and Docs-as-Code accelerate software development, while Artif...
16 Oct 2026 | Global | Frost Radar
Frost Radar™: Satellite IoT, 2026
Direct-to-device (D2D) connectivity and 3GPP NTN standards are reshaping the satellite IoT market. Release 17 enabled satellite NB-IoT through standard cellular modules, SIMs, and devices. The shift to 5G New Radio NTN supports higher-throughput, delay-sensitive services, such as direct-to-smartphon...
15 Oct 2026 | Latin America | Frost Radar
Frost Radar™: Managed Cloud Service Providers in Latin America, 2026
Cloud has become an established component of enterprise technology strategy in Latin America, but adoption has not necessarily reduced complexity. Many organizations now operate fragmented environments: public cloud, private cloud, on-premises infrastructure, legacy applications, SaaS platforms, and...
13 Oct 2026 | Global | Strategic Imperatives
Top 10 Strategic Imperatives for Public Cloud Services, Global, 2026
The global public cloud services industry is shifting from an era focused primarily on cloud migration and cost optimization to one centered on control, trust, intelligence, and measurable business outcomes. Enterprises are no longer asking whether workloads belong in the cloud. Instead, they are de...
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.