The publisher'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, the publisher 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:Highlights from the Annual Frost & Sullivan Global IoT Survey
- 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
Table of Contents
Research Objectives and Methodology- 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
- 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
