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Ten Internet of Things (IoT) predictions for 2023

Market news |
By Rich Pell


Market research reports and market data provider ResearchAndMarkets.com has addded an Internet of Things (IoT) predictions report to its offerings. The study presents predictions for the IoT industry in 2023, aggregated from Frost & Sullivan’s Internet of Things research teams from different regions.

The predictions were formed using the results of its 2022 IT decision-maker (ITDM) survey of 2,094 ITDMs across end-user organizations of different sizes and industries based in North America, Europe, Asia, and Latin America. According to the report, the top 10 predictions for the IoT landscape in 2023 are:

  • Security & surveillance will lead the IoT market
  • Industrial IoT will become a hot topic
  • IoT will improve customer experience
  • IoT will play a major role in the metaverse
  • 5G and immersive technologies will boost market opportunities
  • Technology integration will drive LPWAN market growth
  • ESG will become a priority in the CEO agenda
  • Multi-Access Edge Computing (MEC) will be at the forefront of innovation
  • IoT providers should be ready for the new wave of digital payments
  • Industry collaboration will be critical for digital twins’ market growth

For more, see “Internet of Things (IoT) Predictions Outlook.”


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