IoT - COVID-19 Impact: Industrial IoT Connected Devices Scenario Analysis
Given the uncertain economic environment, we have augmented our market forecast with a scenario analysis that incorporates alternative economic and market specific assumptions and provides a range of potential outcomes for the market. This range of possible market scenarios supported by observable and defensible assumptions is designed to serve as a starting point for discussion and analysis of what is likely to lie ahead for 451 clients. It is critical that the data sources and assumptions used to underpin the planning and forecasting process are vetted and can capture the nuances of a fluctuating market. The following scenario analysis will be updated on a regular basis. As we incorporate more data into our analysis over the coming weeks and months, the range of possible scenarios will narrow until we arrive at a new market forecast that will be underpinned by our bottom-up methodology.
