According to Goldstein Research, the technological advancements in telecommunication and internet connectivity are the major growth driver for internet of things (IoT) industry. Moreover, the rising adoption of wearable electronics and affinity for full time connectivity is bolstering the demand for internet of things (IoT). Global internet of things market industry also includes product development, technological advancements and investment strategies adopted by major market players in order to expand their business across the globe. Moreover, With the recent wave of network enhancements (e.g., ongoing LTE deployments, small cell networks) and rising penetration of cellular connections across the globe is expected to accelerate the growth of IoT market.
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Market Segmentation
On the basis of our in-depth analysis, global internet of things market can be segmented as follows:
By Components
• Internet of Things (IoT) Devices
• Internet of Things (IoT) Platforms
• Sensors & Actuators
• Software
By Application
• Smart Homes (e.g. smart thermostats, connected lights, smart appliances, smart door locks)
• Wearables (e.g. smart watch, activity tracker, smart glass)
• Smart City (e.g. smart parking, smart waste management)
• Smart Grid (e.g. smart metering)
• Industrial automation (e.g. remote asset control, workforce monitoring)
• Connected car (e.g. remote car control)
• Connected Health (e.g. Tele-medicine)
• Smart Retail (e.g. smart mirrors)
• Smart Supply Chain (e.g. RFID Trackers)
• Smart Agriculture (e.g. smart watering systems)
By End-User
• Consumer Electronics Sector
• Transportation & Logistics Sector
• Energy Sector
• Manufacturing Sector
• Healthcare Sector
• Agriculture Sector
• Retail Sector
• Others (Education Sector)
Based on Geography
• North America (U.S. & Canada) Internet of things Market {Market Share (%), Market Size (USD Billion)}
• Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Internet of things Market {Market Share (%), Market Size (USD Billion)}
• Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & RoE) Internet of things Market {Market Share (%), Market Size (USD Billion)}
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Internet of things Market {Market Share (%), Market Size (USD Billion)}
• Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Internet of things Market {Market Share (%), Market Size (USD Billion)}
“Internet of Things Industry Analysis” contains detailed overview of the global internet of things market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by components, by applications and by end users.
Further, for the in-depth analysis, Internet of Things Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This industry analysis report also includes competitive outlook of some of the major players profiling of companies such as IBM, Google, Intel, Microsoft, Cisco, Ericson, Qualcomm, Facebook, Amazon etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global internet of things market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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