DUBLIN--(BUSINESS WIRE)--The "Global Internet of Things Market - Segmented by Solution, Services, End User (Automobile, Manufacturing, Energy, Retail, Healthcare), and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global Internet of Things market is expected to register a CAGR of 21% during the forecast period of 2018-2023.
Internet of Things helps in connecting various smart devices to ease the operation and sharing of data amongst the peers. There are various smart devices, such as sensors, smartphones, and wearables, which collect data from the devices that can be utilized to enhance customer's experience. The increasing need for data analysis and integration of analytics is expected to propel the utilization of the Internet of Things market over the forecast period.
The adoption of cloud platform is on the rise owing to the ease of storage and sharing with diverse set of people. Furthermore, it offers high security from natural disasters and data loss, which is likely to boost the market over the next six years. The downtime in traditional storage can increase owing to hardware maintenance, whereas cloud offers comparatively less downtime, owing to which, it is highly preferred over its counterpart. This is expected to boost the utilization of cloud platform thereby propelling the market growth over the forecast period.
Managed services are becoming popular owing to companies' increasing focus on core competencies. Further, the third party companies also offer enhanced data management with regular maintenance, which is likely to boost the market growth over the forecast period.
Companies Mentioned
- Amazon Web Services Inc.
- AT&T Inc.
- Ayla Networks Inc.
- Bosch Software Innovations GmbH
- Cisco Systems Inc.
- Fujitsu Ltd
- General Electric
- Google Inc.
- Hewlett Packard Enterprise
- Hitachi LTD
- Huawei Technologies Co. LTD
- IBM
- Intel Corporation
- Microsoft Corporation
- Oracle Corporation
- Particle
- SAP SE
- Siemens AG
Key Topics Covered:
1. Introduction
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Technology
6. Market Segmentation
7. Competitive Intelligence - Company Profiles
8. Company Market Share
9. Future of the Market
For more information about this report visit https://www.researchandmarkets.com/research/dzp2ll/global_internet?w=4
