DUBLIN--(BUSINESS WIRE)--The "Internet of Things (IoT) Market 2020-2026" report has been added to ResearchAndMarkets.com's offering.
The global IoT Market is anticipated to grow at a CAGR of 21.3% during the forecast period.
The increasing development of wireless networking technologies, rise in cloud platform adoption, miniaturization, and the emergence of advanced data analytics are the factors that are driving the global IoT market. The other factors that are propelling the growth of the market including advancement in data analytics, computing economies, and demand from varied domains including manufacturing, automotive, energy, and others. IoT brings different physical objects to be linked by a common network. The IoT market is split into various major segments such as analytics, security, cloud, mobile technologies, and platforms. integration, automation, and cloud computing are major driving forces behind the IoT market. The issues such as Security and Privacy are restraining the market growth.
Further, the IoT technology also assists in connecting various devices to provide ease in the operation and sharing of data amongst themselves. The IoT market caters to every sector from retail, energy, healthcare, infrastructure, and so on. smart homes, wearable's, and smart cities are the most effective and high-growth applications in the IoT market. Apart from it, due to the recent outbreak of COVID-19, IoT investments and deployments are certainly slowing down. The major disruption in the global healthcare and supply chains, hospitals, insurers, governments, and logistics providers are reacting quickly for a more connected world that could support better address the current crisis and mitigate future ones.
The global IoT market is segmented based on infrastructure and end-user. Based on the infrastructure, the market is segmented into the platform, mobile networks and access technologies, cloud solutions/storage and processing, analytics, and security. Based on the end-user, the market is segmented into BFSI, manufacturing, transportation, retail, healthcare, energy & utilities, government & defense, residential, and others. The healthcare segment held the significant market share in 2019. IoT healthcare allows augmented asset monitoring and tracking. Several enterprise grade technologies including distributed computing and big data analytics, asset management beside M2M communication and cloud platforms possess capabilities to provide drastically efficient and cost-effective results by IoT applications.
Companies Mentioned
- 3rings Care Ltd.
- 8power Ltd.
- ABB Ltd.
- Accelya Holding World S.L.
- Accenture PLC
- Adaptive Wireless Solutions, LLC
- AdhereTech Inc.
- Adroit Technologies
- Advantech B+B Smartworx Inc.
- Aeris Communications, Inc.
- Aeron Systems Pvt. Ltd.
- Afero Inc.
- Alphabet Inc.
- Altiux Innovations Pvt. Ltd.
- AltizonInc.
- Ansys, Inc.
- Apple Inc.
- Aria Systems Inc.
- Aricent Inc.
- Asavie Technologies Ltd.
- AT&T, Inc.
- Atlas Systems Inc.
- Atos SE
- And Many More Companies!
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Internet of Things (IoT) market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying 'who-stands-where' in the market.
Key Topics Covered:
1. Report Summary
2. Market Overview and Insights
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global IoT Market by Infrastructure
5.1.1. Platform
5.1.2. Mobile Networks and Access Technologies
5.1.3. Cloud Solutions/Storage and Processing
5.1.4. Analytics
5.1.5. Security
5.2. Global IoT Market by End-User
5.2.1. BFSI
5.2.2. Manufacturing
5.2.3. Transportation
5.2.4. Healthcare
5.2.5. Retail
5.2.6. Energy& Utilities
5.2.7. Residential
5.2.8. Government & Defense
5.2.9. Others
6. Regional Analysis
7. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/l5jsnv
