Global Connected IoT Devices Market - Overview
According to Market Research Future (MRFR), the global Connected IoT Devices Market is projected to grow at a CAGR of approximately 19% from 2017 to 2023 (forecast period). The report provides an extensive and in-depth review of the impact of the COVID-19 pandemic on the global connected IoT devices market.
The IoT for electronics is a widely known concept. The IoT for electronics enables more analyzing, designing, enhancing, and product development procedures. Further, the development in communication technologies is the crucial reasons for exceptional IoT devices market growth. The prevalence of these technologies will continue to fuel the market demand. The Connected IoT Devices Market Forecast is suggesting that the growth rate will be immense. The Connected IoT Devices Market Size will grow by 19% during 2026. The demand for the IoT device market will continue to increase due to end to end solutions by key players of the market.
Key Players
Notable players in the global connected IoT devices market are Advantech Co., Ltd. (Taiwan), Aeris Communication, Inc. (U.S.), Amplia Soluciones (Spain), Cumulocity GmbH (Germany), IBM Corporation (U.S.), Microsoft Corporation (U.S.), Oracle Corporation (U.S.), PTC Incorporation (U.S.), Smith Micro Software, Inc. (U.S.), Telit Communications PLC (Italy), Wind River Systems (U.S.), Xively (U.S.), Samsung Electronics Co. Ltd. (South Korea), Motorola Inc. (U.S.), Nokia Solutions Network (Finland), LG Corporation (South Korea), Hewlett-Packard (U.S.), HTC Corporation (Taiwan), Apple Inc. (U.S.), Dell Inc. (U.S.) and others.
Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/4776
Market Segmentation
The global connected IoT devices market has been segmented based on the component, deployment, and application.
By component, the global connected IoT devices market has been segmented into solutions and services. The solution segment is further divided into data management, remote monitoring, real-time streaming analytics, security solutions, and network bandwidth management. However, the security solutions are projected to grow at the highest rate over the forecast period due to the increasing security concerns amongst the clients deploying IoT solutions for connected devices. Non-standardization and non-compatibility in devices are other factors responsible for propelling the growth of security solutions, thereby also fueling the development of the global connected IoT devices market. The service segment is further divided into professional services and managed services. The professional services segment is further segregated into consulting services, integration services, and support and maintenance.
By deployment, the global connected IoT devices market has been segmented into a private cloud, public cloud, and hybrid cloud.
By application, the global connected IoT devices market has been segmented into smart homes, connected logistics, smart manufacturing, smart utilities, connected health, smart retail, and others.
Regional Analysis
The global market for connected IoT devices market is studied in the Asia Pacific, North America, Europe, and Rest of the World.
The North American region has the largest market share globally, followed by Europe and the Asia Pacific. The U.S. and Canada dominate the North American market due to growing technological advances and the proliferation of intelligent connected devices in the region. In addition, the region has a well-established infrastructure that allows for faster implementation of advanced technologies. In addition, the increasing adoption of device and vendor agnostic platform is another significant factor boosting the development of the connected IoT devices market in the region.
Get Complete Report Details at: https://www.marketresearchfuture.com/reports/connected-iot-devices-market-4776
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
No comments:
Post a Comment