Connected IoT Devices Market: by Component (Solution, Service), Deployment (Private, Public), by Application (Smart Homes, Smart Manufacturing, Smart Utilities, Smart Retail, Connected Health, and Connected Logistics) – Forecast till 2027
ID: MRFR/SEM/3350-HCR | February 2021 | Region: Global | 100 Pages
TABLE OF CONTENTS
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining power of buyers
4.1.3 Threat of substitutes
4.1.4 Segment rivalry
4.2 Value Chain/Supply Chain of Global Connected IoT Devices Market
5 Industry Overview of Global Connected IoT Devices Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact analysis
5.4 Market Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact analysis
7. Global Connected IoT Devices Market by Component
7.1 Introduction
7.2 Solution
7.2.1 Market Estimates & Forecast, 2020-2027
7.2.2 Market Estimates & Forecast by Region, 2020-2027
7.3 Service
7.3.1 Market Estimates & Forecast, 2020-2027
7.3.2 Market Estimates & Forecast by Region, 2020-2027
8. Global Connected IoT Devices Market by Deployment
8.1 Introduction
8.2 Private Cloud
8.2.1 Market Estimates & Forecast, 2020-2027
8.2.2 Market Estimates & Forecast by Region, 2020-2027
8.3 Public Cloud
8.3.1 Market Estimates & Forecast, 2020-2027
8.3.2 Market Estimates & Forecast by Region, 2020-2027
8.3 Hybrid Cloud
8.3.1 Market Estimates & Forecast, 2020-2027
8.3.2 Market Estimates & Forecast by Region, 2020-2027
9. Global Connected IoT Devices Market by Application
9.1 Introduction
9.2 Smart Homes
9.2.1 Market Estimates & Forecast, 2020-2027
9.2.2 Market Estimates & Forecast by Region, 2020-2027
9.3 Smart Manufacturing
9.3.1 Market Estimates & Forecast, 2020-2027
9.3.2 Market Estimates & Forecast by Region, 2020-2027
9.3 Smart Utilities
9.3.1 Market Estimates & Forecast, 2020-2027
9.3.2 Market Estimates & Forecast by Region, 2020-2027
9.4 Smart Retail
9.2.1 Market Estimates & Forecast, 2020-2027
9.2.2 Market Estimates & Forecast by Region, 2020-2027
9.5 Connected Health
9.3.1 Market Estimates & Forecast, 2020-2027
9.3.2 Market Estimates & Forecast by Region, 2020-2027
9.6 Connected Logistics
9.3.1 Market Estimates & Forecast, 2020-2027
9.3.2 Market Estimates & Forecast by Region, 2020-2027
9.7 Others
9.3.1 Market Estimates & Forecast, 2020-2027
9.3.2 Market Estimates & Forecast by Region, 2020-2027
10. Global Connected IoT Devices Market by Region
10.1 Introduction
10.2 North America
10.2.1 Market Estimates & Forecast, 2020-2027
10.2.2 Market Estimates & Forecast by Type, 2020-2027
10.2.3 Market Estimates & Forecast by Deployment, 2020-2027
10.2.4 Market Estimates & Forecast by Application, 2020-2027
10.2.5 U.S.
10.2.5.1 Market Estimates & Forecast, 2020-2027
10.2.5.2 Market Estimates & Forecast by Type, 2020-2027
10.2.5.3 Market Estimates & Forecast by Deployment, 2020-2027
10.2.5.4 Market Estimates & Forecast by Application, 2020-2027
10.2.6 Mexico
10.2.6.1 Market Estimates & Forecast, 2020-2027
10.2.6.2 Market Estimates & Forecast by Type, 2020-2027
10.2.6.3 Market Estimates & Forecast by Deployment, 2020-2027
10.2.6.4 Market Estimates & Forecast by Application, 2020-2027
10.2.7 Canada
10.2.7.1 Market Estimates & Forecast, 2020-2027
10.2.7.2 Market Estimates & Forecast by Type, 2020-2027
10.2.7.3 Market Estimates & Forecast by Deployment, 2020-2027
10.2.7.4 Market Estimates & Forecast by Application, 2020-2027
10.3 Europe
10.3.1 Market Estimates & Forecast, 2020-2027
10.3.2 Market Estimates & Forecast by Type, 2020-2027
10.3.3 Market Estimates & Forecast by Deployment, 2020-2027
10.3.4 Market Estimates & Forecast by Application, 2020-2027
10.3.5 Germany
10.3.5.1 Market Estimates & Forecast, 2020-2027
10.3.5.2 Market Estimates & Forecast by Type, 2020-2027
10.3.5.3 Market Estimates & Forecast by Deployment, 2020-2027
10.3.5.4 Market Estimates & Forecast by Application, 2020-2027
10.3.6. France
10.3.6.1 Market Estimates & Forecast, 2020-2027
10.3.6.2 Market Estimates & Forecast by Type, 2020-2027
10.3.6.3 Market Estimates & Forecast by Deployment, 2020-2027
10.3.6.4 Market Estimates & Forecast by Application, 2020-2027
10.3.7 Italy
10.3.7.1 Market Estimates & Forecast, 2020-2027
10.3.7.2 Market Estimates & Forecast by Type, 2020-2027
10.3.7.3 Market Estimates & Forecast by Deployment, 2020-2027
10.3.7.4 Market Estimates & Forecast by Application, 2020-2027
10.3.8 Spain
10.3.8.1 Market Estimates & Forecast, 2020-2027
10.3.8.2 Market Estimates & Forecast by Type, 2020-2027
10.3.8.3 Market Estimates & Forecast by Deployment 2020-2027
10.3.8.4 Market Estimates & Forecast by Application, 2020-2027
10.3.9 UK
10.3.9.1 Market Estimates & Forecast, 2020-2027
10.3.9.2 Market Estimates & Forecast by Type, 2020-2027
10.3.9.3 Market Estimates & Forecast by Deployment, 2020-2027
10.3.9.4 Market Estimates & Forecast by Application, 2020-2027
10.4 Asia Pacific
10.4.1 Market Estimates & Forecast, 2020-2027
10.4.2 Market Estimates & Forecast by Type, 2020-2027
10.4.3 Market Estimates & Forecast by Deployment, 2020-2027
10.4.4 Market Estimates & Forecast by Application, 2020-2027
10.4.5 China
10.4.5.1 Market Estimates & Forecast, 2020-2027
10.4.5.2 Market Estimates & Forecast by Type, 2020-2027
10.4.5.3 Market Estimates & Forecast by Deployment, 2020-2027
10.4.5.4 Market Estimates & Forecast by Application, 2020-2027
10.4.6 India
10.4.6.1 Market Estimates & Forecast, 2020-2027
10.4.6.2 Market Estimates & Forecast by Type, 2020-2027
10.4.6.3 Market Estimates & Forecast by Deployment, 2020-2027
10.4.6.4 Market Estimates & Forecast by Application, 2020-2027
10.4.7 Japan
10.4.7.1 Market Estimates & Forecast, 2020-2027
10.4.7.2 Market Estimates & Forecast by Type, 2020-2027
10.4.5.3 Market Estimates & Forecast by Deployment, 2020-2027
10.4.5.4 Market Estimates & Forecast by Application, 2020-2027
10.4.8 Rest of Asia Pacific
10.4.8.1 Market Estimates & Forecast, 2020-2027
10.4.8.2 Market Estimates & Forecast by Type, 2020-2027
10.4.8.3 Market Estimates & Forecast by Deployment, 2020-2027
10.4.8.4 Market Estimates & Forecast by Application, 2020-2027
10.5 Rest of the World
10.5.1 Market Estimates & Forecast, 2020-2027
10.5.2 Market Estimates & Forecast by Type, 2020-2027
10.5.3 Market Estimates & Forecast by Deployment, 2020-2027
10.5.4 Market Estimates & Forecast by Application, 2020-2027
10.5.5 Middle East & Africa
10.5.5.1 Market Estimates & Forecast, 2020-2027
10.5.5.2 Market Estimates & Forecast by Type, 2020-2027
10.5.5.3 Market Estimates & Forecast by Deployment, 2020-2027
10.5.5.4 Market Estimates & Forecast by Application, 2020-2027
10.5.6 Latin America
10.5.6.1 Market Estimates & Forecast, 2020-2027
10.5.6.2 Market Estimates & Forecast by Type, 2020-2027
10.5.6.3 Market Estimates & Forecast by Deployment, 2020-2027
10.5.6.4 Market Estimates & Forecast by Application, 2020-2027
11. Company Landscape
12. Company Profiles
12.1 Advantech Co., Ltd.
12.1.1 Company Overview
12.1.2 Product/Business Segment Overview
12.1.3 Financial Updates
12.1.4 Key Developments
12.2 Aeris Communication, Inc.
12.2.1 Company Overview
12.2.2 Product/Business Segment Overview
12.2.3 Financial Updates
12.2.4 Key Developments
12.3 Amplia Soluciones
12.3.1 Company Overview
12.3.2 Product/Business Segment Overview
12.3.3 Financial Updates
12.3.4 Key Developments
12.4 Cumulocity GmbH
12.4.1 Company Overview
12.4.2 Product/Business Segment Overview
12.4.3 Financial Updates
12.4.4 Key Developments
12.5 International Business Machines Corporation
12.5.1 Company Overview
12.5.2 Product/Business Segment Overview
12.5.3 Financial Updates
12.5.4 Key Developments
12.6 Microsoft Corporation
12.6.1 Company Overview
12.6.2 Product/Business Segment Overview
12.6.3 Financial Updates
12.6.4 Key Developments
12.7 Oracle Corporation
12.7.1 Company Overview
12.7.2 Product/Business Segment Overview
12.7.3 Financial Updates
12.7.4 Key Developments
12.8 PTC Incorporation
12.8.1 Company Overview
12.8.2 Product/Business Segment Overview
12.8.3 Financial Updates
12.8.4 Key Developments
12.9 Smith Micro Software, Inc.
12.9.1 Company Overview
12.9.2 Product/Business Segment Overview
12.9.3 Financial Updates
12.9.4 Key Developments
12.10 Telit Communications PLC
12.10.1 Company Overview
12.10.2 Product/Business Segment Overview
12.10.3 Financial Updates
12.10.4 Key Developments
12.11 Wind River Systems
12.11.1 Company Overview
12.11.2 Product/Business Segment Overview
12.11.3 Financial Updates
12.11.4 Key Developments
12.12 Xively
12.12.1 Company Overview
12.12.2 Product/Business Segment Overview
12.12.3 Financial Updates
12.12.4 Key Developments
12.13 Samsung Electronics Co. Ltd.
12.13.1 Company Overview
12.13.2 Product/Business Segment Overview
12.13.3 Financial Updates
12.13.4 Key Developments
12.14 Motorola, Inc.
12.14.1 Company Overview
12.14.2 Product/Business Segment Overview
12.14.3 Financial Updates
12.14.4 Key Developments
12.15 Nokia Solutions Network
12.15.1 Company Overview
12.15.2 Product/Business Segment Overview
12.15.3 Financial Updates
12.15.4 Key Developments
12.16 LG Corporation
12.16.1 Company Overview
12.16.2 Product/Business Segment Overview
12.16.3 Financial Updates
12.16.4 Key Developments
12.17 Hewlett-Packard
12.17.1 Company Overview
12.17.2 Product/Business Segment Overview
12.17.3 Financial Updates
12.17.4 Key Developments
12.18 HTC Corporation
12.18.1 Company Overview
12.18.2 Product/Business Segment Overview
12.18.3 Financial Updates
12.18.4 Key Developments
12.19 Apple, Inc.
12.19.1 Company Overview
12.19.2 Product/Business Segment Overview
12.19.3 Financial Updates
12.19.4 Key Developments
12.20 Dell, Inc.
12.20.1 Company Overview
12.20.2 Product/Business Segment Overview
12.20.3 Financial Updates
12.20.4 Key Developments
13 Conclusion
LIST OF TABLES
Table 1 Global Connected IoT Devices Market: By Region, 2020-2027
Table 2 North America Connected IoT Devices Market: By Country, 2020-2027
Table 3 Europe Connected IoT Devices Market: By Country, 2020-2027
Table 4 Asia-Pacific Connected IoT Devices Market: By Country, 2020-2027
Table 5 Middle East & Africa Connected IoT Devices Market: By Country, 2020-2027
Table 6 Latin America Connected IoT Devices Market: By Country, 2020-2027
Table 7 Global Connected IoT Devices by Type Market: By Regions, 2020-2027
Table 8 North America Connected IoT Devices by Type Market: By Country, 2020-2027
Table 9 Europe Connected IoT Devices by Type Market: By Country, 2020-2027
Table10 Asia-Pacific Connected IoT Devices by Type Market: By Country, 2020-2027
Table11 Middle East & Africa Connected IoT Devices by Type Market: By Country, 2020-2027
Table12 Latin America Connected IoT Devices by Type Market: By Country, 2020-2027
Table13 Global Connected IoT Devices by Application Market: By Regions, 2020-2027
Table14 North America Connected IoT Devices by Application Market: By Country, 2020-2027
Table15 Europe Connected IoT Devices by Application Market: By Country, 2020-2027
Table16 Asia-Pacific Connected IoT Devices by Application Market: By Country, 2020-2027
Table17 Middle East & Africa Connected IoT Devices by Application Market: By Country, 2020-2027
Table18 Latin America Connected IoT Devices by Application Market: By Country, 2020-2027
Table19 North America Connected IoT Devices for Form Market: By Country, 2020-2027
Table20 Europe Connected IoT Devices for Form Market: By Country, 2020-2027
Table21 Asia-Pacific Connected IoT Devices for Form Market: By Country, 2020-2027
Table22 Middle East & Africa Connected IoT Devices for Form Market: By Country, 2020-2027
Table23 Latin America Connected IoT Devices for Form Market: By Country, 2020-2027
Table24 Global Type Market: By Region, 2020-2027
Table25 Global Form Market: By Region, 2020-2027
Table26 Global Form Market: By Region, 2020-2027
Table27 North America Connected IoT Devices Market, By Country
Table28 North America Connected IoT Devices Market, By Type
Table29 North America Connected IoT Devices Market, By Deployment
Table30 North America Connected IoT Devices Market, By Application
Table31 Europe: Connected IoT Devices Market, By Country
Table32 Europe: Connected IoT Devices Market, By Type
Table33 Europe: Connected IoT Devices Market, By Deployment
Table 34 Europe: Connected IoT Devices Market, By Application
Table35 Asia-Pacific: Connected IoT Devices Market, By Country
Table36 Asia-Pacific: Connected IoT Devices Market, By Type
Table37 Asia-Pacific: Connected IoT Devices Market, By Deployment
Table 38 Asia-Pacific: Connected IoT Devices Market, By Application
Table39 Middle East & Africa: Connected IoT Devices Market, By Country
Table40 Middle East & Africa Connected IoT Devices Market, By Type
Table41 Middle East & Africa Connected IoT Devices Market, By Deployment
Table42 Middle East & Africa: Connected IoT Devices Market, By Application
Table43 Latin America: Connected IoT Devices Market, By Country
Table44 Latin America Connected IoT Devices Market, By Type
Table45 Latin America Connected IoT Devices Market, By Deployment
Table46 Latin America: Connected IoT Devices Market, By Application
LIST OF FIGURES
FIGURE 1 Global Connected IoT Devices market segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis of Global Connected IoT Devices Market
FIGURE 4 Value Chain of Global Connected IoT Devices Market
FIGURE 5 Share of Global Connected IoT Devices Market in 2020, by country (in %)
FIGURE 6 Global Connected IoT Devices Market, 2020-2027,
FIGURE 7 Sub segments of Type
FIGURE 10 Global Connected IoT Devices Market size by Type, 2020
FIGURE 10 Share of Global Connected IoT Devices Market by Type, 2020 TO 2027
FIGURE 10 Global Connected IoT Devices Market size by Deployment, 2020
FIGURE 11 Share of Global Connected IoT Devices Market by Deployment, 2020 TO 2027
FIGURE 12 Global Connected IoT Devices Market size by Application, 2020 TO 2027
FIGURE 13 Share of Global Connected IoT Devices Market by Application, 2020 TO 2027
Connected IoT Devices Market
The Connected IoT Devices Market Size will grow by 19% during 2026.
$2027: Significant Value
Market Size
19%
CAGR
North America
Dominating Region
2020-2027
Forecast Period
Segmentation
Key Players
- 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.)
Drivers
- Increasing demand for mobile applications and growing popularity of connected things
Connected IoT Devices Market Overview
Today, the internet of things performs a crucial part in the global infrastructure. It offers advanced connections in the communication technologies. The IoT things generally refer to the network of devices, home appliances, sensors, electronics, actuators and more. The consumer electronics sector has a massive demand for IoT. It is launched for electronics to transform data into devices. Some of the biggest software companies such as IBM, Microsoft and Oracle are the key players in the 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.
Covid 19 analysis
The outbreak of covid 19 has caused several challenges in the global industries. However, the growth rate of the IoT connected devices Market remains steady over this period. The IoT technology is used widely in the healthcare sector during the pandemic. The use of connected thermometers is massive in hospitals. Most of the healthcare centres in the Asia Pacific have adopted IoT connected thermometers. It enables to check of the temperature of both the staff and the patients.
Moreover, the utilization of medical drones, telemedicine and other connected devices is creating a positive impact on the IoT devices market. Furthermore, the use of sanitizer dispenser all over the globe is another factor that drives more demand for the IoT devices market. In several regions robots are used in the building entrance for sanitation purpose. As per the Connected IoT Devices Market Report, these factors create more growth opportunities.
Connected IoT Devices Market dynamics
- Crucial market drivers
The growing popularity of connected technologies and devices are the crucial market drivers. The connected things uplift the lifestyle and enable to completion of the task with ease. The convenience of using connected devices is high. Moreover, the prevalence of mobile phones and the internet is benefiting the connected IoT devices market more. It is a crucial driver for the market that will increase the overall profitability in the forecast period.
Increasing adoption of the ' bring your device and carry your devices' concept is another crucial driver for this market. The wider penetration of smartphones is causing more demand in the connected IoT devices market. Moreover, with the IoT the data analysis and storage is effective. Also, the data transmission and decision-making process in many fields is exceptional with this technology. The use of IoT for better network management is another crucial market driving factor. All these divers will intensify and increase Connected IoT Devices Market Demand.
- Market growth opportunities
The implementation of smart cities will happen on a wider scale during the forecast period. Also, smart cities are all about modern technologies and appliances. Most of the devices used in smart homes are IoT connected devices. The growth of smart cities will offer plenty of growth to the connected IoT devices industry. The connected IoT devices are widely used in smart homes as they suit the infrastructure well. Moreover, these devices can be controlled with the internet and remote control. It offers the user convenience and a high range of comfort. Moreover, with the connected IoT devices the energy consumption is higher. The popularity of the smart cities concept will offer plenty of Connected IoT Devices Market Growth opportunities in the forecast period.
- The market restraints
The applications of the connected IoT devices are wide. They can control, manage, collect data and evaluate data. Also, they can even control wearable devices through cloud computing technology. Machine learning and artificial intelligence are involved in the connected IoT devices. The devices can communicate and share data with other machines.
The data security and integrity concerns are growing due to these advanced features of the connected IoT devices. Also, data security concern and privacy concerns are the crucial drivers of this market. Connected devices, mobile devices and smart devices have high-security threats. It is a significant factor that can restrict the overall market growth in the forecast period.
- The market challenges
The connected devices collect sensitive and personal information of the user. Biometric data of the user is also collected by the connected IoT devices. Also, the dependency on the connected IoT devices can cause data exploitation and breach. The breach of data can cause plenty of complexities for the user. The increasing data breach concerns are the crucial challenges of the market. Also, the ecosystem of IoT devices is not fully developed in some regions. It can cause difficulties in the deployment of the data security software in connected IoT devices platform. This significant market challenge can have a declining effect on the market.
- Cumulative growth analysis
The overall market growth of the Global Connected IoT Devices Market is stable. The crucial drivers of the market provide continuous demand. Also, the higher adoption rate of the technology benefits the market by fuelling demand and revenue. Due to these crucial drivers, the market will witness the highest demand in the forecast period. Few factors restrict the market growth. The data breach concerns are the major challenges. However, the growth of smart cities offers splendid growth opportunities for the connected IoT devices market.
- Value chain analysis
The Asia Pacific holds the maximum Connected IoT Devices Market Share. The rate of cloud spending is massive in this region. As per Connected IoT Devices Market Forecast, there will be immense growth in the upcoming years. The Asia pacific key players are taking plenty of steps to enhance the market. Further, new products of connected IoT devices are launched in this region. The connected devices investment is high in the region. Furthermore, the implementation of the smart-building will provide more scope for the product in Asia pacific.
Global Connected IoT Devices Market
Connected IoT Devices Market Segment overview
- By component
There two-component in the connected IoT devices market. The services and solutions are two crucial components in the market. Remote monitoring, security, data, network band and data management are the crucial segments in this market. Also, the management segment of the market receives higher demand.
- By end-user
There are plenty of end-users for the connected IoT devices market. The government, agriculture, healthcare, retail, manufacturing and transportation are the crucial end-users in the market. Also, the manufacturing industry of the IoT market receives massive demand. Also, it is a segment that will enable high revenue for the market. The government segment receives IoT devices demand for security purpose, safety and better public services.
Connected IoT Devices Market Regional analysis
The connected IoT devices market is fragmented into the Asia Pacific, North America, Europe and the Middle East. Asia pacific will outgrow other connected IoT devices market. The governmental initiatives to build smart cities are high in the Asia Pacific region. It is a crucial demand driving factor in the region. In the upcoming years, the adoption rate of IoT devices will increase massively in this region. The Asia Pacific market is making plenty of developments. The Asia Pacific region is increasing its portfolio during the forecast period.
North America is another exception regional player in the connected IoT devices market. In recent times, the adoption of IoT is spectacular in this region. The industrial and automotive sectors are the two areas that require more IoT devices. Also, the high investment in a cloud platform is positively affecting the connected IoT devices market. Technological advancements are increasing the need for IoT in Europe. Europe will be the fastest-growing market during the forecast period.
Connected IoT Devices Market Competitive landscape
The competition in the connected IoT devices market is high. The new product launch, platform enhancement and research and development are crucial strategies that will be implemented in connected IoT devices.
The key players of the connected IOS device market are
- Dell Inc
- Advantech Co
- Apple Inc
- Aeris Communication
- HTC Corporation
- Amplia Soluciones
- Hewlett-Packard
- Amplia Soluciones
- Nokia Solutions Network
- IBM Corporation
- Motorola Inc
- Oracle Corporation
- Telit Communications PLC
- Wind River Systems
- Samsung Electronics Co
- Motorola Inc
Recent developments
- The key players of the market are collecting the information for connected devices for many industries. The food, manufacturing and energy utilities are areas where the data is collected and analyzed through IoT devices.
- The IoT devices provide visibility to the customers and manage security. Plenty of other key players are offering their platform for IoT connections and to establish security.
Report overview
- Market overview highlights
- Analysis based upon COVID 19
- Explanation upon the Market Dynamics
- Value chain analysis
- Market segmentation overview
- The regional analysis
- Competitive landscape analysis
- Recent Developments
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | 2027: Significant Value |
| CAGR | 19% (2020-2027) |
| Base Year | 2019 |
| Forecast Period | 2020-2027 |
| Historical Data | 2018 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Component, Deployment, Application |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | 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.) |
| Key Market Opportunities | increasing adoption of bring your own device and carry your own device |
| Key Market Drivers | Increasing demand for mobile applications and growing popularity of connected things |
Frequently Asked Questions (FAQ) :
The connected IoT devices market is predicted to grow at a 19% CAGR between 2017- 2023.
The connected IoT devices market is predicted to reach USD 30 billion by 2023.
North America will lead the connected IoT devices market.
Multiple benefits of IoT and growing awareness about energy efficiency are driving the connected IoT devices market growth.
Notable players profiled in the connected IoT devices market include Advantech Co., Ltd. (Taiwan), Aeris Communication, Inc. (U.S.), Amplia Soluciones (Spain), Cumulocity GmbH (Germany), International Business Machines 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.
