Internet of Things Market valued approximately USD 171 billion in 2017 is anticipated to grow with a healthy growth rate of more than 23.4% over the forecast period 2017-2025. The global Internet of Things (IoT) market is driven by growth of Wireless Networking technologies, rising adoption of cloud platform, and increasing demand for connected devices. Moreover, other factors such as increasing internet and smart phone penetration across the world, increasing demand for smart electronics are fueling growth in the market.
The regional paradigm of global Internet of Things Market is dominated by North America which is currently holding 32% of the total revenue share in 2016. Early adoption of technology in various industry verticals is the primary reason for growth. With these developments, the Internet of Things market in North America has gained a significant share. Furthermore, Asia Pacific region is anticipated to grow with a highest CAGR over the forecast period. Increasing demand for automation by the manufacturing industry and government initiative to develop smart infrastructure are the primary growth drivers in the APAC region.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Platform
> Device Management
> Application Management
> Network Management
By Software Solution:
> Real-Time Streaming Analysis
> Security
> Data Management
> Remote Monitoring
> Network Bandwidth Management
By Application Area
> Building and Home Automation
> Smart Energy and Utilities
> Smart Manufacturing
> Connected Logistics
> Smart Retail
> Connected Health
> Smart Mobility and Transportation
> Others
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By Regions:
> North America
o U.S.
o Canada
> Europe
o UK
o Germany
> Asia Pacific
o China
o India
o Japan
> Latin America
o Brazil
o Mexico
> Rest of the World
Questions & Answers Market Research/Analysis Report Contains to your following:
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- What are the major challenges or constraints faced by market participants?
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- Who are the major competitors in the market and what is their market share?
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- What are the regional or geographic trends and variations within the market?
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- What are the technological advancements or innovations shaping the market?
- What are the pricing trends and strategies observed in the market?
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