Table of Content


"1    INTRODUCTION    42
1.1    INTRODUCTION TO COVID-19    42
1.2    COVID-19 HEALTH ASSESSMENT    42
FIGURE 1    COVID-19: GLOBAL PROPAGATION    42
FIGURE 2    COVID-19 PROPAGATION: SELECT COUNTRIES    43
1.3    COVID-19 ECONOMIC ASSESSMENT    44
FIGURE 3    REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020    44
1.3.1    COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT    45
FIGURE 4    CRITERIA IMPACTING GLOBAL ECONOMY    45
FIGURE 5    SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY    46
1.4    OBJECTIVES OF THE STUDY    47
1.5    MARKET DEFINITION    47
1.5.1    INCLUSIONS AND EXCLUSIONS    48
1.6    MARKET SCOPE    48
1.6.1    MARKET SEGMENTATION    49
1.6.2    REGIONS COVERED    49
1.6.3    YEARS CONSIDERED FOR THE STUDY    50
1.7    CURRENCY CONSIDERED    50
TABLE 1    USD EXCHANGE RATE, 2018–2020    51
1.8    STAKEHOLDERS    51
1.9    SUMMARY OF CHANGES    51
2    RESEARCH METHODOLOGY    52
2.1    RESEARCH DATA    52
FIGURE 6    GLOBAL IOT MARKET: RESEARCH DESIGN    52
2.1.1    SECONDARY DATA    53
2.1.2    PRIMARY DATA    53
2.1.2.1    Breakdown of primary profiles    53
FIGURE 7    BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY, DESIGNATION,  AND REGION    53
TABLE 2    PRIMARY INTERVIEWS    54
2.1.2.2    Key industry insights    54
2.2    DATA TRIANGULATION    55
2.3    MARKET SIZE ESTIMATION    56
FIGURE 8    MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY-SIDE): REVENUE OF PRODUCTS/SERVICES OF THE IOT MARKET    56
FIGURE 9    MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH (SUPPLY-SIDE): COLLECTIVE REVENUE OF ALL SOLUTIONS/SERVICES OF IOT    56
2.4    MARKET FORECAST    57
TABLE 3    FACTOR ANALYSIS    57
2.5    ASSUMPTIONS FOR THE STUDY    57
TABLE 4    ASSUMPTIONS FOR THE STUDY    57
2.6    LIMITATIONS OF THE STUDY    58
3    EXECUTIVE SUMMARY    59
FIGURE 10    IOT MARKET, 2015–2026 (USD BILLION)    60
FIGURE 11    IOT MARKET: REGIONAL SNAPSHOT    61
4    PREMIUM INSIGHTS    62
4.1    ATTRACTIVE OPPORTUNITIES IN THE GLOBAL IOT MARKET    62
FIGURE 12    SMART CITY ADOPTION IS DRIVING THE IOT MARKET    62
4.2    IOT MARKET SHARE, BY COMPONENT    62
FIGURE 13    SOFTWARE SOLUTIONS SEGMENT EXPECTED TO ACCOUNT FOR THE LARGEST MARKET SHARE IN 2021    62
4.3    IOT MARKET SHARE, BY ORGANIZATION SIZE    63
FIGURE 14    LARGE ENTERPRISES SEGMENT EXPECTED TO LEAD THE IOT MARKET IN 2021    63
4.4    IOT MARKET SHARE, BY FOCUS AREA    63
FIGURE 15    SMART MANUFACTURING SEGMENT EXPECTED TO LEAD THE IOT MARKET DURING THE FORECAST PERIOD    63
5    MARKET OVERVIEW AND INDUSTRY TRENDS    64
5.1    MARKET OVERVIEW    64
5.2    MARKET DYNAMICS    64
FIGURE 16    DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: IOT MARKET    64
5.2.1    DRIVERS    65
5.2.1.1    Access to low-cost, low-power sensor technology    65
5.2.1.2    Availability of high-speed connectivity    65
5.2.1.3    Increase in cloud adoption    65
5.2.1.4    Increasing use of data processing and analytics    66
5.2.2    RESTRAINTS    66
5.2.2.1    Data security and privacy    66
5.2.2.2    Lack of advancements in communication technology and poor operational efficiency in developing economies    67
5.2.3    OPPORTUNITIES    67
5.2.3.1    Increase in smart city initiatives worldwide    67
5.2.3.2    Increase in connected devices to drive the growth of IoT    67
5.2.3.3    Emerging 5G technology to help IoT adoption, globally    68
5.2.4    CHALLENGES    68
5.2.4.1    Lack of knowledge among the people about IoT and smart cities    68
5.2.4.2    Disruption in logistics and supply chain    68
5.2.5    COVID-19 IMPACT ON MARKET DYNAMICS    69
5.3    IMPACT OF COVID-19 ON MARKET DYNAMICS    69
5.3.1    DRIVERS AND OPPORTUNITIES    69
5.3.2    RESTRAINTS AND CHALLENGES    70
5.3.3    CUMULATIVE GROWTH ANALYSIS    70
5.4    REGULATORY IMPACT    71
5.5    USE CASES    72
5.5.1    USE CASE 1: CISCO    72
5.5.2    USE CASE 2: AWS    72
5.5.3    USE CASE 3: HUAWEI    72
5.5.4    USE CASE 4: ORACLE    73
5.5.5    USE CASE 5: SIEMENS    73
5.6    VALUE CHAIN ANALYSIS    74
FIGURE 17    IOT MARKET: VALUE CHAIN ANALYSIS    74
5.7    ECOSYSTEM    74
TABLE 5    IOT MARKET: ECOSYSTEM    74
5.8    PATENT ANALYSIS    75
FIGURE 18    PATENT ANALYSIS: 2010-2021    75
FIGURE 19    TOP APPLICANTS FOR IOT-RELATED MARKET PATENTS    76
5.9    PRICING ANALYSIS    76
TABLE 6    IOT MARKET: PRICING MODEL    76
5.10    TECHNOLOGY ANALYSIS    77
5.10.1    ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING    77
5.10.2    BIG DATA ANALYTICS    77
5.10.3    5G NETWORK    77
5.11    TRENDS AND DISRUPTIONS IMPACTING BUYERS    78
FIGURE 20    TRENDS IMPACTING CUSTOMERS: IOT MARKET    78
5.12    PORTER’S FIVE FORCES ANALYSIS    78
TABLE 7    IOT MARKET: PORTER’S FIVE FORCES MODEL    78
5.12.1    THREAT OF NEW ENTRANTS    79
5.12.2    THREAT OF SUBSTITUTES    79
5.12.3    BARGAINING POWER OF BUYERS    79
5.12.4    BARGAINING POWER OF SUPPLIERS    79
5.12.5    INTENSITY OF COMPETITIVE RIVALRY    79
6    IOT MARKET, BY COMPONENT    80
6.1    INTRODUCTION    81
6.1.1    COMPONENT: IOT MARKET DRIVERS    81
6.1.2    COMPONENT: IOT COVID-19 IMPACT    81
FIGURE 21    IOT SERVICES TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD    82
TABLE 8    IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)    82
TABLE 9    IOT MARKET, BY COMPONENT, 2021–2026 (USD BILLION)    82
6.2    HARDWARE    83
6.2.1    HARDWARE: IOT MARKET DRIVERS    83
TABLE 10    IOT HARDWARE MARKET, BY REGION, 2015–2020 (USD BILLION)    83
TABLE 11    IOT HARDWARE MARKET, BY REGION, 2021–2026 (USD BILLION)    83
TABLE 12    IOT SOFTWARE SOLUTIONS MARKET, BY REGION, 2015–2020 (USD BILLION)    84
TABLE 13    IOT SOFTWARE SOLUTIONS MARKET, BY REGION, 2021–2026 (USD BILLION)    84
6.3    SOFTWARE SOLUTIONS    84
FIGURE 22    SMART SURVEILLANCE SEGMENT IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD    84
6.3.1    SOFTWARE SOLUTIONS: IOT MARKET DRIVERS    85
TABLE 14    IOT SOFTWARE SOLUTIONS MARKET, BY COMPONENT,
 2015–2020 (USD BILLION)    85
TABLE 15    IOT SOFTWARE SOLUTIONS MARKET, BY COMPONENT,
2021–2026 (USD BILLION)    85
6.3.2    SMART SURVEILLANCE    85
6.3.2.1    Smart surveillance: IoT market drivers    86
TABLE 16    IOT SMART SURVEILLANCE MARKET, BY REGION, 2015–2020 (USD BILLION)    86
TABLE 17    IOT SMART SURVEILLANCE MARKET, BY REGION, 2021–2026 (USD BILLION)    86
6.3.3    DATA MANAGEMENT    86
6.3.3.1    Data management: IoT market drivers    86
TABLE 18    IOT DATA MANAGEMENT SOLUTIONS MARKET, BY REGION,
2015–2020 (USD BILLION)    87
TABLE 19    IOT DATA MANAGEMENT SOLUTIONS MARKET, BY REGION,
2021–2026 (USD BILLION)    87
6.3.4    DEVICE MANAGEMENT    87
6.3.4.1    Device management: IoT Market drivers    87
TABLE 20    IOT DEVICE MANAGEMENT MARKET, BY REGION, 2015–2020 (USD BILLION)    88
TABLE 21    IOT DEVICE MANAGEMENT MARKET, BY REGION, 2021–2026 (USD BILLION)    88
6.3.5    APPLICATION MANAGEMENT    88
6.3.5.1    Application management: IoT market drivers    88
TABLE 22    IOT APPLICATION MANAGEMENT MARKET, BY REGION,
2015–2020 (USD BILLION)    89
TABLE 23    IOT APPLICATION MANAGEMENT MARKET, BY REGION,
2021–2026 (USD BILLION)    89
6.3.6    NETWORK MANAGEMENT    89
6.3.6.1    Network management: IoT market drivers    90
TABLE 24    IOT NETWORK MANAGEMENT MARKET, BY REGION,
2015–2020 (USD BILLION)    90
TABLE 25    IOT NETWORK MANAGEMENT MARKET, BY REGION,
2021–2026 (USD BILLION)    90
TABLE 26    IOT SERVICES MARKET, BY REGION, 2015–2020 (USD BILLION)    90
TABLE 27    IOT SERVICES MARKET, BY REGION, 2021–2026 (USD BILLION)    91
6.4    SERVICES    91
FIGURE 23    MANAGED SERVICES SEGMENT EXPECTED TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD    91
6.4.1    SERVICES: IOT MARKET DRIVERS    91
TABLE 28    IOT SERVICES MARKET, BY COMPONENT, 2015–2020 (USD BILLION)    92
TABLE 29    IOT SERVICES MARKET, BY COMPONENT, 2021–2026 (USD BILLION)    92
6.4.2    PROFESSIONAL SERVICES    92
6.4.2.1    Professional services: IOT market drivers    92
TABLE 30    IOT PROFESSIONAL SERVICES MARKET, BY REGION,
2015–2020 (USD BILLION)    92
TABLE 31    IOT PROFESSIONAL SERVICES MARKET, BY REGION,
2021–2026 (USD BILLION)    93
TABLE 32    IOT PROFESSIONAL SERVICES MARKET, BY COMPONENT,
2015–2020 (USD BILLION)    93
TABLE 33    IOT PROFESSIONAL SERVICES MARKET, BY COMPONENT,
2021–2026 (USD BILLION)    93
6.4.2.2    Consulting    93
6.4.2.3    Consulting: IoT market drivers    94
TABLE 34    IOT CONSULTING MARKET, BY REGION, 2015–2020 (USD BILLION)    94
TABLE 35    IOT CONSULTING MARKET, BY REGION, 2021–2026 (USD BILLION)    94
6.4.2.4    Implementation    94
6.4.2.5    Implementation: IoT market drivers    95
TABLE 36    IOT IMPLEMENTATION MARKET, BY REGION, 2015–2020 (USD BILLION)    95
TABLE 37    IOT IMPLEMENTATION MARKET, BY REGION, 2021–2026 (USD BILLION)    95
6.4.2.6    Support and maintenance    95
6.4.2.7    Support and maintenance: IoT market drivers    96
TABLE 38    IOT SUPPORT AND MAINTENANCE MARKET, BY REGION,
2015–2020 (USD BILLION)    96
TABLE 39    IOT SUPPORT & MAINTENANCE MARKET, BY REGION,
2021–2026 (USD BILLION)    96
6.4.3    MANAGED SERVICES    96
6.4.3.1    Managed services: IoT market drivers    97
TABLE 40    IOT MANAGED SERVICES MARKET, BY REGION, 2015–2020 (USD BILLION)    97
TABLE 41    IOT MANAGED SERVICES MARKET, BY REGION, 2021–2026 (USD BILLION)    97
7    IOT MARKET, BY ORGANIZATION SIZE    98
7.1    INTRODUCTION    99
7.1.1    IOT MARKET BY ORGANIZATION SIZE: IOT MARKET DRIVERS    99
7.1.2    IOT MARKET BY ORGANIZATION SIZE: COVID-19 IMPACT    99
FIGURE 24    LARGE ENTERPRISES SEGMENT EXPECTED TO ACHIEVE A HIGHER CAGR DURING THE FORECAST PERIOD    99
TABLE 42    IOT MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)    99
TABLE 43    IOT MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)    100
7.2    SMALL AND MEDIUM-SIZED ENTERPRISES    100
7.2.1    IOT MARKET FOR SMALL AND MEDIUM-SIZED ENTERPRISES: IOT MARKET DRIVERS    100
TABLE 44    SMALL AND MEDIUM-SIZED ENTERPRISES: IOT MARKET, BY REGION,  
2015–2020 (USD BILLION)    100
TABLE 45    SMALL AND MEDIUM-SIZED ENTERPRISES: IOT MARKET, BY REGION,  
2021–2026 (USD BILLION)    100
7.3    LARGE ENTERPRISES    101
7.3.1    IOT MARKET FOR LARGE ORGANIZATIONS: IOT MARKET DRIVERS    101
TABLE 46    LARGE ENTERPRISES: IOT MARKET, BY REGION, 2015–2020 (USD BILLION)    101
TABLE 47    LARGE ENTERPRISES: IOT MARKET, BY REGION, 2021–2026 (USD BILLION)    101
8    IOT MARKET, BY FOCUS AREA    102
8.1    INTRODUCTION    103
8.1.1    IOT FOCUS AREA: IOT MARKET DRIVERS    103
8.1.2    IOT FOCUS AREA: COVID-19 IMPACT    103
FIGURE 25    SMART RETAIL SEGMENT EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD    103
TABLE 48    IOT MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)    104
TABLE 49    IOT MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)    104
8.2    SMART MANUFACTURING    104
8.2.1    IOT FOR SMART MANUFACTURING: IOT MARKET DRIVERS    105
TABLE 50    IOT SMART MANUFACTURING MARKET, BY REGION,
2015–2020 (USD BILLION)    105
TABLE 51    IOT SMART MANUFACTURING MARKET, BY REGION,
2021–2026 (USD BILLION)    105
8.2.2    ASSET TRACKING AND REMOTE MANAGEMENT    106
8.2.2.1    Asset monitoring and management: IoT Market drivers    106
8.2.3    PRODUCTION OPTIMIZATION    106
8.2.3.1    Production optimization: IoT Market drivers    106
8.2.4    WORKFORCE MANAGEMENT    106
8.2.4.1    Workforce management: IoT Market drivers    106
8.3    SMART TRANSPORTATION/MOBILITY    107
8.3.1    SMART TRANSPORTATION/MOBILITY: IOT MARKET DRIVERS    107
TABLE 52    IOT SMART TRANSPORTATION/MOBILITY MARKET, BY REGION,  
2015–2020 (USD BILLION)    107
TABLE 53    IOT SMART TRANSPORTATION/MOBILITY MARKET, BY REGION,  
2021–2026 (USD BILLION)    107
8.3.2    TRAFFIC MANAGEMENT    108
8.3.2.1    Traffic management: IoT Market drivers    108
8.3.3    CARGO MONITORING    108
8.3.3.1    Cargo monitoring: IoT Market drivers    108
8.3.4    FLEET MANAGEMENT    108
8.3.4.1    Fleet management: Marker drivers    108
8.3.5    TICKETING AND TOLL COLLECTION    108
8.3.5.1    Ticketing and toll collection: IoT Market drivers    109
8.4    SMART ENERGY & UTILITIES    109
8.4.1    SMART ENERGY & UTILITIES: IOT MARKET DRIVERS    109
TABLE 54    IOT SMART ENERGY & UTILITIES MARKET, BY REGION,
2015–2020 (USD BILLION)    109
TABLE 55    IOT SMART ENERGY & UTILITIES MARKET, BY REGION,
2021–2026 (USD BILLION)    109
8.4.2    ENERGY EFFICIENCY    110
8.4.2.1    Energy efficiency: IoT Market drivers    110
8.4.3    ENERGY CONSUMPTION    110
8.4.3.1    Energy consumption: IoT Market drivers    110
8.4.4    ENERGY TRANSMISSION AND DISTRIBUTION    110
8.4.4.1    Energy transmission and distribution: IoT Market drivers    110
8.5    SMART RETAIL    111
8.5.1    SMART RETAIL: IOT MARKET DRIVERS    111
TABLE 56    IOT SMART RETAIL MARKET, BY REGION, 2015–2020 (USD BILLION)    111
TABLE 57    IOT SMART RETAIL MARKET, BY REGION, 2021–2026 (USD BILLION)    111
8.5.2    GEOMARKETING AND ADVERTISING    112
8.5.2.1    Geomarketing and advertising: IoT Market drivers    112
8.5.3    SMART PAYMENT AND CUSTOMER EXPERIENCE    112
8.5.3.1    Smart payment and customer experience: IoT Market drivers    112
8.6    CONNECTED HEALTHCARE    112
8.6.1    CONNECTED HEALTHCARE: IOT MARKET DRIVERS    113
TABLE 58    IOT CONNECTED HEALTHCARE MARKET, BY REGION,
2015–2020 (USD BILLION)    113
TABLE 59    IOT CONNECTED HEALTHCARE MARKET, BY REGION,
2021–2026 (USD BILLION)    113
8.6.2    TELEMEDICINE    113
8.6.2.1    Telemedicine: IoT Market drivers    114
8.6.3    CLINICAL OPERATIONS MANAGEMENT    114
8.6.3.1    Clinical operations management: IoT Market drivers    114
8.6.4    IMAGING AND DIAGNOSTICS    114
8.6.4.1    Imaging and diagnostics: IoT Market drivers    114
8.7    SMART AGRICULTURE    114
8.7.1    SMART AGRICULTURE: IOT MARKET DRIVERS    114
TABLE 60    IOT SMART AGRICULTURE MARKET, BY REGION, 2015–2020 (USD BILLION)    115
TABLE 61    IOT SMART AGRICULTURE MARKET, BY REGION, 2021–2026 (USD BILLION)    115
8.7.2    FIELD AND CROP MONITORING    115
8.7.2.1    Field and crop monitoring: IoT Market drivers    115
8.7.3    WEATHER MONITORING    115
8.7.3.1    Weather monitoring: IoT Market drivers    115
8.8    SMART BUILDINGS    116
8.8.1    SMART BUILDINGS: IOT MARKET DRIVERS    116
TABLE 62    IOT SMART BUILDINGS MARKET, BY REGION, 2015–2020 (USD BILLION)    116
TABLE 63    IOT SMART BUILDINGS MARKET, BY REGION, 2021–2026 (USD BILLION)    116
8.8.2    IDENTITY AND ACCESS MANAGEMENT    117
8.8.2.1    Identity and access management: IoT Market drivers    117
8.8.2.2    Identity and access management: IoT COVID-19 impact    117
8.8.3    SMART WATER MANAGEMENT    117
8.8.3.1    Smart water management: IoT Market drivers    117
8.8.4    AUTOMATION AND CONTROL    117
8.8.4.1    Automation and control: IoT Market drivers    117
8.9    OTHER APPLICATIONS    118
TABLE 64    IOT OTHERS MARKET, BY REGION, 2015–2020 (USD BILLION)    118
TABLE 65    IOT OTHERS MARKET, BY REGION, 2021–2026 (USD BILLION)    118
9    IOT MARKET, BY REGION    119
9.1    INTRODUCTION    120
FIGURE 26    ASIA PACIFIC EXPECTED TO LEAD THE IOT MARKET BETWEEN 2021–2026    120
FIGURE 27    ASIA PACIFIC EXPECTED TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD    121
TABLE 66    IOT MARKET, BY REGION, 2015–2020 (USD BILLION)    121
TABLE 67    IOT MARKET, BY REGION, 2021–2026 (USD BILLION)    121
9.2    NORTH AMERICA    122
FIGURE 28    NORTH AMERICA: IOT MARKET SNAPSHOT    122
9.2.1    NORTH AMERICA: IOT MARKET DRIVERS    123
9.2.2    NORTH AMERICA: IMPACT OF COVID-19 ON THE MARKET    123
TABLE 68    NORTH AMERICA: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)    123
TABLE 69    NORTH AMERICA: IOT MARKET, BY COMPONENT, 2021–2026 (USD BILLION)    123
TABLE 70    NORTH AMERICA: IOT MARKET, BY SOFTWARE SOLUTIONS,
2015–2020 (USD BILLION)    124
TABLE 71    NORTH AMERICA: IOT MARKET, BY SOFTWARE SOLUTIONS,
2021–2026 (USD BILLION)    124
TABLE 72    NORTH AMERICA: IOT MARKET, BY SERVICES, 2015–2020 (USD BILLION)    124
TABLE 73    NORTH AMERICA: IOT MARKET, BY SERVICES, 2021–2026 (USD BILLION)    124
TABLE 74    NORTH AMERICA: IOT MARKET, BY PROFESSIONAL SERVICES,
2015–2020 (USD BILLION)    125
TABLE 75    NORTH AMERICA: IOT MARKET, BY PROFESSIONAL SERVICES,  
2021–2026 (USD BILLION)    125
TABLE 76    NORTH AMERICA: IOT MARKET, BY ORGANIZATION SIZE,
2015–2020 (USD BILLION)    125
TABLE 77    NORTH AMERICA: IOT MARKET, BY ORGANIZATION SIZE,
2021–2026 (USD BILLION)    125
TABLE 78    NORTH AMERICA: IOT MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)    126
TABLE 79    NORTH AMERICA: IOT MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)    126
TABLE 80    NORTH AMERICA: IOT MARKET, BY COUNTRY, 2015–2020 (USD BILLION)    126
TABLE 81    NORTH AMERICA: IOT MARKET, BY COUNTRY, 2021–2026 (USD BILLION)    127
9.2.3    UNITED STATES    127
9.2.3.1    US: Regulatory norms    127
TABLE 82    US: IOT MARKET SIZE, BY COMPONENT, 2015–2020 (USD BILLION)    128
TABLE 83    US: IOT MARKET, BY COMPONENT, 2021–2026 (USD BILLION)    128
TABLE 84    US: IOT MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)    128
TABLE 85    US: IOT MARKET SIZE, BY SOFTWARE SOLUTIONS,
2021–2026 (USD BILLION)    128
TABLE 86    US: IOT MARKET SIZE, BY SERVICES, 2015–2020 (USD BILLION)    129
TABLE 87    US: IOT MARKET SIZE, BY SERVICES, 2021–2026 (USD BILLION)    129
TABLE 88    US: IOT MARKET SIZE, BY PROFESSIONAL SERVICES,
2015–2020 (USD BILLION)    129
TABLE 89    US: IOT MARKET SIZE, BY PROFESSIONAL SERVICES,
2021–2026 (USD BILLION)    129
TABLE 90    US: IOT MARKET SIZE, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)    129
TABLE 91    US: IOT MARKET SIZE, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)    130
TABLE 92    US: IOT MARKET SIZE, BY FOCUS AREA, 2015–2020 (USD BILLION)    130
TABLE 93    US: IOT MARKET SIZE, BY FOCUS AREA, 2021–2026 (USD BILLION)    130
9.2.4    CANADA    131
9.2.4.1    Canada: Regulatory norms    131
TABLE 94    CANADA: IOT MARKET SIZE, BY COMPONENT, 2015–2020 (USD BILLION)    131
TABLE 95    CANADA: IOT MARKET SIZE, BY COMPONENT, 2021–2026 (USD BILLION)    131
TABLE 96    CANADA: IOT MARKET SIZE, BY SOFTWARE SOLUTIONS,
2015–2020 (USD BILLION)    132
TABLE 97    CANADA: IOT MARKET SIZE, BY SOFTWARE SOLUTIONS,
2021–2026 (USD BILLION)    132
TABLE 98    CANADA: IOT MARKET SIZE, BY SERVICES, 2015–2020 (USD BILLION)    132
TABLE 99    CANADA: IOT MARKET SIZE, BY SERVICES, 2021–2026 (USD BILLION)    132
TABLE 100    CANADA: IOT MARKET SIZE, BY PROFESSIONAL SERVICES,
2015–2020 (USD BILLION)    133
TABLE 101    CANADA: IOT MARKET SIZE, BY PROFESSIONAL SERVICES,
2021–2026 (USD BILLION)    133
TABLE 102    CANADA: IOT MARKET SIZE, BY ORGANIZATION SIZE,
2015–2020 (USD BILLION)    133
TABLE 103    CANADA: IOT MARKET SIZE, BY ORGANIZATION SIZE,
2021–2026 (USD BILLION)    133
TABLE 104    CANADA: IOT MARKET SIZE, BY FOCUS AREA, 2015–2020 (USD BILLION)    134
TABLE 105    CANADA: IOT MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)    134
9.3    EUROPE    134
9.3.1    EUROPE: IOT MARKET DRIVERS    135
9.3.2    EUROPE: IMPACT OF COVID-19 ON THE MARKET    135
TABLE 106    EUROPE: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)    135
TABLE 107    EUROPE: IOT MARKET, BY COMPONENT, 2021–2026 (USD BILLION)    136
TABLE 108    EUROPE: IOT MARKET, BY SOFTWARE SOLUTIONS,
2015–2020 (USD BILLION)    136
TABLE 109    EUROPE: IOT MARKET, BY SOFTWARE SOLUTIONS,
2021–2026 (USD BILLION)    136
TABLE 110    EUROPE: IOT MARKET, BY SERVICES, 2015–2020 (USD BILLION)    136
TABLE 111    EUROPE: IOT MARKET, BY SERVICES, 2021–2026 (USD BILLION)    137
TABLE 112    EUROPE: IOT MARKE, BY PROFESSIONAL SERVICES,
2015–2020 (USD BILLION)    137
TABLE 113    EUROPE: IOT MARKET, BY PROFESSIONAL SERVICES,
2021–2026 (USD BILLION)    137
TABLE 114    EUROPE: IOT MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)    137
TABLE 115    EUROPE: IOT MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)    137
TABLE 116    EUROPE: IOT MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)    138
TABLE 117    EUROPE: IOT MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)    138
TABLE 118    EUROPE: IOT MARKET, BY COUNTRY, 2015–2020 (USD BILLION)    138
TABLE 119    EUROPE: IOT MARKET, BY COUNTRY, 2021–2026 (USD BILLION)    139
9.3.3    UNITED KINGDOM    139
9.3.3.1    UK: Regulatory norms    139
TABLE 120    UK: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)    139
TABLE 121    UK: IOT MARKET, BY COMPONENT, 2021–2026 (USD BILLION)    140
TABLE 122    UK: IOT MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)    140
TABLE 123    UK: IOT MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)    140
TABLE 124    UK: IOT MARKET, BY SERVICES, 2015–2020 (USD BILLION)    140
TABLE 125    UK: IOT MARKET, BY SERVICES, 2021–2026 (USD BILLION)    141
TABLE 126    UK: IOT MARKET, BY PROFESSIONAL SERVICES, 2015–2020 (USD BILLION)    141
TABLE 127    UK: IOT MARKET, BY PROFESSIONAL SERVICES, 2021–2026 (USD BILLION)    141
TABLE 128    UK: IOT MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)    141
TABLE 129    UK: IOT MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)    141
TABLE 130    UK: IOT MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)    142
TABLE 131    UK: IOT MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)    142
9.3.4    GERMANY    142
9.3.4.1    Germany: Regulatory norms    143
TABLE 132    GERMANY: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)    143
TABLE 133    GERMANY: IOT MARKET, BY COMPONENT, 2021–2026 (USD BILLION)    143
TABLE 134    GERMANY: IOT MARKET, BY SOFTWARE SOLUTIONS,
2015–2020 (USD BILLION)    143
TABLE 135    GERMANY: IOT MARKET, BY SOFTWARE SOLUTIONS,
2021–2026 (USD BILLION)    144
TABLE 136    GERMANY: IOT MARKET, BY SERVICES, 2015–2020 (USD BILLION)    144
TABLE 137    GERMANY: IOT MARKET, BY SERVICES, 2021–2026 (USD BILLION)    144
TABLE 138    GERMANY: IOT MARKET, BY PROFESSIONAL SERVICES,
2015–2020 (USD BILLION)    144
TABLE 139    GERMANY: IOT MARKET, BY PROFESSIONAL SERVICES,
2021–2026 (USD BILLION)    145
TABLE 140    GERMANY: IOT MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)    145
TABLE 141    GERMANY: IOT MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)    145
TABLE 142    GERMANY: IOT MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)    145
TABLE 143    GERMANY: IOT MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)    146
9.3.5    REST OF EUROPE    146
TABLE 144    REST OF EUROPE: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)    146
TABLE 145    REST OF EUROPE: IOT MARKET SIZE, BY COMPONENT,
2021–2026 (USD BILLION)    146
TABLE 146    REST OF EUROPE: IOT MARKET, BY SOFTWARE SOLUTIONS,
2015–2020 (USD BILLION)    147
TABLE 147    REST OF EUROPE: IOT MARKET, BY SOFTWARE SOLUTIONS,
2021–2026 (USD BILLION)    147
TABLE 148    REST OF EUROPE: IOT MARKET, BY SERVICES, 2015–2020 (USD BILLION)    147
TABLE 149    REST OF EUROPE: IOT MARKET, BY SERVICES, 2021–2026 (USD BILLION)    147
TABLE 150    REST OF EUROPE: IOT MARKET, BY PROFESSIONAL SERVICES,  
2015–2020 (USD BILLION)    148
TABLE 151    REST OF EUROPE: IOT MARKET, BY PROFESSIONAL SERVICES,  
2021–2026 (USD BILLION)    148
TABLE 152    REST OF EUROPE: IOT MARKET, BY ORGANIZATION SIZE,
2015–2020 (USD BILLION)    148
TABLE 153    REST OF EUROPE: IOT MARKET, BY ORGANIZATION SIZE,
2021–2026 (USD BILLION)    148
TABLE 154    REST OF EUROPE: IOT MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)    149
TABLE 155    REST OF EUROPE: IOT MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)    149
9.4    ASIA PACIFIC    149
FIGURE 29    ASIA PACIFIC: IOT MARKET SNAPSHOT    150
9.4.1    ASIA PACIFIC: IOT MARKET DRIVERS    150
9.4.2    ASIA PACIFIC: IMPACT OF COVID-19 ON THE MARKET    151
TABLE 156    ASIA PACIFIC: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)    151
TABLE 157    ASIA PACIFIC: IOT MARKET, BY COMPONENT, 2021–2026 (USD BILLION)    151
TABLE 158    ASIA PACIFIC: IOT MARKET, BY SOFTWARE SOLUTIONS,
2015–2020 (USD BILLION)    151
TABLE 159    ASIA PACIFIC: IOT MARKET, BY SOFTWARE SOLUTIONS,
2021–2026 (USD BILLION)    152
TABLE 160    ASIA PACIFIC: IOT MARKET, BY SERVICES, 2015–2020 (USD BILLION)    152
TABLE 161    ASIA PACIFIC: IOT MARKET, BY SERVICES, 2021–2026 (USD BILLION)    152
TABLE 162    ASIA PACIFIC: IOT MARKET, BY PROFESSIONAL SERVICES,
2015–2020 (USD BILLION)    152
TABLE 163    ASIA PACIFIC: IOT MARKET, BY PROFESSIONAL SERVICES,
2021–2026 (USD BILLION)    153
TABLE 164    ASIA PACIFIC: IOT MARKET, BY ORGANIZATION SIZE,
2015–2020 (USD BILLION)    153
TABLE 165    ASIA PACIFIC: IOT MARKET, BY ORGANIZATION SIZE,
2021–2026 (USD BILLION)    153
TABLE 166    ASIA PACIFIC: IOT MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)    153
TABLE 167    ASIA PACIFIC: IOT MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)    154
TABLE 168    ASIA PACIFIC: IOT MARKET, BY COUNTRY, 2015–2020 (USD BILLION)    154
TABLE 169    ASIA PACIFIC: IOT MARKET, BY COUNTRY, 2021–2026 (USD BILLION)    154
9.4.3    JAPAN    154
9.4.3.1    Japan: Regulatory norms    155
TABLE 170    JAPAN: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)    155
TABLE 171    JAPAN: IOT MARKET, BY COMPONENT, 2021–2026 (USD BILLION)    155
TABLE 172    JAPAN: IOT MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)    155
TABLE 173    JAPAN: IOT MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)    156
TABLE 174    JAPAN: IOT MARKET, BY SERVICES, 2015–2020 (USD BILLION)    156
TABLE 175    JAPAN: IOT MARKET, BY SERVICES, 2021–2026 (USD BILLION)    156
TABLE 176    JAPAN: IOT MARKET, BY PROFESSIONAL SERVICES,
2015–2020 (USD BILLION)    156
TABLE 177    JAPAN: IOT MARKET, BY PROFESSIONAL SERVICES,
2021–2026 (USD BILLION)    157
TABLE 178    JAPAN: IOT MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)    157
TABLE 179    JAPAN: IOT MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)    157
TABLE 180    JAPAN: IOT MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)    157
TABLE 181    JAPAN: IOT MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)    158
9.4.4    CHINA    158
9.4.4.1    China: Regulatory norms    158
TABLE 182    CHINA: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)    158
TABLE 183    CHINA: IOT MARKET, BY COMPONENT, 2021–2026 (USD BILLION)    159
TABLE 184    CHINA: IOT MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)    159
TABLE 185    CHINA: IOT MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)    159
TABLE 186    CHINA: IOT MARKET, BY SERVICES, 2015–2020 (USD BILLION)    159
TABLE 187    CHINA: IOT MARKET, BY SERVICES, 2021–2026 (USD BILLION)    160
TABLE 188    CHINA: IOT MARKET, BY PROFESSIONAL SERVICES,
2015–2020 (USD BILLION)    160
TABLE 189    CHINA: IOT MARKET, BY PROFESSIONAL SERVICES,
2021–2026 (USD BILLION)    160
TABLE 190    CHINA: IOT MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)    160
TABLE 191    CHINA: IOT MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)    160
TABLE 192    CHINA: IOT MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)    161
TABLE 193    CHINA: IOT MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)    161
9.4.5    INDIA    161
9.4.5.1    India: Regulatory norms    162
TABLE 194    INDIA: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)    162
TABLE 195    INDIA: IOT MARKET, BY COMPONENT, 2021–2026 (USD BILLION)    162
TABLE 196    INDIA: IOT MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)    162
TABLE 197    INDIA: IOT MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)    163
TABLE 198    INDIA: IOT MARKET, BY SERVICES, 2015–2020 (USD BILLION)    163
TABLE 199    INDIA: IOT MARKET, BY SERVICES, 2021–2026 (USD BILLION)    163
TABLE 200    INDIA: IOT MARKET, BY PROFESSIONAL SERVICES,
2015–2020 (USD BILLION)    163
TABLE 201    INDIA: IOT MARKET, BY PROFESSIONAL SERVICES,
2021–2026 (USD BILLION)    164
TABLE 202    INDIA: IOT MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)    164
TABLE 203    INDIA: IOT MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)    164
TABLE 204    INDIA: IOT MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)    164
TABLE 205    INDIA: IOT MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)    165
9.4.6    REST OF ASIA PACIFIC    165
TABLE 206    REST OF ASIA PACIFIC: IOT MARKET, BY COMPONENT,
2015–2020 (USD BILLION)    165
TABLE 207    REST OF ASIA PACIFIC: IOT MARKET, BY COMPONENT,
2021–2026 (USD BILLION)    165
TABLE 208    REST OF ASIA PACIFIC: IOT MARKET, BY SOFTWARE SOLUTIONS,  
2015–2020 (USD BILLION)    166
TABLE 209    REST OF ASIA PACIFIC: IOT MARKET, BY SOFTWARE SOLUTIONS,  
2021–2026 (USD BILLION)    166
TABLE 210    REST OF ASIA PACIFIC: IOT MARKET, BY SERVICES,
2015–2020 (USD BILLION)    166
TABLE 211    REST OF ASIA PACIFIC: IOT MARKET, BY SERVICES,
2021–2026 (USD BILLION)    166
TABLE 212    REST OF ASIA PACIFIC: IOT MARKET, BY PROFESSIONAL SERVICES,  
2015–2020 (USD BILLION)    167
TABLE 213    REST OF ASIA PACIFIC: IOT MARKET, BY PROFESSIONAL SERVICES,  
2021–2026 (USD BILLION)    167
TABLE 214    REST OF ASIA PACIFIC: IOT MARKET, BY ORGANIZATION SIZE,
2015–2020 (USD BILLION)    167
TABLE 215    REST OF ASIA PACIFIC: IOT MARKET, BY ORGANIZATION SIZE,
2021–2026 (USD BILLION)    167
TABLE 216    REST OF ASIA PACIFIC: IOT MARKET, BY FOCUS AREA,
2015–2020 (USD BILLION)    168
TABLE 217    REST OF ASIA PACIFIC: IOT MARKET, BY FOCUS AREA,
2021–2026 (USD BILLION)    168
9.5    MIDDLE EAST & AFRICA    168
9.5.1    MIDDLE EAST & AFRICA: IOT MARKET DRIVERS    169
9.5.2    MIDDLE EAST & AFRICA: IMPACT OF COVID-19 ON THE MARKET    169
TABLE 218    MIDDLE EAST & AFRICA: IOT MARKET, BY COMPONENT,
2015–2020 (USD BILLION)    170
TABLE 219    MIDDLE EAST & AFRICA: IOT MARKET, BY COMPONENT,
2021–2026 (USD BILLION)    170
TABLE 220    MIDDLE EAST & AFRICA: IOT MARKET, BY SOFTWARE SOLUTIONS,
 2015–2020 (USD BILLION)    170
TABLE 221    MIDDLE EAST & AFRICA: IOT MARKET, BY SOFTWARE SOLUTIONS,  
2021–2026 (USD BILLION)    170
TABLE 222    MIDDLE EAST & AFRICA: IOT MARKET, BY SERVICES,
2015–2020 (USD BILLION)    171
TABLE 223    MIDDLE EAST & AFRICA: IOT MARKET, BY SERVICES,
2021–2026 (USD BILLION)    171
TABLE 224    MIDDLE EAST & AFRICA: IOT MARKET, BY PROFESSIONAL SERVICES,  
2015–2020 (USD BILLION)    171
TABLE 225    MIDDLE EAST & AFRICA: IOT MARKET, BY PROFESSIONAL SERVICES,
 2021–2026 (USD BILLION)    171
TABLE 226    MIDDLE EAST & AFRICA: IOT MARKET, BY ORGANIZATION SIZE,  
2015–2020 (USD BILLION)    172
TABLE 227    MIDDLE EAST & AFRICA: IOT MARKET, BY ORGANIZATION SIZE,
 2021–2026 (USD BILLION)    172
TABLE 228    MIDDLE EAST & AFRICA: IOT MARKET, BY FOCUS AREA,
2015–2020 (USD BILLION)    172
TABLE 229    MIDDLE EAST & AFRICA: IOT MARKET, BY FOCUS AREA,
2021–2026 (USD BILLION)    173
TABLE 230    MIDDLE EAST & AFRICA: IOT MARKET, BY COUNTRY,
2015–2020 (USD BILLION)    173
TABLE 231    MIDDLE EAST & AFRICA: IOT MARKET SIZE, BY COUNTRY,
2021–2026 (USD BILLION)    173
9.5.3    KINGDOM OF SAUDI ARABIA    173
9.5.3.1    Kingdom of Saudi Arabia: Regulatory norms    174
TABLE 232    KINGDOM OF SAUDI ARABIA: IOT MARKET, BY COMPONENT,
2015–2020 (USD BILLION)    174
TABLE 233    KINGDOM OF SAUDI ARABIA: IOT MARKET, BY COMPONENT,
2021–2026 (USD BILLION)    174
TABLE 234    KINGDOM OF SAUDI ARABIA: IOT MARKET, BY SOFTWARE SOLUTIONS,  2015–2020 (USD BILLION)    174
TABLE 235    KINGDOM OF SAUDI ARABIA: IOT MARKET, BY SOFTWARE SOLUTIONS,  2021–2026 (USD BILLION)    175
TABLE 236    KINGDOM OF SAUDI ARABIA: IOT MARKET, BY SERVICES,
2015–2020 (USD BILLION)    175
TABLE 237    KINGDOM OF SAUDI ARABIA: IOT MARKET, BY SERVICES,
2021–2026 (USD BILLION)    175
TABLE 238    KINGDOM OF SAUDI ARABIA: IOT MARKET, BY PROFESSIONAL SERVICES,  2015–2020 (USD BILLION)    175
TABLE 239    KINGDOM OF SAUDI ARABIA: IOT MARKET, BY PROFESSIONAL SERVICES,  2021–2026 (USD BILLION)    176
TABLE 240    KINGDOM OF SAUDI ARABIA: IOT MARKET, BY ORGANIZATION SIZE,  
2015–2020 (USD BILLION)    176
TABLE 241    KINGDOM OF SAUDI ARABIA: IOT MARKET, BY ORGANIZATION SIZE,  
2021–2026 (USD BILLION)    176
TABLE 242    KINGDOM OF SAUDI ARABIA: IOT MARKET, BY FOCUS AREA,
2015–2020 (USD BILLION)    176
TABLE 243    KINGDOM OF SAUDI ARABIA: IOT MARKET, BY FOCUS AREA,
2021–2026 (USD BILLION)    177
9.5.4    UAE    177
9.5.4.1    UAE: Regulatory norms    177
TABLE 244    UAE: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)    177
TABLE 245    UAE: IOT MARKET, BY COMPONENT, 2021–2026 (USD BILLION)    178
TABLE 246    UAE: IOT MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)    178
TABLE 247    UAE: IOT MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)    178
TABLE 248    UAE: IOT MARKET, BY SERVICES, 2015–2020 (USD BILLION)    178
TABLE 249    UAE: IOT MARKET, BY SERVICES, 2021–2026 (USD BILLION)    179
TABLE 250    UAE: IOT MARKET, BY PROFESSIONAL SERVICES, 2015–2020 (USD BILLION)    179
TABLE 251    UAE: IOT MARKET, BY PROFESSIONAL SERVICES, 2021–2026 (USD BILLION)    179
TABLE 252    UAE: IOT MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)    179
TABLE 253    UAE: IOT MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)    179
TABLE 254    UAE: IOT MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)    180
TABLE 255    UAE: IOT MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)    180
9.5.5    REST OF MIDDLE EAST & AFRICA    180
TABLE 256    REST OF MIDDLE EAST & AFRICA: IOT MARKET SIZE, BY COMPONENT,  
2015–2020 (USD BILLION)    181
TABLE 257    REST OF MIDDLE EAST & AFRICA: IOT MARKET, BY COMPONENT,  
2021–2026 (USD BILLION)    181
TABLE 258    REST OF MIDDLE EAST & AFRICA: IOT MARKET, BY SOFTWARE SOLUTIONS,  2015–2020 (USD BILLION)    181
TABLE 259    REST OF MIDDLE EAST & AFRICA: IOT MARKET, BY SOFTWARE SOLUTIONS,  2021–2026 (USD BILLION)    181
TABLE 260    REST OF MIDDLE EAST & AFRICA: IOT MARKET, BY SERVICES,
2015–2020 (USD BILLION)    182
TABLE 261    REST OF MIDDLE EAST & AFRICA: IOT MARKET, BY SERVICES,
2021–2026 (USD BILLION)    182
TABLE 262    REST OF MIDDLE EAST & AFRICA: IOT MARKET, BY PROFESSIONAL SERVICES,  2015–2020 (USD BILLION)    182
TABLE 263    REST OF MIDDLE EAST & AFRICA: IOT MARKET, BY PROFESSIONAL SERVICES,  2021–2026 (USD BILLION)    182
TABLE 264    REST OF MIDDLE EAST & AFRICA: IOT MARKET, BY ORGANIZATION SIZE,  2015–2020 (USD BILLION)    183
TABLE 265    REST OF MIDDLE EAST & AFRICA: IOT MARKET, BY ORGANIZATION SIZE,  2021–2026 (USD BILLION)    183
TABLE 266    REST OF MIDDLE EAST & AFRICA: IOT MARKET, BY FOCUS AREA,  
2015–2020 (USD BILLION)    183
TABLE 267    REST OF MIDDLE EAST & AFRICA: IOT MARKET, BY FOCUS AREA,  
2021–2026 (USD BILLION)    184"
9.6    LATIN AMERICA    184
9.6.1    LATIN AMERICA: IOT MARKET DRIVERS    184
9.6.2    LATIN AMERICA: IMPACT OF COVID-19 ON THE MARKET    185
TABLE 268    LATIN AMERICA: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)    185
TABLE 269    LATIN AMERICA: IOT MARKET, BY COMPONENT, 2021–2026 (USD BILLION)    185
TABLE 270    LATIN AMERICA: IOT MARKET, BY SOFTWARE SOLUTIONS,
2015–2020 (USD BILLION)    185
TABLE 271    LATIN AMERICA: IOT MARKET, BY SOFTWARE SOLUTIONS,
2021–2026 (USD BILLION)    186
TABLE 272    LATIN AMERICA: IOT MARKET, BY SERVICES, 2015–2020 (USD BILLION)    186
TABLE 273    LATIN AMERICA: IOT MARKET, BY SERVICES, 2021–2026 (USD BILLION)    186
TABLE 274    LATIN AMERICA: IOT MARKET, BY PROFESSIONAL SERVICES,
2015–2020 (USD BILLION)    186
TABLE 275    LATIN AMERICA: IOT MARKET, BY PROFESSIONAL SERVICES,
2021–2026 (USD BILLION)    187
TABLE 276    LATIN AMERICA: IOT MARKET, BY ORGANIZATION SIZE,
2015–2020 (USD BILLION)    187
TABLE 277    LATIN AMERICA: IOT MARKET, BY ORGANIZATION SIZE,
2021–2026 (USD BILLION)    187
TABLE 278    LATIN AMERICA: IOT MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)    187
TABLE 279    LATIN AMERICA: IOT MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)    188
TABLE 280    LATIN AMERICA: IOT MARKET, BY COUNTRY, 2015–2020 (USD BILLION)    188
TABLE 281    LATIN AMERICA: IOT MARKET, BY COUNTRY, 2021–2026 (USD BILLION)    188
9.6.3    BRAZIL    188
9.6.3.1    Brazil: Regulatory norms    189
TABLE 282    BRAZIL: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)    189
TABLE 283    BRAZIL: IOT MARKET, BY COMPONENT, 2021–2026 (USD BILLION)    189
TABLE 284    BRAZIL: IOT MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)    189
TABLE 285    BRAZIL: IOT MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)    190
TABLE 286    BRAZIL: IOT MARKET, BY SERVICES, 2015–2020 (USD BILLION)    190
TABLE 287    BRAZIL: IOT MARKET, BY SERVICES, 2021–2026 (USD BILLION)    190
TABLE 288    BRAZIL: IOT MARKET, BY PROFESSIONAL SERVICES,
2015–2020 (USD BILLION)    190
TABLE 289    BRAZIL: IOT MARKET, BY PROFESSIONAL SERVICES,
2021–2026 (USD BILLION)    191
TABLE 290    BRAZIL: IOT MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)    191
TABLE 291    BRAZIL: IOT MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)    191
TABLE 292    BRAZIL: IOT MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)    191
TABLE 293    BRAZIL: IOT MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)    192
9.6.4    MEXICO    192
9.6.4.1    Mexico: Regulatory norms    192
TABLE 294    MEXICO: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)    192
TABLE 295    MEXICO: IOT MARKET, BY COMPONENT, 2021–2026 (USD BILLION)    193
TABLE 296    MEXICO: IOT MARKET, BY SOFTWARE SOLUTIONS,
2015–2020 (USD BILLION)    193
TABLE 297    MEXICO: IOT MARKET, BY SOFTWARE SOLUTIONS,
2021–2026 (USD BILLION)    193
TABLE 298    MEXICO: IOT MARKET, BY SERVICES, 2015–2020 (USD BILLION)    193
TABLE 299    MEXICO: IOT MARKET, BY SERVICES, 2021–2026 (USD BILLION)    194
TABLE 300    MEXICO: IOT MARKET, BY PROFESSIONAL SERVICES,
2015–2020 (USD BILLION)    194
TABLE 301    MEXICO: IOT MARKET, BY PROFESSIONAL SERVICES,
2021–2026 (USD BILLION)    194
TABLE 302    MEXICO: IOT MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)    194
TABLE 303    MEXICO: IOT MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)    194
TABLE 304    MEXICO: IOT MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)    195
TABLE 305    MEXICO: IOT MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)    195
9.6.5    REST OF LATIN AMERICA    195
TABLE 306    REST OF LATIN AMERICA: IOT MARKET SIZE, BY COMPONENT,
2015–2020 (USD BILLION)    196
TABLE 307    REST OF LATIN AMERICA: IOT MARKET SIZE, BY COMPONENT,
2021–2026 (USD BILLION)    196
TABLE 308    REST OF LATIN AMERICA: IOT MARKET SIZE, BY SOFTWARE SOLUTIONS,  2015–2020 (USD BILLION)    196
TABLE 309    REST OF LATIN AMERICA: IOT MARKET SIZE, BY SOFTWARE SOLUTIONS,  2021–2026 (USD BILLION)    196
TABLE 310    REST OF LATIN AMERICA: IOT MARKET SIZE, BY SERVICES,
2015–2020 (USD BILLION)    197
TABLE 311    REST OF LATIN AMERICA: IOT MARKET SIZE, BY SERVICES,
2021–2026 (USD BILLION)    197
TABLE 312    REST OF LATIN AMERICA: IOT MARKET SIZE, BY PROFESSIONAL SERVICES,  2015–2020 (USD BILLION)    197
TABLE 313    REST OF LATIN AMERICA: IOT MARKET SIZE, BY PROFESSIONAL SERVICES,  2021–2026 (USD BILLION)    197
TABLE 314    REST OF LATIN AMERICA: IOT MARKET SIZE, BY ORGANIZATION SIZE,  
2015–2020 (USD BILLION)    198
TABLE 315    REST OF LATIN AMERICA: IOT MARKET SIZE, BY ORGANIZATION SIZE,  
2021–2026 (USD BILLION)    198
TABLE 316    REST OF LATIN AMERICA: IOT MARKET SIZE, BY FOCUS AREA,
2015–2020 (USD BILLION)    198
TABLE 317    REST OF LATIN AMERICA: IOT MARKET SIZE, BY FOCUS AREA,
2021–2026 (USD BILLION)    199
10    COMPETITIVE LANDSCAPE    200
10.1    OVERVIEW    200
10.2    MARKET SHARE ANALYSIS    200
TABLE 318    IOT MARKET: DEGREE OF COMPETITION    200
10.3    HISTORICAL REVENUE ANALYSIS    200
FIGURE 30    REVENUE ANALYSIS OF TOP MARKET PLAYERS, 2016–2020    201
10.4    MARKET EVALUATION FRAMEWORK    201
FIGURE 31    MARKET EVALUATION FRAMEWORK: EXPANSIONS AND CONSOLIDATIONS IN THE IOT MARKET BETWEEN 2019 AND 2021    201
10.5    REVENUE ANALYSIS OF LEADING PLAYERS    202
FIGURE 32    IOT MARKET: REVENUE ANALYSIS    202
10.6    RANKING OF KEY PLAYERS    202
FIGURE 33    RANKING OF KEY IOT MARKET PLAYERS    202
10.7    COMPANY EVALUATION MATRIX    203
10.7.1    STARS    203
10.7.2    EMERGING LEADERS    203
10.7.3    PERVASIVE LEADERS    203
10.7.4    PARTICIPANTS    203
FIGURE 34    GLOBAL IOT MARKET: COMPANY EVALUATION MATRIX, 2021    204
10.8    PRODUCT PORTFOLIO ANALYSIS OF MAJOR PLAYERS    204
TABLE 319    COMPANY FOOTPRINT ANALYSIS: IOT MARKET    204
TABLE 320    COMPANY INDUSTRY FOOTPRINT: IOT MARKET    205
TABLE 321    COMPANY APPLICATION FOOTPRINT: IOT MARKET    206
TABLE 322    COMPANY REGION FOOTPRINT: IOT MARKET    206
10.9    COMPETITIVE SCENARIO    207
10.9.1    NEW SERVICE/PRODUCT LAUNCHES    207
TABLE 323    NEW SERVICE/PRODUCT LAUNCHES, 2019–2021    207
10.9.2    DEALS    208
TABLE 324    DEALS, 2019–2021    208
10.10    STARTUP/SME EVALUATION MATRIX    212
10.10.1    PROGRESSIVE COMPANIES    212
10.10.2    RESPONSIVE COMPANIES    212
10.10.3    DYNAMIC COMPANIES    212
10.10.4    STARTING BLOCKS    213
FIGURE 35    IOT MARKET (GLOBAL), STARTUP/SME EVALUATION MATRIX    213
11    COMPANY PROFILES    214
11.1    MAJOR PLAYERS    214
(Business overview, Products offered, Recent developments, Response to COVID-19, MNM view, Key strengths/right to win, Strategic choices made, and Weakness and competitive threats)*
11.1.1    SIEMENS    214
TABLE 325    SIEMENS: BUSINESS OVERVIEW    214
FIGURE 36    SIEMENS: FINANCIAL OVERVIEW    215
TABLE 326    SIEMENS: PRODUCTS OFFERED    215
TABLE 327    SIEMENS: PRODUCT LAUNCHES    216
TABLE 328    SIEMENS: DEALS    216
11.1.2    MICROSOFT    219
TABLE 329    MICROSOFT: BUSINESS OVERVIEW    219
FIGURE 37    MICROSOFT: FINANCIAL OVERVIEW    220
TABLE 330    MICROSOFT: PRODUCTS OFFERED    220
TABLE 331    MICROSOFT: PRODUCT LAUNCHES    221
TABLE 332    MICROSOFT: DEALS    221
11.1.3    AWS    223
TABLE 333    AWS: BUSINESS OVERVIEW    223
FIGURE 38    AMAZON: FINANCIAL OVERVIEW    224
TABLE 334    AWS: PRODUCTS OFFERED    224
TABLE 335    AWS: PRODUCT LAUNCHES    225
TABLE 336    AWS: DEALS    225
11.1.4    ORACLE    227
TABLE 337    ORACLE: BUSINESS OVERVIEW    227
FIGURE 39    ORACLE: FINANCIAL OVERVIEW    228
TABLE 338    ORACLE: PRODUCTS OFFERED    228
TABLE 339    ORACLE: DEALS    229
11.1.5    CISCO    231
TABLE 340    CISCO: BUSINESS OVERVIEW    231
FIGURE 40    CISCO: FINANCIAL OVERVIEW    232
TABLE 341    CISCO: PRODUCTS OFFERED    232
TABLE 342    CISCO: PRODUCT LAUNCHES    233
TABLE 343    CISCO: DEALS    233
11.1.6    QUALCOMM    236
TABLE 344    QUALCOMM: BUSINESS OVERVIEW    236
FIGURE 41    QUALCOMM: FINANCIAL OVERVIEW    237
TABLE 345    QUALCOMM: SOLUTIONS OFFERED    237
TABLE 346    QUALCOMM: PRODUCT LAUNCHES AND ENHANCEMENTS    238
TABLE 347    QUALCOMM: DEALS    238
11.1.7    SAP    240
TABLE 348    SAP: BUSINESS OVERVIEW    240
FIGURE 42    SAP: FINANCIAL OVERVIEW    241
TABLE 349    SAP: SOLUTIONS OFFERED    241
TABLE 350    SAP: PRODUCT LAUNCHES    241
TABLE 351    SAP: DEALS    242
11.1.8    IBM    243
TABLE 352    IBM: BUSINESS OVERVIEW    243
FIGURE 43    IBM: FINANCIAL OVERVIEW    244
TABLE 353    IBM: PRODUCTS OFFERED    244
TABLE 354    IBM: PRODUCT LAUNCHES    245
TABLE 355    IBM: DEALS    245
11.1.9    GOOGLE    246
TABLE 356    GOOGLE: BUSINESS OVERVIEW    246
FIGURE 44    GOOGLE: FINANCIAL OVERVIEW    247
TABLE 357    GOOGLE: PRODUCTS OFFERED    247
TABLE 358    GOOGLE: PRODUCT LAUNCHES    248
TABLE 359    GOOGLE: DEALS    248
11.1.10    INTEL    249
TABLE 360    INTEL: BUSINESS OVERVIEW    249
FIGURE 45    INTEL: FINANCIAL OVERVIEW    250
TABLE 361    INTEL: PRODUCTS OFFERED    250
TABLE 362    INTEL: PRODUCT LAUNCHES    251
TABLE 363    INTEL: DEALS    251
11.1.11    HITACHI    252
11.1.12    GE DIGITAL    253
11.1.13    PTC    253
11.1.14    ARM    254
11.1.15    SOFTWARE AG    254
11.2    STARTUP/SMES PLAYERS    255
11.2.1    PARTICLE    255
11.2.2    HQSOFTWARE    256
11.2.3    TELIT    256
11.2.4    CLEARBLADE    257
11.2.5    AYLA NETWORKS    258
11.2.6    HOLOGRAM    258
11.2.7    LOSANT    259
11.2.8    SAMSARA    259
11.2.9    LITMUS AUTOMATION    260
11.2.10    CONFIDEX    260
*Details on Business overview, Products offered, Recent developments, Response to COVID-19, MNM view, Key strengths/right to win, Strategic choices made, and Weakness and competitive threats might not be captured in case of unlisted companies.
12    ADJACENT MARKETS    261
12.1    INTRODUCTION    261
TABLE 364    ADJACENT MARKETS AND FORECASTS    261
12.2    LIMITATIONS    261
12.3    IOT ECOSYSTEM AND ADJACENT MARKETS    261
12.4    IOT IN SMART CITIES MARKET    262
12.4.1    ADJACENT MARKET: IOT IN SMART CITIES MARKET, BY APPLICATION    262
TABLE 365    IOT IN SMART CITIES MARKET, BY APPLICATION, 2021–2026 (USD BILLION)    262
TABLE 366    SMART TRANSPORTATION: IOT IN SMART CITIES MARKET, BY REGION,  2021–2026 (USD BILLION)    262
TABLE 367    SMART BUILDING: IOT IN SMART CITIES MARKET, BY REGION,
2021–2026 (USD BILLION)    262
TABLE 368    SMART UTILITIES: IOT IN SMART CITIES MARKET, BY REGION,
2021–2026 (USD BILLION)    263
12.4.2    ADJACENT MARKET: IOT IN SMART CITIES MARKET, BY REGION    263
TABLE 369    NORTH AMERICA: IOT IN SMART CITIES MARKET, BY APPLICATION,
 2021–2026 (USD BILLION)    263
TABLE 370    EUROPE: IOT IN SMART CITIES MARKET, BY APPLICATION,
2021–2026 (USD BILLION)    263
TABLE 371    ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY APPLICATION,  
2021–2026 (USD BILLION)    264
TABLE 372    MIDDLE EAST & AFRICA: IOT IN SMART CITIES MARKET, BY APPLICATION,  2021–2026 (USD BILLION)    264
TABLE 373    LATIN AMERICA: IOT IN SMART CITIES MARKET, BY APPLICATION,  
2021–2026 (USD BILLION)    264
12.4.3    ADJACENT MARKET: IOT IN SMART CITIES MARKET, BY SOLUTION    265
TABLE 374    IOT IN SMART CITIES MARKET, BY SOLUTION, 2021–2026 (USD BILLION)    265
TABLE 375    REMOTE MONITORING: IOT IN SMART CITIES MARKET, BY REGION,
2021–2026 (USD BILLION)    265
TABLE 376    REAL-TIME LOCATION SYSTEM: IOT IN SMART CITIES MARKET, BY REGION, 2021–2026 (USD BILLION)    265
TABLE 377    NETWORK MANAGEMENT: IOT IN SMART CITIES MARKET, BY REGION,  
2021–2026 (USD BILLION)    266
TABLE 378    SECURITY: IOT IN SMART CITIES MARKET, BY REGION,
2021–2026 (USD BILLION)    266
TABLE 379    DATA MANAGEMENT: IOT IN SMART CITIES MARKET, BY REGION,  
2021–2026 (USD BILLION)    266
TABLE 380    REPORTING AND ANALYTICS: IOT IN SMART CITIES MARKET, BY REGION,  2021–2026 (USD BILLION)    267
13    APPENDIX    268
13.1    DISCUSSION GUIDE    268
13.2    KNOWLEDGE STORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL    272
13.3    AVAILABLE CUSTOMIZATIONS    274
13.4    RELATED REPORTS    274
13.5    AUTHOR DETAILS    275