Internet of Things (IoT) Market By Software Solution (Network Bandwidth Management, Real- Time Streaming Analytics, Security Solution, Remote Monitoring System and Data Management), Platform (Network Management, Device Management and Application Management), Service (Managed Service, Professional Service, Deployment And Integration, Consulting Service and Support And Maintenance) and Application (Smart Mobility & Transportation, Building & Home Automation, Smart Retail, Smart Energy & Utilities, Smart Manufacturing, Connected Logistics and Other Applications) - Global Industry Analysis And Forecast To 2025
The Internet of things (IoT) is referred to as the system of home appliances, vehicles, physical devices, and different things installed with software, electronics, sensors, connectivity, and actuators that empowers these things to interface, gather and trade information. The IoT includes broadening the internet connectivity past the standard gadgets, for example, tablets, desktops, smartphones and laptops, to any scope of the customarily stupid or the non-web empowered physical gadgets and ordinary items. Embedded with innovation, these gadgets may interact and communicate on the Internet, and they may be remotely observed and controlled. With the entry of the driverless vehicles, a part of the IoT, i.e. the Internet of Vehicles begins to acquire consideration. Therefore, the Internet of Things (IoT) Market is anticipated to expand and has tremendous scope during the forecast period. The global Internet of Things (IoT) Market anticipated to flourish in the future by growing at a significantly higher CAGR.
Drivers & Restrains
The driving factors of the market are; increase in the demand, adoption & utilization of the advanced analytics solutions, increasing technological development in this field, more advancement in the technologies related to the wireless technologies, rising adoption & utilization of the cloud platform, lessening in the cost related to the connected devices, and other factors. The restraining factors od the market are; various concern relate to the privacy & security of the data, lack of common set of standards & interoperability of this solution and other factors.
The North American region is leading the global Internet of Things (IoT) Market owing to increasing digitalization in various sectors, technical development in this field due to increasing demand & adoption, for increasing efficiency various organizations are utilizing this solution, etc.
Internet of Things (IoT) Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Bosch Software Innovation GmbH
Amazon Web Services Inc.
Cisco Systems Inc.
Hewlett Packard Enterprise
International Business Machine (IBM) Corporation
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?