Global Internet of Things (IoT) Market
According to a new market research report “Global Internet of Things (IoT) Market Size and Forecast To 2026 Forecast and Opportunities, 2018-2024″, published by PlanetMarketReports.com, the Global Internet of Things IoT market was valued at USD 212.1 Billion in 2018 and is expected to witness a growth of 25.68% from 2019-2026 and reach USD 1,319.08 Billion by 2026.
What is Internet of Things IoT Market?
The Internet of Things IoT can be defined as an arrangement of interconnected and well-organized computing devices, objects, mechanical & digital machines, animals or people that are given with distinctive identifiers/codes with an ability to allocate data over a network without requiring human-to-human or human-to-computer interaction. The scope of IoT has seen a drastic upliftment in the global market with a wide range of applications.
Global Internet of Things IoT Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Growing use of third-party platforms and increment in the digital transformation are the two main factors which account as the drivers for the global IoT market. Apart from this, cybersecurity risks and privacy concerns could affect the market growth rate. According to our sources, the number of IoT-connected devices was estimated at 18 billion units in 2016. This suggests that with growing advancement the number will increase significantly.
Planet Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Internet of Things IoT Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market. This can be of a great use in gaining knowledge about cutting-edge technologies in the market.
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Global Internet of Things IoT Market Competitive Landscape
The “Internet of Things IoT Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Intel Corporation, SAP SE, Cisco Systems, Inc., Microsoft Corporation, Oracle Corporation, International Business Machine IBM Corporation, and PTC Inc. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Global Internet of Things IoT Market, By Software Solution
• Data Management
• Remote Monitoring
• Network Bandwidth Management
• Real-Time Streaming Analytics
• Security
Global Internet of Things IoT Market, By Platform
• Application Management
• Network Management
• Device Management
Global Internet of Things IoT Market, By Application
• Smart Retail
• Connected Health
• Smart Mobility and Transportation
• Building and Home Automation
• Smart Manufacturing
• Others
Global Internet of Things IoT Market Geographic Scope
Regional Analysis: The major regions where Internet of Things IoT market is concentrated include South America, Europe, Asia Pacific, North America, Middle East, and Africa. The key countries include Germany, Italy, France, UK, Russia, Turkey in Europe; United States, Canada, and Mexico in North America; China, Malaysia, Japan, India, Thailand, Philippines, Korea, Indonesia, Australia, Vietnam in Asia Pacific Region; Brazil in South America; GCC Countries, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Egypt in Middle East and Africa.
Research Methodology of Planet Market Reports:
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our sales team at Planet Market Reports.
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Reasons to Purchase this Report
Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value USD Billion data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
The current as well as future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
6-month post-sales analyst support
Customization of the Report
In case of any queries or customization requirements please connect with our sales team, who will ensure that your requirements are met.
Internet of Things IoT Market Report Summary: In the first section, the Global Internet of Things IoT Market report presents industry overview, definition, and scope. The second part briefs about the Global Internet of Things IoT industry bifurcation by Type, Application and Geographical regions. The top industry players, revenue analysis, and sales margin are explained. The production and consumption scenario is specified.
The SWOT analysis by players, the growth rate for each type, application, and the region is covered. A 5-year forecast Global Internet of Things IoT industry perspective will lead to profitable business plans and informed moves. Towards, the end data sources, research methodology, and findings are offered.
Geographic Analysis
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Global Internet of Things (IoT) Market => Press Release https://www.planetmarketreports.com/press-release/global-internet-of-things-iot-market-size-and-forecast-to-2026
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