The Internet of Things is a system of interrelated devices that has the ability to transfer data over a network without requiring computer and human interaction. Internet of Things consist of various consumer electronic devices, sensors, actuators, software and network connectivity devices that facilitate these objects to exchange and collect data. These technologies are used across different applications such as manufacturing, media, healthcare, consumer application, defense and aerospace, security application and transportation among others. Moreover, Internet of Things facilitates easier and user friendly controlling of various electronic devices from a central point. Internet of Things is defined as an invisible and intelligent network of devices that remains connected via a common network.
The market of Internet of Thing is predicted to witness an exponential growth during the coming eight years owing to various government’s initiative that is anticipated to augment the growth of smart cities. Government initiative and budget allocation in different countries to build up smart cities, smart rooms, smart environments offering a better lifestyle is also predicted to fuel the growth of the IoT market globally. In addition, increasing uses of cloud computing is also expected to create a better opportunities for the growth of the Internet of Things market across different parts of the world.
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The global Internet of Things is primarily driven by factors including increasing usage of smart electronic devices. Moreover, rapid technological advancements is also expected to positively impact the market growth during the forecast period. The key players in the market are not just focusing on enhancing the revenue potential of the existing IoT segment, but are also focusing on increasing their product offerings that are equipped with advanced technology to the consumers. Considering these positive factors, the demand for Internet of Things market set to rise during the forecast period from 2020 – 2027.
Based on technology, the global market is segmented into
Among different technology, Zigbee held the largest market share in 2018 owing to its increasing demand from the rapidly growing smart home sector across different parts of the world.
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Internet of Things market, by applications is classified into media, manufacturing, medical and healthcare, consumer application, energy management, others. This Internet of Things is most commonly used for medical and healthcare application and thus it accounted for a substantial share of the overall market in 2018. Moreover, the prospective for cyber physical systems to improve productivity in the production process and supply chain is predicted to boost the demand of Internet of Thing in the industrial sector.
However, inefficient real time analytics and security concern are some of the major factor predicted to deter the market growth of internet of things during the forecast period.
By geography, the IoT market has been segregated into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. In 2019, North America held the largest market of the Internet of Thing in terms of revenue. On the other hand, growing consumer’s preference towards smart devices especially in countries such as china and India is expected to drive the market of Asia Pacific region at the fastest pace. The Internet of Thing market of North America is followed by Europe in terms of revenue and these two regions collectively held more than 60% of the market in terms of revenue in 2018.
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The global Internet of Things market is characterized by the presence of numerous players in the market. The key market players majorly compete on the basis of price, performance, quality, support, services and innovations of product. Some of the major players in IoT market include Intel Corp. (U.S), Amazon (U.S), Microsoft Corp. (U.S), Cisco Systems Inc. (U.S), Google Inc. (U.S), AT&T (U.S), Apple Inc. (U.S), General Electric (U.S) and Honeywell International Inc. (U.S) among others.
The global Internet of things market has been segmented into:
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Chapter 1. Preface
1.1. Preface
Chapter 2. Assumptions and Research Methodology
2.1. Assumptions and Acronyms Used
2.2. Research Methodology
2.3. Research Methodology
Chapter 3. Executive Summary
3.1. Executive Summary
Chapter 4. Market Overview
4.1. Product Overview
4.2. Market Trends
4.3. Market Challenges
Chapter 5. Market Dynamics
5.1. Introduction
5.2. Drivers and Restraints Snapshot Analysis
5.3. Drivers
5.4. Restraints
5.5. Opportunities
5.6. Key Findings
5.7. Global Internet of Things Market Size (US$ Bn) Forecast, 2017 - 2027
Chapter 6. Global Internet of Things Market Analysis By Technology
6.1. Global Internet of Things Market Attractiveness Analysis, By Technology
6.2. Introduction
6.3. Global Internet of Things Market Value Share Analysis, By Technology
6.4. Global Internet of Things Market Revenue Analysis, By Technology
6.5. Global Internet of Things Market Revenue Forecast, By Technology
Chapter 7. Internet of Things Market Analysis By Application
7.1. Introduction
7.2. Global Internet of Things Market Value Share Analysis, By Application
7.3. Global Internet of Things Market Analysis, By Application
7.4. Global Internet of Things Market Revenue Forecast, By Application
Chapter 8. Global Internet of Things Market Analysis By Region
8.1. Global Regulatory Scenario
8.2. Global Internet of Things Market Value Share Analysis, By Region
8.3. Global Internet of Things Market Forecast, By Region Type
Chapter 9. North America Internet of Things Market Analysis
9.1. North America Internet of Things Market Value Share Analysis, By Technology
9.2. North America Market Revenue Forecast, By Technology
9.3. North America Internet of Things Market Value Share Analysis, By Application
9.4. North America Market Revenue Forecast, By Application
9.5. North America Internet of Things Market Value Share Analysis, By Country
9.6. North America Market Revenue Forecast, By Country
9.7. North America Internet of Things Market Analysis, By Country
9.8. Key Trends
Chapter 10. Europe Internet of Things Market Analysis
10.1. Europe Internet of Things Market Value Share Analysis, By Technology
10.2. Europe Market Revenue Forecast, By Technology
10.3. Europe Internet of Things Market Value Share Analysis, By Application
10.4. Europe Market Revenue Forecast, By Application
10.5. Europe Internet of Things Market Value Share Analysis, By Country
10.6. Europe Market Revenue Forecast, By Country
10.7. Europe Internet of Things Market Analysis, By Country
10.8. Key Trends
Chapter 11. Asia Pacific Internet of Things Market Analysis
11.1. Asia Pacific Internet of Things Market Value Share Analysis, By Technology
11.2. Asia Pacific Market Revenue Forecast, By Technology
11.3. Asia Pacific Internet of Things Market Value Share Analysis, By Application
11.4. Asia Pacific Market Revenue Forecast, By Application
11.5. Asia Pacific Internet of Things Market Value Share Analysis, By Country
11.6. Asia Pacific Market Revenue Forecast, By Country
11.7. Asia Pacific Internet of Things Market Analysis, By Country
11.8. Key Trends
Chapter 12. Middle East and Africa Internet of Things Market Analysis
12.1. Middle East and Africa Internet of Things Market Value Share Analysis, By Technology
12.2. Middle East and Africa Market Revenue Forecast, By Technology
12.3. Middle East and Africa Internet of Things Market Value Share Analysis, By Application
12.4. Middle East and Africa Market Revenue Forecast, By Application
12.5. Middle East and Africa Internet of Things Market Value Share Analysis, By Country
12.6. Middle East and Africa Market Revenue Forecast, By Country
12.7. Middle East and Africa Internet of Things Market Analysis, By Country
12.8. Key Trends
Chapter 13. South America Internet of Things Market Analysis
13.1. South America Internet of Things Market Value Share Analysis, By Technology
13.2. South America Market Revenue Forecast, By Technology
13.3. South America Internet of Things Market Value Share Analysis, By Application
13.4. South America Market Revenue Forecast, By Application
13.5. South America Internet of Things Market Value Share Analysis, By Country
13.6. South America Market Revenue Forecast, By Country
13.7. South America Internet of Things Market Analysis, By Country
13.8. Key Trends
Chapter 14. Company Profile
14.1. Google Inc.
14.2. IBM Corporation
14.3. Intel Corporation
14.4. Amazon.com Inc.
14.5. Apple Inc.
14.6. Honeywell International Inc.
14.7. General Electric
14.8. Cisco Systems, Inc.
14.9. Microsoft Corporation
14.10. AT&T Inc.
List of Tables
Table 1. Global Internet of Things Market Size (US$ Bn) Forecast, By Technology, 2017 – 2027
Table 2. Global Internet of Things Market Size (US$ Bn) Forecast, By LPWAN, 2017 – 2027
Table 3. Global Internet of Things Market Size (US$ Bn) Forecast, By Platform, 2017 – 2027
Table 4. Global Internet of Things Market Size (US$ Bn) Forecast, By Application, 2017 – 2027
Table 5. Global Internet of Things Market Size (US$ Bn) Forecast, By Smart Retail, 2017 – 2027
Table 6. Global Internet of Things Market Size (US$ Bn) Forecast, By Region, 2017 – 2027
Table 7. North America Internet of Things Market Size (US$ Bn) Forecast, By Technology, 2017 – 2027
Table 8. North America Internet of Things Market Size (US$ Bn) Forecast, By LPWAN, 2017 – 2027
Table 9. North America Internet of Things Market Size (US$ Bn) Forecast, By Platform, 2017 – 2027
Table 10. North America Internet of Things Market Size (US$ Bn) Forecast, By Application, 2017 – 2027
Table 11. North America Internet of Things Market Size (US$ Bn) Forecast, By Smart Retail, 2017 – 2027
Table 12. North America Internet of Things Market Size (US$ Bn) Forecast, By Country, 2017 – 2027
Table 13. Europe Internet of Things Market Size (US$ Bn) Forecast, By Technology, 2017 – 2027
Table 14. Europe Internet of Things Market Size (US$ Bn) Forecast, By LPWAN, 2017 – 2027
Table 15. Europe Internet of Things Market Size (US$ Bn) Forecast, By Platform, 2017 – 2027
Table 16. Europe Internet of Things Market Size (US$ Bn) Forecast, By Application, 2017 – 2027
Table 17. Europe Internet of Things Market Size (US$ Bn) Forecast, By Smart Retail, 2017 – 2027
Table 18. Europe Internet of Things Market Size (US$ Bn) Forecast, By Country, 2017 – 2027
Table 19. Asia Pacific Internet of Things Market Size (US$ Bn) Forecast, By Technology, 2017 – 2027
Table 20. Asia Pacific Internet of Things Market Size (US$ Bn) Forecast, By LPWAN, 2017 – 2027
Table 21. Asia Pacific Internet of Things Market Size (US$ Bn) Forecast, By Platform, 2017 – 2027
Table 22. Asia Pacific Internet of Things Market Size (US$ Bn) Forecast, By Application, 2017 – 2027
Table 23. Asia Pacific Internet of Things Market Size (US$ Bn) Forecast, By Smart Retail, 2017 – 2027
Table 24. Asia Pacific Internet of Things Market Size (US$ Bn) Forecast, By Country, 2017 – 2027
Table 25. MEA Internet of Things Market Size (US$ Bn) Forecast, By Technology, 2017 – 2027
Table 26. MEA Internet of Things Market Size (US$ Bn) Forecast, By LPWAN, 2017 – 2027
Table 27. MEA Internet of Things Market Size (US$ Bn) Forecast, By Platform, 2017 – 2027
Table 28. MEA Internet of Things Market Size (US$ Bn) Forecast, By Application, 2017 – 2027
Table 29. MEA Internet of Things Market Size (US$ Bn) Forecast, By Smart Retail, 2017 – 2027
Table 30. MEA Internet of Things Market Size (US$ Bn) Forecast, By Country, 2017 – 2027
Table 31. South America Internet of Things Market Size (US$ Bn) Forecast, By Technology, 2017 – 2027
Table 32. South America Internet of Things Market Size (US$ Bn) Forecast, By LPWAN, 2017 – 2027
Table 33. South America Internet of Things Market Size (US$ Bn) Forecast, By Platform, 2017 – 2027
Table 34. South America Internet of Things Market Size (US$ Bn) Forecast, By Application, 2017 – 2027
Table 35. South America Internet of Things Market Size (US$ Bn) Forecast, By Smart Retail, 2017 – 2027
Table 36. South America Internet of Things Market Size (US$ Bn) Forecast, By Country, 2017 – 2027
List of Figures
Figure 1. Research Methodology Calculation of the Global Internet of Things Market
Figure 2. Share Analysis
Figure 3. Value Chain Analysis
Figure 4. Global Internet of Things Market Revenue (US$ Bn) and Y-o-Y Forecast, 2017 – 2027
Figure 5. Market Value Share (Revenue) By Platform (2017)
Figure 6. Market Value Share (Revenue) By Technology (2017)
Figure 7. Market Value Share (Revenue) By Application (2017)
Figure 8. Global Internet of Things Market Value Share Analysis, By Technology, 2017 and 2027
Figure 9. Internet of Things Market Attractiveness Analysis, By Technology
Figure 10. Global Internet of Things Market Value Share Analysis, By Platform, 2017 and 2027
Figure 11. Internet of Things Market Attractiveness Analysis, By Platform
Figure 12. Global Internet of Things Market Value Share Analysis, By Application, 2017 and 2027
Figure 13. Internet of Things Market Attractiveness Analysis, By Technology
Figure 14. Internet of Things Market Analysis, By Region, North America
Figure 15. Internet of Things Market Analysis, By Region, Europe
Figure 16. Internet of Things Market Analysis, By Region, Asia Pacific
Figure 17. Internet of Things Market Analysis, By Region, Middle East and Africa
Figure 18. Internet of Things Market Analysis, By Region, South America
Figure 19. Internet of Things Market Attractiveness Analysis, By Region
Figure 20. North America Internet of Things Market Revenue (US$ Bn) and Y-o-Y Forecast, 2017 – 2027
Figure 21. North America Internet of Things Market Value Share Analysis, By Technology, 2017 and 2027
Figure 22. North America Internet of Things Market Value Share Analysis, By Platform, 2017 and 2027
Figure 23. North America Internet of Things Market Value Share Analysis, By Application, 2017 and 2027
Figure 24. North America Internet of Things Market Value Share Analysis, By Country, 2017 and 2027
Figure 25. North America Internet of Things Market Attractiveness Analysis, By Technology
Figure 26. North America Internet of Things Market Attractiveness Analysis, By Application
Figure 27. North America Internet of Things Market Attractiveness Analysis, By Country
Figure 28. North America Internet of Things Market Attractiveness Analysis, By Platform
Figure 29. Europe Internet of Things Market Revenue (US$ Bn) and Y-o-Y Forecast, 2017 – 2027
Figure 30. Europe Internet of Things Market Value Share Analysis, By Technology, 2017 and 2027
Figure 31. Europe Internet of Things Market Value Share Analysis, By Platform, 2017 and 2027
Figure 32. Europe Internet of Things Market Value Share Analysis, By Application, 2017 and 2027
Figure 33. Europe Internet of Things Market Value Share Analysis, By Country, 2017 and 2027
Figure 34. Europe Internet of Things Market Attractiveness Analysis, By Technology
Figure 35. Europe Internet of Things Market Attractiveness Analysis, By Application
Figure 36. Europe Internet of Things Market Attractiveness Analysis, By Country
Figure 37. Europe Internet of Things Market Attractiveness Analysis, By Platform
Figure 38. Asia Pacific Internet of Things Market Revenue (US$ Bn) and Y-o-Y Forecast, 2017 – 2027
Figure 39. Asia Pacific Internet of Things Market Value Share Analysis, By Technology, 2017 and 2027
Figure 40. Asia Pacific Internet of Things Market Value Share Analysis, By Platform, 2017 and 2027
Figure 41. Asia Pacific Internet of Things Market Value Share Analysis, By Application, 2017 and 2027
Figure 42. Asia Pacific Internet of Things Market Value Share Analysis, By Country, 2017 and 2027
Figure 43. Asia Pacific Internet of Things Market Attractiveness Analysis, By Technology
Figure 44. Asia Pacific Internet of Things Market Attractiveness Analysis, By Application
Figure 45. Asia Pacific Internet of Things Market Attractiveness Analysis, By Country
Figure 46. Asia Pacific Internet of Things Market Attractiveness Analysis, By Platform
Figure 47. MEA Internet of Things Market Revenue (US$ Bn) and Y-o-Y Forecast, 2017 – 2027
Figure 48. MEA Internet of Things Market Value Share Analysis, By Technology, 2017 and 2027
Figure 49. MEA Internet of Things Market Value Share Analysis, By Platform, 2017 and 2027
Figure 50. MEA Internet of Things Market Value Share Analysis, By Application, 2017 and 2027
Figure 51. MEA Internet of Things Market Value Share Analysis, By Country, 2017 and 2027
Figure 52. MEA Internet of Things Market Attractiveness Analysis, By Technology
Figure 53. MEA Internet of Things Market Attractiveness Analysis, By Application
Figure 54. MEA Internet of Things Market Attractiveness Analysis, By Country
Figure 55. MEA Internet of Things Market Attractiveness Analysis, By Platform
Figure 56. South America Internet of Things Market Revenue (US$ Bn) and Y-o-Y Forecast, 2017 – 2027
Figure 57. South America Internet of Things Market Value Share Analysis, By Technology, 2017 and 2027
Figure 58. South America Internet of Things Market Value Share Analysis, By Platform, 2017 and 2027
Figure 59. South America Internet of Things Market Value Share Analysis, By Application, 2017 and 2027
Figure 60. South America Internet of Things Market Value Share Analysis, By Country, 2017 and 2027
Figure 61. South America Internet of Things Market Attractiveness Analysis, By Technology
Figure 62. South America Internet of Things Market Attractiveness Analysis, By Application
Figure 63. South America Internet of Things Market Attractiveness Analysis, By Country
Figure 64. South America Internet of Things Market Attractiveness Analysis, By Platform
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Internet of Things Market Trends, 2020 - 2027
