Telecom IoTPublisher’s market research analysts predict the global telecom IoT market to grow steadily during the forecast period and post an impressive CAGR of more than 42% by 2020. This industry research report identifies the growing adoption of intelligent transportation systems (ITS) to be one of the major factors that will have a positive impact on the growth of this market in the coming years. In addition to enabling operators to gather, analyze, and distribute networked resources, ITS also helps reduce the impact of traffic congestion by providing greater visibility and improving communication among passengers. Investments towards the development of such smart solutions will bolster the growth prospects of the telecom IoT market. For instance, one of the leading automotive manufacturers General Motors has recently supported the ride-sharing service provider Lyft by making an investment of about USD 500 million towards the development of IoT projects that help provide efficient public commuting services.
This market research study estimates that in terms of geographical regions, the Americas will be the major revenue contributor to the market throughout the next four years. The increasing adoption of IoT products and services by several enterprises in countries such as the US to improve business efficiency and investments from the US government towards the development of smart cities will drive market growth in this region.
Get Request Sample Copy is Available at: www.reportsweb.com/inquiry&RW0001498007/sample
Competitive landscape and key vendors
The market is characterized by the presence of well-diversified international and regional vendors. As the international vendors are increasing their footprint, regional vendors are finding it extremely difficult to compete with them in terms of features such as product quality, technology, and pricing. With technological advancements changing the preference of customers, vendors have the need to develop innovative wireless technology to cater to their clients’ requirements. The market is highly competitive and an increase in commercial deployments, technological innovations, and M&As will further intensify the level of competition among the market players.
The leading vendors in the market are -
The other prominent vendors in the market are Aeris, BT (EE), China Telecom, China Unicom, Huawei Technologies, KT, MTN, Orange Business Services, Rogers Communications, Singtel, SK Telecom, Sprint, Tele2, Telefónica, Telenor, TeliaSonera, and ZTE.
For Inquire before Buying at: www.reportsweb.com/inquiry&RW0001498007/buying
Segmentation by application and analysis of the telecom IoT market
Supply chain monitoring
Customer monitoring involves real-time location-based advertising supported by sensor-based smartphones, which helps enterprises improve the effectiveness of their advertising campaign. Additionally, customer monitoring also helps the healthcare industry to improve their operational effectiveness by enabling healthcare providers to monitor patients’ health even from remote locations. Analysts predict that though the product monitoring segment currently accounts for the major shares, the market will be dominated by the customer monitoring segment by the end of the forecast period.
Segmentation by business area and analysis of the telecom IoT market
Complete Report is Available at: www.reportsweb.com/global-telecom-iot-market-2016-2020
Email Id: email@example.com
ReportsWeb is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
505, 6th floor, Amanora Township, Amanora Chambers, East Block, Kharadi Road, Hadapsar, Pune-411028
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Telecom IoT here
News-ID: 1007361 • Views: 229
More Releases from ReportsWeb
Marine Biotechnology Market Future Forecast 2018-2026 by Leading Companies such …
ReportsWeb.com has announced the addition of the “Marine Biotechnology-Global Market Outlook 2017-2026” The report classifies the global Marine Biotechnology Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. According to Publisher, the Global Marine Biotechnology Market is accounted for $3.93 billion in 2017 and is expected to reach $8.74 billion by 2026 growing at a CAGR of 9.3% during
Anti-Counterfeiting Packaging Market Growth Opportunities and Emerging Trends by …
ReportsWeb.com has announced the addition of the “Anti-Counterfeiting Packaging-Global Market Outlook 2017-2026” The report classifies the global Anti-Counterfeiting Packaging Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. According to Publisher, the Global Anti-Counterfeiting Packaging Market is accounted for $112.16 billion in 2017 and is expected to reach $427.96 billion by 2026 growing at a CAGR of 16.0% during
Solar Photovoltaic in Italy Market Outlook to 2030 | Company Profiles (Tozzi Hol …
Solar Photovoltaic (PV) in Italy, Market Outlook to 2030, Update 2018-Capacity, Generation, Investment Trends, Regulations and Company Profiles Summary "Solar Photovoltaic (PV) in Italy, Market Outlook to 2030, Update 2018-Capacity, Generation, Investment Trends, Regulations and Company Profiles", is the latest report from Publisher, the industry analysis specialists that offer comprehensive information and understanding of the Solar Photovoltaic (PV) market in Italy. The report provides in depth analysis on global renewable power market and
Aircraft Ignition System Market Growth Opportunity and Future Forecast by Leadin …
ReportsWeb.com has announced the addition of the “Global Aircraft Ignition System Market Insights Forecast to 2025” The report classifies the global Aircraft Ignition System Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. An ignition system generates a spark or heats an electrode to a high temperature to ignite a fuel-air mixture in spark ignition internal combustion engines oil-fired