Press release
Internet of Things Market Latest Business Insights, Trends and Development Analysis to 2025
The Internet of Things (IoT) is the network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these things to connect and exchange data, creating opportunities for more direct integration of the physical world into computer-based systems, resulting in efficiency improvements, economic benefits, and reduced human exertions.
High growth of internet of things is owing to rising internet and smartphone penetration, growing Industrial IoT (IIoT) adoption, coupled with increasing number of smart city projects across various countries. In 2017, the global Internet of Things market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
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The key players covered in this study
Vodafone
Harman
Accenture
Atos
Infosys
Cognizant
NTT Data
IBM
Tech Mahindra
Luxoft
Market segment by Type, the product can be split into
Professional
Managed Services
Market segment by Application, split into
Manufacturing
Healthcare
Smart Homes and Buildings
Smart Cities
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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