Press release
Smart Connected Devices Market 2018 Global Leaders Overview: Acer, Lenovo Group, ZTE Corporation, Motorola Solutions, Hewlett-Packard, HTC, Apple, Videocon Industries, Micromax Informatics
Market Highlights
The global smart connected devices market is projected to witness a rapid growth during the forecast period owing to increasing demand for smart connected devices from individuals. Moreover, increasing demand for smart connected devices across various industry verticals and rise in demand for internet of things applications are other major factors driving the growth of the global smart connected devices market.
The global Smart Connected Devices Market by geography is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The North America market is expected to witness significant growth and hold the largest share of the global market during the forecast period. The U.S and Canada are anticipated to drive the growth of the smart connected devices market in North America region owing to the presence of a large number of established key players such as Motorola Solutions Inc., Hewlett-Packard, Apple Inc., and Dell Inc. among others in this region. Due to sustainable and well-established economies in the region, the market is likely to show immense growth in the coming future. Additionally, North America also has a well-established infrastructure, which allows a higher penetration of devices and ultimately provides better connectivity. The growth of the market is also attributed to increasing focus of business organizations towards better management of business processes and growing dependency of enterprises on smart connected devices and increasing trend of bringing your own device. In the global smart connected devices market, Asia Pacific is anticipated to witness a relatively faster adoption at the highest CAGR during the forecast period as compared to other regions owing to increasing demand for smart connected devices across different industry verticals in different countries in the region.
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Key Players
Some of the prominent players in the global smart connected devices market are Sony Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Motorola Solutions Inc. (U.S.), Nokia Networks (Finland), LG Corporation (South Korea), Hewlett-Packard (U.S.), HTC Corporation (Taiwan), Apple Inc. (U.S.), Dell Inc. (U.S.), Gionee Communication Equipment Co. Ltd (China), Micromax Informatics (India), Videocon Industries Ltd. (India), Acer Inc. (Taiwan), Lenovo Group Ltd. (Hong Kong), Blackberry Ltd. (Canada), and ZTE Corporation (China), among others.
Segments
The global smart connected devices market is segmented by product and end-user. Based on the product, the market is segmented into smartphones, media players, tablets, smart watch, smart band, smart glasses, smart clothing, wireless printers, smart meters, smart cameras, connected bulbs, smart locks, smart thermostats, and smart home appliances. Based on end-user, the market is segmented into industrial, commercial, and residential.
Regional Analysis
The global smart connected devices market is studied in Asia Pacific, North America, Europe, and Rest of the World. North America is estimated to account for the largest share of the market, whereas Asia Pacific is projected to grow at the fastest rate during the forecast period. The growth of the market in North America is attributed to technological advancements and increased adoption of smart connected devices across various industry verticals.
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Intended Audience
• Technology Investors
• Research/Consultancy Firms
• Government Bodies
• Consulting Service Providers
• Technology Providers
• System Integrators
• Software Vendors
• Web Content Developers
• Service Providers
• Cloud Platform Providers
• Mobile Application Developers
• Communication Service Providers (CSPs)
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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