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Internet Of Everything (IoE) Market by 2023 Future Scenarios by Leading Players Amazon Web Services Inc., AT&T Inc., Cisco Systems Inc., IBM Corporation, Hewlett Packard Enterprise Development LP, Microsoft Corporation, Google Inc.

02-06-2019 06:31 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Internet Of Everything (IoE) Market by 2023 Future Scenarios

Internet of Everything (IoE) Market Report, published by Allied Market Research, projects that the global market was valued at $1,205 billion in 2014, and is expected to reach at $3,352 billion by 2022. The hardware segment is expected to dominate the global market from 2016 to 2022. The Internet of Everything (IoE) industry in North America accounted for 36% share of the global market in 2014, while the Asia-Pacific market is expected to witness significant growth rate during the forecast period.

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The hardware segment dominated the global Internet of Everything (IoE) industry in 2014, with around 75% share. However, software segment is expected to grow at the highest growth rate during the forecast period. It is further analyzed across five types including IT security, data management software, software analytics, communication & collaboration software, and other software. IT security software segment dominated the global Internet of Everything (IoE) market in terms of revenue, while the communication & collaboration software segment is anticipated to grow at the highest growth rate during the forecast period.

Some of the Major Internet Of Everything Market Players Are:

•Amazon Web Services Inc.
•AT&T Inc.
•Cisco Systems Inc.
•IBM Corporation
•Hewlett Packard Enterprise Development LP
•Microsoft Corporation
•Google Inc.
•Bosch Software Innovations GmbH

The manufacturing and government segments collectively accounted for around 42% share of the total Internet of Everything (IoE) market revenue in 2014, while the healthcare segment is anticipated to grow at the highest CAGR of 15.2% during the forecast period. The government Internet of Everything (IoE) market size is expected to grow at the second highest CAGR of 15.1% during the forecast period, owing to the introduction of various supportive activities for adopting Internet of Everything (IoE)-based solutions and strategic implementation of Internet of Everything (IoE) among various projects, such as smart cities, connected vehicles, and others.

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Promising Regions & Countries Mentioned In The Crowd Analytics Market Report:

•North America ( United States)
•Europe ( Germany, France, UK)
•Asia-Pacific ( China, Japan, India)
•Latin America ( Brazil)
•The Middle East & Africa

The inclination of industries toward process automation and improved operational competency drives growth in the Internet of Everything (IoE) market. Furthermore, rise in adoption of Internet of Everything (IoE)-based solutions among end users, high internet penetration, and decline in prices of smart sensors and Internet of Everything (IoE)-based devices are anticipated to offer huge market potential for the key industry players in the near future. However, lack of high-speed data connectivity among the developing and the underdeveloped countries and increase in cyberattacks negatively impact the growth of Internet of Everything (IoE) market.

Internet of Everything (IoE) Market:

About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.


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