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IoT Connectivity Solutions Market 2019 Global Analysis, Opportunities, Growth and Forecast to 2025

12-07-2019 09:55 AM CET | IT, New Media & Software

Press release from: WISE GUY RESEARCH CONSULTANTS PVT LTD

/ PR Agency: WISE GUY RESEARCH CONSULTANTS PVT LTD
Market Overview

With technology moving forward by leaps and bounds, the interface between humans and machines is shrinking. Today, the Internet of Things (IoT) can connect objects, machines, and appliances directly to a network and allow them to transmit data in real-time. IoT connectivity solutions involve the use of different technologies like Bluetooth, Wi-Fi, Radio Frequency Identification (RFID), LTE, Low Power Wide Area Network (LPWAN), Ethernet, to name a few. These technologies depending on range (short-range, medium-range, long-range and wired) can be used to connect everything from home appliances to entire factories.

The type of IoT connectivity solution required depends on the application. For example, an application like monitoring of infrastructures, such as bridges and roads, would require a solution that has low energy consumption and a long period of operation without having the need to recharge it. One the other hand, an application like retail may need a solution that can transmit data frequently and in large amounts.

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The IoT connectivity solutions market is on the upswing due to the rising adoption of IoT in various industries as well as the rise of smart buildings. Manufacturing; logistics, supply chain and warehousing; construction; e-commerce, retail and wholesale; infrastructure and structural health monitoring; agriculture are some of the industries that can benefit from IoT. A typical IoT network architecture is comprised of a device, gateway, and data centre, or the Cloud.

key players :
AT&T (US)
Cisco (US)
Verizon (US)
Vodafone (UK)
Ericsson (Sweden)
Sierra Wireless (Canada)
Orange (France)
Telefónica (Spain)
Huawei (China)
Telit (Italy)
Hologram (US)
Particle (US)
Aeris (US)
Sigfox (France)
EMnify (Germany)
Moeco (US)

Segmentation

By Industry

Home and Building Automation
Manufacturing
Logistics, Supply Chain and Warehousing
Construction
Smart Cities
E-commerce, Retail and Wholesale
Infrastructure and Structural Health Monitoring
Agriculture
Transportation
Healthcare and Life Sciences

By Type of Connection

Short-range Wireless:
Bluetooth
Wi-Fi
Li-Fi
ZigBee
Radio Frequency Identification (RFID)
Near Field Communication (NFC)
Medium-range Wireless:
LTE (mobile networks)
Long-range Wireless:
Low Power Wide Area Network (LPWAN)
Very Small Aperture Terminal (VSAT)
Wired:
Ethernet
Power Line Communication

By Application

Based on the amount of data transmitted.
Based on the power requirement.
Based on the size of the device.
Based on the frequency of data transfer.
Based on the operating location of the device.

Regional Overview

McKinsey estimates that the IoT market will reach $581 billion by 2020 at a Compounded Annual Growth Rate (CAGR) between 7%-15%. The market can be segmented region-wise as Asia-Pacific, North America, Europe, Latin America, the Middle East and North Africa (MENA), the Commonwealth of Independent States (CIS), and Sub-Saharan Africa. According to a report by EY, Asia-Pacific is the leading market with the highest number of IoT connections at 2.8 billion, followed by North America at 1.9 billion, and Europe at 1.7 billion. The estimated potential in terms of IoT connections for Asia-Pacific by 2025 is the highest at 10.9 billion. The estimated connections by 2025 for North America and Europe are 5.8 billion and 4.9 billion respectively. APAC, North America and Europe are, thus, will continue to be the leading markets for IoT connectivity solutions in the future.

Industry News

Microsoft, in partnership with Qualcomm, has been reported to be developing a cellular chip for the Microsoft Azure Sphere Internet of Things operating system. Ericsson and Brighter are working on the world’s first complete IoT healthcare solution for monitoring and treatment of diabetes. In India, Vodafone has partnered with Revolt Intellicorp to provide IoT connectivity solutions for the first AI-enabled electric motorcycle in India. 

Table of Contents

1 Report Overview

2 Global Growth Trends

3 Market Share by Key Players 

4 Breakdown Data by Type and Application

5 United States

6 Europe

7 China

8 Japan

9 Southeast Asia

10 India

11 Central & South America

12 International Players Profiles

13 Market Forecast 2019-2025

14 Analyst's Viewpoints/Conclusions

15 Appendix

……Continued

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Contact Us:

Norah Trent

Partner Relations & Marketing Manager

sales@wiseguyreports.com                                                                               

Ph: +1 (339) 368 6938 (US)

Ph: +44 208 133 9349 (UK)

ADDRES:
WISE GUY RESEARCH CONSULTANTS PVT LTD
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India

ABOUT US:
Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories.

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