Covid-19 Impact on Internet of Things (IoT) Market to Witness Huge Growth by Key Players: IBM, Royal Phillips, Stanley Healthcare, Microsfot, Oracle, Bosch, CloudMinds, XAG, CBT, PTC PTC, Rockwell Automation, Honeywell and Others.

According to Market Study Report, Internet of Things (IoT) Market provides a comprehensive analysis of the Internet of Things (IoT) Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape and market share information in the Internet of Things (IoT) Market. An exclusive data offered in this report is collected by research and industry experts team. This report spread across 73 pages, profiling 25 companies and supported with 12 tables and 31 figures are now available in this research.

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The outbreak of the COVID-19 has been so strong that it has halted all operations across verticals. Several industries are struggling to cope up with the rising challenges of personnel lives. As a result, countries have either shut down several operations for now or are running industries at 25% capacity. The majority of the countries across the globe have provided work from home facilities for employees amid the COVID-19 outbreak.

Top Key Players Profiled in the Internet of Things (IoT) Market:
o IBM (US)
o Royal Phillips (Netherlands)
o Stanley Healthcare (US)
o Microsfot (US)
o Oracle (US)
o Bosch (Germany)
o CloudMinds (US)
o XAG (China)
o CBT (US)
o PTC PTC (US)
o Rockwell Automation (US)
o Honeywell (US)
o GE Digital (US)
o Intel (US)
o Siemens (Germany)
o Ericsson (Sweden)
o Hitachi Vantara (US)
o ABB (Switzerkland)
o NEC Corporation (Japan)
o Telit (UK)
o Sierra Wireless (Canada)
o Itron (US)
o Arad Group (Israel)
o Cisco (US)
o Medtronic (Ireland)
o SAP (Germany)
o Software AG (Germany)
o AWS (US)
o Softweb Solutions (US)
o Google (US)
o hIOTron (India)
o Sony(Japan)
o Capgemini (France)
o Adobe (US)
o NTT Communications (Japan)
o Happiest Minds (India)
o Vodafone (UK)
o TCS (India)
o DXC (US)
o Infosys (India)
o Verizon (US)
o Service Group (US)
o Cognizant (US)
o Accenture (Ireland)

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"The transportation segment to show the highest growth rate during the forecast period"
According to Flightradar24, there has been an unprecedented decline in air traffic, and the number of daily flights has reduced by 60-70%. The focus of governments has shifted toward adopting measures for safeguarding citizens, and several innovation projects are taking a hit. The application of IoT is still opening new revenue streams by facilitating real-time tracking of vehicles and providing monitoring feeds of passengers. The monitoring feeds of passengers help in the checking of passenger travel histories to identify if the passenger needs to be quarantined.

"The healthcare segment to record higher investment and growth in 2020"
IoT in healthcare offers significant life conforming benefits and has become a major adopter of technology. With the rising number of chronic ailments, IoT has already found its way in the healthcare sector, with numerous applications, such as telemedicine, connected imaging, inpatient monitoring, medication management, connected health, connected worker, connected ambulance, along with many others. The recent outbreak of the COVID-19 has led IoT healthcare solution providers to quickly render solutions for combatting the rising demand for high-quality services for protection against the virus.

"North America to record the highest market share in the impact of COVID-19 on Internet Of Things market in 2019"
North America holds the largest market share in the impact of COVID-19 on Internet Of Things solutions across the major verticals. COVID-19 has severely affected the North American region due to various factors, such as the high number of immigrants traveling in the region, no initial stage lockdown in the country, and presence of a large number of virus carriers in the country at once, spreading the disease at a rapid pace. The region majorly consists of two countries: the US and Canada.

Breakdown of primary participants' profile:
o By Company Type: Tier 1 - 45%, Tier 2 - 35%, and Tier 3 - 20%
o By Designation: C-level - 25%, Directors - 40%, and Others - 35%
o By Region: North America - 40%, Europe - 35%, APAC - 20%, and RoW- 5%

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Reason to access this report:
The report is expected to help the market leaders/new entrants in this market by providing them information on the closest approximations of the revenue numbers for the overall impact of COVID-19 on the Internet Of Things market and its segments. This report is also expected to help stakeholders understand the competitive landscape and gain insights to improve the position of their businesses and to plan suitable go-to-market strategies.

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