openPR Logo
Press release

Internet of Things Market Key Players, End User, Demand and Analysis Growth Trends by 2025

05-20-2020 08:36 AM CET | IT, New Media & Software

Press release from: TMR Research

TMR Research

TMR Research

Global Internet of Things Market: Snapshot

The Internet of Things (IoT) is impacting everything, right from bandwidth requirements to cloud capacity. It is expected that the number of everyday objects that can connect to the Internet will surpass PCs and smart phones by 2020. According to trade analysts, a majority of organizations have still not implemented Internet of Things technology but are either in the process of beginning its conception or will adopt the technology in the next few years. In addition to this, Wi-Fi, mobile computing, and real-time location tracking are important for firms to implement Internet of Things. Organizations continue to demand system integration and security, factors which continue to push companies in the field to come up with better solutions.

Most executives opine that no major change is needed in security protocols to handle the implementation of Internet of Things (IoT). Companies expect the technology of Internet IoT to enhance customer satisfaction and resource optimization. Additionally, the power, healthcare, and logistics sectors are anticipated to record significant adoption of IoT in the next few years.

The report provides an in-depth analysis of the expected timeframe for implementation of IoT solutions, in terms of both physical installation of the systems and raising awareness about the technology. As a nascent technology, global awareness about the Internet of Things is less than optimum and there is massive scope for expansion. Moreover, the report delivers an evaluation of technologies that are crucial for growth of IoT within organizations and potential business gains from Internet of Things (IoT) solutions.

Get Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1676

Global Internet of Things Market: Overview

Internet of Things (IoT) refers to an advanced technology featuring intelligent network that connects everyday devices and objects ranging from light switches and door bells to self-driven cars. It is aimed at enhancing user experience and efficiency, using data-gathering sensors, machine-to-machine communication, and cloud computing.

By technology, RFID, Zigbee, Wi-Fi, near field communication (NFC), and Bluetooth low energy can be the key segments of the global IoT market. Whereas, by application, the major segments can be energy management, manufacturing, consumer application, media, energy management, medical and healthcare, and others.

Global Internet of Things Market: Key Trends

Increasing use of smart devices such as smartphones, smart cars, and smart home appliances will ensure that the global market for IoT will keep flourishing over the forecast period. A rising number of business organizations and industries are increasingly deploying IoT solutions for enhancing their efficiency via process optimization. With the emergence of numerous low-cost smart devices such as media players, video cameras, portable navigation devices, and smart watches, the demand for IoT is likely to witness an upsurge. Increased need for efficiency and cost reductions, government initiatives, and technological advancement in healthcare are some key growth drivers of the market.

On the contrary, prospective security and privacy threats, along with concerns related to increased reliance of technology might restrict market growth. However, as big data analytics is being increasingly used across a number of industries such as transportation, energy and utilities, manufacturing, and healthcare, the market is likely to expand further.

Global Internet of Things Market: Market Potential

Several new products and services have been launched recently in the global IoT market. For instance, in March 2017, Express Logic announced the launch of the first-ever industrial grade IoT device-to-cloud solutions, which boast high performance and small footprint.

Smartron, an India-based startup, announced that it will introduce as many as eight new smart IoT products during the forthcoming period, with a view to strengthening its Tronx platform. This platform is primarily concerned with verticals such as personalized health, enterprise, smart home, smart energy, infrastructure, agriculture, and intelligent vehicles.

Global Internet of Things Market: Regional Outlook

Based on geography, the global market for IoT has been segmented into the Middle East and Africa, Europe, Latin America, Asia Pacific, and North America. The advanced nature of healthcare, automotive, and industrial sectors in North America has been contributing towards the expansion of the market in this region. The U.S. might lead this regional segment. The government regulations in countries such as Sweden, France, Spain, Italy, and Germany are triggering the growth of the IoT market in Europe.

Asia Pacific exhibits vast potential for expansion, with countries such as Singapore, India, Taiwan, Japan, Malaysia, China, and Indonesia accelerating market growth. The booming manufacturing industries in these countries, rising adoption of technology, and growing economies are the key market drivers of this region.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1676

Global Internet of Things Market: Competitive Analysis

The market appears to be highly fragmented on account of the presence of a large number of players, indicating the intense level of competition among them. A few new firms might enter the global market for IoT, further heightening the competition between the players. Several leading companies, core M2M vendors, and Internet and network service providers are engaging in mergers and acquisitions in order to extend their customer base.

Some of the major companies operating in the global market for IoT are Amazon, Qualcomm, Alcatel- Lucent, Google Inc., Apple Inc., Microsoft Corp., Intel Corp., Cisco Systems Inc., AT&T, Rockwell Automation, Dell, Schneider Electric, GE, PTC, Tech Mahindra, National Instruments, Texas Instruments, Huawei Technologies, Oracle, Tieto, Bosch Software Innovations, Zebra Technologies, Broadcom, Accenture, Ericsson, Samsung Electronics, HP, Telefonica, Siemens, Echelon, and Juniper Networks.

Buy now this report @ https://www.tmrresearch.com/checkout?rep_id=1676<ype=S

About TMR Research:

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today's supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients' conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends

Contact:

TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Internet of Things Market Key Players, End User, Demand and Analysis Growth Trends by 2025 here

News-ID: 2051867 • Views: 156

More Releases from TMR Research

Mobile Handset Protection Market Exclusive insight on Transformation 2025
Global Mobile Handset Protection Market: Snapshot Today, mobile phones have become integral to everyday functioning in a communication-driven ecosystem. This has necessitated the need for appropriate security measures for protection against device theft, damage, or misuse. Moreover, at the corporate level, the introduction of practices such as enterprise mobility and bring your own device (BYOD) has widened the application scope of smartphones. This has surfaced as a growth opportunity for product
Acoustic Wave Sensor (SAW and BAW) Market Newer segments of application 2025
Global Acoustic Wave Sensor (SAW and BAW) Market: Snapshot Acoustic wave sensors are a particular type of microelectromechanical systems, or MEMS, that depend on the use and modulation of acoustic waves in order to detect the presence of changes in a physical object or phenomenon. The acoustic wave sensor usually converts an electrical input into mechanical waves that can be influenced by the object or objects. This is because mechanical waves
Telepresence and Videoconferencing Market Analysis On Future Development 2025
Global Telepresence and Videoconferencing Market: Snapshot Telepresence refers to a technology bundle that can allow an individual or a group of people to achieve the sensation of being present at a different location. To do so they can also use telerobotics, and telepresence needs a user to achieve strongly the feeling of being present in a different intended location by providing them stimulus to single or multiple of their senses. More
Sapphire Technology Market Overview On Product Performance 2025 | Namiki Precisi …
Global Sapphire Technology Market: Snapshot Sapphires are a type of gemstone formed based off a specific type of aluminum oxide. While they are typically blue in color, there are certain sapphires that can be found in other colors, such as orange or green, while some sapphires may even show two or more colors. There is a wide range of non-ornamental applications for sapphires and sapphire technology. Some of the key uses

All 5 Releases


More Releases for IoT

Global IoT Gateway Market
Global IoT Gateway Market – Industry Analysis and Forecast (2018-2026) – by Node, Connectivity Technology, Component, Application, and Region. Global IoT Gateway Market was valued US$ 11.5 Bn in 2017 and is expected to reach US$ 85 Bn by 2026, at a CAGR of 28.41 % during the forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated
Global IoT Software Market
Global IoT Software Market is segmented into type, application, and geography. On the basis of type, a market is segmented into Real-time Streaming, Analytics Software, Security Solution Software, Data Management Software, Remote Monitoring System Software, and Network Bandwidth Management Software Global IoT Software Market was valued US$ 1.5 Bn in 2017 and expected to reach US$ 7.9 Bn in 2016, at CAGR 23.8% during forecast period. Browse Complete Premium Research
Global IOT Sensors Market
Global IOT Sensors Market – Industry Analysis and Forecast (2016-2024) Global IOT Sensors Market was valued at more than US$ 4 Bn in 2016 and is expected to cross US$ 45 Bn by 2024, at CAGR of more than 40%. The increase in IoT sensors market growth is driven by the certain key factors such as development of cheaper, smarter, and advanced sensors, rising market demand for smart devices and
IoT Data Management Market
The demand for IoT data management has increased due to widespread adoption of end-to-end data management platforms to capitalize IoT data more efficiently. Moreover, modernization of data warehouse architecture, rising need for data security and data traffic management, and rising implementation of IoT device security for data encryption are some of the other factors driving demand in this market. The global IoT data management market can be categorized based on type
Telecom IoT
Publisher’s market research analysts predict the global telecom IoT market to grow steadily during the forecast period and post an impressive CAGR of more than 42% by 2020. This industry research report identifies the growing adoption of intelligent transportation systems (ITS) to be one of the major factors that will have a positive impact on the growth of this market in the coming years. In addition to enabling operators to
IoT Processor Market
In this connected world, internet of things (IoT) is fueling every aspect of human lives. The data that is generated every day from these connected devices is humongous. Proper functioning of these connected devices requires real time exchange of data and information amongst them so that they can solve human problems. In another word IoT means more data, more sensors, agile responses, end-to-end connectivity and smarter user interfaces. All these