IoT Connectivity Market Study Report Based on Size, Shares, Key Prospects, Industry Trends and Forecast to 2028

The global Internet of Things (IoT) connectivity market size is expected to reach USD 4.52 Billion at a steady CAGR of 18.7% in 2028, according to latest analysis by Emergen Research. This steady market revenue growth can be attributed to increasing demand for IoT controlled devices in smart manufacturing, smart kitchen appliances, smart transportation, and smart grid systems. Rapid increase of IoT connectivity deployment in various applications such as Radio Frequency Identification (RFID), Bluetooth connectivity, cellular networks, satellite networks, Low Power Wide Area Network (LPWAN), and Wi-Fi connectivity are other key factors contributing significantly to global market growth.

Increasing focus on enhancing consumer experience and to provide improved data security and high-speed network connectivity as well as to improve support and maintenance services has been boosting deployment of IoT connectivity more recently. Technological advancements in communications and to deploy 5G networks and satellite networks to cater to rising demand for high-speed connectivity are factors also expected to fuel growth of the global Internet of Things connectivity market during the forecast period.

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Some Key Highlights From the Report

• In March 2021, Telefónica Tech, which is the unit that encompasses the digital businesses of Cloud, Cybersecurity, and IoT & Big Data & Blockchain; Fibocom Wireless Inc., which is the world's leading provider of wireless communication modules and solutions in the IoT sector, and aitos.io, which is a technology start-up focused on the integration of IoT and Blockchain technologies, signed a collaboration agreement to create joint solutions that combine Internet of Things and Blockchain technologies.
• IT & telecommunication segment accounted for a significantly large revenue share in the Internet of Things connectivity market in 2020. Increasing adoption of electronics devices to exchange information and for communication and digital transformation in healthcare, education, and manufacturing sectors is expected to further support deployment of IoT connectivity.
• North America accounted for largest revenue share contribution to the global signal conditioning modules market in 2020. Rising focus on enhancing customer experience, enhancement of utility and networking in support and maintenance of organizations are other factors driving growth of the Internet of Things connectivity market in the region, and the trend is expected to continue over the forecast period.
• Major companies in the market include Huawei Technologies Co., Ltd., Jasper Technologies, Inc. (Cisco), AT&T Inc., Telefónica, S.A., Ericsson, Vodafone Limited, Verizon Communications, Orange Business Services, Sierra Wireless, and Hologram Inc.

Emergen Research has segmented the global IoT connectivity market on the basis of component, organization, application, end use, and region:

• Component Outlook (Revenue, USD Billion; 2018–2028)
o Platform
o Services
• Enterprise size Outlook (Revenue, USD Billion; 2018–2028)
o Large Enterprise
o Small and Medium Enterprise
• Application Outlook (Revenue, USD Billion; 2018–2028)
o Building & Home Automation
o Smart Energy & Utility
o Smart Manufacturing
o Smart Grid
o Smart Retail
o Smart Transportation
o Others
• End Use Outlook (Revenue, USD Billion; 2018–2028)
o Education and Healthcare
o Defense &Aerospace
o IT & Telecommunication
o Retail & E-commerce
o Manufacturing
o Others

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In conclusion, the report on the Internet of Things (IoT) Connectivity industry is a detailed assessment of the market that offers the readers insightful data on the workings of the Internet of Things (IoT) Connectivity sector, along with the global and regional scenarios. It also provides a competitive advantage to the reader to assist them in capitalizing on the prominent aspects of the Internet of Things (IoT) Connectivity market.

Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2028
Chapter 3. Key Insights
Chapter 4. IoT Connectivity Market Segmentation & Impact Analysis
4.1. IoT Connectivity Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing high speed network connectivity
4.2.2.2. Technological advancement in connected devices
4.2.2.3. Rising focus on consumer experiences
4.2.3. Market restraints analysis
4.2.3.1. Highly competitive with presences of local & global players
4.2.3.2. Rising concern regarding data security and cyber attack
4.2.3.3. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. IoT Connectivity Market By Component Insights & Trends, Revenue (USD Billion)
5.1. Component Dynamics & Market Share, 2018 & 2028
5.1.1. Platform
5.1.2. Services

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