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Internet of Things (IoT) Market Size, Opportunities And Strategies To 2027: COVID-19 Growth And Change

09-13-2021 01:14 PM CET | IT, New Media & Software

Press release from: Verified Market Research

Internet of Things (IoT) Market

Internet of Things (IoT) Market

The Internet of Things (IoT) Market was valued at USD 826.25 Million in 2019 and is projected to reach USD 3,281.55 Million by 2027, growing at a CAGR of 19.98% from 2020 to 2027.

Internet of Things is an operating system that captures information from devices or objects with the help of sensors, software, and other technologies to connect and send data with other devices or objects with the help of the internet. IoT systems have applications in various industries through their unique flexibility and abilities to fit any environment.

The latest research on the Internet of Things (IOT) market reports includes estimates and analysis at the world, regional and country levels. This study provides Historical Information 2016-2018 along with estimates from 2020 to 2027 which is supported by volume and income (USD million). The whole study includes the main drivers and restraints for the Internet of Things (IOT) market. This report includes a special part of the impact of Covid19. Also, the Internet of Things Market (IOT) (by key players, based Software Solution, based on applications, and leading areas) Outlook segments, business assessment, scenarios and competition trends. The report also provides a review of 360 degrees about the competitive landscape of the Internet of Things Industry (IOT).

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List of key players in the Internet of Things (IoT) Market:

The major players in the market are Intel Corporation, SAP SE, Cisco Systems, Inc., Microsoft Corporation, Oracle Corporation, International Business Machine (IBM) Corporation, PTC Inc., Google, Hewlett Packard Enterprise, Amazon Web Services, Inc. They have adopted various strategies including mergers & acquisitions, collaborations, partnerships, and others to gain stronghold in the industry.

Segmentation of Internet of Things (IoT) Market

By Software Solution

• Real-time Streaming Analytics
• Security solution
• Data management
• Remote monitoring system
• Network bandwidth management

By Platform

• Application Management
• Network Management
• Device Management

By Applications

• Building and home automation
• smart energy and utilities
• Smart manufacturing
• Connected Logistics
• Smart Retail
• Smart mobility and transportation

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Drivers :

The development of wireless network technology such as Wi-Fi, Bluetooth, Zigbee, Z-Wave, Insteon, and Digital Enhanced Condorless Telecommunications will lead to a larger individual base that is interested in buying IoT devices. The Global Internet of Things (IoT) Software Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

As part of the COVID-19 outbreak, the COVID Impact chapter of this report also analyzes in detail how the Internet of Things (IoT) industry will develop.

Report Scope

Report Attribute And Details

>> Market size available for years - 2020 - 2027
>> The base year considered - 2019
>> Historical data- 2016 – 2018
>> Forecast Period : 2020 – 2020
>> Segments Covered: Applications, End-Users, and more.
>> Regional Scope: North America, Europe, Asia

Internet of Things (IoT) Geographic Market Analysis:

- North America (USA, Canada, Mexico)
- Europe (Great Britain, France, Germany, Spain, Italy, Central and Eastern Europe, CIS)
- Asia Pacific (China, Japan, South Korea, ASEAN, India, rest of Asia Pacific)
- Latin America (Brazil, rest of LA)
- Middle East and Africa (Turkey, CCG, rest of the Middle East)

What's Included in the Report

• Global Internet of Things (IoT) market size and growth projection, 2020 - 2027
• Covid-19 has an impact on artificial intelligence after the industry with future scenarios
• Automotive intelligence aftermarket size, sharing, and prospects in 5 regions and 16 countries, 2020 - 2027
• Internet of Things (IoT) market size, CAGR, and market share of the main products, applications, and vertical end-users, 2020 - 2027
• Short-term and long-term automotive intelligence aftermarket trends, drivers, retraces, and opportunities
• Five analyses of Porter's strength, technology development in automotive intelligence after the market, Internet of Things (IoT) supply chain analysis
• Internet of Things (IoT) Trade Analysis, Internet of Things (IoT) Market Price Analysis, Internet of Things (IoT) Supply / Request
• Profile 5 Leading companies in Industrial-Overview, Main Strategy, Finance, and Products
• The latest Internet of Things (IoT) market news and development

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Contact us:

Miss. Rash Smith

Verified Market Research™

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Email: sales@verifiedmarketresearch.com

Website:- https://www.verifiedmarketresearch.com/

About Us: Verified Market Research™

Verified Market Research™ is a leading Global Research and Consulting firm that has been providing advanced analytical research solutions, custom consulting and in-depth data analysis for 10+ years to individuals and companies alike that are looking for accurate, reliable and up to date research data and technical consulting. We offer insights into strategic and growth analyses, Data necessary to achieve corporate goals and help make critical revenue decisions.

Our research studies help our clients make superior data-driven decisions, understand market forecast, capitalize on future opportunities and optimize efficiency by working as their partner to deliver accurate and valuable information. The industries we cover span over a large spectrum including Technology, Chemicals, Manufacturing, Energy, Food and Beverages, Automotive, Robotics, Packaging, Construction, Mining & Gas. Etc.

We, at Verified Market Research, assist in understanding holistic market indicating factors and most current and future market trends. Our analysts, with their high expertise in data gathering and governance, utilize industry techniques to collate and examine data at all stages. They are trained to combine modern data collection techniques, superior research methodology, subject expertise and years of collective experience to produce informative and accurate research.

Having serviced over 5000+ clients, we have provided reliable market research services to more than 100 Global Fortune 500 companies such as Amazon, Dell, IBM, Shell, Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi. We have co-consulted with some of the world’s leading consulting firms like McKinsey & Company, Boston Consulting Group, Bain and Company for custom research and consulting projects for businesses worldwide.

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