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Consumer IoT Market 2022 Segment Overview, Company Profiles, Regional Analysis and Forecast 2030

01-25-2022 12:39 PM CET | IT, New Media & Software

Press release from: SDKI

Consumer IoT Market 2022 Segment Overview, Company Profiles,

SDKI Inc. published a new report on "Consumer IoT Market-World Forecast 2022-2031". This study includes the statistical and analytical approaches needed to grow the consumer IoT market. The key industry insights provided in the report provide readers with better ideas about market overviews regarding existing market scenarios. In addition, the report contains a detailed discussion of current and future market trends related to market growth.

Report sample URL
https://www.sdki.jp/sample-request-115267

The consumer IoT market is estimated to grow from a market value of US $ 74.38 billion in 2022 to US $ 255.87 billion by 2031, with a CAGR of 16.70% during the 2022-2031 forecast period.

Consumer IoT is a type of Internet of Things, the main difference is the application and it is used. Located on the device. For ease of use and communication, the Internet of Things connects a variety of devices, networks and systems. Smart houses are an ideal example of consumer IoT. It integrates all smart devices into the same network, facilitating consumer communication and use.

Increased fitness awareness and increased disposable income in developing countries are key drivers of the growth of the consumer IoT market during the forecast period. In addition, consumer IoT is increasing consumer preference for convenience and better lifestyles with IoT, increasing attention to remote home monitoring, and tightening government regulations on the security of IoT devices. It contributes to the growth of the market. In addition, the proliferation of Internet users and the adoption of smart and multimedia devices will create growth opportunities for the consumer IoT market between 2022 and 2031.

However, the increased power consumption of connected devices and the increased risk of device malfunctions can curb the growth of the consumer IoT market during the forecast period.

Consumer IoT market segment

The consumer IoT market is divided by offering (network infrastructure, solutions, services, node components), by end user (wearable devices, healthcare, consumer electronics, automotive, home automation), and by region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Report sample URL

https://www.sdki.jp/sample-request-115267

Based on the offering, the consumer IoT market is divided into network infrastructure, solutions, services, and nod components. The solution segment is expected to register the largest CAGR during the forecast period. The solution segment consists of platforms and software. The main strengths and weaknesses of consumer IoT are the range of interconnectivity. Interoperability is a high risk if the network to which the smart device is connected is vulnerable to cybersecurity attacks and data breaches. In such cases, highly sophisticated security solutions play an important role in addressing this issue. This is driving demand for the solution segment.

Regional overview of the consumer IoT market The

consumer IoT market is further subdivided based on the region, and the market growth of each country is evaluated. These include North America (US, Canada, and other North America), Europe (Germany, France, Italy, Spain, UK, and other Europe), Asia Pacific (China, Japan, India, Australia, Singapore, and others). Asia Pacific) and other regions.

The North American region is expected to dominate the consumer IoT market during the forecast period. This is due to the growing demand for smart devices from wearables, consumer electronics, and home automation applications. In addition, increasing health awareness due to the increase in chronic diseases and an increase in the number of diabetic patients are also contributing to the growth of the consumer IoT market. Increasing adoption of smart connected devices and rapid digitization across a variety of consumer end-use applications are further accelerating the growth of IoT in North America.

Details of the survey report

https://www.sdki.jp/press-details/consumer-iot-market/358

Key Players in the Consumer IoT Market

Key Players in the Consumer IoT Market include Qualcomm Technologies Inc., Texas Instruments Incorporated, Hewlett Packard Enterprise Development LP, Amazon.com Inc., AT & T Intellectual Property, Intel. Corporation, Schneider Electric, Sony Corporation, GENERAL ELECTRIC, TE Connectivity and more. The survey includes in-depth competitive analysis, corporate profiles, recent developments, and key market strategies for these major companies in the consumer IoT market.

Contact Us

Hina Miyazu
15/F Cerulean Tower, 26-1 Sakuragaoka-cho
Tokyo, Shibuya-ku, Japan
+ 81345720790
sales@sdki.jp

SDKI Inc. Company Profile

SDKI Inc.'s goal is market scenarios in various countries such as Japan, China, the United States, Canada, the United Kingdom, and Germany. Is to clarify. We also focus on providing reliable research insights to clients around the world, including growth indicators, challenges, trends and competitive environments, through a diverse network of research analysts and consultants. With SDKI gaining trust and a customer base in more than 30 countries, SDKI is even more focused on expanding its foothold in other pristine economies.

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