Global Consumer IoT Market Is Projected To Reach A Revised Size Of Us$ 170330 Million By 2028, Growing At A Cagr Of 14.8% During The Forecast Period 2022-2028

Report Overview

Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Consumer IoT estimated at US$ 74450 million in the year 2022, is projected to reach a revised size of US$ 170330 million by 2028, growing at a CAGR of 14.8% during the forecast period 2022-2028.

In the consumer Internet of Things market, as the number of connected devices increases, the amount of data continues to increase. These huge amounts of data are driving the development of the data management software market. By implementing IoT data management software, the company's goal is to gain competitive advantage through predictive analytics and optimize its business operations. In addition, a large number of interconnected devices control physical infrastructure and add connectivity, making these devices and their networks more vulnerable to cyber attacks, leading to a surge in demand for highly complex security solutions in the IoT market.

Los Angeles, United States November 2022,- The research study presented here is a brilliant compilation of different types of analysis of critical aspects of the global Consumer IoT market. It sheds light on how the global Consumer IoT market is expected to grow during the course of the forecast period. With SWOT analysis and Porter's Five Forces analysis, it gives a deep explanation of the strengths and weaknesses of the global Consumer IoT market and the different players operating therein. The authors of the report have also provided qualitative and quantitative analyses of several microeconomic and macroeconomic factors impacting the global Consumer IoT market. In addition, the research study helps to understand the changes in the industry supply chain, manufacturing process and cost, sales scenarios, and dynamics of the global Consumer IoT market.

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Report Scope

This latest report researches the industry structure, revenue and gross margin. Major players' headquarters, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Consumer IoT companies, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases.

This report also includes a discussion of the major players across each regional Consumer IoT market. Further, it explains the major drivers and regional dynamics of the global Consumer IoT market and current trends within the industry.

Key Companies Covered

In this section of the report, the researchers have done a comprehensive analysis of the prominent players operating and the strategies they are focusing on to combat the intense competition. Company profiles and market share analysis of the prominent players are also provided in this section. Additionally, the specialists have done an all-encompassing analysis of each player. They have also provided reliable revenue, market share and rank data of the companies for the period 2017-2022. With the assistance of this report, key players, stakeholders, and other participants will be able to stay abreast of the recent and upcoming developments in the business, further enabling them to make efficient choices. Mentioned below are the prime players taken into account in this research report:

Qualcomm

Texas Instruments

NXP Semiconductors

Intel

Stmicroelectronics

International Business Machines

General Electric

Symantec

TE Connectivity

Schneider Electric

Cisco Systems

Amazon

Apple

Alphabet

LG Electronics

Samsung Electronics

Sony

Microsoft

AT&T

Honeywell

Hewlett Packard Enterprise

Market Segments

This report has explored the key segments: by Type and by Application. The lucrativeness and growth potential have been looked into by the industry experts in this report. This report also provides revenue forecast data by type and by application segments based on value for the period 2017-2028.

Consumer IoT Segment by Type

IoT Node Component

IoT Network Infrastructure

Internet of Things Solution

Internet of Things Service

Consumer IoT Segment by Application

Wearable Device

Consumer Electronics Products

Medical Insurance

Home Automation

Car

Other

Key Regions & Countries

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the value data of each region and country for the period 2017-2028.

North America

United States

Canada

Europe

Germany

France

UK

Italy

Russia

Nordic Countries

Rest of Europe

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Australia

Rest of Asia

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the Consumer IoT market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Report Includes:

This report presents an overview of global market for Consumer IoT market size. Analyses of the global market trends, with historic market revenue data for 2017 - 2021, estimates for 2022, and projections of CAGR through 2028.

This report researches the key producers of Consumer IoT, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Consumer IoT, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Consumer IoT revenue, market share and industry ranking of main companies, data from 2017 to 2022. Identification of the major stakeholders in the global Consumer IoT market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by type and by application, revenue, and growth rate, from 2017 to 2028. Evaluation and forecast the market size for Consumer IoT revenue, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Qualcomm, Texas Instruments, NXP Semiconductors, Intel, Stmicroelectronics, International Business Machines, General Electric, Symantec and TE Connectivity, etc.

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