Press release
Internet Of Things (IoT) In Healthcare Market: Size And Trends Shows A Rapid Growth By 2030 - Medtronic plc, Koninklijke Philips NV, Cisco Systems Inc, International Business Machines Corporation, GE Healthcare
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The global internet of things (IoT) market report by the business research company identifies application of IoT in various industries such as automotive industry to be a major growth driver for the internet of things (IoT) market. The introduction of IoT in the automotive industry has opened up new opportunities for carmakers and consumers worldwide. IoT has become a popular hotspot for varied multifunctional applications in the automotive sector. IoT offers enhanced communication, control and data delivery at any transportation point. Major companies like Mercedes-Benz, Volkswagen, Volvo, Toyota and Google Inc. are increasingly investing in developing smart cars with rich features that offer healthier, more convenient and more enjoyable driving experiences. According to UBS, 12% of the total cars sold in 2030 will be for autonomous taxi fleets with 26 million driverless taxis in operation worldwide, approximately.
The global IoT market grew from $326.9 billion in 2021 to $396.34 billion in 2022 at a compound annual growth rate (CAGR) of 21.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The IoT market is expected to grow to $848.38 billion in 2026 at a CAGR of 21.0%.
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Asia Pacific was the largest region in the IoT market in 2021. North America was the second largest region in the IoT market. The regions covered in IoT report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the IoT market are Cisco Systems, Inc., Microsoft Corporation, Oracle Corporation, International Business Machine (IBM) Corporation, Google Inc., Hewlett-Packard Enterprise, Amazon Web Services Inc. , Bosch Software Innovation GmbH, Huawei Technologies, Intel Corporation, AT & T Inc., Hitachi Data Systems, General Electric, Bright Wolf, C3 IoT, Carriots, Concirrus, Connio, Cumulocity, Davra Networks, Device Insight, EVRYTHNG, Exosite, Autodesk SeeControl, BlackBerry, Alcatel-Lucent, Fujitsu Ltd., Dell Inc., PTC Inc., and SAP SE.
The global IoT market is segmented -
1) By Platform: Device Management, Application Management, Network Management
2) By End Use Industry: BFSI, Retail, Government, Healthcare, Manufacturing, Transportation, IT & Telecom, Others
3) By Application: Building And Home Automation, Smart Energy And Utilities, Smart Manufacturing, Connected Logistics, Smart Retail, Smart Mobility And Transportation, Others
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The Internet Of Things (IoT) Market Report Contents Include
1. Executive Summary
2. Internet Of Things (IoT) Market Characteristics
3. Internet Of Things (IoT) Market Trends And Strategies
4. Internet Of Things (IoT) Market - Macro Economic Scenario
5. Internet Of Things (IoT) Market Size And Growth
....
28. Key Mergers And Acquisitions In The Internet Of Things (IoT) Market
29. Internet Of Things (IoT) Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the internet of things (IoT) market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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