IoT Market ICT Industry Growing Trends, Demand Analysis and Top Leading Players Analysis 2023 Amazon Web Services, Autodesk SeeControl, BlackBerry

The major factors fueling the IoT Market include access to low-cost, low-power sensor technology, availability of high-speed connectivity, increase in cloud adoption, and Increasing use of data processing and analytics. Moreover, increase in smart city initiatives worldwide, increase in connected devices to drive the growth of IoT, and emerging 5G technology to help IoT adoption, globally would provide lucrative opportunities for IoT vendors. The global IoT market size is estimated to be worth US$ 35240 million in 2022 and is forecast to a readjusted size of USD 73450 million by 2030 with a CAGR of 11.1% during review period.

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Internet connectivity and connected devices present organizations with tremendous opportunities to extract relevant data, such as consumer behavior in retail outlets, for real-time marketing analysis, sensor-driven decision analytics, and instantaneous control response in complex autonomous systems. IoT connects companies and governments with all smart prospects, such as smart cities, smart transportation, and smart utilities, and enables them to get location-based data in real-time. Additionally, the high-speed network connectivity has created opportunities for various sectors, such as energy, healthcare, transportation, and other utility sectors, for better monitoring and efficient management of the entire infrastructure. The healthcare sector has already initiated the implementation of IoT across application areas, including remote consultation and monitoring, virtual health kiosks and portals, and electronic personal health records. The energy sector deploys IoT-based solutions for predictive maintenance, Asset Performance Management (APM), security, mobile workforce management, field surveillance and monitoring, and others. IoT in the transportation sector helps in congestion control, safety maintenance, city traffic surveillance, and crime reduction. 4G networks are upgraded to NB-IoT networks to provide pervasive public mobile IoT. They specifically focus on indoor coverage, low cost, long battery life, and high connection density. They are widely used in smart city projects, such as smart parking, environment monitoring, smart energy, and smart infrastructure.

Profitable players of the IoT market are:

Amazon Web Services
Autodesk SeeControl
BlackBerry
Bosch Software Innovations
Bright Wolf
C3 IoT
Carriots
Concirrus
Connio
Cumulocity
Davra Networks
Device Insight
EVRYTHNG
Exosite
GE

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Product types of the IoT industry are:

Perception Technology
Network Technology
Application Technology

Applications of this report are:

Artificial Intelligence
Connectivity
Networking
Sensing/Sensors
Databases
Others

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Essential regions of the IoT market are:

- IoT North America Market includes (Canada, Mexico, USA)
- IoT Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
- IoT Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
- Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
- IoT South America Market includes (Brazil, Argentina)

Global IoT Market Research FAQs

- What is the study period of this market?
- What is the growth rate of IoT Market?
- What is IoT Market size?
- Which region has highest growth rate in IoT Market?
- Which region has largest share in IoT Market?
- Who are the key players in IoT Market?

The IoT market research report contains the following TOC:
1 Report Overview
1.1 Study Scope
2 Global Growth Trends
2.1 Global Market Perspective (2017-2030)
2.2 Growth Trends by Regions
2.3 Global Industry Dynamic
3 Competition Landscape by Key Players
3.1 Global Top Players by Revenue
3.2 Global IoT Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Players Covered: Ranking by IoT Revenue
4 Global Breakdown Data by Provider
4.1 Historic IoT Market Size by Provider (2017-2023)
4.2 Forecasted IoT Market Size by Provider (2023-2030)
5 Breakdown Data by End User
5.1 Historic IoT Market Size by End User (2017-2023)
5.2 Forecasted IoT Market Size by End User (2023-2030)
6 North America
7 Europe
8 Asia-Pacific
9 Latin America
10 Middle East and Africa
11 Key Players Profiles
12 Analyst's Viewpoints/Conclusions
13 Appendix…

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