02-01-2017 10:04 AM CET - IT, New Media & Software
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Internet of Things Market to Expand at a CAGR of 36.5% to 2020 Due to Rise in Healthcare Sector

Press release from: Internet of Things


Albany, NY, 31 JAN : IoT is a web of physical devices connected to the Internet, enabled by sensors and software to collect and transmit data. Using IoT users can collect massive amount of data and convert into meaningful information by with the help of advance analytics techniques.
The concept of IoT has evolved with the introduction of automated machines, such as automated teller machines (ATMs) and advanced interaction technologies like machine-to-machine (M2M) and human-to-machine (H2M). All these allow the users to establish seamless communications.

Technavios analysts forecast the global internet of things (IoT) market in healthcare sector to grow at a CAGR of 36.5% during the period 2016-2020.

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Covered :
The report covers the present scenario and the growth prospects of the global internet of things (IoT) market in healthcare sector for 2016-2020. To calculate the market size, we consider revenue generated from segments, such as medical devices, software and system applications, and connecting technologies.

Segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Internet of Things (IoT) Market in Healthcare Sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Cisco Systems
GE Healthcare
Philips Healthcare
IBM
Qualcomm

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Other prominent vendors
Ericsson
Honeywell Life Care Solutions
Intel
Medtronic
Microsoft
NXP
SAP
Stanley Healthcare
Temboo
Cognizant
Zebra Technologies

Key driver
Highly competitive IoT market
For a full, detailed list, view our report

Key challenge
High cost of implementation
For a full, detailed list, view our report

Key trend
Developments in sensor technologies and communication devices
For a full, detailed list, view our report

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This release was published on openPR.
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