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Internet of Everything Market - Analysis, Growth, Drivers, Restraint, Trend and Forecast

08-09-2017 12:49 PM CET | IT, New Media & Software

Press release from: Allied Market Research

IOE Market

IOE Market

Internet of Everything (IoE) refers to the network of embedded computing devices that are interrelated distinctively in the existing internet infrastructure. It is a networked connection of people, process, data, and things. The emergence of Internet of Everything (IoE) technology has addressed the rise in needs for better lifestyles and energy optimization. The growth of portable devices, such as smartphones and tablets, support the new technology evolution. The global Internet of Everything (IoE) market is segmented into hardware, software, and services based on component type. In addition, the market includes several industry verticals, such as government, retail, Banking, Financial Services, and Insurance (BFSI), healthcare, IT & telecom, manufacturing, energy & utilities, transportation & logistics, and others (automotive, education, consumer electronics, and media & entertainment).

Get PDF Brochure of IOE Market Study@ https://www.alliedmarketresearch.com/request-sample/2151

Drivers, Restraints, and Opportunities

Increase in Government Initiatives to Adopt Internet of Everything (IoE) Technologies

Government organizations in the developed and the developing nations, such as Germany, Russia, India, Mexico, and Brazil, focus on introducing various IT projects to encourage the end users to increase expenditures on innovative technologies to enhance customer experience. For instance, the Malaysian Ministry of Science, Technology, and Innovation (MIMOS) launched the National Internet of Things (IoE) Strategic Roadmap in July 2015 to drive the adoption of Internet of Everything (IoE), which is expected to contribute $2.49 billion to the countrys gross national income by 2020.

Introduction of Smart Sensors and Devices

The growth in automation of manufacturing and operational processes across the industrial sector has encouraged the demand for smart sensors and devices. In addition, enhancing Internet of Everything (IoE) component providers to come up with advanced sensors, systems, and solutions to meet customer expectation. For instance, in 2016, ABB Ltd. in collaboration with EM Microelectronic developed a smart sensor hardware that is used to transform traditional motors into an intelligent machine. It allows operators to get regular updates regarding operating conditions of the motor and scheduled repair & maintenance.

Access Full Summary@ https://www.alliedmarketresearch.com/internet-of-everything-market

Internet of Everything (IoE) Market Key Segments

By Component

• Hardware
• Software
• Services

By Industry Vertical

• Government
• Retail
• BFSI
• Healthcare
• IT & Telecom
• Manufacturing
• Energy & Utilities
• Transportation & Logistics

Key Market Players

• Amazon Web Services, Inc.
• AT&T, Inc.
• Cisco Systems, Inc.
• IBM Corporation
• Hewlett Packard Enterprise Development LP
• Microsoft Corporation
• Google, Inc.
• Bosch Software Innovations GmbH
• Fujitsu, SAP SE.

The other key players include General Electric (GE), Royal Dutch Shell, Peach John Co. Ltd, Sams West, Inc., Wal-Mart Stores, Inc., ABB Ltd., Daimler AG, Qualcomm Technologies, Inc., C-Labs Corporation, Wipro, and Software AG.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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E-mail: sales@alliedmarketresearch.com

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