Press release
IoT in Consumer Electronics Market Attracts Investor Interest with Unparalleled Growth Rates
Global IoT in Consumer Electronics Market Information, By Application (Home System, Smartphones & Tablets, PCs), By Sensor (Accelerometer, Light Sensor, Pressure Sensors, Temperature Sensor), By Deployment (On-Premise, Cloud) - Forecast 2016-2027Market Synopsis of IoT in Consumer Electronics Market
Market Scenario
IoT is a network of physically connected devices with help of software, sensors, electronic equipment’s and network connectivity to exchange and communication of data and information with or without human presence. From the couple of years, as the technology is growing has been grown, IoT has bought the revolutionary change in the consumer electronic market. Currently IoT in consumer electronic market has been valued at US $XX billion. This market is growing with the CAGR of XX% and expected to reach US $XX billion by the end of forecasted period.
Market Segmentation
Segmentation by Application Verticals: Smart Home, Smartphones & Tablets, PCs and laptops, Smart Wearable devices and other.
Segmentation by Sensor: Accelerometer, Light Sensor, Pressure Sensors, Temperature Sensor, Gyroscopes Sensor.
Segmentation by Deployment: On-Premise & Cloud.
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Regional Analysis
North America is dominating the market of IoT in Consumer Electronics. A study shows that by the 2020 in five one house will have a smart home device in the US. Currently North accounts for XX% of market share and has been valued at US $XX billion. It is expected that in North America IoT in Consumer Electronics market will reach the market size of US $XX billion by the end of forecasted period. Europe stands as second biggest market for IoT in Consumer Electronics which accounts for XX% of market share and expected to reach the market size of US $XX billion by the end of forecasted period. Asia-Pacific has emerged as fastest growing market with the CAGR of XX% and expected to holds XX% of market share by the end of forecasted period.
Key players
The key players in this market are- Intel (U.S.), IBM (U.S.), Gainspan (U.S.), Apple Inc. (U.S.) Particle.io (U.S.) Libelium Comunicaciones (Spain), Qualcomm Technologies (U.S.), Silicon Laboratories (U.S.), Lantronix, Inc. (U.S.), ARM Holdings Plc., (U.K.) among others.
Industry News
In May 2016, Intel announced the demo testing of Puma 7 Home Gateway.
In April 2016, Gainspan Corp. introduced the new product in HD Streaming Video/Audio Platform for Smart Homes which can be operated through smartphones.
In February 2016, Qualcomm Technologies introduced a new IP camera which can be used for safety and security and can be operated through mobiles and other devices.
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The reports also covers brief analysis of Geographical Region includes:
Americas
North America
US
Canada
Europe
Western Europe
Germany
France
Italy
Spain
U.K.
Rest of Western Europe
Eastern Europe
Asia– Pacific
Asia
China
India
Japan
South Korea
Rest of Asia
Pacific
The Middle East& Africa
The report for Global IoT in Consumer Electronics Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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