Press release
IoT Devices Global Market Top Key Players – Carrier Corp, Ecobee, Honeywell, Nest Labs, Motorola, Samsung - Analysis and Forecast to 2021
IoT Devices Market 2017The Internet-of-Things (IoT) is a network of physical devices that are interconnected through various network technologies. The global market for IoT devices is positively influenced by factors like the changing consumers’ lifestyle and growing preference for technologically advanced products, which results in its profound CAGR of more than 43% by 2019.
Recent increase in the number of smart homes is a major driver that influences growth in this market during the forecast period. A smart home connects domestic appliances like heating modules, air conditioning units, television sets, lighting systems, PCs, entertainment systems, security devices, and camera systems using communication units such as smartphones and connected tablets. Since smart homes offer the user complete operational control over appliances, their augmented demand during the forecast period is expected to result in this market’s impressive growth by 2019.
Competitive landscape and key vendors
Since this market is still in its nascent stage, high growth is expected during the forecast period. However, at present, this market is dominated by a few large enterprises like Carrier Corp., LG, and Honeywell International as they have extensive product portfolios.
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Key vendors in this market are -
Carrier Corp.
Ecobee
Honeywell International Inc.
Ingersoll-Rand plc
Nest Labs
LG
Motorola
Pebble
Samsung
Sony
AGC Group
DuPont
PPG Industries
Saint-Gobain
Product-based segmentation of the IoT devices market
Smart refrigerators
Smart lighting system
Smart ACS
Smart watches
Smart thermostats
Smart glasses
The market research analyst has estimated the smart lighting system segment to account for more than 45% of the total market share by 2019.
The growing focus on energy consumption and the introduction of strict government policies pertaining to energy consumption are the major growth impelling factors in this segment during the forecast period.
Geographical segmentation of the IoT devices market
Americas
APAC
EMEA
In this market study report, analysts estimate factors like rapid advances in technology and changing consumer preferences over the usage of electronic devices to spur market growth in the Americas during the forecast period.
The Americas currently dominate this market in terms of revenue shares and is expected to reach close to 49% by 2019.
Key questions answered in the report include
What will the market size and the growth rate be in 2019?
What are the key factors driving the global IoT devices market?
What are the key market trends impacting the growth of the global IoT devices market?
What are the challenges to market growth?
Who are the key vendors in the global IoT devices market?
What are the market opportunities and threats faced by the vendors in the global IoT devices market?
Trending factors influencing the market shares of the EMEA, Americas, and APAC?
What are the key outcomes of the five forces analysis of the global IoT devices market?
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Table of Contents –Analysis of Key Points
PART 01: Executive summary
• Highlights
• Market overview
• Top-vendor offerings
PART 02: Scope of the report
• Research methodology
PART 03: Market research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by product
• Global IoT devices market by product 2014-2019
• Global IoT devices market by smart refrigerators
• Global IoT devices market by smart lighting
• Global IoT devices market by smart AC
• Global IoT devices market by smart watches
• Global IoT devices market by smart thermostats
• Global IoT devices market by smart glasses
PART 07: Geographical segmentation
• Global IoT devices market by geographical segmentation 2014-2019
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
• Smart refrigerators
• Smart lighting
• Smart AC
• Smart thermostats
• Smart watches
• Smart glasses
PART 14: Key vendor analysis
• Carrier
• ecobee
• Honeywell International
• Ingersoll-Rand
• Koninklijke Philips
• LG Electronics
• Motorola Mobility
• Nest Labs
• Pebble
• Samsung Electronics
• Sony
..…..Continued
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