Press release
Global Demand For Internet of Things Devices Market to grow at a CAGR of 3.72% during the period 2017-2021
The objectives of this study are as follows:
To define, describe, and forecast the " Internet of Things Devices" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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About IoT Devices
IoT devices are instruments that can be connected to the internet to offer remote controlled connectivity. These devices sense and analyze their surroundings to offer inputs about the designated area. IoT is a network of physical objects interconnected through various network technologies. The devices in this network can communicate among themselves and with the external environment when required. Kevin Ashton, a British entrepreneur, coined the term IoT in 1999, while dealing with networked radio-frequency identification (RFID) and emerging sensing technologies. This technology can connect devices, systems, and services in an advanced manner that goes beyond machine-to-machine (M2M) communications. The interconnection of the devices including smart objects will propel automation in nearly all fields, leading to further technological advances such as smart grids, smart meters, and smart cities.
Technavios analysts forecast the global IoT devices market to grow at a CAGR of 3.72% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global IoT devices market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of IoT devices.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global IoT Devices Market 2017-2021, 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
Samsung Electronics
LG Electronics
Sony
Seiko Epson
Honeywell International
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Market driver
Large-scale benefits of using IoT devices
For a full, detailed list, view our report
Market challenge
Growing privacy and security concerns
For a full, detailed list, view our report
Market trend
Development of high-power processors for IoT devices
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Table of Contents
PART 01: Executive Summary
PART 02: Scope of the report
PART 03: Research Methodology
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
PART 07: Geographical segmentation
APAC
Americas
EMEA
PART 08: Market drivers
Large-scale benefits of using IoT devices
Growing demand for smart homes and development of smart cities
Rise in industrial automation
Large-scale funding of IoT start-ups
Improved energy efficiency
Rising membership of ZigBee Alliance
PART 09: Impact of drivers
PART 10: Market challenges
Growing privacy and security concerns
Poor awareness hindering adoption
Lack of infrastructure and connectivity issues
Poor battery life
PART 11: Impact of drivers and challenges
PART 12: Market trends
Development of high-power processors for IoT devices
Development of an open Wi-Fi network
Growing diversity in IoT standards
PART 13: Vendor landscape
Competitive scenario
Vendors
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PART 14: Appendix
List of abbreviations
PART 15: Explore Technavio
List of Exhibits
Exhibit 01: Global IoT devices market segmentation
Exhibit 02: Global IoT devices market 2016-2021 ($ billions)
Exhibit 03: Global IoT device market 2016-2021 (millions of units)
Exhibit 04: Five forces analysis
Exhibit 05: Global IoT devices market by revenue 2016-2021 ($ billions)
Exhibit 06: Revenue trend line for global IoT devices market 2016-2021 ($ billions)
Exhibit 07: Global IoT devices market by computing devices 2016-2021 ($ billions)
Exhibit 08: Global IoT devices market by computing devices 2016-2021 (millions of units)
Exhibit 09: Global IoT devices market by smart media players 2016-2021 ($ billions)
Exhibit 10: Global IoT devices market by smart media players 2016-2021 (millions of units)
Exhibit 11: Global IoT devices market by smart meters 2016-2021 ($ billions)
Exhibit 12: Global IoT devices market by smart meters 2016-2021 (millions of units)
Exhibit 13: Global IoT devices market by smart wearables 2016-2021 ($ billions)
Exhibit 14: Global IoT devices market by smart wearables 2016-2021 (millions of units)
Exhibit 15: Global IoT devices market by shipments 2016-2021 (millions of units)
Exhibit 16: Global IoT devices market by geography 2016-2021 (% share)
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