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Internet of Things Devices Market to Grow at a CAGR of 3.72% with Growing Privacy and Security Concerns

02-26-2018 06:14 AM CET | IT, New Media & Software

Press release from: ReportsWeb

ReportsWeb

ReportsWeb

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.

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This industry research report identifies the rise in industrial automation to be one of the major factors that will have a positive impact on the growth of the Internet of things devices market in the coming years. With the rise in adoption of automation in the manufacturing sector, industries will soon focus on employing smart machines that automatically carry out manufacturing processes, smart robots that coordinate with employees for assembling products, and smart driverless transport vehicles that can automatically carry out logistics processes.

Key vendors
- Samsung Electronics
- Google
- LG Electronics
- Sony
- Seiko Epson
- Honeywell International

Market driver
- Large-scale benefits of using IoT devices

Have any query? Enquire about report @ http://www.reportsweb.com/inquiry&RW0001608796/buying

Market challenge
- Growing privacy and security concerns

Market trend
- Development of high-power processors for IoT devices

Fundamentals of Table of Content:

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles

Browse complete report @ http://www.reportsweb.com/global-internet-of-things-devices-market-2017-2021

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?

About ReportsWeb:

ReportsWeb.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

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