IoT Technology Market - Expected to Be Valued at USD 639.7 Billion by 2022 - Research and Markets

DUBLIN — (BUSINESS WIRE) — December 4, 2017 — The "Internet of Things Technology Market - Global Forecast to 2022" report has been added to Research and Markets' offering.

The IoT technology market is expected to be valued at USD 639.74 billion by 2022, growing at a CAGR of 25.1% from 2017 to 2022. The growth of the IoT technology market can be attributed to the growing market of connected devices and increasing investments in the IoT industry.

However, the lack of common communication protocols and communication standards across platforms, and high-power consumption by connected devices are hindering the growth of the IoT technology market. The IoT technology market for the BFSI end-use application is expected to grow at the highest CAGR from 2017 to 2022. The growing mass adoption of online banking, contactless payment, and mobile banking apps has increased significantly, which would propel the growth of IoT technology in the BFSI sector.

The IoT technology market segmented on the basis of region into North America, Europe, Asia Pacific, and Rest of the World. North America held the largest share of the IoT technology market in 2016 owing to the strategic initiatives taken by many large American technology firms, the early adoption of various IoT-enabled products across multiple end-user applications, and the increased research and development in the field of IoT. The market in APAC is expected to grow at the highest rate from 2017 to 2022 owing to the growing penetration of the Internet across commercial as well as residential spaces, high consumer base, and improving IT infrastructure.

Companies Mentioned

  • Alphabet
  • Amazon Web Services (AWS
  • Ayla Networks
  • Cisco Systems
  • General Electric (GE
  • Helium Systems
  • Hewlett Packard Enterprise (HPE
  • Intel
  • International Business Machines (IBM
  • Losant Iot
  • Microsoft
  • Notion
  • PTC
  • Pepper
  • Qualcomm
  • Stmicroelectronics
  • Symantec
  • Texas Instruments

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 IoT Technology Market, By Node Component

8 IoT Technology Market, By Network Infrastructure

9 IoT Technology Market, By Software Solution

10 IoT Technology Market, By Platform

11 IoT Technology Market, By Service

12 IoT Technology Market, By End-Use Application

13 Geographic Analysis

14 Competitive Landscape

15 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/hld477/internet_of


 

 




Review Article Be the first to review this article
Featured Video
Latest Blog Posts
Alex Carrick, Chief Economist at ConstructConnectThe AEC Lens
by Alex Carrick, Chief Economist at ConstructConnect
Canada Reached Some Labour Market Milestones in August
Jobs
ASIC Architects and Hardware Engineers at D. E. Shaw Research for D. E. Shaw Research at New York, New York
Senior Highway Engineer for RS&H at Jacksonville, Florida
Director, Industrial Machinery Solutions- SISW PLM for Siemens AG at Livonia, Michigan
Assistant Professor in Applied GIS for University of San Diego at San Diego, California
Product Design Engineer - Softgoods for Apple Inc at Cupertino, California
GIS Specialist for Schneider Geospatial at Indianapolis, Indiana
Upcoming Events
Building Innovation 2021 Resilience Sessions Virtual at United States - Sep 27 - 29, 2021
NIBS Building Innovation 2021: Virtual Edition. at United States - Sep 27 - 29, 2021
The 2nd international conference on Utopian and Sacred Architecture Studies at Online event Alexandria Egypt - Oct 5 - 7, 2021
Autodesk University 2021 | Free digital conference at United States - Oct 5 - 14, 2021



© 2021 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise