The
Internet of Things refers to the network of physical objects that
attribute an IP address for internet connectivity. Internet of Things
is defined as an invisible and intelligent network of things that
communicate indirectly or directly with each other. Internets of
Things enable communication between the physical objects and other
internet-enabled systems and devices. In addition, Internet of Things
also makes the life of consumers much more comfortable and easier by
controlling the electronic devices from one place. Furthermore,
technological advancement in the field of healthcare, government
initiatives for expansion of the Internet of Things and need to
increase efficiency and cost reduction are the major factors that are
driving the Internet of Things market globally.
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the full Internet of Things Market report at:
Among
all the application segments, industrial holds the largest market
share at present in the Internet of Things market. The potential for
cyber physical systems to improve productivity in the supply chain
and production process are increasing the demand of industrial sector
in Internet of Things market. Healthcare and consumer electronics
sectors are expected to be the fastest growing applications in the
Internet of Things market globally. In 2014, automotive sector is the
second largest application segment in the Internet of Things market
globally.
This
market research study analyzes the Internet of Things market on a
global level, and provides estimates in terms of revenue (USD
billion) from 2015 to 2021. The report also identifies the restraints
and drivers affecting the industry and analyzes their impact over the
forecast period. In addition, it identifies the significant
opportunities for market growth in the coming years.
The
report segments the Internet of Things market on geography as Rest of
the World (RoW), Asia Pacific (APAC), Europe and North America, and
these geographies have been estimated in terms of revenue (USD
billion). In addition, the report segments the market based on
technology as ZigBee, Bluetooth low energy (BLE), near field
communication (NFC), Wi-Fi and radio frequency identification (RFID).
Furthermore, the Internet of Things market is segmented on the basis
of application which includes industrial, automotive, consumer
electronics, retail, healthcare and others (including energy and
utilities, and entertainment). The above mentioned segments have been
anticipated on the basis of geography in requisites of revenue (USD
billion).
North
America represents the largest market share of the Internet of Things
market. In 2014, North America accounted for largest revenue share in
the global Internet of Things market. The rapid growth of industrial,
automotive and healthcare industries is the major factors driving the
growth of Internet of Things in North America. Europe holds the
second largest share in the Internet of Things market followed by
Asia Pacific and RoW respectively. The market in Europe is primarily
driven by government regulation supporting the growth of Internet of
Things. The strong regulations in place will ensure the effective
operability of the Internet of Things concept in various application
areas. The automotive industry is likely to contribute a large share
to market revenues in Europe.
For
better understanding of the Internet of Things market, the study also
includes market attractiveness analysis and competitive landscape,
wherein applications are benchmarked based on their market scope,
growth rate, and market attractiveness.
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the Press Release of Internet of Things Market at:
The
report provides company market share analysis of various industry
participants. The key players have also been profiled on the basis of
company details, product type, financial overview, historical
roadmap, business strategies and the recent developments in the field
of Internet of Things market. Major market participants in the
Internet of Things market include Google Inc. (United States), Cisco
Systems Inc. (United States), Apple Inc. (United States), Microsoft
Corp. (United States), Intel Corp. (United States) and IBM Corp.
(United States) among others.
1.1
Market segmentation
The
Internet of Things market is segmented as below:
Global
Internet of Things market: by Technology
ZigBee
Bluetooth Low Energy (BLE
Near Field Communication (NFC)
Wi-FI
Radio Frequency Identification (RFID)
Global
Internet of Things market: by Application
Industrial
Automotive
Consumer Electronics
Retail
Healthcare
Others
Global
Internet of Things market: by Geography
North America
U.S.
Rest of North America
Europe
United Kingdom
Germany
France
Italy
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Rest of the World (ROW)
South America
Middle East
Africa
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the FREE Sample Research Report at:
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