Global Internet of Things (IoT) Market Insights Report 2020 - Falling Sensor Costs Drive Proliferation of IoT - ResearchAndMarkets.com

The "Internet of Things (IoT) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

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Business Wire, Inc.

Retrieved on:

Wednesday, May 27, 2020

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Technology, Networks, Hardware, Ambient intelligence, Digital technology, Internet of things, Technology assessment, Articles, Technology

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Summary

Key Points:

The "Internet of Things (IoT) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry.
The Applications & Analytics market will be reset to a new normal which going forward in a post COVID-19 era will be continuously redefined and redesigned.
All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

The "Internet of Things (IoT) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis and the looming economic recession, the Internet of Things (IoT) market worldwide will grow by a projected US$876.5 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 31.4%.

Applications & Analytics, one of the segments analyzed and sized in this study, is forecast to grow at over 37.8% and reach a market size of US$466.4 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Applications & Analytics market will be reset to a new normal which going forward in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 34.6% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$22.5 Billion to the region's size over the next 7 to 8 years. In addition, over US$41.3 Billion worth of projected demand in the region will come from Rest of the European markets. In Japan, the Applications & Analytics segment will reach a market size of US$21.1 Billion by the close of the analysis period.

Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Internet of Things (IoT) market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 30.1% over the next couple of years and add approximately US$85.1 Billion in terms of addressable market opportunity.

Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Internet of Things (IoT) market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Key Topics Covered

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Impact of COVID-19 and a Looming Global Recession
What is IoT?: A Review of this Intriguing Technology Built for Disruption
Recent Market Activity
Market Outlook
Global Competitor Market Shares
Internet of Things (IoT) Competitor Market Share Scenario Worldwide (in %): 2020 & 2029

2. FOCUS ON SELECT PLAYERS

IoT Security Solution Providers

Bitdefender (Romania)
DigiCert (USA)
Gemalto N.V. (Netherlands)
Karamba Security (USA)
Symantec Corporation (USA)
Trustwave Holdings, Inc. (USA)
Verizon Enterprise Solutions (USA)

IoT Cloud Service Providers

Amazon Web Services (USA)
Google, Inc. (USA)
Microsoft Corporation (USA)
General Electric Company (USA)
Salesforce.com, Inc. (USA)
Telit Communications PLC (UK)
Zebra Technologies Corporation (USA)

IoT Sensor Manufacturers

ARM Ltd. (UK)
Bosch Software Innovations GmbH (Germany)
Honeywell International, Inc. (USA)
Infineon Technologies AG (Germany)
InvenSense Inc. (USA)
IBM Corporation (USA)
STMicroelectronics N.V. (Switzerland)

IoT Semiconductors/IoT Chips

Atmel Corporation (USA)
Freescale Semiconductor, Inc. (USA)
Intel Corporation (USA)
Qualcomm Technologies, Inc. (USA)
Texas Instruments (USA)

IoT Network Providers

AT&T, Inc. (USA)
Telefnica S.A. (Spain)
Vodafone Group PLC (UK)
Verizon Communications, Inc. (USA)