Internet of Things (IoT) Market Global Share, Growth & Analysis by Top Players to 2023- ARM HOLDING PLC, BROADCOM CORP., FREESCALE SEMICONDUCTOR INC.
Summary:
The IoT industry is highly fragmented with a large number of small startups entering the market. An interesting trend shaping the industry is the growing interest of many of the larger IT solutions/service providers who view IoT platforms as high margin solutions that will generate a steady revenue stream through cloud-based, subscription revenue models. This has spurred number of high value acquisitions in the past three years, for instance Jasper's acquisition b Cisco in 2016.
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