Chicago, IL -- (SBWIRE) -- 09/20/2016 -- According to the IOT market report, "Internet of Things Market (2014 - 2022), by Type (Intelligent System, Software, Service), Software (Security Software, Data Management Software, Analytics Software, Communication Software), Service (Consulting Service, Integration & Implementation Service, Outsourcing Service, Repair and Maintenance Service), End-User (Public Sector, BFSI, Retail, Healthcare, IT & Telecom, Media & Entertainment, Energy & Utility, Transportation), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, Latin America) Global Opportunity Analysis and Industry Forecast", the global market for IoT is expected to witness remarkable growth by 2022.

The global Internet of Things (IoT) market concentrates on the key driving and restraining factors for the key industry players. It offers information about the major segments, key players, market share and geographic regions of the market.

Leaf through our data-driven infographic report on Global Internet of Things (IoT) Market:
https://www.scalarmarketresearch.com/market-reports/internet-of-things-iot-market-1

Buyers can avail 100% customization on this report, per our feasibility.

Digitization and smartphone revolution to be the key driving factors:

According to the Internet of Things (IoT) market report, the rapid rise in digitization is the major driving factor for this market. It suggests rising digitization of business models across the small and medium businesses around the world to be a strong growth factor for the market. The introduction of smart cities is also expected to create exciting business opportunities for the key industry players during the forecast period. The report suggests that smartphone revolution and rising number of smartphone buyers, especially across the emerging markets will be a significant driving factor for this market.

North America to dominate the global market based on market share:

The report segments the global market based on the types of services, software, and end-user. It also offers in-depth geographic analysis of the industry, focusing on the Internet of Things (IoT) market share. According to the report, significant investment and rise in the research and development activities are expected to create strong business opportunities for the key players in this market. However, it also suggests data security to become a major restraint for the growth of the industry.

According to the report, North America is expected to be the largest geographic region. Asia-Pacific region is set to become the fastest-growing geographic segment in the market. Growth in demand, advancing technologies and increased investment in the region are expected to be the major driving factors for the market in this particular region. The report suggests that Internet of Things (IoT) market is expected to create potential investment opportunities for the emerging players in the industry.

Request a Sample: https://www.scalarmarketresearch.com/request-sample.php?id=122

The major players analyzed in the global Internet of Things (IoT) market report include Accenture Plc., Bosch Software Innovations GmbH, Cisco System Inc., General Electric, Hewlett-Packard Co., IBM Corporation, Microsoft Corporation, Oracle Corporation, Telefonica S.A., Vodafone Group Plc., and such others.

Browse Related Reports:

Global Wearable Technology Market By Products, Application, and Geography - Report Forecast - 2013 to 2021
https://www.scalarmarketresearch.com/market-reports/wearable-technology-market

Global Smart Cities Market By Application and Geography - Report Forecast - 2014 to 2022
https://www.scalarmarketresearch.com/market-reports/smart-cities-market

About Scalar Market Research
Scalar Market Research Inc. aspires to assist organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.

Find out more about our services at: www.scalarmarketresearch.com

Contact:
Mr. Rahul Ganju
8770 W Bryn Mawr Ave.,
Suite 1300
Chicago, IL 60631
Tel.: 800-213-5170 (U.S./Canada Toll-free)
Email: sales@scalarmarketresearch.com