Albany, NY -- (SBWIRE) -- 10/19/2015 -- IoT is a communication of multiple devices over a network that enables data transmission between devices, including thermostats and sensors. It connects hardware, embedded software, communication services, and IT services. It helps in developing smart homes, smart city, and online shopping with the help of connected devices in a network.
The adoption of IoT will improve with the increase in Wi-Fi and LTE wireless connectivity. Networks such as 2G, 3G, and 4G are being provided by service providers in Russia, which has increased the threat to data security. Stringent policies related to network security are being increasingly implemented. IoT security, which is dependent on network security, is expected to gain importance during the forecast period.
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IoT market in Russia to grow at a CAGR of 28.47% during the period 2014-2019. TechNavio's report, IoT Market in Russia 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the market and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors:
Axiros
Cisco
INTECH Global
Intel
Market driver
Increase in demand for IT in Russia
For a full, detailed list, view our report
Market challenge
Security issues
For a full, detailed list, view our report
Market trend
Introduction of smart homes
For a full, detailed list, view our report
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Key questions answered in this report:
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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