Global Internet of Things (IoT) Market to Grow at a CAGR of 35.97% During Forecast Period 2016-2020

ResearchMoz added Latest Research Report titled " Global Internet of Things Market 2016-2020: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.

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Albany, NY -- (SBWire) -- 01/20/2017 --IoT is a network of physical devices, sensors, and machines integrated into everyday objects connected through the Internet for effective data communications. IoT creates smart communication environments, such as smart healthcare. IoT enhances operational efficiency by increasing the speed of communications compared to the existing infrastructure, thus improving business productivity in any industrial setup. It focuses on improving the process capabilities by enabling real-time business decisions with data storage and computing capacity at the basic sensor level. We expect that IoT will likely have a positive impact on industries such as healthcare, manufacturing, retail, energy and utilities, transportation and logistics, and ICT.

The global internet of things (IoT) market to grow at a CAGR of 35.97% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global internet of things (IoT) market for 2016-2020. To calculate the market size, we consider revenue generated from IoT software, solutions, tools, applications, and support and maintenance services. We consider revenue generated from radio frequency identification (RFID), near field-communication (NFC), and other platforms used in IoT systems for estimating the market size. However, the report does not consider the sales of hardware systems and devices used in the IoT setup.

The market is divided into the following segments based on geography:

- Americas
- APAC
- EMEA

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Technavio's report, Global Internet of Things (IoT) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

- Alcatel-Lucent
- AT&T
- Cisco Systems
- Qualcomm

Other prominent vendors

- Accenture
- Amazon Web Services (AWS)
- Apple
- ARM Holdings
- ATMEL
- Atos
- Bosch Software Innovations
- Broadcom
- CTS
- Dell
- Digi International
- Echelon
- Ericsson
- Freescale Semiconductor
- GE
- Google
- Hitachi
- HP
- Huawei Technologies

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Key questions answered in this report

- What will the market size be in 2020 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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