Internet of Everything (IoE) Market : Opportunity Analysis 2023

Internet of Everything (IoE) refers to the network of embedded computing devices that are interrelated distinctively in the existing internet infrastructure. It is a networked connection of people, process, data, and things.

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Portland, OR -- (SBWire) -- 09/25/2017 --The growth of portable devices, such as smartphones and tablets, support the new technology evolution. The global Internet of Everything (IoE) market is segmented into hardware, software, and services based on component type. In addition, the market includes several industry verticals, such as government, retail, Banking, Financial Services, and Insurance (BFSI), healthcare, IT & telecom, manufacturing, energy & utilities, transportation & logistics, and others (automotive, education, consumer electronics, and media & entertainment).

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The global Internet of Everything (IoE) market is segmented into hardware, software, and services based on component type. In addition, the market includes several industry verticals, such as government, retail, Banking, Financial Services, and Insurance (BFSI), healthcare, IT & telecom, manufacturing, energy & utilities, transportation & logistics, and others (automotive, education, consumer electronics, and media & entertainment).

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Government organizations in the developed and the developing nations, such as Germany, Russia, India, Mexico, and Brazil, focus on introducing various IT projects to encourage the end users to increase expenditures on innovative technologies to enhance customer experience. For instance, the Malaysian Ministry of Science, Technology, and Innovation (MIMOS) launched the National Internet of Things (IoE) Strategic Roadmap in July 2015 to drive the adoption of Internet of Everything (IoE), which is expected to contribute $2.49 billion to the countrys gross national income by 2020.

Internet of Everything (IoE) Market Key Segments

By Component
- Hardware
- Software
- Services

By Industry Vertical

- Government
- Retail
- BFSI
- Healthcare
- IT & Telecom
- Manufacturing
- Energy & Utilities
- Transportation & Logistics
- Others

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