Transparency Market Research

Smart Connected Device Market - by Application, Deployment Mode, Industry Vertical - Opportunity Analysis and Industry Forecast

Smart Connected Device Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

 

Albany, NY -- (SBWIRE) -- 04/06/2018 -- It is estimated that over a quarter of the global population will own a smartphone by the end of 2015. By 2016, the number of smartphone users will surpass the 2 billion mark. Soon, more than half of the global mobile users will have a smartphone, meaning that feature phones will soon become a minority and the telecommunications world will transform into a closely connected web of smart mobile devices. While inexpensive smartphones are opening new opportunities in emerging markets, the shifting paradigm of consumer media usage in mature markets is pressing marketers in becoming increasingly mobile-centric.

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A wide range of application areas are served by smart connected devices and their applications have kept rising over the past few years. A number of commercial sectors including hospitality, retail, healthcare, and education are the key application areas of the global smart connected device market. Principle operating systems running smart connected devices include android, iOS, Blackberry OS, Symbian, Windows, and Linux. Of these, the Android operating system is the most popular mobile operating system and is used for smartphones and tablets.

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The rising global demand for smart phones, tablet computers, and bring-your-own-device policies, along with the rising proliferation of high speed network connections are the key drivers for the global smart connected devices market. Technological advancements in the field of wireless connectivity technologies such as general packet radio service (GPRS), Wi-Fi, and worldwide interoperability for microwave access (WiMax), are also expected to drive demand for smart connected devices in the near future.

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