Internet of Things (IoT) Market is projected to cross USD 561.0 Billion by 2027, exhibiting a CAGR of 23.7% from 2021 to 2027.
Internet of things platforms and solutions & services
provided by the key players, such as - AT&T, Inc. have been offering
solutions such as deployment services, vehicle solutions, integrated solutions,
smart cities, and others. Cisco Systems, Inc. provides solutions, such as
network connectivity, data control and exchange, connectivity management, edge
computing. Siemens AG provides industrial edge, digital twin, and others
solutions.
Market Overview
& Coverage:
Internet of Things (IoT) is a system of interconnected devices dedicated
to performing a single or a set of functions. Networking technology connects
various devices embedded via software, electronics, sensors, and wireless
chips, within a system. IoT plays a vital role in building smart communication
environments like smart homes, smart transportation, smart healthcare, smart
shopping, and so on.
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IMR offers a comprehensive overview
of the market through the analysis of key parameters such as revenue, price,
competition, and promotions, as well as the study, synthesis, and summarization
of data from different sources. It analyzes the leading industry drivers and
shows numerous market components. The information offered is thorough,
dependable, and the result of a comprehensive primary and secondary study. IMR
market research reports offer a comprehensive global market as well as an
in-depth strategic sourcing methodology and analysis based on qualitative and
quantitative research to anticipate market growth.
Segmentation Of Internet of Things (IoT)Market:
In market segmentation by Technology, Internet of Things (IoT)Market
report covers:
Cloud,
Zigbee, Transport Systems, RFID
In market segmentation by Application, Internet of Things (IoT)Market
report covers:
Manufacturing, BFSI,IT &
Telecom, Retail, Healthcare, Logistics, Education
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Players Covered in Internet of
Things (IoT) Market are:
·
Intel
·
Microsoft
·
Cisco
·
Google
·
IBM
·
Samsung
·
Apple
·
SAP
·
Gartner
·
Oracle
·
ARM
·
General Electric
·
Accenture
·
Amazon
·
HP
·
Arduino
Benefits
Of Internet Of Things :
Because
IoT devices can track a variety of environmental factors in real-time, Internet
of Things deployments offer many benefits to companies:
·
Real-time,
remote data monitoring
·
Easy
user-level data access through IoT software
·
Security
and safety tracking
·
Resource
tracking and management
·
Automation
of manual tasks
·
Catered
marketing and customer service engagement
·
A
complete analysis of the market, including the parent industry
·
Important
market dynamics and trends
·
Market
segmentation
·
Historical,
current, and projected size of the market based on value and volume
·
Market
shares and strategies of key players
· Recommendations to companies for strengthening their foothold in the market
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