Internet of Everything Market Research study explores Huge Growth in Future
- ehteshampeerzade
- Nov 20, 2020
- 3 min read
Market Highlights
The emerging IoE technology is still in its nascent stage and with the proliferation of the technology across various industry verticals, the global IoE market is poised for significant growth. The market os driven by factors such as rising adoption of M2M technology and rise in cloud-based services. The advent of disruptive technologies such as IoT, Big Data, and others are also creating a conducive environment for the growth of the market. Other factors boosting the market growth include increased emphasis on Decarbonization which has given rise to number of smart city projects is likely to fuel the growth of the market.
Internet of Everything (IoE) is a platform which connects people, data, and other things and generates new possibilities for businesses, organizations, and individuals. Market Research Future (MRFR's) latest in-depth report on the global Internet of Everything market throws light on the key trends and dynamics that can impact the growth of the market over the forecast period of 2018-2023. As per MRFR's analysis, the IoE market is expected to capture a CAGR of 19.5% over the forecast period.
The Internet of Everything (IoE) industry is likely to attract investments and exhibit fast growth. IoT has built the infrastructure required for the adoption of IoE. Thus, installation is likely to be convenient, which is expected to drive the expansion of the Internet of Everything (IoE) market in the foreseeable future. The development of technologies such as sensors is anticipated to influence the market greatly. However, lack of high-speed internet in certain regions can be seen to check the Internet of Everything (IoE) market growth in the upcoming years. In addition, rising security and privacy concerns are also projected to limit the growth of the market.
Regional Analysis:
The geographical evaluation of the global Internet of Everything (IoE) market is offered in the report and it covers the following region-based segments - Europe, Asia-Pacific, North America, and the Rest of the World (RoW). These segments are also assessed on the basis of countries to offer a 360-degree view of the market. Europe is assessed to exhibit the fastest growth. It is due to the existing advanced infrastructure of the region that is anticipated to accelerate adoption of IoE. It is projected to augment the Internet of Everything (IoE) market in the region. Rising investments in research and development are also prognosticated to support the expansion of the market. North America, on the other side, is expected to lead the Internet of Everything (IoE) market. It is projected to hold the largest market share over the prognosis period.
Segmentation:
The global IoE market size has been segmented based on component, network technology, application, and end user.
By component, the IoE market has been segmented into hardware, software, and services. The services segment has been further segmented into professional services and managed services. The professional services sub-segment has been further segmented into consulting services, implementation services and others.
By network technology, the IoE market has been segmented into into Wi-Fi, Bluetooth, cellular technologies,802.15.4, GPS/GNSS, NFC devices & tags, RFID tags (active & passive), low-power wide area network (LPWAN), fixed line, satellite, other wireless technologies.
By application, the IoE market has been segmented into application areas namely connected car, smart home, wearable computing & mobile devices, smart cities & buildings, smart metering, and others.
By end-user, the IoE market has been segmented into government, retail, BFSI, healthcare, IT & telecom, manufacturing, energy & utilities, transportation & logistics, and others.
Competitive Dashboard:
Nokia Corporation (Finland), Qualcomm (US), Infineon Technologies (US), Robert Bosch AG (Germany),
AT& T Inc. (US), Cisco System Inc (US), SAMSUNG (South Korea), Ericsson AB (Sweden), Juniper Networks (US), Huawei Technolgies Co Ltd.(China), SAP SE (France), Texas Instruments (US), Amazon Web Services (US), and Koninklijke Philips N.V (Netherlands) are the notable players in the global Internet of Everything market.
Some other prominent players include Sigfox (France), Mesh systems LLC (US), Cloudera (US),
ThinxNet GmbH (Germany), Nest Labs (US), IOTA computing Inc.(US), and resin.io (US).
Browse Complete Report @ https://www.marketresearchfuture.com/reports/internet-of-everything-market-6841
Comments