With a rising adoption of the Internet and allowing devices to interconnect and communicate with each other, IoT is expected to generate new revenue streams.
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Internet of things market refers to the interconnection of various devices embedded with sensors, electronics, and software, which enables objects to gather and exchange data.
Increasing awareness of wireless technologies will offer various growth opportunities, thereby providing substantial amounts of profit for companies that deal in this market.
Based on technology, the market is segmented into gateways, Radio Frequency Identification (RFID), Near Field Communications (NFC), ZigBee, and cloud management.
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On the basis of application, the market is segmented into industrial applications, home automation, infrastructure management, medical & healthcare systems, environment monitoring, and building & transport systems. Based on end user, the market is segmented into energy & utility, telecom & IT, retail, healthcare, manufacturing, transportation, and BFSI.
A geographic breakdown and deep dive analysis of each of the aforesaid segments has been covered for North America, Europe, Asia-Pacific, and LAMEA.
Rise in the adoption of cloud platforms
Growing convergence of connected technologies
Dearth of efficient connectivity infrastructure
Lack of common standards
Top players in the global Internet of things market includes AT&T, Cisco systems, Huawei Technologies, Qualcomm Inc., Google, Alcatel Lucent, Intel Corp, Nxp Semiconductors, and Gemalto Nv.
o Radio Frequency Identification (RFID),
o Near Field Communications (NFC)
o Cloud management
o Network communications
o Data processing
o Pressure sensors
o Industrial applications
o Home automation
o Infrastructure management
o Medical and healthcare systems
o Environment monitoring
o Building and transport systems
By End user:
o Energy and Utility
o Telecom and IT
- North America
o Rest Of Europe
o South Korea
o Saudi Arabia
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