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IoT technology market (IoT) worth 25.1% CAGR by 2022 according to new research report

IT Market Research

IoT Technology Market report is detailed competitive landscape has been provided including key players, in-depth analysis, and revenue of key players.

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The IoT Technology Market is expected to be valued at USD 639.74 billion by 2022, growing at a CAGR of 25.1% from 2017 to 2022. Companies are Intel QUALCOMM Texas Instruments International Business Machines STMicroelectronics, General Electric Hewlett Packard Enterprise Cisco Systems Microsoft Amazon Web Services Symantec, PTC and Alphabet.

The report also covers some of the new players in the Internet of Things (IoT) Technology market such as Ayla Networks Losant IoT Notion Pepper and Helium Systems.

Browse 66 Market Data Tables and 59 Figures spread through 299 Pages and in-depth TOC on "IoT Technology Market Global Forecast to 2022" http://www.reportsnreports.com/contacts/requestsample.aspx?name=1235085 .

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The growth of the IoT technology market can be attributed tothe growing market of connected devices and increasing investments in the IoT industry. However, the lack of common communication protocols and communication standards across platforms, and high-power consumption by connected devices are hindering the growth of the IoT technology market.

Internet of Things Technology Market by Node Component (Processor, Sensor, Connectivity IC, Memory Device, and Logic Device), Network Infrastructure, Software Solution, Platform, Service, End-use Application, and Geography - Global Forecast to 2022 research report at www.reportsnreports.com/.aspx?name=1235085 .

“IoT technology market for BFSI end-use application expected to grow at the highest rate from 2017 to 2022”

The IoT technology market for the BFSI end-use application is expected to grow at the highest CAGR from 2017 to 2022.The growing mass adoption of online banking, contactless payment, and mobile banking apps has increased significantly, which would propel the growth of IoT technology in the BFSI sector.

“IoT technology market in APAC expected to grow at the highest rate during the forecast period”

The IoT technology market segmented on the basis of region into North America, Europe, Asia Pacific, and Rest of the World. North America held the largest share of the IoT technology market in 2016 owing to the strategic initiatives taken by many large American technology firms, the early adoption of various IoT-enabled products across multiple end-user applications, and the increased research and development in the field of IoT.

The market in APAC is expected to grow at the highest rate from 2017 to 2022 owing to the growing penetration of the Internet across commercial as well as residential spaces, high consumer base, and improving IT infrastructure.

Report at www.reportsnreports.com/contacts/.aspx?name=1235085 .

Breakdown of profiles of primary participants:

  • By Company Type: Tier 1-55%, Tier 2-25%, and Tier 3-20%
  • By Designation: Directors-50%, CEO-20%, Vice Presidents-25%, and Others-5%
  • By Region: North America-35%, APAC-35%, Europe-20%, and RoW-10%

 List of Tables

Table 1 List of Major Secondary Sources
Table 2 Government Funding Plans for Internet of Things
Table 3 IoT Technology Market, By Node Component, 2014–2022 (Million Units)
Table 4 IoT Technology Market, By Node Component, 2014–2022 (USD Billion)
Table 5 IoT Technology Processor Market, By Type, 2014–2022 (Million Units)
Table 6 IoT Technology Processor Market, By End-Use Application, 2014–2022 (Million Units)
Table 7 IoT Technology Sensor Market, By Type, 2014–2022 (Million Units)
Table 8 IoT Technology Sensor Market, By End-Use Application, 2014–2022 (Million Units)
Table 9 IoT Technology Connectivity IC Market, By Connectivity Technology, 2014–2022 (Million Units)
Table 10 IoT Technology Connectivity IC Market, By Connectivity Technology, 2014–2022 (Million Units)
Table 11 IoT Technology Connectivity IC Market, By Wireless Connectivity Technology, 2014–2022 (Million Units)
Table 12 IoT Technology Connectivity IC Market, By End-Use Application, 2014–2022 (Million Units)
Table 13 IoT Technology Memory Device Market, By Memory, 2014–2022 (Million Units) and more..

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