Internet of Things Technology and Application Market Size, Share, Competitive Landscape and Trend Analysis Report, by Node Component, by Software, by Platform, by Service and, by Industry Vertical : Global Opportunity Analysis and Industry Forecast, 2023-2032

Internet of things is a technology, where object or humans are provided unique identifiers without establishing a human-to-machine or human-to-human communication. Furthermore, IoT also helps in the transfer of information over a network. Besides this, internet of things plays an important role in tracking and monitoring behavior in real time. The technology boosts customer experience, lowers pollution and increases safety, when used in the automotive and transportation industry.

Rising number of upgrades in high speed networks have played a vital role in driving the market worldwide. Moreover, the availability of IP address space and growing demand for smartphones would further add to the growth of the internet of things. Notable financial support from government bodies worldwide for research as well as development would further drive the market. However, the lack of quality and power -efficient battery technologies has hindered the growth of the market. Innovations and cross -domain uses would create greater opportunities for the market worldwide.

Internet of things technology and application market is segmented based on applications, components, end-users, technologies and geography. The applications covered in the market research report are energy management, building, infrastructure management, energy management, home automations, industrial applications, medical & healthcare systems and transport systems. The components assessed during the study are data processing, RFID, networking communications and pressure sensors. Key end users of the market are manufacturing, retail, transportation, industrial and commercial constructions, energy and power, telecom and IT and healthcare. Technologies covered in the report consist of Zigbee, RFID, near field communications, gateways and cloud communications. Regions experiencing tremendous growth in the internet of things market include North America, Europe, Asia Pacific and LAMEA.

Key market players covered in the report are GainSpan Corporation, ARM Ltd., Intel, Texas Instruments, Fujitsu ltd., Nest Labs, Cisco Systems Inc., Rockwell Automation, Ecobee Inc., Axeda Corporation and Dassault Systemes

KEY BENEFITS FOR STAKEHOLDERS

• The market research report provides integrated information on the major drivers, restraints and opportunities influencing the industry growth, during the forecast period.
• The study further drills down to produce data volume by components, end customers and demography.
• SWOT analysis of major brands, highlights weaknesses, strengths, opportunities and threats. The data proves effective for business owners planning on designing their marketing and branding strategies.
• Region wise business performance discussed in the market research report would be valuable for enterprises planning to explore new areas.
• The report not only examines the market dynamics but also takes a closer look at the growth rate and industrial chain structure.
• Study further weighs up on the prominent market players and what they are doing different to position their product in the already crowded marketplace.
• Assessment of upstream and downstream market also forms an important part of the report.

  Internet of Things Technology and Application Market Report Highlights

Aspects	Details
By Node Component	Processor Connectivity IC Memory Device Sensor Logic Device
By Software	Data Management Real-Time Streaming Analytics Network Bandwidth Management Remote Monitoring Security Solution
By Platform	Device Management Application Management Network Management
By Service	Professional Services Professional Services Managed Services
By Industry Vertical	Healthcare Automotive & Transportation Manufacturing Retail BFSI Aerospace & Defense Consumer Electronics Agriculture Others
By Region	North America  (U.S., Canada) Europe  (France, Germany, Italy, Spain, UK, Rest of Europe) Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific) LAMEA  (Latin America, Middle East, Africa)
Key Market Players	Hewlett Packard Enterprise, Amazon Web Services (AWS), PTC, Texas Instruments Incorporated, Intel Corporation, STMicroelectronics, Qualcomm Technologies, Microsoft Corporation, Cisco Systems, IBM Corporation