0
Upcoming Allied Market Research
2023
Iot Communication Protocol Market

IoT Communication Protocol Market

Size, Share, Competitive Landscape and Trend Analysis Report by Connectivity Technology (Bluetooth, WiFi, Zigbee, Bluetooth) and by End Use (Consumer Electronics, Automotive Transportation, Building Automation, Healthcare): Global Opportunity Analysis and Industry Forecast, 2023-2032

Report Code: A09575
Pages: NA
Tables: NA
Charts: NA
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.

 

IoT Communication Protocol Market Insight

Internet of Things (IoT) consists of smart devices that communicate with each other. It enables the devices to collect and exchange data. In addition to this, IoT has a wide range of life applications such as transportation, logistics, healthcare, social gaming robot, and city information. As far as the wireless IoT is the main concern, many different wireless communication technologies and protocols can be used to connect the smart device such as Internet Protocol Version 6 (IPv6), over Low power Wireless Personal Area Networks (6LoWPAN), ZigBee, Bluetooth Low Energy (BLE), Z-Wave and Near Field Communication (NFC). They are short range standard network protocols, while Sigfox and cellular are Low Power Wide Area Network (LPWAN), standard protocols.

Impact of COVID-19 on IoT Communication Protocol Market: 

  • The working of many security teams is likely to be reduced due to the COVID-19 pandemic thereby making detection of malicious activities difficult and responding to these activities even more complicated. Revising patches on systems may also be a challenge if security teams are not operational.
  • Due to the COVID-19 pandemic, many employees working from home and students learning virtually, enterprise virtual private network (VPN) servers have now become a lifeline to companies/schools, and their security and availability will be a major focus going forward. There is a possibility that an organization’s unpreparedness will lead to security misconfiguration in VPNs thereby exposing sensitive information on the internet and also exposing the devices to Denial of Service (DoS) attacks. In addition to this, some users may utilize personal computers to perform official duties which could also pose a great amount of risk to organizations.

Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

Sustained growth in demand for smart home systems and expansion of internet connectivity devices are the major driving factors for the growth of IoT communication protocol market. Additionally, expansion of internet connectivity also led to the growth of market. However, security and privacy of information in IoT can hamper the growth of market. Contrarily, significant government funding across globe for research and development of IoT is an opportunistic factor for market. 

Sustained growth in demand for smart home systems

The development of the Internet of Things (IoT) has led to enormous IoT applications, such as intelligent transportation systems, smart shopping systems, and smart home systems (SHSs). However, existing architectures and designs of SHSs rarely take much consideration of the security and privacy issues. Consequently, in an SHS with low security strength, user’s privacy information can be easily exposed to strangers or other malicious entities. For example, eavesdroppers can collect and aggregate the traffic information to profile a household. Specifically, there are a few types of information that can be captured by simple eavesdropping attacks. The end devices in a smart home probably send data more frequently to the central controller when user(s) is/are using them. The types of the end devices being used can reveal the identity of the user in the house. Smart meter reports to the utility company can exhibit certain patterns in the use of utilities, which enables the attackers to further identify the user in the house.

Security and privacy of information

Increase in the number of hacking case of high-profile targets keeps this danger constantly in the back of our minds. Apparently, the consequences of interruption and denial of service could be far more serious than a compromise of privacy.  Even top companies like Apple, known for big security claims. Recent cases of ransomware attacks have also challenged the confidence of corporate. A latest research claims that by 2020, 25% of cyber-attacks will target IoT devices. In malware infiltration 24% phishing attacks, device misconfiguration issues 18%, privilege escalation 9%, and credential theft 6% are happening around in the world.

When it comes to cyber security, lapses could be from both company and consumer side, so it is essential for each party to take necessary measures to improve security. A study revealed that 54% IoT device owners do not use any third-party security tool and 35% out of these do not even change default password on their devices. Here, it should be a collaborative effort between companies and customers to plan and implement collaborative data security policies for successful IoT implementation.

Key benefits of the report:

  • This study presents the analytical depiction of the global IoT communication protocol industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global IoT communication protocol market share.
  • The current market is quantitatively analyzed to highlight the global IoT communication protocol market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed market analysis based on the present and future competitive intensity of the market. 

IoT Communication Protocol Market Report Highlights

Aspects Details
By Connectivity Technology
  • Bluetooth
  • WiFi
  • Zigbee
  • Bluetooth
By End Use
  • Consumer Electronics
  • Automotive & Transportation
  • Building Automation
  • Healthcare
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 Meditek Inc., Synopsys Inc., STMicroelectronics N.V, Mindtree Ltd., NXP Semiconductors N.V, Atmel Corporation, Texac Instruments Inc.,, Gainspan Corporation, Enocean GmbH, Ceva Inc
 

Loading Table Of Content...


 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

Purchase Options

Call or Email Us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now

Purchase Full Report of
Iot Communication Protocol Market

Start reading.
This Report and over 71,233+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,690
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,820
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,540
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise
    License/PDF

  • $9,870
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library
    Membership

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

Related Reports
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time for readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers