Internet of Things (IoT) Market: Segmented: By technology (software solution, platforms, and services), By vertical (Banking financial services and insurance, Healthcare, Retail, Transportation, Utilities and Government and defense) and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030
The impact of Covid-19 on Internet of Things (IoT) Market By technology (software solution, platforms, and services), By vertical (Banking financial services and insurance, Healthcare, Retail, Transportation, Utilities and Government and defense) and Region -Analysis of Market Size, Share and Trends for 2014 - 2019 and Forecasts to 2030
PRODUCT OVERVIEW
The global Internet of things (IoT) is a system of interrelated computing devices, objects, animals, mechanical and digital machines, or people that are provided with unique identifiers along with the ability to transfer data over a network without human interaction. An IoT ecosystem consists of web-enabled smart devices that use embedded systems to collect, send, and process data. They share data by connecting to an IoT gateway, where data is sent to the cloud to be analyzed. The technological advancements have led to the use of IoT in applications such as building and home automation, infrastructure, consumer smart home applications, environmental monitoring, medical and healthcare, etc. The growing demand for connected smart devices is driving the growth of the IoT market with a CAGR.
MARKET HIGHLIGHTS
Internet of Things (IoT) market is expected to project a CAGR of 21.90% during the forecast period, 2021-2030
Factors such as an increased focus on remote monitoring, growing smart payments technology to minimize human interaction in cash payments and rising wearable devices demand to drive the market growth. With the outbreak of Covid-19, a majority of operations have been compromised which has forced organizations to function in a nonoptimized manner thus they are looking for innovative areas that can improve their revenue by a small percentage.
GLOBAL INTERNET OF THINGS MARKET: SEGMENTS
By technology
it can be classified into software segments, platforms, and services. The software segment is predicted to grow with the highest CAGR over the forecast period. The software segment is to hold the largest market as with the rising covid-19 IoT software solutions such as manufacturing and others have taken a big hit, but organizations are changing their priorities.
By Vertical
it can be further divided into Banking financial services and insurance, Healthcare, Retail, Transportation, Utilities, and Government and defense. It is estimated that the healthcare segment will record the highest investment and growth in the year 2020. It has become a major adapter of technology with the rising number of covid-19 cases as it had to quickly adapt to the solutions for high-quality service demand. The transportation sector is also rising amidst the coronavirus due to the usage of drones by companies to fulfill the needs of essential supplies and food deliveries.
MARKET DYNAMICS
Drivers
Remote-based monitoring of the workforce will increase the market growth
Restraint
Customer expectations are a restrain in the IoT market
GLOBAL INTERNET OF THINGS MARKET: KEY PLAYERS
Global Internet of Things Market segments
PRODUCT OVERVIEW
The global Internet of things (IoT) is a system of interrelated computing devices, objects, animals, mechanical and digital machines, or people that are provided with unique identifiers along with the ability to transfer data over a network without human interaction. An IoT ecosystem consists of web-enabled smart devices that use embedded systems to collect, send, and process data. They share data by connecting to an IoT gateway, where data is sent to the cloud to be analyzed. The technological advancements have led to the use of IoT in applications such as building and home automation, infrastructure, consumer smart home applications, environmental monitoring, medical and healthcare, etc. The growing demand for connected smart devices is driving the growth of the IoT market with a CAGR.
MARKET HIGHLIGHTS
Internet of Things (IoT) market is expected to project a CAGR of 21.90% during the forecast period, 2021-2030
Factors such as an increased focus on remote monitoring, growing smart payments technology to minimize human interaction in cash payments and rising wearable devices demand to drive the market growth. With the outbreak of Covid-19, a majority of operations have been compromised which has forced organizations to function in a nonoptimized manner thus they are looking for innovative areas that can improve their revenue by a small percentage.
GLOBAL INTERNET OF THINGS MARKET: SEGMENTS
By technology
it can be classified into software segments, platforms, and services. The software segment is predicted to grow with the highest CAGR over the forecast period. The software segment is to hold the largest market as with the rising covid-19 IoT software solutions such as manufacturing and others have taken a big hit, but organizations are changing their priorities.
By Vertical
it can be further divided into Banking financial services and insurance, Healthcare, Retail, Transportation, Utilities, and Government and defense. It is estimated that the healthcare segment will record the highest investment and growth in the year 2020. It has become a major adapter of technology with the rising number of covid-19 cases as it had to quickly adapt to the solutions for high-quality service demand. The transportation sector is also rising amidst the coronavirus due to the usage of drones by companies to fulfill the needs of essential supplies and food deliveries.
MARKET DYNAMICS
Drivers
Remote-based monitoring of the workforce will increase the market growth
Restraint
Customer expectations are a restrain in the IoT market
GLOBAL INTERNET OF THINGS MARKET: KEY PLAYERS
- Royal Phillips
- IBM
- Microsoft
- Bosch
- Happiest minds
- Infosys
- Vodafone
- Cisco
- AWS
- SAP
Global Internet of Things Market segments
- By technology
- Software
- Platform
- Services
- By vertical
- Banking financial services and insurance
- Healthcare
- Retail
- Transportation
- Utilities
- Government and defense
- Global Internet of Things Market dynamics
- Global Internet of Things Market size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved in the Market
- Value Chain of the Market
- Market Drivers and Restraints
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
1. EXECUTIVE SUMMARY
2. INTERNET OF THINGS MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MARKET DYNAMICS
5.1. Growth Drivers
5.2. Restraints
5.3. Opportunity
5.4. Trends
6. CORRELATION & REGRESSION ANALYSIS
6.1. Correlation Matrix
6.2. Regression Matrix
7. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
8. RISK ANALYSIS
8.1. Demand Risk Analysis
8.2. Supply Risk Analysis
9. GLOBAL INTERNET OF THINGS MARKET ANALYSIS
9.1. Porter Five Forces
9.1.1. The Threat of New Entrants
9.1.2. Bargaining Power of Suppliers
9.1.3. Threat of Substitutes
9.1.4. Rivalry
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10. GLOBAL INTERNET OF THINGS MARKET
10.1. Market Size & forecast, 2019A-2030F
10.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11. GLOBAL INTERNET OF THINGS MARKET SEGMENTATION
11.1. By Regions
11.1.1. North America:(U.S. and Canada) By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America) By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe) By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific) By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.5. The Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of the Middle East and Africa) By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2. By Technology: Market Share (2020-2030F)
11.2.1. Software solutions, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2.2. Platforms, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2.3. Services, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3. By Vertical: Market Share (2020-2030F)
11.3.1. Banking financial services and insurance, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.2. Healthcare and life sciences, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.3. IT and ITeS, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.4. Retail and consumer goods, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.5. Telecom, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.6. Energy and utilities, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.7. Government and public sector, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.8. Manufacturing, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. COMPANY PROFILE
13. ROYAL PHILLIPS
13.1. Company Overview
13.2. Company Total Revenue (Financials)
13.3. Market Potential
13.4. Global Presence
13.5. Key Performance Indicators
13.6. SWOT Analysis
13.7. Product Launch
14. MICROSOFT
15. BOSCH
16. HAPPIEST MINDS
17. INFOSYS
18. GOOGLE
19. CISCO
20. VODAFONE
21. AWS
22. SAP
Consultant Recommendation
The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
2. INTERNET OF THINGS MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MARKET DYNAMICS
5.1. Growth Drivers
5.2. Restraints
5.3. Opportunity
5.4. Trends
6. CORRELATION & REGRESSION ANALYSIS
6.1. Correlation Matrix
6.2. Regression Matrix
7. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
8. RISK ANALYSIS
8.1. Demand Risk Analysis
8.2. Supply Risk Analysis
9. GLOBAL INTERNET OF THINGS MARKET ANALYSIS
9.1. Porter Five Forces
9.1.1. The Threat of New Entrants
9.1.2. Bargaining Power of Suppliers
9.1.3. Threat of Substitutes
9.1.4. Rivalry
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10. GLOBAL INTERNET OF THINGS MARKET
10.1. Market Size & forecast, 2019A-2030F
10.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11. GLOBAL INTERNET OF THINGS MARKET SEGMENTATION
11.1. By Regions
11.1.1. North America:(U.S. and Canada) By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America) By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe) By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific) By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.5. The Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of the Middle East and Africa) By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2. By Technology: Market Share (2020-2030F)
11.2.1. Software solutions, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2.2. Platforms, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2.3. Services, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3. By Vertical: Market Share (2020-2030F)
11.3.1. Banking financial services and insurance, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.2. Healthcare and life sciences, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.3. IT and ITeS, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.4. Retail and consumer goods, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.5. Telecom, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.6. Energy and utilities, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.7. Government and public sector, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.8. Manufacturing, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. COMPANY PROFILE
13. ROYAL PHILLIPS
13.1. Company Overview
13.2. Company Total Revenue (Financials)
13.3. Market Potential
13.4. Global Presence
13.5. Key Performance Indicators
13.6. SWOT Analysis
13.7. Product Launch
14. MICROSOFT
15. BOSCH
16. HAPPIEST MINDS
17. INFOSYS
18. GOOGLE
19. CISCO
20. VODAFONE
21. AWS
22. SAP
Consultant Recommendation
The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
