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Internet of Things Market Trends, 2020 - 2027

Internet of Things Market (By technology- Zig bee, Bluetooth Low Energy, Near Field Communication, Wi-Fi, RFID, By Application- Media, Manufacturing, Medical and Healthcare, Consumer Application, Energy Management, Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2020 - 2027

The Internet of Things is a system of interrelated devices that has the ability to transfer data over a network without requiring computer and human interaction. Internet of Things consist of various consumer electronic devices, sensors, actuators, software and network connectivity devices that facilitate these objects to exchange and collect data. These technologies are used across different applications such as manufacturing, media, healthcare, consumer application, defense and aerospace, security application and transportation among others. Moreover, Internet of Things facilitates easier and user friendly controlling of various electronic devices from a central point. Internet of Things is defined as an invisible and intelligent network of devices that remains connected via a common network.

The market of Internet of Thing is predicted to witness an exponential growth during the coming eight years owing to various government’s initiative that is anticipated to augment the growth of smart cities. Government initiative and budget allocation in different countries to build up smart cities, smart rooms, smart environments offering a better lifestyle is also predicted to fuel the growth of the IoT market globally. In addition, increasing uses of cloud computing is also expected to create a better opportunities for the growth of the Internet of Things market across different parts of the world.

internet of things market size and forecast

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The global Internet of Things is primarily driven by factors including increasing usage of smart electronic devices. Moreover, rapid technological advancements is also expected to positively impact the market growth during the forecast period. The key players in the market are not just focusing on enhancing the revenue potential of the existing IoT segment, but are also focusing on increasing their product offerings that are equipped with advanced technology to the consumers. Considering these positive factors, the demand for Internet of Things market set to rise during the forecast period from 2020 – 2027.

Based on technology, the global market is segmented into

Among different technology, Zigbee held the largest market share in 2018 owing to its increasing demand from the rapidly growing smart home sector across different parts of the world.

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Internet of Things market, by applications is classified into media, manufacturing, medical and healthcare, consumer application, energy management, others. This Internet of Things is most commonly used for medical and healthcare application and thus it accounted for a substantial share of the overall market in 2018. Moreover, the prospective for cyber physical systems to improve productivity in the production process and supply chain is predicted to boost the demand of Internet of Thing in the industrial sector.

However, inefficient real time analytics and security concern are some of the major factor predicted to deter the market growth of internet of things during the forecast period.

By geography, the IoT market has been segregated into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. In 2019, North America held the largest market of the Internet of Thing in terms of revenue. On the other hand, growing consumer’s preference towards smart devices especially in countries such as china and India is expected to drive the market of Asia Pacific region at the fastest pace. The Internet of Thing market of North America is followed by Europe in terms of revenue and these two regions collectively held more than 60% of the market in terms of revenue in 2018.

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The global Internet of Things market is characterized by the presence of numerous players in the market. The key market players majorly compete on the basis of price, performance, quality, support, services and innovations of product. Some of the major players in IoT market include Intel Corp. (U.S), Amazon (U.S), Microsoft Corp. (U.S), Cisco Systems Inc. (U.S), Google Inc. (U.S), AT&T (U.S), Apple Inc. (U.S), General Electric (U.S) and Honeywell International Inc. (U.S) among others.

The global Internet of things market has been segmented into:

by Technology

  • Zigbee
  • Bluetooth Low Energy
  • Near Field Communication
  • Wi-Fi
  • RFID

by Application

  • Media
  • Manufacturing
  • Medical and Healthcare
  • Consumer Application
  • Energy Management
  • Others

by Geography

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

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Chapter 1. Preface

        1.1. Preface 

Chapter 2. Assumptions and Research Methodology

        2.1. Assumptions and Acronyms Used

        2.2. Research Methodology

        2.3. Research Methodology

Chapter 3. Executive Summary

        3.1. Executive Summary 

Chapter 4. Market Overview

        4.1. Product Overview

        4.2. Market Trends

        4.3. Market Challenges

Chapter 5. Market Dynamics

        5.1. Introduction

        5.2. Drivers and Restraints Snapshot Analysis

        5.3. Drivers

        5.4. Restraints

        5.5. Opportunities

        5.6. Key Findings

        5.7. Global Internet of Things Market Size (US$ Bn) Forecast, 2017 - 2027

Chapter 6. Global Internet of Things Market Analysis By Technology 

        6.1. Global Internet of Things Market Attractiveness Analysis, By Technology

        6.2. Introduction

        6.3. Global Internet of Things Market Value Share Analysis, By Technology

        6.4. Global Internet of Things Market Revenue Analysis, By Technology

        6.5. Global Internet of Things Market Revenue Forecast, By Technology

Chapter 7. Internet of Things Market Analysis By Application

        7.1. Introduction

        7.2. Global Internet of Things Market Value Share Analysis, By Application

        7.3. Global Internet of Things Market Analysis, By Application

        7.4. Global Internet of Things Market Revenue Forecast, By Application

Chapter 8.  Global Internet of Things Market Analysis By Region

        8.1. Global Regulatory Scenario

        8.2. Global Internet of Things Market Value Share Analysis, By Region

        8.3. Global Internet of Things Market Forecast, By Region Type

Chapter 9. North America Internet of Things Market Analysis

        9.1. North America Internet of Things Market Value Share Analysis, By Technology

        9.2. North America Market Revenue Forecast, By Technology

        9.3. North America Internet of Things Market Value Share Analysis, By Application

        9.4. North America Market Revenue Forecast, By Application

        9.5. North America Internet of Things Market Value Share Analysis, By Country

        9.6. North America Market Revenue Forecast, By Country

        9.7. North America Internet of Things Market Analysis, By Country

        9.8. Key Trends

Chapter 10. Europe Internet of Things Market Analysis

        10.1. Europe Internet of Things Market Value Share Analysis, By Technology

        10.2. Europe Market Revenue Forecast, By Technology

        10.3. Europe Internet of Things Market Value Share Analysis, By Application

        10.4. Europe Market Revenue Forecast, By Application

        10.5. Europe Internet of Things Market Value Share Analysis, By Country

        10.6. Europe Market Revenue Forecast, By Country

        10.7. Europe Internet of Things Market Analysis, By Country

        10.8. Key Trends

Chapter 11. Asia Pacific Internet of Things Market Analysis

        11.1. Asia Pacific Internet of Things Market Value Share Analysis, By Technology

        11.2. Asia Pacific Market Revenue Forecast, By Technology

        11.3. Asia Pacific Internet of Things Market Value Share Analysis, By Application

        11.4. Asia Pacific Market Revenue Forecast, By Application

        11.5. Asia Pacific Internet of Things Market Value Share Analysis, By Country

        11.6. Asia Pacific Market Revenue Forecast, By Country

        11.7. Asia Pacific Internet of Things Market Analysis, By Country

        11.8. Key Trends

Chapter 12. Middle East and Africa Internet of Things Market Analysis

        12.1. Middle East and Africa Internet of Things Market Value Share Analysis, By Technology

        12.2. Middle East and Africa Market Revenue Forecast, By Technology

        12.3. Middle East and Africa Internet of Things Market Value Share Analysis, By Application

        12.4. Middle East and Africa Market Revenue Forecast, By Application

        12.5. Middle East and Africa Internet of Things Market Value Share Analysis, By Country

        12.6. Middle East and Africa Market Revenue Forecast, By Country

        12.7. Middle East and Africa Internet of Things Market Analysis, By Country

        12.8. Key Trends

Chapter 13. South America Internet of Things Market Analysis

        13.1. South America Internet of Things Market Value Share Analysis, By Technology

        13.2. South America Market Revenue Forecast, By Technology

        13.3. South America Internet of Things Market Value Share Analysis, By Application

        13.4. South America Market Revenue Forecast, By Application

        13.5. South America Internet of Things Market Value Share Analysis, By Country

        13.6. South America Market Revenue Forecast, By Country

        13.7. South America Internet of Things Market Analysis, By Country

        13.8. Key Trends

Chapter 14. Company Profile

        14.1. Google Inc.

        14.2. IBM Corporation

        14.3. Intel Corporation

        14.4. Amazon.com Inc.

        14.5. Apple Inc.

        14.6. Honeywell International Inc.

        14.7. General Electric

        14.8. Cisco Systems, Inc.

        14.9. Microsoft Corporation

        14.10. AT&T Inc.

List of Tables

Table 1. Global Internet of Things Market Size (US$ Bn) Forecast, By Technology, 2017 – 2027

Table 2. Global Internet of Things Market Size (US$ Bn) Forecast, By LPWAN, 2017 – 2027

Table 3. Global Internet of Things Market Size (US$ Bn) Forecast, By Platform, 2017 – 2027

Table 4. Global Internet of Things Market Size (US$ Bn) Forecast, By Application, 2017 – 2027

Table 5. Global Internet of Things Market Size (US$ Bn) Forecast, By Smart Retail, 2017 – 2027

Table 6. Global Internet of Things Market Size (US$ Bn) Forecast, By Region, 2017 – 2027

Table 7. North America Internet of Things Market Size (US$ Bn) Forecast, By Technology, 2017 – 2027

Table 8. North America Internet of Things Market Size (US$ Bn) Forecast, By LPWAN, 2017 – 2027

Table 9. North America Internet of Things Market Size (US$ Bn) Forecast, By Platform, 2017 – 2027

Table 10. North America Internet of Things Market Size (US$ Bn) Forecast, By Application, 2017 – 2027

Table 11. North America Internet of Things Market Size (US$ Bn) Forecast, By Smart Retail, 2017 – 2027

Table 12. North America Internet of Things Market Size (US$ Bn) Forecast, By Country, 2017 – 2027

Table 13. Europe Internet of Things Market Size (US$ Bn) Forecast, By Technology, 2017 – 2027

Table 14. Europe Internet of Things Market Size (US$ Bn) Forecast, By LPWAN, 2017 – 2027

Table 15. Europe Internet of Things Market Size (US$ Bn) Forecast, By Platform, 2017 – 2027

Table 16. Europe Internet of Things Market Size (US$ Bn) Forecast, By Application, 2017 – 2027

Table 17. Europe Internet of Things Market Size (US$ Bn) Forecast, By Smart Retail, 2017 – 2027

Table 18. Europe Internet of Things Market Size (US$ Bn) Forecast, By Country, 2017 – 2027

Table 19. Asia Pacific Internet of Things Market Size (US$ Bn) Forecast, By Technology, 2017 – 2027

Table 20. Asia Pacific Internet of Things Market Size (US$ Bn) Forecast, By LPWAN, 2017 – 2027

Table 21. Asia Pacific Internet of Things Market Size (US$ Bn) Forecast, By Platform, 2017 – 2027

Table 22. Asia Pacific Internet of Things Market Size (US$ Bn) Forecast, By Application, 2017 – 2027

Table 23. Asia Pacific Internet of Things Market Size (US$ Bn) Forecast, By Smart Retail, 2017 – 2027

Table 24. Asia Pacific Internet of Things Market Size (US$ Bn) Forecast, By Country, 2017 – 2027

Table 25. MEA Internet of Things Market Size (US$ Bn) Forecast, By Technology, 2017 – 2027

Table 26. MEA Internet of Things Market Size (US$ Bn) Forecast, By LPWAN, 2017 – 2027

Table 27. MEA Internet of Things Market Size (US$ Bn) Forecast, By Platform, 2017 – 2027

Table 28. MEA Internet of Things Market Size (US$ Bn) Forecast, By Application, 2017 – 2027

Table 29. MEA Internet of Things Market Size (US$ Bn) Forecast, By Smart Retail, 2017 – 2027

Table 30. MEA Internet of Things Market Size (US$ Bn) Forecast, By Country, 2017 – 2027

Table 31. South America Internet of Things Market Size (US$ Bn) Forecast, By Technology, 2017 – 2027

Table 32. South America Internet of Things Market Size (US$ Bn) Forecast, By LPWAN, 2017 – 2027

Table 33. South America Internet of Things Market Size (US$ Bn) Forecast, By Platform, 2017 – 2027

Table 34. South America Internet of Things Market Size (US$ Bn) Forecast, By Application, 2017 – 2027

Table 35. South America Internet of Things Market Size (US$ Bn) Forecast, By Smart Retail, 2017 – 2027

Table 36. South America Internet of Things Market Size (US$ Bn) Forecast, By Country, 2017 – 2027

List of Figures 

Figure 1. Research Methodology Calculation of the Global Internet of Things Market

Figure 2. Share Analysis 

Figure 3. Value Chain Analysis

Figure 4. Global Internet of Things Market Revenue (US$ Bn) and Y-o-Y Forecast, 2017 – 2027

Figure 5. Market Value Share (Revenue) By Platform (2017)

Figure 6. Market Value Share (Revenue) By Technology (2017)

Figure 7. Market Value Share (Revenue) By Application (2017)

Figure 8. Global Internet of Things Market Value Share Analysis, By Technology, 2017 and 2027

Figure 9. Internet of Things Market Attractiveness Analysis, By Technology

Figure 10. Global Internet of Things Market Value Share Analysis, By Platform, 2017 and 2027

Figure 11. Internet of Things Market Attractiveness Analysis, By Platform 

Figure 12. Global Internet of Things Market Value Share Analysis, By Application, 2017 and 2027

Figure 13. Internet of Things Market Attractiveness Analysis, By Technology

Figure 14. Internet of Things Market Analysis, By Region, North America

Figure 15. Internet of Things Market Analysis, By Region, Europe

Figure 16. Internet of Things Market Analysis, By Region, Asia Pacific

Figure 17. Internet of Things Market Analysis, By Region, Middle East and Africa

Figure 18. Internet of Things Market Analysis, By Region, South America

Figure 19. Internet of Things Market Attractiveness Analysis, By Region

Figure 20. North America Internet of Things Market Revenue (US$ Bn) and Y-o-Y Forecast, 2017 – 2027 

Figure 21. North America Internet of Things Market Value Share Analysis, By Technology, 2017 and 2027

Figure 22. North America Internet of Things Market Value Share Analysis, By Platform, 2017 and 2027

Figure 23. North America Internet of Things Market Value Share Analysis, By Application, 2017 and 2027

Figure 24. North America Internet of Things Market Value Share Analysis, By Country, 2017 and 2027

Figure 25. North America Internet of Things Market Attractiveness Analysis, By Technology

Figure 26. North America Internet of Things Market Attractiveness Analysis, By Application

Figure 27. North America Internet of Things Market Attractiveness Analysis, By Country

Figure 28. North America Internet of Things Market Attractiveness Analysis, By Platform

Figure 29. Europe Internet of Things Market Revenue (US$ Bn) and Y-o-Y Forecast, 2017 – 2027

Figure 30. Europe Internet of Things Market Value Share Analysis, By Technology, 2017 and 2027

Figure 31. Europe Internet of Things Market Value Share Analysis, By Platform, 2017 and 2027

Figure 32. Europe Internet of Things Market Value Share Analysis, By Application, 2017 and 2027

Figure 33. Europe Internet of Things Market Value Share Analysis, By Country, 2017 and 2027

Figure 34. Europe Internet of Things Market Attractiveness Analysis, By Technology

Figure 35. Europe Internet of Things Market Attractiveness Analysis, By Application

Figure 36. Europe Internet of Things Market Attractiveness Analysis, By Country

Figure 37. Europe Internet of Things Market Attractiveness Analysis, By Platform

Figure 38. Asia Pacific Internet of Things Market Revenue (US$ Bn) and Y-o-Y Forecast, 2017 – 2027

Figure 39. Asia Pacific Internet of Things Market Value Share Analysis, By Technology, 2017 and 2027

Figure 40. Asia Pacific Internet of Things Market Value Share Analysis, By Platform, 2017 and 2027

Figure 41. Asia Pacific Internet of Things Market Value Share Analysis, By Application, 2017 and 2027

Figure 42. Asia Pacific Internet of Things Market Value Share Analysis, By Country, 2017 and 2027

Figure 43. Asia Pacific Internet of Things Market Attractiveness Analysis, By Technology

Figure 44. Asia Pacific Internet of Things Market Attractiveness Analysis, By Application

Figure 45. Asia Pacific Internet of Things Market Attractiveness Analysis, By Country

Figure 46. Asia Pacific Internet of Things Market Attractiveness Analysis, By Platform

Figure 47. MEA Internet of Things Market Revenue (US$ Bn) and Y-o-Y Forecast, 2017 – 2027

Figure 48. MEA Internet of Things Market Value Share Analysis, By Technology, 2017 and 2027

Figure 49. MEA Internet of Things Market Value Share Analysis, By Platform, 2017 and 2027

Figure 50. MEA Internet of Things Market Value Share Analysis, By Application, 2017 and 2027

Figure 51. MEA Internet of Things Market Value Share Analysis, By Country, 2017 and 2027

Figure 52. MEA Internet of Things Market Attractiveness Analysis, By Technology

Figure 53. MEA Internet of Things Market Attractiveness Analysis, By Application

Figure 54. MEA Internet of Things Market Attractiveness Analysis, By Country

Figure 55. MEA Internet of Things Market Attractiveness Analysis, By Platform

Figure 56. South America Internet of Things Market Revenue (US$ Bn) and Y-o-Y Forecast, 2017 – 2027

Figure 57. South America Internet of Things Market Value Share Analysis, By Technology, 2017 and 2027

Figure 58. South America Internet of Things Market Value Share Analysis, By Platform, 2017 and 2027

Figure 59. South America Internet of Things Market Value Share Analysis, By Application, 2017 and 2027

Figure 60. South America Internet of Things Market Value Share Analysis, By Country, 2017 and 2027

Figure 61. South America Internet of Things Market Attractiveness Analysis, By Technology

Figure 62. South America Internet of Things Market Attractiveness Analysis, By Application

Figure 63. South America Internet of Things Market Attractiveness Analysis, By Country

Figure 64. South America Internet of Things Market Attractiveness Analysis, By Platform

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