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The Global IoT Market is Expected to Grow at a CAGR of Around 10.2% During the Forecast Period, 2020-2028 - ResearchAndMarkets.com

February 3, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Feb 3, 2020--

The “Global IoT Market & Technology Forecast to 2028” report has been added to ResearchAndMarkets.com’s offering.

The Global IoT Market is expected to grow at a CAGR of around 10.2% during the forecast period, the market is expected to grow from USD 916.9 Billion in 2020 to USD 1994.3 Billion in 2028. The cumulative market is expected to reach USD 13100 Billion.

The Global IoT market would be dominated by three regions - North America, Western Europe and Asia Pacific. The Asia Pacific market is expected to account to more than 30% of the total market.

The cost of implementation and legacy devices is expected to act as restraints to the growth of IoT market during the forecast period. The current IoT market is fragmented and one of the key challenges is lack of standardization. Bottleneck issues are expected to arise as the IoT market grows which would result in the shift from cloud computing to edge computing and then to a mesh topology. IPV4 standard is expected to be replaced by the IPV6 standard to accommodate the large number of connected devices which would be present in the IoT market in the future.

It is expected that there would be a transformation in the way data is being processed. Data processing would shift from centralized and cloud to edge technology where analysis of data and development of solutions would take place at the site where the data is generated. Edge computing is expected to have vast applications in time critical processes like time-critical like driverless transport applications. The diminishing size of sensors is primarily driven by the MEMS technology.

The report is aimed at:

Reasons to buy

Who is this report for?

Key Topics Covered:

1 Introduction

1.1 Objective

1.2 Market Introduction

1.3 Market Scope

1.4 Methodology

1.5 Scenario based Forecast

1.6 Who will benefit from this report?

1.7 Language

2 Executive Summary

2.1 Internet of Things (IoT) Market Trends and Insights

2.2 Top Five Major Findings

2.3 Major Conclusion

2.4 Important Tables and Graphs

3 Current Market Overview of the Global IoT Market

3.1 Market Overview

3.2 Current Market Trends

3.3 Legal and Ethical IoT

3.4 Infonomics

3.5 Data Storage and Processing

3.6 Governance

3.7 Sensors

3.8 IoT user experience

3.9 Chip innovation

3.10 New Wireless Networking Technologies for IoT

3.11 IoT and Blockchain

3.12 Automated Vehicles

4 Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Challenges

4.4 Market Technologies

4.5 PEST

4.6 Porter’s Five Force

5 Regional Trends- Country wise

5.1 Introduction

5.2 United Kingdom

5.3 France

5.4 Spain

5.5 Netherlands

5.6 Italy

5.7 Germany

5.8 China

5.9 Japan

5.10 India

5.11 South Korea

5.12 USA

5.13 Canada

6 IoT Market Forecast by Region to 2028

6.1 Total Global Market by Region to 2028

6.2 Total Global Market by Region (By Industry) to 2028

6.3 Total Global Market by Region (By Technology) to 2028

7 IoT Market Forecast by Industry to 2028

7.1 Total Global Market by Industry to 2028

7.2 Total Global Market by Industry (By Deployment) to 2028

7.3 Total Global Market by Industry (By Product Type) to 2028

8 IoT Market Forecast by Technology to 2028

8.1 Total Global Market by Technology to 2028

8.2 Total Global Market by Technology (By Industry) to 2028

8.3 Total Global Market by Technology (By Deployment) to 2028

9 Scenario Analysis

9.1 Introduction

9.2 Scenario Analysis 1

9.3 Scenario Analysis 2

10 Opportunity Analysis

10.1 By Region

10.2 By Industry

10.3 By Technology

10.4 By Deployment

10.5 By Product Type

11 Company Profiling

11.1 IBM

11.2 Microsoft

11.3 Huawei

11.4 Dell

11.5 Hewlett Packard Enterprise

11.6 Intel Corporation

11.7 Cisco

11.8 Alibaba

11.9 AT&T

11.10 Fujitsu

11.11 Qualcomm

11.12 Samsung

12 Strategic Conclusions

For more information about this report visit https://www.researchandmarkets.com/r/5oj5be

View source version on businesswire.com:https://www.businesswire.com/news/home/20200203005596/en/

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SOURCE: Research and Markets

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