Global Internet of Things (IoT) Market to grow at a CAGR of 31.72% by 2019

(IT-NEWSWIRE.COM, February 26, 2015 ) The Internet of Things (IoT) is a network of physical tangible objects interconnected through various network technologies. These objects can communicate among themselves and with the external environment when required. IoT facilitates an interconnection of end-user devices and the underlying communication devices. IoT combines hardware, embedded software, communication services, and IT services. IoT helps create smart communication environments such as smart homes, smart shopping, smart transportation, and smart healthcare. The major components of IoT include RFID, WSN, NFC, cloud services, gateways, data storage and analytics, and visualization elements. IoT helps in efficient monitoring and management of numerous interconnected devices.

Analysts forecast the Global IoT market to grow at a CAGR of 31.72 percent over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the Global IoT market for the period 2015-2019. To calculate the market size, the report considers revenue generated from IoT software, solutions, tools, applications, services, support, and maintenance.

Global IoT Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global IoT market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key Regions

Americas
APAC
EMEA

Key Vendors

Alcatel-Lucent
AT&T
Cisco Systems
Ericsson

Other Prominent Vendors

Amazon Web Services
Apple
ARM Holdings
Bosch Software Innovations
Freescale Semiconductor
General Electric
Google
Huawei Technologies
IBM
Intel
Microsoft
Oracle
PTC
Qualcomm
Samsung Electronics

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Market Driver

Increase in Number of Smart Connected Devices

Market Challenge

Concerns over Data Protection and Security

Market Trend

Expansion of Mobile Network Infrastructure

Key Questions Answered in this Report

What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

RnR Market Research

Ritesh Tiwari

1 888 391 5441

sales@rnrmarketresearch.com

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