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The future of the IoT connectivity market looks promising with opportunities in the BFSI, healthcare, aerospace & defense, IT & telecommunication, retail & E-commerce, and manufacturing industries. The global IoT connectivity market is expected to grow with a CAGR of 18% to 20% from 2021 to 2026. The major drivers for this market are secure & high speed connectivity; need to integrate components of the IoT ecosystem, increasing demand of IoT in telecommunication sector.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of IoT connectivity market report download the report brochure.
The study includes trends and forecasts for the global IoT connectivity market by component, organization size, application, end use industry, and region as follows:
By Component [$M shipment analysis for 2015 – 2026]:
By Organization Size [$M shipment analysis for 2015 – 2026]:
By Application [$M shipment analysis for 2015 – 2026]:
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Building & Home Automation
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Smart Energy & Utility
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Smart Manufacturing
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Connected Health
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Smart Retail
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Smart Transportation
By End Use Industry [$M shipment analysis for 2015 – 2026]:
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BFSI
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Healthcare
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Defense & Aerospace
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IT & Telecommunication
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Retail & E-Commerce
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Manufacturing
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Others
By Region [$M shipment analysis for 2015 – 2026]:
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North America
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United States
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Canada
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Mexico
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Europe
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Germany
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United Kingdom
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France
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Italy
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Asia Pacific
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China
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Japan
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India
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South Korea
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The Rest of the World
Platform segment is expected to witness the highest growth over the forecast period due to the common point to manage the entire network of an organization along with devices, and, at the same time, ensure the security of communications. These platforms analyze data transferred over a network and automatically routes it to avoid congestions that can result in a network crash.
The North America will remain the largest region during the forecast period due to increasing adoption of IoT, AI, & cloud computing, high R&D investment, and digital transformation.
Some of the IoT connectivity companies profiled in this report include AT&T, Cisco, Verizon, Vodafone, Ericsson, Sierra Wireless, Orange, Telefónica, Huawei, Telit, Hologram, Particle, Aeris, Sigfox, EMnify, and Moeco.
Features of IoT Connectivity Market
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Market Size Estimates: IoT connectivity market size estimation in terms of value ($M)
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Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments and regions.
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Segmentation Analysis: Market size by component, organization size, application and end use industry
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Regional Analysis: IoT connectivity market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
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Growth Opportunities: Analysis on growth opportunities in different end use industries, application, component, organization size, and regions for IoT connectivity market.
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Strategic Analysis: This includes M&A, new product development, and competitive landscape for the IoT connectivity market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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This report answers following 11 key questions |
Q.1 What are some of the most promising potential, high-growth opportunities for the global IoT connectivity market by component (platform, services), organization size (small & medium and large), application (building &home automation, smart energy & utility, smart manufacturing, connected health, smart retail, and smart transportation), and end use industry (BFSI, healthcare, defense& aerospace, IT & telecommunication, retail & E-commerce, manufacturing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the IoT connectivity market?
Q.5 What are the business risks and threats to the IoT connectivity market?
Q.6 What are emerging trends in the IoT connectivity market and the reasons behind them?
Q.7 What are some changing demands of customers in the IoT connectivity market?
Q.8 What are the new developments in the IoT connectivity market? Which companies are leading these developments?
Q.9 Who are the major players in the IoT connectivity market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the IoT connectivity market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the IoT connectivity market? |