IoT Devices Market to 2023 – Global Analysis and Forecasts by Types, Technologies, Applications and End-User Verticals

Pune India - October 24, 2019 /MarketersMedia/ —

IoT Devices Market 2019

Description: -

The IoT, refers to the millions of physical devices and electronic machines around the globe that are now connected to the web, and serve the purpose of data collection and sharing. At the fundamental level, Internet of things can be defined as a network of machines or devices which interact with each other via M2M (machine to machine) communication, and enable the exchange and collection of data.

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Key Players
Cisco
GE
Honeywell
Intel
IBM
ABB
Rockwell Automation
Siemens
Huawei
Bosch
Kuka
Texas Instrumemts
Dassault Systemes
PTC
ARM
NEC

The advancement in the communication and information system technologies has opened the world of possibilities in several aspects of our lives. Internet of Things is the combination of software and hardware technology which produces trillions of data through connecting sensors and devices. Anything can be IoT if it can transmit and receive data over the cloud. Internet of Things has helped both researchers and practitioners to design innovative devices and applications, specifically in the health care industry.

With the rapid popularity of wearable devices, cloud computing, and mobile applications, the IoT is playing an enormous role in the health care sector. It has transformed the traditional model of healthcare into a personalized, smart, and efficient healthcare system. The IoT enabled devices connect to a user interface with a help of a software or application accessible by computer, mobile, or tablet. These devices let the users to perform basic functions like view the data, conduct basis analytics, and share information and updates within a circle. These devices, along with the software/application and the storage facilities to store data, comprise IoT.

Market Segmentation
The Global market is vast, with diversified number of products under different categories. These products can either be categorized on the basis of their type, or on the basis of how they are used by the end-users. When divided on the basis of type, they are of following types: IoT Device for Sensor, IoT Device as RFID, IoT Device as Industrial Robotics, IoT-enabled Distributed Control System, IoT-enabled Condition Monitoring, IoT-enabled Smart Meter, IoT-enabled Smart Beacon, IoT-enabled Yield Monitoring, IoT-enabled Electronic Shelf Label, and IoT-enabled Camera. Given the versatility of these product, the global market is expanded into several segments. When split on the basis of application, there are following categories in the global market: IoT Device for Manufacturing, IoT Device for Energy, IoT Device for Oil & Gas, IoT Device for Metals and Mining, IoT Device for Healthcare Retail, IoT Device for Transportation, IoT Device for Agriculture

Regional Overview
In North America, the market is segmented in the following regions; Mexico, Jamaica, Canada, Bermuda, Bonaire, Dominica, United States of America, and US Virgin Islands. In South America, maximum consumption is in the following states: , Jamaica, Canada, Bermuda, Bonaire, Dominica, United States of America, Argentina, Bolivia, Peru, Ecuador, Chile, Venezuela, Suriname, Peru, and Colombia. In Australia, most of the manufacturing and supply units are in New Zealand, Solomon Islands, and Tonga.

Industry News
As reported by a recent study published on space market, the value of creating a network of such devices come from the ability to use data analytics, personalize services, and share information to remote locations.

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Table of Contents -Major Key Points
• Market Overview
• Manufacturers Profiles
• Global IoT Devices Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
• Global IoT Devices Market Analysis by Regions
• North America IoT Devices by Countries
• Europe IoT Devices by Countries
• Asia-Pacific IoT Devices by Countries

Continued….

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Release ID: 88930664