The report studies the factors influencing the growth of the industry in the global Internet of Things Connectivity market and offers accurate predictions about the growth pattern. The report pays special attention to the key elements of the Internet of Things Connectivity market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies.
The global Internet of Things (IoT) connectivity market size reached USD 5.91 Billion in 2021 and is expected to register a revenue CAGR of 24.1% during the forecast period, according to latest analysis by Emergen Research. Growing use of wireless communication protocols such as Bluetooth, Zigbee, and others in IoT devices is driving market revenue growth.
The IoT is a network of interconnected computing devices, primarily mechanical and digital machines, that are assigned unique identifiers and thus enable data transfer within them over a network without the need for human-to-computer interaction. It works by connecting these devices to a cloud-based application that shares information and data. When the data reaches the cloud, the software processes it and decides what action to take. There is also a user interface that allows the user to manually check the information or prompt any action.
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Objectives of the Report:
- Industrial structure analysis of the Internet of Things Connectivity market by identification of various sub-segments
- Extensive analysis of key market players along with their SWOT analysis
- Competitive landscape benchmarking
- Analysis of Internet of Things Connectivity market based on growth trends, futuristic outlook, and contribution to the total growth of the market
- Analysis of drivers, constraints, opportunities, challenges, and risks in the global Internet of Things Connectivity market
- Comprehensive analysis of competitive developments such as expansions, agreements,
- new product launches, and other strategic alliances
The complete regional analysis covers:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Competitive Landscape:
The latest report encases an in-depth summary of the intensely competitive landscape of the global Internet of Things Connectivity market, with systematic profiling of the companies operating across this industry. In this section of the report, experts have listed down the strategic initiatives undertaken by these market rivals for proposed business expansion. Additionally, it highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have also been assessed in the report through effective analytical tools like SWOT analysis.
Some major companies in the global market report include Huawei Technologies Co. Ltd., Cisco Systems, Inc., ATT Intellectual Property, Telefónica, Telefonaktiebolaget LM Ericsson, Vodafone Group Plc., Verizon, Orange Business Services, Sierra Wireless, and Hologram Inc.
Emergen Research has segmented global IoT connectivity market on the basis of component, application, deployment type, end-use, and region:
- Component Outlook (Revenue, USD Billion; 2019-2030)
- Hardware
- Software
- Services
- Application Outlook (Revenue, USD Billion; 2019-2030)
- Building Home Automation
- Smart Energy Utility
- Smart Manufacturing
- Smart Grid
- Smart Retail
- Smart Transportation
- Others
- Deployment Type Outlook (Revenue, USD Billion; 2019-2030)
- On-Premise
- Cloud
- End-use Outlook (Revenue, USD Billion; 2019-2030)
- Education Healthcare
- Defense Aerospace
- Information Technology Telecommunication
- Retail E-Commerce
- Manufacturing
- Others
The report addresses the following key points:
- The report provides a forecast of market drivers, restraints, and future opportunities for the Internet of Things Connectivity market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the Internet of Things Connectivity market with analysis of the regions and segments expected to dominate the Internet of Things Connectivity market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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