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Internet of Things Technology Market - Forecast to 2022

  • ID: 3872434
  • September 2016
  • Region: Global
  • 224 Pages
  • Markets and Markets
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The Internet of Things Technology Market is Expected to Grow From USD 130.33 Billion in 2015 to USD 883.55 Billion by 2022, at a CAGR of 32.4%

FEATURED COMPANIES

  • ARM Holdings PLC
  • Atmel Corporation
  • General Electric
  • Microsoft Corporation
  • Oracle Corporation
  • Qualcomm Incorporated
  • MORE

The Internet of Things technology market size, in terms of value is expected to grow from USD 130.33 billion in 2015 to USD 883.55 billion by 2022, at a CAGR of 32.4% between 2016 and 2022.   

The Internet of Things technology market is driven by factors such as increasing Internet connectivity worldwide, increasing demand for the smartphones & other connected devices, increasing adoption of wireless sensors, and mainstreaming of cloud computing. The increasing government funding across globe for research and development in IoT and scope for innovative cross-domain application provide significant growth opportunities in the market.   

The automotive and transportation application is expected to hold the largest share of the Internet of Things technology market by 2022, whereas the consumer electronics application is expected to witness highest growth between 2016 and 2022. IoT is changing the technological landscape across all industry verticals, and organizations are seeking ways to make improvements amidst the evolution. The Internet of Things technology market in consumer electronics segment is expected to grow significantly owing to the emergence of a number of smart appliances that can connect to the Internet and smartphones,. Automotive component suppliers across the globe as automobile manufacturers are investing in IoT to deliver the next generation of automobile vehicles and related services to their customers.

In the process of determining and verifying the market size for several segments and subsegments gathered through the secondary research, extensive primary interviews have been conducted with key people. The breakdown of the profile of primary participants is given below:  

- By Company Type: Tier 1 - 50%, Tier 2 - 20%, and Tier 3 - 30%
- By Designation: C-level  Executives- READ MORE >

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ARM Holdings PLC
  • Atmel Corporation
  • General Electric
  • Microsoft Corporation
  • Oracle Corporation
  • Qualcomm Incorporated
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Scope of the Study
1.3.1 Market Covered
1.3.1.1 Geographic Scope
1.3.2 Years Considered for the Study
1.4 Currency & Pricing
1.5 Package Size
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions

3 Executive Summary
3.1 Introduction
3.2 Current Scenario
3.3 Future Trends
3.4 Conclusion

4 Premium Insights
4.1 Internet of Things Technology Market to Experience High Growth
4.2 IoT Technology Market, By Application(2016–2022)
4.3 Market: Key Applications, 2015
4.4 IoT Technology Market, By Geography, 2015
4.5 IoT Technology Software Solutions Market, By Type (2016–2022)

5 Market Overview
5.1 Introduction
5.2 Evolution of IoT Technology
5.3 Market Segmentation
5.3.1 By Hardware
5.3.2 By Platform, Software, and Services
5.3.3 By Application
5.3.4 By Geography
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Increasing Internet Connectivity
5.4.1.2 Growing Penetration of Smartphones and Other Connected Devices
5.4.1.3 Increasing Adoption of Wireless Sensors
5.4.1.4 Mainstreaming of Cloud Computing
5.4.2 Restraints
5.4.2.1 Lack of Common Communication Standards Across Platforms
5.4.2.2 Low Power Efficiency of Devices
5.4.3 Opportunities
5.4.3.1 Significant Government Funding Across the Globe for Research and Development in Iot
5.4.3.2 Scope for Innovative Cross Domain Applications and Development of Comprehensive System Solutions
5.4.4 Challenges
5.4.4.1 Data Security and Privacy Issues

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Key Influencers
6.4 Porter’s Five Forces Analysis
6.4.1 Intensity of Rivalry
6.4.2 Threat of Substitutes
6.4.3 Bargaining Power of Buyers
6.4.4 Bargaining Power of Suppliers
6.4.5 Threat of New Entrants

7 Market, By Hardware
7.1 Introduction
7.2 Processors
7.2.1 Microcontroller
7.2.2 Application Processor
7.2.3 DSP
7.2.4 Memory Chips
7.2.5 FPGA
7.3 Sensors
7.3.1 Heart Rate Sensor
7.3.2 Pressure Sensor
7.3.3 Temperature  Sensor
7.3.4 Blood Glucose Sensor
7.3.5 Blood Oxygen Sensor
7.3.6 ECG Sensor
7.3.7 Humidity Sensor
7.3.8 Image Sensor
7.3.9 Gas Sensor
7.3.10 Ambient Light Sensor
7.3.11 Flow Sensor
7.3.12 Level Sensor
7.3.13 Chemical and Gas Sensor
7.3.14 Motion and Position Sensor
7.4 Connectivity Chips
7.4.1 Ant+
7.4.2 Bluetooth Smart/Ble
7.4.3 Zigbee
7.4.4 Wi-Fi
7.4.5 Ethernet
7.4.6 NFC
7.4.7 Bluetooth
7.4.8 Enocean
7.4.9 Cellular
7.4.10 Wireless Highway Addressable Remote Transducer Protocol (WHART)
7.4.11 Others

8 Market, By Platform, Software Solution, and Service
8.1 Introduction
8.2 Platform
8.2.1 Device Management Platform
8.2.2 Application Management Platform
8.2.3 Network Management Platform
8.3 Software Solutions
8.3.1 Real Time Streaming Analytics
8.3.2 Security Solution
8.3.3 Data Management
8.3.4 Remote Monitoring System
8.3.5 Network Bandwidth Management
8.4 Services
8.4.1 Professional Services
8.4.2 Managed Services

9 Market, By Application
9.1 Introduction
9.2 Consumer Electronics
9.2.1 Productss Covered Under Consumer Electronics Application
9.2.1.1 Activity Monitors
9.2.1.2 Smartwatches
9.2.1.3 Smart Glasses
9.2.1.4 Wearable Cameras
9.2.1.5 Smart TV
9.2.1.6 Refrigerator
9.2.1.7 Washing Machine
9.2.1.8 Other Products
9.3 Building Automation
9.3.1 Productss Covered Under Building Automation Application
9.3.1.1 Occupancy Sensor
9.3.1.2 Daylight Sensor
9.3.1.3 Smart Thermostats
9.3.1.4 IP Cameras
9.3.1.5 Smart Meters
9.3.1.6 Smart Locks
9.3.1.7 Smoke Detectors
9.3.1.8 Lighting Control Actuators
9.4 Industrial
9.4.1 Products Covered Under Industrial Application
9.4.1.1 Industrial Motes
9.5 Automotive and Transportation
9.6 Healthcare
9.6.1 Productss Covered Under Healthcare Application
9.6.1.1 Fitness & Heart Rate Monitor
9.6.1.2 Blood Pressure Monitor
9.6.1.3 Blood Glucose Meter
9.6.1.4 Continuous Glucose Monitor
9.6.1.5 Pulse Oximeter
9.6.1.6 Automated External Defibrillator
9.6.1.7 Programmable Syringe Pump
9.6.1.8 Wearable Injector
9.6.1.9 Multi-Parameter Monitor
9.7 Retail
9.7.1 Productss Covered Under Healthcare Application
9.7.1.1 Smart Beacons
9.8 Oil & Gas
9.8.1 Products Covered Under Oil Ang Gas Application
9.8.1.1 Wireless Sensors for Oil & Gas
9.9 Agriculture
9.9.1 Products Covered Under Agriculture Application
9.9.1.1 Wireless Sensors for Agriculture Application
9.10 Others

10 Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 U.S
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 U.K.
10.3.3 France
10.3.4 Others
10.4 APAC
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Others
10.5 RoW
10.5.1 Middle East
10.5.2 Africa
10.5.3 South and Central America

11 Competitive Landscape
11.1 Overview
11.2 Market Rankings, Internet of Things Technology Market
11.3 Competitive Situation and Trends
11.3.1 New Product/Service Launches
11.3.2 Acquisitions and Expansions
11.3.3 Agreements, Collaborations, Joint Ventures, and Partnerships
11.3.4 Other Developments

12 Company Profiles
12.1 Introduction
12.2 PTC, Inc.
12.2.1 Overview
12.2.2 Solutions & Services
12.2.3 Recent Developments
12.2.4 MnM View
12.3 International Business Machine Corporation
12.3.1 Overview
12.3.2 Solutions Offered
12.3.3 Recent Developments
12.3.4 MnM View
12.4 Cisco Systems, Inc.
12.4.1 Overview
12.4.2 Solutions & Services
12.4.3 Recent Developments
12.4.4 MnM View
12.5 General Electric
12.5.1 Overview
12.5.2 Solutions & Services
12.5.3 Recent Developments
12.5.4 MnM View
12.6 SAP SE
12.6.1 Overview
12.6.2 Solutions Offered
12.6.3 Recent Developments
12.6.4 MnM View
12.7 Oracle Corporation
12.7.1 Overview
12.7.2 Products & Services
12.7.3 Recent Developments
12.8 Intel Corporation
12.8.1 Business Overview
12.8.2 Products Offered
12.8.3 Recent Developments
12.8.4 MnM View
12.9 ARM Holdings PLC
12.9.1 Business Overview
12.9.2 Products Offered
12.9.3 Recent Developments
12.9.4 MnM View
12.10 NXP Semiconductors N.V.
12.10.1 Business Overview
12.10.2 Products and Services
12.10.3 Recent Developments
12.10.4 MnM View
12.11 Qualcomm Incorporated
12.11.1 Business Overview
12.11.2 Products Offered
12.11.3 Recent Developments
12.11.4 MnM View
12.12 Texas Instruments Incorporated
12.12.1 Business Overview
12.12.2 Products Offered
12.12.3 Recent Developments
12.12.4 MnM View
12.13 Atmel Corporation
12.13.1 Business Overview
12.13.2 Products Offered
12.13.3 Recent Developments
12.14 Stmicroelectronics N.V.
12.14.1 Business Overview
12.14.2 Products Offered
12.14.3 Recent Developments
12.15 Microsoft Corporation
12.15.1 Overview
12.15.2 Solutiuons  Offered
Source: Company Website, Annual Reports, and Sec Filings
12.15.3 Recent Developments
12.16 AT&T, Inc.
12.16.1 Overview
12.16.2 Products & Services
Source: Company Website, Annual Reports, Secondary Databases, and Sec Filings
12.16.3 Recent Developments

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide

List of Tables

Table 1 Growing Penetration of Smartphones and Other Connected Devices Propelling the Growth of the IoT Market
Table 2 Lack of Common Communication Standards Across Platforms  Restraining the Market Growth
Table 3 Innovative Cross Domain Applications - an Exciting Growth Opportunity
Table 4 Data Security and Privacy – A Key Challenge for IoT Technology Companies
Table 5 Internet of Things Technology Market Size, By Hardware, 2013–2022 (USD Billion)
Table 6 IoT Technology Market for Hardware, By Region, 2013–2022 (USD Billion)
Table 7 Market for Processors, By Region, 2013–2022 (USD Million)
Table 8 Market for Sensors, By Region, 2013–2022 (USD Million)
Table 9 Internet of Things Technology Market for Connectivity Technology, By Region, 2013–2022 (USD Billion)
Table 10 IoT Technology Market, By Offering, 2013–2022 (USD Billion)
Table 11 Market for Platform, Software Solutions, and Services, By Region, 2013–2022 (USD Billion)
Table 12 Internet of Things Technology Market, By Platform Type, 2013–2022 (USD Billion)
Table 13 IoT Technology Market for Platform, By Region, 2013–2022 (USD Billion)
Table 14 Market, By Software Solution, 2013–2022 (USD Billion)
Table 15 IoT Technology Market for Software Solutions, By Region, 2013–2022 (USD Billion)
Table 16 Market, By Service Type, 2013–2022 (USD Billion)
Table 17 IoT Technology Market for Services, By Region, 2013–2022 (USD Billion)
Table 18 Internet of Things Technology Market, By Application, 2013–2022 (USD Billion)
Table 19 IoT Technology Market for Consumer Electronics, By Offering, 2013–2022 (USD Billion)
Table 20 Market for Consumer Electronics, By Hardware, 2013–2022 (USD Million)
Table 21 Market for Consumer Electronics, By Processor Type, 2013–2022 (USD Million)
Table 22 IoT Technology Market for Consumer Electronics, By Processor Type, 2013–2022 ( Million Units)
Table 23 Internet of Things Technology Market for Consumer Electronics, By Sensor Type, 2013–2022 (USD Million)
Table 24 IoT Technology Market for Consumer Electronics, By Sensor Type, 2013–2022 (Million Units)
Table 25 Market for Consumer Electronics, By Connectivity Technology, 2013–2022 (USD Million)
Table 26 Internet of Things Technology Market for Consumer Electronics, By Connectivity Technology, 2013–2022 (Million Units)
Table 27 IoT Technology Market for Consumer Electronics, By Offering, 2013–2022 (USD Billion)
Table 28 Internet of Things Technology Market for Building Automation, By Offering, 2013–2022 (USD Billion)
Table 29 IoT Technology Market in Building Automation, By Hardware, 2013–2022 (USD Million)
Table 30 Market for Building Automation, By Processor Type, 2013–2022 (USD Million)
Table 31 Market for Building Automation, By Processor Type, 2013–2022 ( Million Units)
Table 32 Internet of Things Technology Market for Building Automation Application, By Sensor Type, 2013–2022 (USD Million)
Table 33 IoT Technology Market for Building Automation Application, By Sensor Type, 2013–2022 (Million Units)
Table 34 Market for Building Automation Application, By Connectivity Technology, 2013–2022 (USD Million)
Table 35 Market for Building Automation Application, By Connectivity Technology, 2013–2022 (Million Units)
Table 36 IoT Technology Market for Building Automation, By Offering, 2013–2022 (USD Billion)
Table 37 Market for Industrial Mote Application, By Offering, 2013–2022 (USD Billion)
Table 38 Market in Industrial Application, By Hardware, 2013–2022 (USD Million)
Table 39 IoT Technology Market for Industrial Application in Terms of Value & Volume, By Processor Type, 2013–2022
Table 40 Internet of Things Technology Market for Industrial Application, By Sensor type, 2013–2022 (USD Million)
Table 41 IoT Technology Market for Industrial Application, By Sensor Type, 2013–2022 (Million Units)
Table 42 Market for Industrial Application, By Connectivity Technology, 2013–2022 (USD Million)
Table 43 Market for Industrial Application, By Connectivity Technology, 2013–2022 (Million Units)
Table 44 IoT Technology Market for Industrial Application, By Offering, 2013–2022 (USD Billion)
Table 45 Internet of Things Technology Market for Automotive & Transportation Application, By Offering, 2013–2022 (USD Billion)
Table 46 IoT Technology Market for Automotive & Transportation Application, By Hardware, 2013–2022 (USD Million)
Table 47 Market for Automotive & Transportation Application, By Processor Type, 2013–2022 (USD Million)
Table 48 IoT Technology Market for Automotive & Transportation Application, By Processor Type, 2013–2022 ( Million Units)
Table 49 Market for Automotive and Transportation in Terms of Value & Volume, By Sensor Type, 2013–2022
Table 50 IoT Technology Market for Automotive & Transportation Application, By Connectivity Technology, 2013–2022 (USD Million)
Table 51 IoT Technology Market for Automotive & Transportation Application, By Connectivity Technology, 2013–2022 (Million Units)
Table 52 Market for Automotive & Transportation Application, By Offering, 2013–2022 (USD Billion)
Table 53 Internet of Things Technology Market for Healthcare Application, By Offering, 2013–2022 (USD Billion)
Table 54 IoT Technology Market for Healthcare Application, By Hardware, 2013–2022 (USD Million)
Table 55 Market for Healthcare Application in Terms of Value and Volume, By Processor Type, 2013–2022
Table 56 IoT Technology Market for Healthcare Application, By Sensor Type, 2013–2022 (USD Million)
Table 57 Market for Healthcare Application, By Sensor Type, 2013–2022 (Million Units)
Table 58 IoT Technology Market for Healthcare Application, By Connectivity Technology, 2013–2022 (USD Million)
Table 59 Market for Healthcare Application, By Connectivity Technology, 2013–2022 (Million Units)
Table 60 IoT Technology Market for Healthcare Application, By Offering , 2013–2022 (USD Billion)
Table 61 Internet of Things Technology Market for Retail Application, By Offering, 2013–2022 (USD Million)
Table 62 IoT Technology Market for Retail Application, By Hardware, 2013–2022 (USD Million)
Table 63 Market for Retail Application in Terms of Value & Volume, By Processor Type, 2013–2022
Table 64 IoT Technology Market for Retail Application in Terms of Value and Volume, By Connectivity Technology, 2013–2022
Table 65 IoT Technology Market for Retail Application, By Offering, 2013–2022 (USD Billion)
Table 66 Internet of Things Technology Market for Oil & Gas Application, By Offering, 2013–2022 (USD Billion)
Table 67 Market for Oil & Gas Application, By Sensor Type, 2013–2022 (USD Million)
Table 68 Market for Oil & Gas Application, By Sensor Type, 2013–2022 (Thousand Units)
Table 69 IoT Technology Market for Oil & Gas Application in Terms of Value & Volume, By Connectivity Technology, 2013–2022
Table 70 IoT Technology Market for Oil & Gas Application, By Offering, 2013–2022 (USD Billion)
Table 71 Internet of Things Technology Market for Agriculture Application, By Offering, 2013–2022 (USD Billion)
Table 72 Market for Agriculture Application, By Hardware, 2013–2022 (USD Million)
Table 73 Market for Agriculture Application in Terms of Value & Volume, By Processor Type, 2013–2022
Table 74 Market for Agriculture Application, By Sensor Type, 2013–2022 (USD Million)
Table 75 Market for Agriculture Application, By Connectivity Technology, 2013–2022 (USD Million)
Table 76 Market for Agriculture Application, By Connectivity Technology, 2013–2022 (Million Units)
Table 77 IoT Technology Market for Agriculture Application, By Offering, 2013–2022 (USD Billion)
Table 78 IoT Technology Market for Other Applications, By Offering, 2013–2022 (USD Billion)
Table 79 Market for Other Applications, By Hardware, 2013–2022 (USD Million)
Table 80 Market for Other Applications, By Offering, 2013–2022 (USD Billion)
Table 81 Internet of Things Technology Market, By Region, 2013–2022 (USD Billion)
Table 82 Market in North America, By Offering, 2013–2022 (USD Billion)
Table 83 IoT Technology Market in North America, By Hardware, 2013–2022 (USD Million)
Table 84 Market in North America, By Offering, 2013–2022 (USD Billion)
Table 85 IoT Technology Market in North America, By Country, 2013–2022 (USD Billion)
Table 86 Internet of Things Technology Market Size in Europe, By Offering, 2013–2022 (USD Billion)
Table 87 IoT Technology Market in Europe, By Hardware, 2013–2022 (USD Million)
Table 88 Market in Europe, By Offering, 2013–2022 (USD Billion)
Table 89 IoT Technology Market in Europe, By Country, 2013–2022 (USD Billion)
Table 90 Internet of Things Technology Market in APAC, By Offering, 2013–2022 (USD Billion)
Table 91 IoT Technology Market in APAC, By Hardware, 2013–2022 (USD Million)
Table 92 Market in APAC, By Offering, 2013–2022 (USD Billion)
Table 93 IoT Technology Market Size in APAC, By Country, 2013–2022 (USD Billion)
Table 94 Internet of Things Technology Market Size in RoW, By Offering, 2013–2022 (USD Billion)
Table 95 IoT Technology Market in RoW, By Hardware, 2013–2022 (USD Million)
Table 96 Market in RoW, By Offering, 2013–2022 (USD Billion)
Table 97 Market Size in RoW, By Region, 2013–2022 (USD Billion)
Table 98 IoT Technology Market: Key Player Rankings, 2015
Table 99 New Product/Service Launches, 2012–2015
Table 100 Acquisitions and Expansions, 2012–2015
Table 101 Agreements, Collaborations, Joint Ventures, and Partnerships 2012–2015
Table 102 Other Developments, 2012–2015

List of Figures

Figure 1 IoT Technology Market: Research Methodology
Figure 2 Bottom-Up Approach
Figure 3 Top-Down Approach
Figure 4 Market Breakdown & Data Triangulation
Figure 5 Assumptions of the Research Study
Figure 6 Internet of Things Technology Market to Cross USD 880 Billion By 2022
Figure 7 Processing Segment Expected to Experience High Growth in the Hardware Market
Figure 8 Software Solutions to Hold the Largest Share of the IoT Technology Market
Figure 9 Automotive & Transportation Application to Dominate the IoT Technology Market During the Forecast Period
Figure 10 North America Held the Largest Market Share, 2015
Figure 11 Device Management Platform Expected to Lead the Market During the Forecast Period
Figure 12 Industrial Sector is Estimated the Largest End-User in 201 and is Projected to Remain So in 2020
Figure 13 Attractive Growth Opportunities for the IoT Technology Market
Figure 14 IoT Software Solutions to Hold the Largest Market During  the Forecast Period
Figure 15 Automotive & Transportation  Held the Largest Share of the Market in 2015
Figure 16 U.S. Held the Largest Share of the IoT Technology Market in 2015
Figure 17 Network Bandwidth Management Segment to Dominate the Software Solutions Market During the Forecast Period
Figure 18 IoT Evolution
Figure 19 IoT Market Segmentation, By Geography
Figure 20 Increasing Internet Connectivity to Enhance the Growth of Market
Figure 21 Percentage of Households With Internet Access  in Different Regions in 2015
Figure 22 Value Chain Analysis: Internet of Things Technology Market
Figure 23 Porter’s Five Forces Analysis
Figure 24 Intensity of Rivalry in the IoT Technology Market
Figure 25 Threat of Substitutes in the Market
Figure 26 Bargaining Power of Buyers in the Market
Figure 27 Bargaining Power of Suppliers in the Market
Figure 28 Threat of New Entrants in the IoT Technology Market
Figure 29 Processing Segment to Grow Fastest During the Forecast Period
Figure 30 APAC to Grow at the Highest Rate in the Internet of Things Technology Market for Processors  During the Forecast Period
Figure 31 APAC to Grow at the Highest Rate in the IoT Technology Market for Sensors During the Forecast Period
Figure 32 APAC to Grow at the Highest Rate in the Market for Connectivity Technology During the Forecast Period
Figure 33 Software Solutions Expected to Lead the Market During the Forecast Period
Figure 34 Device Management Platform Expected to Lead the IoT Technology Market During the Forecast Period
Figure 35 Real-Time Streaming Analytics Expected to Grow at the Highest Rate in the Market for Software Solutions During the Forecast Period
Figure 36 APAC Expected to Grow at the Highest Rate in the IoT Technology Market for Software Solutions During the Forecast Period
Figure 37 Professional Services Expected to Lead the Market for Services During the Forecast Period
Figure 38 Automotive & Transportation Application Expected to Hold the Largest Size of the Market During the Forecast Period
Figure 39 Platform, Software Solutions, and Services to Dominate the IoT Technology Market for Consumer Electronics  Application During the Forecast Period
Figure 40 Application Processor to Hold the Largest Size of the IoT Technology Market for Consumer Electronics  Application Based on Processor Type
Figure 41 Image Sensors to Hold the Largest Market Size for Consumer Electronics  Application
Figure 42 Wi-Fi Technology to Dominate Consumer Electronics  Application
Figure 43 Software Solutions Segment to Hold the Largest Size in the Internet of Things Technology Market for Consumer Electronics  Application
Figure 44 Platform, Software Solutions, and Services to Dominate the Market for Building Automation  Application During the Forecast Period
Figure 45 Microncontrollers  to Grow at the Highest Rate in the IoT Technology Market for Building Automation  Application
Figure 46 Enocean to Grow at the Highest Rate in  the Market for Building Automation  Application
Figure 47 Software Solutions Segment to Hold the Largest Size of the Market for Building Automation  Application
Figure 48 Processor  Segment to Grow at the Highest Rate in the IoT Technology Market for Building Automation  Application
Figure 49 Temperature Sensor  to Grow at the Highest Rate in Terms of Volume for the IoT Technology Market for Industrial  Application
Figure 50 Software Solutions Segment to Hold the Largest Size of the Internet of Things Technology Market for Industrial  Application
Figure 51 Connectivity Technology Segment to Dominate the Market for Automotive and Transportation  Application
Figure 52 Micontrollers  to Hold the Largest Size of the IoT Technology Market for Automotive and Transportation  Application
Figure 53 Bluetooth  Technology to Grow at the Highest Rate in Terms of Volume for Automotive & Transportation  Application
Figure 54 Platform, Software Solutions, and Services to Lead the Internet of Things Technology Market for Healthcare  Application During the Forecast Period
Figure 55 Blood Glucose Sensor  to Grow at the Highest Rate in the IoT Technology Market for Healthcare  Application
Figure 56 Bluetooth Smart/Ble  to Dominate the Connectivity Technology Segment of the Market for Healthcare  Application
Figure 57 Software Solutions Segment to Hold the Largest Size of the IoT Technology Market for Healthcare  Application
Figure 58 Platform, Software Solutions, and Services to Dominate the Market for Retail  Application During the Forecast Period
Figure 59 Software Solutions Segment to Dominate the Internet of Things Technology Market for Retail  Application
Figure 60 Level Sensors  to Dominate the Sensor  Segment of the IoT Technology Market for Oil and Gas  Application
Figure 61 Software Solutions Segment to Dominate the IoT Technology Market for Oil & Gas  Application
Figure 62 Connectivity Technology Segment to Grow at the Highest Rate in the Market for Agriculture  Application
Figure 63 GNSS Modules to Grow at the Highest Rate in the IoT Technology Market for Agriculture  Application
Figure 64 Software Solutions Segment to Hold the Largest Size of the IoT Technology Market for Agriculture  Application
Figure 65 Services Segment to Grow at the Highest Rate in the Market for Oil & Gas  Application
Figure 66 Geographic Snapshot (2015): U.S. is the Largest Market for IoT Technology Worldwide
Figure 67 North America: Market Snapshot, 2015
Figure 68 Software Solutions Segment to Dominate the Internet of Things Technology Market in North America
Figure 69 Platform, Software Solutions, and Services to Dominate the Market in Europe
Figure 70 Germany to Dominate the Market in Europe
Figure 71 APAC: Market Snapshot
Figure 72 Software Solutions Segment to Dominate the Internet of Things Technology Market in APAC
Figure 73 Platform, Software Solutions, and Services to Dominate the IoT Technology Market in RoW
Figure 74 Software Solutions Segment to Dominate the Market in RoW
Figure 75 Companies Adopted New Product Launches as A Key Growth Strategy During 2012–2015
Figure 76 Battle for Market Share: Agreements, Collaborations, Joint Ventures, Partnerships Was the Key Strategy During 2012–2015
Figure 77 Geographic Revenue Mix of Key Players
Figure 78 PTC, Inc.: Company Snapshot
Figure 79 PTC, Inc.: SWOT Analysis
Figure 80 International Business Machine Corporation: Company Snapshot
Figure 81 IBM Corporation: SWOT Analysis
Figure 82 Cisco Systems, Inc.: Company Snapshot
Figure 83 Cisco Systems, Inc.: SWOT Analysis
Figure 84 General Electric: Company Snapshot
Figure 85 General Electric: SWOT Analysis
Figure 86 SAP SE: Company Snapshot
Figure 87 SAP SE: SWOT Analysis
Figure 88 Oracle Corporation: Company Snapshot
Figure 89 Intel Corporation: Company Snapshot
Figure 90 Intel Corporation: SWOT Analysis
Figure 91 ARM Holdings PLC: Company Snapshot
Figure 92 ARM Holdings PLC  :SWOT Analysis
Figure 93 NXP Semiconductors: Company Snapshot
Figure 94 NXP Semiconductors: SWOT Analysis
Figure 95 Qualcomm Inc.: Company Snapshot
Figure 96 Qualcomm Inc.: SWOT Analysis
Figure 97 Texas Instruments Incorporated: Company Snapshot
Figure 98 Texas Instruments Incorporated: SWOT Analysis
Figure 99 Atmel Corporation: Company Snapshot
Figure 100 Stmicroelectronics N.V.: Company Snapshot
Figure 101 Microsoft Corporation: Company Snapshot
Figure 102 AT&T, Inc: Company Snapshot

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ARM Holdings PLC
  • Atmel Corporation
  • General Electric
  • Microsoft Corporation
  • Oracle Corporation
  • Qualcomm Incorporated
  • MORE

According to the forecast, the Internet of Things technology market, in terms of value, is expected to grow from USD 130.33 Billion in 2015 to USD 883.55 Billion by 2022, at a CAGR of 32.4% between 2016 and 2022. The market is highly diversified and competitive with market players that include top-tier and mid-tier companies and as well as start-up firms. With the rate of proliferation of wireless sensors, the increasing adoption of emerging technologies, and mainstreaming of many smart consumer applications, the IoT has become the most popular concept across domains, such as automotive, healthcare, and consumer electronics among others.

This report covers the Internet of Things technology market segmented on the basis of hardware components, platform, software solutions, and services, application, and geography. The overall market is composed of the hardware component market and the platform, software solutions, and services market.  The key applications of the market include consumer electronics, building automation, industrial, automotive and transportation, healthcare, retail, oil & gas, and agriculture.

The software solutions segment held the largest share of the Internet of Things technology market. Software solutions are designed to meet interoperability challenges that arise due to varied heterogeneous device, and to manage large volume of data and its security and privacy. The market for services is expected to grow at the highest CAGR during the forecast period. Factors such as increasing adoption of connected devices across organizations and evolution of high-speed networking technologies have encouraged organizations in every industry sector to adopt IoT solutions.

The North America region held the largest share of the Internet of Things technology market in 2015. The major driving factors for the growth in the North America region are increased research and development in the field of IoT, high penetration of Internet and smartphones, and growth of a number of IoT startups. The APAC region is expected to grow at the highest CAGR during the forecast period and become the largest market for Internet of Things technology by 2022.

Lack of common communication standards across platforms and low power efficiency of IoT devices act as restraints for the growth of this market. The Internet of Things technology market provides huge scope for innovative cross domain applications and development of comprehensive system solutions. The increasing interconnectivity of IoT-enabled devices collecting and sharing data significantly increases the number of potential vulnerabilities within the IoT ecosystem causing major data security and privacy issues.

Note: Product cover images may vary from those shown
4 of 4

- ARM Holdings PLC
- AT&T, Inc.
- Atmel Corporation
- Cisco Systems, Inc.
- General Electric
- Intel Corporation
- International Business Machine Corporation
- Microsoft Corporation
- NXP Semiconductors N.V.
- Oracle Corporation
- PTC, Inc.
- Qualcomm Incorporated
- SAP SE
- Stmicroelectronics N.V.
- Texas Instruments Incorporated

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5 of 4
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