Global Internet of Things Technology Market (2021-2026) by Node Component, Software Solution, Platform, Service, End-User Application, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The Global Internet of Things Technology Market is estimated to be USD 412.6 Bn in 2021 and is expected to reach USD 546.9 Bn by 2026, growing at a CAGR of 5.8%.

Market Dynamics

Implementation of IoT technology has become easy, and with the advancement of technology is expected to provide several advantages to various sectors in improving customer service & experience, reduction in operational cost, and others. Not only the large enterprise but the small and medium-sized enterprises are estimated to be benefited from the adoption of IoT. Healthcare, insurance, and education investment in IoT technology are also estimated to rise rapidly.

The increasing adoption of cloud platforms has led to the necessity of data centers, one of the key market driving factors. The rising adoption of technology proliferation and connected devices is another key factor contributing to the market growth. However, privacy and security breaches of user data are key restraining factors in market expansion.

Support provided by the government for the research and development of IoT technologies is expected to present various opportunities for market expansion.

Market Segmentation

The Global Internet of Things Technology Market is segmented further based on Node Component, Software Solution, Platform, Service, End-User Application, and Geography.

By Node Component, the market is classified into Memory Device, Processor, Sensor, Connectivity IC, Logic Device.

By Software Solution, the market is classified as Real-Time Streaming Analytics, Data Management, Security Solution, Network Bandwidth Management, and Remote Monitoring.

By Platform, the market is classified as Application Management, Device Management, ad Network Management.

By Service, the market is classified as Managed Services and Professional Services.

By End-User, the market is classified as Automotive & Transportation, Manufacturing, BFSI, Agriculture, Wearable Devices, Healthcare, Building Automation, Retail, Oil & Gas, Aerospace & Defence, and Consumer Electronics.

By Geography, America is projected to lead the market.

Recent Developments

1. Telstra and Cisco sign new five-year SaaS agreement for IoT to continue enterprise growth-13th September 2021
2. The expansion of capabilities of the 5G industry 4.0 testbed at IBM Industry Solution Lab in Coppell, Texas, along with the collaboration with Verizon permitting the customers of the enterprise to develop and test innovation related to 5G that enable use in the applications of Industry 4.0. - 12th August 2021

Company Profiles

Some of the companies covered in this report are Huawei, Bosch, Dell, Bayshore, Google, Cisco, PTC, Siemens, Honeywell, etc.

Countries Studied

America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

The report offers a comprehensive evaluation of the Global Internet of Things Technology Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

A complete analysis of the market, including parent industry
Important market dynamics and trends
Market segmentation
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market

Frequently Asked Questions about the Global Internet of Things Technology Market

What is the estimated value of the Global Internet of Things Technology Market?

The Global Internet of Things Technology Market was estimated to be valued at $412600 Million in 2021.

What is the growth rate of the Global Internet of Things Technology Market?

The growth rate of the Global Internet of Things Technology Market is 5.8%, with an estimated value of $546900 Million by 2026.

What is the forecasted size of the Global Internet of Things Technology Market?

The Global Internet of Things Technology Market is estimated to be worth $546900 Million by 2026.

Who are the key companies in the Global Internet of Things Technology Market?

Key companies in the Global Internet of Things Technology Market include Aeris, Amazon, Bayshore, Bosch, C3 AI, Cisco, Dell, Fujitsu and Haier.

Report Attribute	Details
No. of Pages	182
Published	December 2021
Forecast Period	2021 - 2026
Estimated Market Value ( USD ) in 2021	USD 412600 Million
Forecasted Market Value ( USD ) by 2026	USD 546900 Million
Compound Annual Growth Rate	5.8%
Regions Covered	Global
No. of Companies Mentioned	20

1 Report Description

1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders

2 Research Methodology

2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study

3 Executive Summary

3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook
4 Market Influencers
4.1 Drivers
4.1.1 Increasing Acquisition of Cloud Platforms Leads to Growing Necessity of Data Centres
4.1.2 Rising of Technology Proliferation and Connected Devices
4.1.3 Better Road Traffic Management and Improved Energy Conservation
4.1.4 Technological Advancements and Fast Growth in Data Analytics
4.2 Restraints
4.2.1 High Consumption of Power by Wireless Sensor Terminals or Connected Devices
4.2.2 Compatibility and Bandwidth Challenges
4.3 Opportunities
4.3.1 Growing Application of IoT with Increasing Smart Cities and Vertical Diversification
4.3.2 Rising Public and Private Investment in Research and Development of IoT Technology
4.4 Challenges
4.4.1 Data Security and Data Storage Issues

5 Market Analysis

5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis

6 Global Internet of Things Technology Market, By Node Component

6.1 Introduction
6.2 Memory Device
6.2.1 On-Chip Memory
6.2.2 Off-Chip Memory
6.3 Processor
6.3.1 Microcontroller (MCU)
6.3.2 Microprocessor (MPU)
6.3.3 Digital Signal Processor (DSP)
6.3.4 Application Processor
6.4 Sensor
6.4.1 Accelerometer
6.4.2 Inertial Measurement Unit (IMU)
6.4.3 Heart Rate Sensor
6.4.4 Pressure Sensor
6.4.5 Temperature Sensor
6.4.6 Blood Glucose Sensor
6.4.7 Blood Oxygen Sensor
6.4.8 Electrocardiogram (ECG) Sensor
6.4.9 Humidity Sensor
6.4.10 Image Sensor
6.4.11 Ambient Light Sensor
6.4.12 Flow Sensor
6.4.13 Level Sensor
6.4.14 Chemical Sensor
6.4.15 Carbon Monoxide Sensor
6.4.16 Motion And Position Sensor
6.4.17 Camera Module
6.5 Connectivity IC
6.5.1 Wired
6.5.1.1 Ethernet/IP
6.5.1.2 Modbus
6.5.1.3 Profinet
6.5.1.4 Foundation Fieldbus (FF)
6.5.2 Wireless
6.5.2.1 ANT+
6.5.2.2 Bluetooth
6.5.2.3 Bluetooth Smart/Bluetooth Low Energy (BLE)
6.5.2.4 ZigBee
6.5.2.5 Wireless Fidelity (Wi-Fi)
6.5.2.6 Near-field Communication (NFC)
6.5.2.7 Cellular Network
6.5.2.8 Wireless highway addressable remote transducer (WHART)
6.5.2.9 Global positioning system (GPS)/Global navigation satellite system (GNSS) module
6.5.2.10 ISA100
6.5.2.11 Bluetooth/WLAN
6.6 Logic Device

7 Global Internet of Things Technology Market, By Software Solution

7.1 Introduction
7.2 Real-Time Streaming Analytics
7.3 Data Management
7.4 Security Solution
7.5 Network Bandwidth Management
7.6 Remote Monitoring

8 Global Internet of Things Technology Market, By Platform

8.1 Introduction
8.2 Application Management
8.3 Device Management
8.4 Network Management

9 Global Internet of Things Technology Market, By Service

9.1 Introduction
9.2 Managed Services
9.3 Professional Services

10 Global Internet of Things Technology Market, By End-Use Application

10.1 Introduction
10.2 Industrial
10.2.1 Automotive & Transportation
10.2.1.1 Connected Cars
10.2.1.1.1 Level 1 – Driver Assistance
10.2.1.1.2 Level 2 – Partial Automation
10.2.1.1.3 Level 3 – Conditional Automation
10.2.1.1.4 Level 4 – High Automation
10.2.1.2 Ultrasonic Sensors
10.2.1.3 Cameras/Image Sensors
10.2.1.4 Radar
10.2.1.5 Lidar
10.2.1.6 Infrared (IR) Detector
10.2.1.7 In-Car Infotainment
10.2.1.8 Traffic Management
10.2.1.8.1 Vehicle Detection Sensor
10.2.1.8.2 Pedestrian Presence Sensor
10.2.1.8.3 Speed Sensor
10.2.1.8.4 Thermal Camera
10.2.1.8.5 Automated Incident Detection (AID) Camera
10.2.1.9 Public Transport/Mass Transit
10.2.1.10 E-Tolls/E-Highways
10.2.1.11 Gateways
10.2.2 Building Automation
10.2.2.1 Occupancy Sensors
10.2.2.2 Daylight Sensors
10.2.2.3 Smart Thermostats
10.2.2.4 IP Cameras
10.2.2.5 Smart Meters
10.2.2.6 Smart Locks
10.2.2.7 Smoke Detectors
10.2.2.8 Gateways
10.2.3 Manufacturing
10.2.3.1 Temperature Sensors
10.2.3.2 Pressure Sensors
10.2.3.3 Level Sensors
10.2.3.4 Flow Sensors
10.2.3.5 Chemical Sensors
10.2.3.6 Humidity Sensors
10.2.3.7 Motion And Position Sensors
10.2.3.8 Image Sensors
10.2.3.9 Gateways
10.2.4 BFSI
10.2.4.1 Mobile Point of Sale (mPOS)
10.2.4.2 Smart Kiosk/Interactive Kiosk
10.2.4.3 Gateways
10.2.5 Agriculture
10.2.5.1 Climate Sensors
10.2.5.2 Soil Moisture Sensors
10.2.5.3 Level Sensors
10.2.5.4 Gateways
10.2.6 Healthcare
10.2.6.1 Fitness & Heart Rate Monitors
10.2.6.2 Blood Pressure Monitors
10.2.6.3 Blood Glucose Meters
10.2.6.4 Continuous Glucose Monitors
10.2.6.5 Pulse Oximeters
10.2.6.6 Automated External Defibrillators
10.2.6.7 Programmable Syringe Pumps
10.2.6.8 Wearable Injectors
10.2.6.9 Multiparameter Monitors
10.2.6.10 Fall Detectors
10.2.6.11 Smart Pill Dispensers
10.2.6.12 Gateways
10.2.7 Retail
10.2.7.1 Intelligent Vending Machines
10.2.7.2 Contactless Checkout/POS
10.2.7.3 Smart Mirror
10.2.7.4 Smart Shopping Cart
10.2.7.5 Digital Signage
10.2.7.6 Smart Tags
10.2.7.7 Wireless Beacon
10.2.7.8 Gateways
10.2.8 Oil & Gas
10.2.8.1 Temperature Sensors
10.2.8.2 Pressure Sensors
10.2.8.3 Level Sensors
10.2.8.4 Flow Sensors
10.2.8.5 Image Sensors
10.2.8.6 Other Sensors
10.2.8.7 Gateways
10.2.9 Aerospace & Defence
10.2.9.1 Smart Baggage Tags
10.2.9.2 Smart Beacons
10.2.9.3 E-Passport Gates
10.2.9.4 Drones/Unmanned Aerial Vehicle (UAV)
10.2.9.5 Gateways
10.3 Consumer
10.3.1 Wearable Device
10.3.1.1 Activity Monitors
10.3.1.2 Smart Watches
10.3.1.3 Smart Glasses
10.3.1.4 Body-Worn Cameras
10.3.1.5 Panic/Sos Buttons
10.3.1.6 Smart Locators
10.3.1.7 Smart Water Purifiers
10.3.1.8 Identity Authenticators
10.3.1.9 Thermal Bracelets
10.3.1.10 Safe Driving Ingestible Pills
10.3.2 Consumer Electronics
10.3.2.1 Smart Lighting
10.3.2.2 Smart TV
10.3.2.3 Smart Washing Machine
10.3.2.4 Smart Dryer
10.3.2.5 Smart Refrigerator
10.3.2.6 Smart Oven
10.3.2.7 Smart Cooktop
10.3.2.8 Smart Cooker
10.3.2.9 Smart Deep Freezer
10.3.2.10 Smart Dishwasher
10.3.2.11 Smart Coffee Maker
10.3.2.12 Smart Kettle
10.3.2.13 Gateways

11 Global Internet of Things Technology Market, By Geography

11.1 Introduction
11.2 America
11.2.1 Argentina
11.2.2 Brazil
11.2.3 Canada
11.2.4 Chile
11.2.5 Colombia
11.2.6 Mexico
11.2.7 Peru
11.2.8 United States
11.2.9 Rest of Americas
11.3 Europe
11.3.1 Austria
11.3.2 Belgium
11.3.3 Denmark
11.3.4 Finland
11.3.5 France
11.3.6 Germany
11.3.7 Italy
11.3.8 Netherlands
11.3.9 Norway
11.3.10 Poland
11.3.11 Russia
11.3.12 Spain
11.3.13 Sweden
11.3.14 Switzerland
11.3.15 United Kingdom
11.3.16 Rest of Europe
11.4 Middle East and Africa
11.4.1 Egypt
11.4.2 Israel
11.4.3 Qatar
11.4.4 Saudi Arabia
11.4.5 South Africa
11.4.6 United Arab Emirates
11.4.7 Rest of MEA
11.5 Asia-Pacific
11.5.1 Australia
11.5.2 Bangladesh
11.5.3 China
11.5.4 India
11.5.5 Indonesia
11.5.6 Japan
11.5.7 Malaysia
11.5.8 Philippines
11.5.9 Singapore
11.5.10 South Korea
11.5.11 Sri Lanka
11.5.12 Thailand
11.5.13 Taiwan
11.5.14 Rest of Asia-Pacific

12 Competitive Landscape

12.1 Competitive Quadrant
12.2 Market Share Analysis
12.3 Strategic Initiatives
12.3.1 M&A and Investments
12.3.2 Partnerships and Collaborations
12.3.3 Product Developments and Improvements

13 Company Profiles

13.1 Aeris
13.2 Amazon
13.3 Bayshore
13.4 Bosch
13.5 C3 AI
13.6 Cisco
13.7 Dell
13.8 Fujitsu
13.9 Google
13.10 Haier
13.11 Honeywell
13.12 Huawei
13.13 IBM
13.14 Micron Technology
13.15 Microsoft
13.16 Mitsubishi
13.17 Philips
13.18 PTC
13.19 Semtech
13.20 Siemens

14 Appendix

14.1 Questionnaire