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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

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  • 182 Pages
  • December 2021
  • Region: Global
  • Infogence Global Research
  • ID: 5515460
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.

Table of Contents

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 Ethernet/IP Modbus Profinet Foundation Fieldbus (FF)
6.5.2 Wireless ANT+ Bluetooth Bluetooth Smart/Bluetooth Low Energy (BLE) ZigBee Wireless Fidelity (Wi-Fi) Near-field Communication (NFC) Cellular Network Wireless highway addressable remote transducer (WHART) Global positioning system (GPS)/Global navigation satellite system (GNSS) module ISA100 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 Connected Cars Level 1 – Driver Assistance Level 2 – Partial Automation Level 3 – Conditional Automation Level 4 – High Automation Ultrasonic Sensors Cameras/Image Sensors Radar Lidar Infrared (IR) Detector In-Car Infotainment Traffic Management Vehicle Detection Sensor Pedestrian Presence Sensor Speed Sensor Thermal Camera Automated Incident Detection (AID) Camera Public Transport/Mass Transit E-Tolls/E-Highways Gateways
10.2.2 Building Automation Occupancy Sensors Daylight Sensors Smart Thermostats IP Cameras Smart Meters Smart Locks Smoke Detectors Gateways
10.2.3 Manufacturing Temperature Sensors Pressure Sensors Level Sensors Flow Sensors Chemical Sensors Humidity Sensors Motion And Position Sensors Image Sensors Gateways
10.2.4 BFSI Mobile Point of Sale (mPOS) Smart Kiosk/Interactive Kiosk Gateways
10.2.5 Agriculture Climate Sensors Soil Moisture Sensors Level Sensors Gateways
10.2.6 Healthcare Fitness & Heart Rate Monitors Blood Pressure Monitors Blood Glucose Meters Continuous Glucose Monitors Pulse Oximeters Automated External Defibrillators Programmable Syringe Pumps Wearable Injectors Multiparameter Monitors Fall Detectors Smart Pill Dispensers Gateways
10.2.7 Retail Intelligent Vending Machines Contactless Checkout/POS Smart Mirror Smart Shopping Cart Digital Signage Smart Tags Wireless Beacon Gateways
10.2.8 Oil & Gas Temperature Sensors Pressure Sensors Level Sensors Flow Sensors Image Sensors Other Sensors Gateways
10.2.9 Aerospace & Defence Smart Baggage Tags Smart Beacons E-Passport Gates Drones/Unmanned Aerial Vehicle (UAV) Gateways
10.3 Consumer
10.3.1 Wearable Device Activity Monitors Smart Watches Smart Glasses Body-Worn Cameras Panic/Sos Buttons Smart Locators Smart Water Purifiers Identity Authenticators Thermal Bracelets Safe Driving Ingestible Pills
10.3.2 Consumer Electronics Smart Lighting Smart TV Smart Washing Machine Smart Dryer Smart Refrigerator Smart Oven Smart Cooktop Smart Cooker Smart Deep Freezer Smart Dishwasher Smart Coffee Maker Smart Kettle 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

Companies Mentioned

  • Aeris
  • Amazon
  • Bayshore
  • Bosch
  • C3 AI
  • Cisco
  • Dell
  • Fujitsu
  • Google
  • Haier
  • Honeywell
  • Huawei
  • IBM
  • Micron Technology
  • Microsoft
  • Mitsubishi
  • Philips
  • PTC
  • Semtech
  • Siemens