Global IoT Market Restraint: Addressing Data Security Concerns In The Iot Market The concerns with data security impact the growth of the IoT market. The rate of data intrusions is also increasingly growing with the advances in technology. IoT systems are being newly built and often have loopholes...
The global IoT Market is expected to grow from USD 64.8 billion in 2024 to USD 153.2 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period. The progress of 5G technology, rise in the demand for automation, widespread use of smart devices and broad ...
Theindustrial segmentholds the largest market share during the forecast period. The market share growth by the industrial segment will be significant during the forecast period. Globally, the industrial segment is reaping the benefits of IoT technology in terms of increasing business productivity and ga...
Internet of Things (IoT) Market News March 2024 - XL Axiata, a leading Indonesian converged operator with a subscriber base of 57.5 million, has partnered with Cisco, a global technology giant. Their collaboration introduces the IoT Connectivity+ Product, an innovative IoT Connectivity Management ...
Market Report Scope IoT Solutions and Services Market Report Coverage Report CoverageDetails Base Year:2023Market Size in 2024:US$ 286.35 Bn Historical Data for:2019 to 2023Forecast Period:2024 to 2031 Forecast Period 2024 to 2031 CAGR:18%2031 Value Projection:US$ 913.67 Bn ...
Will Increase in Demand for Robust Technology Infrastructure Drive the Market in North America? North America is estimated to dominate the Internet of Things (IoT) market during the forecast period. North America, particularly the United States, is the leader in smart home adoption, driving s...
IoT Market forecast 1: Number of connected devices Two technology companies have published data around the IoT market potential in connected devices:CiscoandEricsson. Both foresee around 50 billion connected devices by 2020. In addition, the global and established research companiesGartner,IHS Global In...
Forecast Period: 2024 - 2030 Industry:Technology Report Summary Table of Contents Segmentation Methodology Request a FREE Sample Copy Internet of Things (IoT) Market Size & Trends The globalInternet of Things (IoT) market sizewas valued at USD 1.18 billion in 2023 and is projected to grow at ...
Market forecasts by Region, Technology, Deployment, Type, and Industry. Country and Opportunity Analysis, Current Market Overview, and Leading Company Profiles
Based on the components, the hardware segment dominated the market share in 2023 and, is expected to maintain its dominance during the AIoT market forecast period, as AIOT relies heavily on physical components like sensors, processors, and devices to gather data and perform tasks. These hardware...