Consumer IoT Market

Consumer IoT Market by Offerings (Node Components, Network Infrastructure, Solutions, snd Services), End-Use Application (Wearable Devices, Consumer Electronics, Healthcare, Home Automation, Automotive), and Geography - Global Forecast to 2023

Report Code: SE 6810 Dec, 2018, by marketsandmarkets.com

[209 Pages Report] The consumer IoT market is estimated to reach USD 104.4 billion by 2023 from USD 46.8 billion by 2018, at a CAGR of 17.39% during 2018–2023. A few of the major driving factors for the growth of this market include the growing number of internet users and adoption of smart devices, increasing awareness about fitness and rise in disposable incomes in developing economies, and consumer preference for increased convenience and better lifestyle.

Consumer IoT Market

Market for solutions to grow at fastest CAGR during forecast period

The consumer IoT market for solutions is expected to grow at the highest CAGR during 2018–2023. The solution segment consists of software and platform. With the increase in the number of connected devices, the volume of data is also proliferating. These huge data volumes are driving the market for data management software. By implementing the IoT data management software, businesses are aiming to get a competitive edge with predictive analytics, as well as optimize their business operations. Moreover, the high number of interconnected devices controlling physical infrastructure and increased connectivity, which makes these devices and their networks more vulnerable to cyberattacks, is leading to the surge in demand for highly sophisticated security solutions in the IoT market.

Home automation to hold largest share of consumer IoT market by 2023

Home automation is expected to hold the largest share of the consumer IoT market by 2023. The increasing demand for home monitoring in remote locations as well as the growing adoption of home automation devices in applications such as security, and HVAC and energy management, among others, have been the key factors driving the growth of the consumer IoT market for home automation. Further, the rising demand among customers for better and convenient lifestyles, and increased internet penetration in smart devices also contribute to the market growth.

Consumer IoT Market

cNorth America to account for largest market size during forecast period

North America is the major revenue generating region in the consumer IoT market. The increasing demand for smart devices from consumer electronics, wearable, and home automation applications have led to the growth of the consumer IoT market in this region. Moreover, the growth of the market in this region is also driven by the increasing health consciousness due to growing incidences of chronic diseases and number of diabetes patients, and ease of use of medical devices. The increasing adoption of smart connected devices and rapid digitalization across various consumer end-use applications have further fueled the growth of IoT in North America.

Key Market Players

The companies profiled in this report are Qualcomm Incorporated (US), Texas Instruments Incorporated (US), NXP Semiconductors N.V. (Netherlands), Intel Corporation (US), STMicroelectronics N.V. (Switzerland), International Business Machines Corporation (IBM) (US), General Electric (GE) (US), Symantec Corporation (US), TE Connectivity Ltd. (Switzerland), Schneider Electric SE (France), Cisco Systems, Inc. (US), Amazon.com, Inc. (US), Apple Inc. (US), Alphabet Inc. (US), LG Electronics Inc. (South Korea), Samsung Electronics Co., Ltd. (South Korea), Sony Corporation (Japan), Microsoft Corporation (US), AT&T Inc. (US), Honeywell International Inc. (US), and Hewlett Packard Enterprise Company (HPE) (US). Qualcomm is one of the leading players in the wireless connectivity segment. The company designs, manufactures, and markets digital communication products and services based on code-division multiple access (CDMA), orthogonal frequency-division multiple access (OFDMA), and other technologies. The company has made high investments in R&D and is involved in continuous developments in wireless technologies. For the consumer IoT market, the company is developing new chipsets to meet the growing demand of consumers. Further, Texas Instruments is among the leading global semiconductor companies. The company has wide geographic presence and robust R&D capabilities. Its diversified market presence with global reach prevents its dependence on any particular market and customer. Broad product portfolio, and ability to form strategic collaborations and partnerships make the company one of the major players in the expected IoT boom.

Recent Developments

  • In April 2018, TE Connectivity launched connectivity and sensor solutions for the global automobile industry. The sensor solutions enable autonomous driving and mobility.
  • In February 2018, Qualcomm Technologies announced IoT development kits based on the QCA4020 and QCA4024 SoCs. The kits are designed for IoT applications such as smart cities, toys, home control and automation, appliances, networking, and home entertainment.
  • In January 2018, IBM announced a strategic partnership with Salesforce (US), a global leader in customer relationship management (CRM). The partnership will bring together IBM Cloud and Watson services with Salesforce Quip and Salesforce Service Cloud Einstein to enable the companies to collaborate and connect with their customers more effectively.

Key questions addressed by the report

  • How is the adoption of the IoT in consumer applications evolving?
  • What are typical use cases and connected devices in the consumer IoT space?
  • Which are the driving factors for the consumer IoT market growth?
  • How does IoT impact various consumer end-use applications?
  • What are the new application areas of IoT that are explored by the companies for consumers?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 20)
    1.1 Study Objectives
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
    1.4 Years Considered
    1.5 Currency
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 24)
    2.1 Research Data
           2.1.1 Secondary and Primary Research
                    2.1.1.1 Key Industry Insights
           2.1.2 Secondary Data
                    2.1.2.1 List of Major Secondary Sources
                    2.1.2.2 Key Data From Secondary Sources
           2.1.3 Primary Data
                    2.1.3.1 Breakdown of Primaries
                    2.1.3.2 Key Data From Primary Sources
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing Market Size By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing Market Size By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 33)

4 Premium Insights (Page No. - 40)
    4.1 Attractive Opportunities in Consumer IoT Market
    4.2 Consumer IoT Market in North America, By Country and Offering
    4.3 Consumer IoT Market, By Offering
    4.4 Consumer IoT Market for Node Component, 2023
    4.5 Consumer IoT Market for Network Infrastructure, 2018 vs 2023
    4.6 Consumer IoT Market for Software, 2018 vs 2023
    4.7 Consumer IoT Market for Platform, 2018
    4.8 Consumer IoT Market for Service, By Type
    4.9 Consumer IoT Market, By Geography

5 Market Overview (Page No. - 46)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Number of Internet Users and Adoption of Smart Devices
                    5.2.1.2 Increasing Awareness About Fitness and Rise in Disposable Incomes in Developing Economies
                    5.2.1.3 Consumer Preference for Increased Convenience and Better Lifestyle
                    5.2.1.4 Increasing Significance of Home Monitoring From Remote Locations
                    5.2.1.5 Government Regulations for Security of IoT Devices
           5.2.2 Restraints
                    5.2.2.1 Breach in Data Security and Data Privacy
           5.2.3 Opportunities
                    5.2.3.1 Government Funding in Research and Development Related to IoT
                    5.2.3.2 Favorable Government Regulations to Promote Green Buildings
           5.2.4 Challenges
                    5.2.4.1 Lack of Common Protocols and Communication Standards
                    5.2.4.2 High Power Consumption By Connected Devices
                    5.2.4.3 Risks of Device Malfunctioning
    5.3 Value Chain Analysis
           5.3.1 Value Chain of Consumer IoT

6 Consumer IoT Node Component Market (Page No. - 56)
    6.1 Introduction
    6.2 Processor
           6.2.1 Microcontroller (MUC)
           6.2.2 Microprocessor (MPU)
                    6.2.2.1 Growing Demand for Smart Devices From Home Automation Industry Expected to Drive Market for Processors
           6.2.3 Digital Signal Processor (DSP)
           6.2.4 Application Processor (AP)
    6.3 Sensor
           6.3.1 Accelerometers
           6.3.2 Inertial Measurement Units (IMUS)
           6.3.3 Heart Rate Sensors
           6.3.4 Pressure Sensors
           6.3.5 Temperature Sensors
           6.3.6 Blood Glucose Sensors
           6.3.7 Blood Oxygen Sensors
           6.3.8 Electrocardiogram (ECG) Sensors
           6.3.9 Humidity Sensors
           6.3.10 Image Sensors
           6.3.11 Ambient Light Sensors
           6.3.12 Carbon Monoxide Sensors
           6.3.13 Motion and Position Sensors
                    6.3.13.1 Declining Price is the Key Driver for the Growth of Motion and Position Sensors
           6.3.14 Camera Modules
    6.4 Connectivity IC
           6.4.1 Wired
                    6.4.1.1 Ethernet/IP
           6.4.2 Wireless
                    6.4.2.1 ANT+
                    6.4.2.2 Bluetooth
                    6.4.2.3 Bluetooth Smart/Bluetooth Low Energy (BLE)
                    6.4.2.4 Zigbee
                    6.4.2.5 Wireless Fidelity (Wi-Fi)
                               6.4.2.5.1 Increased Demand for Wireless Sensor Networks for Creating Smart Infrastructure Driving Demand for Wireless Connectivity ICs
                    6.4.2.6 Near Field Communication (NFC)
                    6.4.2.7 Cellular Network
                    6.4.2.8 Global Positioning System (GPS)/Global Navigation Satellite System (GNSS) Module
                    6.4.2.9 Bluetooth/Wireless Local Area Network (WLAN)
    6.5 Memory Device
           6.5.1 Flash
                    6.5.1.1 Demand for Memory Devices to Increase With Growing Adoption of Smart Devices By Consumers
           6.5.2 Dram
                    6.5.2.1 Demand for Dram is Majorly From Servers, Pcs, and Mobile Devices
    6.6 Logic Device
           6.6.1 Field-Programmable Gate Array (FPGA)
                    6.6.1.1 Smart Watches to Drive Consumer IoT Market for Logic Devices

7 Consumer IoT Network Infrastructure Market (Page No. - 76)
    7.1 Introduction
    7.2 Server
           7.2.1 Tower Server
                    7.2.1.1 Demand for Efficient and Less Power-Consuming Servers is Increasing in Consumer IoT Market
           7.2.2 Rack Server
                    7.2.2.1 Rack Server are Expandable and are Used for Small-Level Applications
           7.2.3 Blade Server
                    7.2.3.1 Blade Servers Use Less Space and Energy Than Other Server Types
           7.2.4 Density-Optimized Server
                    7.2.4.1 Density-Optimized Servers are Used for High-Performance Cloud Computing Applications
    7.3 Storage
           7.3.1 Need for High-Capacity and High-Speed Storage in Response to Increasing Data Generation By IoT-Enabled Devices
    7.4 Ethernet Switch and Routing
           7.4.1 Need for Secure Access Driving Demand for Ethernet Switches
    7.5 Gateway
           7.5.1 Intelligent Gateway Solutions Facilitating Creation and Deployment of New Applications and Services Expected to Witness High Growth

8 Consumer IoT Solution Market (Page No. - 81)
    8.1 Introduction
    8.2 Software
           8.2.1 Real-Time Streaming Analytics
                    8.2.1.1 Real-Time Streaming Analytics Software Enable Organizations to Analyze the Data Generated in Different Formats in Real Time
           8.2.2 Security Solution
                    8.2.2.1 Security Solution are Provided to Secure the Network of Connected Devices Such as Sensors, Computers, Cameras, and Alarming Devices
           8.2.3 Data Management
                    8.2.3.1 Data Management Solutions Help to Manage Structured and Unstructured Data to Generate Insights From Huge Data Volumes
           8.2.4 Remote Monitoring
                    8.2.4.1 Remote Monitoring Enables Users to Manage Operations of Devices From Remote Locations
           8.2.5 Network Bandwidth Management
                    8.2.5.1 Network Bandwidth Management Controls and Monitors Bandwidth Utilization
    8.3 Platform
           8.3.1 Device Management
                    8.3.1.1 Device Management Assists in Device Content and Configuration Management as Well as in Policy and Compliance Management
           8.3.2 Application Management
                    8.3.2.1 Application Management Platform Focuses on Managing Firmware and Software Updates in Devices and Applications
           8.3.3 Network Management
                    8.3.3.1 Network Management Platform Helps in Analyzing the Data Transferred Over A Network and Automatically Routes It to Avoid Network Congestion

9 Consumer IoT Service Market (Page No. - 90)
    9.1 Introduction
    9.2 Professional Services
           9.2.1 Deployment and Integration Service
                    9.2.1.1 Deployment and Integration Service Help Organizations Develop A Connected Environment By Integrating IoT Devices and Solutions With Their Existing It Infrastructure
           9.2.2 Support and Maintenance
                    9.2.2.1 Complexity of Operations and Growing Deployment of IoT Solutions Expected to Drive Demand for Support and Maintenance Services
           9.2.3 Consulting Services
                    9.2.3.1 Need of Assistance for Identifying Correct Solutions for Consumer IoT Market Expected to Drive Demand for Consulting Services
    9.3 Managed Services
           9.3.1 Companies Mainly Outsource Managed Services to Offer On-Time Delivery to Customers

10 Consumer IoT Market, By End-Use Application (Page No. - 95)
     10.1 Introduction
     10.2 Wearable Devices
             10.2.1 Activity Monitors
             10.2.2 Smart Watches
             10.2.3 Smart Glasses
             10.2.4 Body-Worn Cameras
     10.3 Consumer Electronics
             10.3.1 Smart Light
             10.3.2 Smart TV
             10.3.3 Smart Washing Machine
             10.3.4 Smart Dryer
             10.3.5 Smart Refrigerator
             10.3.6 Smart Oven
             10.3.7 Smart Cooktop
             10.3.8 Smart Cooker
             10.3.9 Smart Deep Freezer
             10.3.10 Smart Dishwasher
             10.3.11 Smart Coffee Maker
             10.3.12 Smart Kettle
     10.4 Healthcare
             10.4.1 Fitness and Heart Rate Monitor
             10.4.2 Blood Pressure Monitor
             10.4.3 Blood Glucose Meter
             10.4.4 Continuous Glucose Monitor
             10.4.5 Pulse Oximeter
             10.4.6 Automated External Defibrillator
             10.4.7 Programmable Syringe Pump
             10.4.8 Wearable Injector
             10.4.9 Multi-Parameter Monitor
             10.4.10 Fall Detector
             10.4.11 Smart Pill Dispenser
     10.5 Home Automation
             10.5.1 Occupancy Sensors
             10.5.2 Daylight Sensors
             10.5.3 Smart Thermostats
             10.5.4 IP Cameras
             10.5.5 Smart Meters
             10.5.6 Smart Locks
             10.5.7 Smoke Detectors
     10.6 Automotive
             10.6.1 Connected Cars
                        10.6.1.1 Level-1 Automation – Driver Assistance
                                     10.6.1.1.1 Adaptive Cruise Control (ACC)
                                     10.6.1.1.2 Lane Departure Warning System (LDWS)
                                     10.6.1.1.3 Parking Assist (Pa) System
                        10.6.1.2 Level-2 Automation – Partial Automation
                                     10.6.1.2.1 Lane Keep Assist (LKA) and Improved ACC
                                     10.6.1.2.2 Improved Pa Systems
                        10.6.1.3 Level-3 Automation – Conditional Automation
                                     10.6.1.3.1 Traffic Jam Chauffeur
                                     10.6.1.3.2 Highway Driving
                        10.6.1.4 Level-4 Automation – High Automation
                                     10.6.1.4.1 Sensor Fusion
                                     10.6.1.4.2 Automatic Pilot Highway
                        10.6.1.5 Ultrasonic Sensors
                        10.6.1.6 Cameras/Image Sensors
                        10.6.1.7 Radar
                        10.6.1.8 Lidar
                        10.6.1.9 Infrared (IR) Detector
             10.6.2 In-Car Infotainment
             10.6.3 Traffic Management
                        10.6.3.1 Vehicle Detection Sensor
                        10.6.3.2 Pedestrian Presence Sensor
                        10.6.3.3 Speed Sensor
                        10.6.3.4 Thermal Camera
                        10.6.3.5 Automated Incident Detection (AID)Camera

11 Geographic Analysis (Page No. - 123)
     11.1 Introduction
     11.2 North America
             11.2.1 US
                        11.2.1.1 US Accounted for the Largest Size of Consumer IoT Market in North America
             11.2.2 Canada
                        11.2.2.1 Potential of IoT to Bring New Capabilities to Canadian Households Will Encourage Consumer Spending on Connected Devices
             11.2.3 Mexico
                        11.2.3.1 Mexico Expected to Witness Highest Growth Rate in North American Consumer IoT Market During Forecast Period
     11.3 Europe
             11.3.1 UK
                        11.3.1.1 Significant Government Investments Toward Increasing Efficiency of Healthcare System Expected to Drive Growth of Market Growth in Uk
             11.3.2 Germany
                        11.3.2.1 Network Infrastructure Expected to Hold Largest Size of Consumer IoT Market in Germany
             11.3.3 France
                        11.3.3.1 France Holds Huge Potential for Growth of Home Automation Industry During Forecast Period
             11.3.4 Rest of Europe
     11.4 Asia Pacific
             11.4.1 China
                        11.4.1.1 China Expected to Be Major Shareholder of Consumer IoT Market in APAC During Forecast Period
             11.4.2 Japan
                        11.4.2.1 Huge Business Opportunities for IoT Vendors in Sectors Such as Telemetering, Transportation Management, Surveillance, and Data Backup That Create New Areas of Growth
             11.4.3 South Korea
                        11.4.3.1 Huge Investments By Government in IoT Expected to Promote Adoption of Smart Devices in South Korea
             11.4.4 India
                        11.4.4.1 Large-Scale Residential Development and Increasing Mobile and Internet Penetration Expected to Drive Growth of Indian Market
             11.4.5 Rest of APAC
     11.5 Rest of the World
             11.5.1 Middle East and Africa
                        11.5.1.1 Automotive Industry to Witness Significant Adoption of IoT-Enabled Devices in Middle East and Africa
             11.5.2 South America
                        11.5.2.1 Rising Penetration of Smartphones and Other Handheld Devices Expected to Drive Growth of Consumer IoT Market in South America

12 Competitive Landscape (Page No. - 146)
     12.1 Overview
     12.2 Market Ranking Analysis, 2017
     12.3 Competitive Situations and Trends
             12.3.1 Product Launches and Developments
             12.3.2 Partnerships, Collaborations, Alliances, Strategic Agreements, and Joint Ventures
             12.3.3 Acquisitions
             12.3.4 Others

13 Company Profiles (Page No. - 154)
     13.1 Key Players
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
             13.1.1 Qualcomm
             13.1.2 Texas Instruments
             13.1.3 NXP Semiconductors
             13.1.4 Intel
             13.1.5 Stmicroelectronics
             13.1.6 International Business Machines (IBM)
             13.1.7 General Electric
             13.1.8 Symantec
             13.1.9 TE Connectivity
             13.1.10 Schneider Electric
             13.1.11 Cisco Systems
* Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.
     13.2 Other Key Players
             13.2.1 Amazon
             13.2.2 Apple
             13.2.3 Alphabet
             13.2.4 LG Electronics
             13.2.5 Samsung Electronics
             13.2.6 Sony
             13.2.7 Microsoft
             13.2.8 AT&T
             13.2.9 Honeywell
             13.2.10 Hewlett Packard Enterprise (HPE)

14 Appendix (Page No. - 202)
     14.1 Insights From Industry Experts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Available Customizations
     14.5 Related Reports
     14.6 Author Details


List of Tables (66 Tables)

Table 1 Consumer IoT Market, By Offering, 2015–2023 (USD Billion)
Table 2 Consumer IoT Market for Node Component, By Component Type, 2015–2023 (Million Units)
Table 3 Consumer IoT Market for Node Component, By Component Type, 2015–2023 (USD Billion)
Table 4 Consumer IoT Node Component Market for Processor, By Type, 2015–2023 (Million Units)
Table 5 Consumer IoT Node Component Market for Processor, By End-Use Application, 2015–2023 (Million Units)
Table 6 Consumer IoT Node Component Market for Sensor, By Type, 2015–2023 (Million Units)
Table 7 Consumer IoT Node Component Market for Sensor, By End-Use Application, 2015–2023 (Million Units)
Table 8 Consumer IoT Node Component Market for Connectivity IC, By Technology, 2015–2023 (Million Units)
Table 9 Connectivity IC Market for Wired Technology, By Type, 2015–2023 (Million Units)
Table 10 Connectivity IC Market for Wireless Technology, By Type, 2015–2023 (Million Units)
Table 11 Consumer IoT Node Component Market for Connectivity IC, By End-Use Application, 2015–2023 (Million Units)
Table 12 Consumer IoT Node Component Market for Memory, By Type, 2015–2023 (Million Units)
Table 13 Consumer IoT Node Component Market for Memory, By End-Use Application, 2015–2023 (Million Units)
Table 14 Consumer IoT Node Component Market for Logic Device, By Type, 2015–2023 (Million Units)
Table 15 Consumer IoT Node Component Market for Logic Device, By End-Use Application, 2015–2023 (Million Units)
Table 16 Consumer IoT Market for Network Infrastructure, By Type, 2015–2023 (USD Billion)
Table 17 Consumer IoT Hardware Market, 2015–2023 (USD Billion)
Table 18 Consumer IoT Market for Network Infrastructure, By Region, 2015–2023 (USD Billion)
Table 19 Consumer IoT Solution Market, 2015–2023 (USD Billion)
Table 20 Consumer IoT Market for Software, By Type, 2015–2023 (USD Billion)
Table 21 Consumer IoT Market for Software, By Region, 2015–2023 (USD Billion)
Table 22 Consumer IoT Market for Platform, By Type, 2015–2023 (USD Billion)
Table 23 Consumer IoT Market for Platform, By Geography, 2015–2023 (USD Billion)
Table 24 Consumer IoT Service Market, By Type, 2015–2023 (USD Billion)
Table 25 Consumer IoT Service Market, By Region, 2015–2023 (USD Billion)
Table 26 Consumer IoT Market, By End-Use Application, 2015–2023 (USD Billion)
Table 27 Consumer IoT Node Component Market, By End-Use Application, 2015–2023 (Million Units)
Table 28 Consumer IoT Node Component Market, By End-Use Application, 2015–2023 (USD Billion)
Table 29 Consumer IoT Network Infrastructure Market, By End-Use Application, 2015–2023 (USD Billion)
Table 30 Consumer IoT Software Market, By End-Use Application, 2015–2023 (USD Billion)
Table 31 Consumer IoT Platform Market, By End-Use Application, 2015–2023 (USD Billion)
Table 32 Consumer IoT Service Market, By End-Use Application, 2015–2023 (USD Billion)
Table 33 Consumer IoT Node Component Market for Wearable Device, By Device Type, 2015–2023 (Million Units)
Table 34 Consumer IoT Node Component Market for Wearable Device, By Component Type, 2015–2023 (USD Million)
Table 35 Consumer IoT Node Component Market for Consumer Electronics, By Device Type, 2015–2023 (Million Units)
Table 36 Consumer IoT Node Component Market for Consumer Electronics, By Component Type, 2015–2023 (USD Million)
Table 37 Consumer IoT Node Component Market for Healthcare, By Device Type, 2015–2023 (Million Units)
Table 38 Consumer Node Component IoT for Healthcare, By Component Type, 2015–2023 (USD Million)
Table 39 Consumer IoT Node Component Market for Home Automation, By Device Type, 2015–2023 (Million Units)
Table 40 Consumer IoT Node Component Market for Home Automation, By Component Type, 2015–2023 (USD Million)
Table 41 Consumer IoT Node Component Market for Automotive, By Application Type, 2015–2023 (Million Units)
Table 42 Consumer IoT Node Component Market for Automotive, By Component Type, 2015–2023 (USD Million)
Table 43 Consumer IoT Market, By Region, 2015–2023 (USD Billion)
Table 44 Consumer IoT Market in North America, By Country, 2015–2023 (USD Billion)
Table 45 Consumer IoT Market in Us, By Offering, 2015–2023 (USD Billion)
Table 46 Consumer IoT Market in Canada, By Offering, 2015–2023 (USD Billion)
Table 47 Consumer IoT Market in Mexico, By Offering, 2015–2023 (USD Billion)
Table 48 Consumer IoT Market in Europe, By Country, 2015–2023 (USD Billion)
Table 49 Consumer IoT Market in Uk, By Offering, 2015–2023 (USD Billion)
Table 50 Consumer IoT Market in Germany, By Offering, 2015–2023 (USD Billion)
Table 51 Consumer IoT Market in France, By Offering, 2015–2023 (USD Billion)
Table 52 Consumer IoT Market in Rest of Europe, By Offering, 2015–2023 (USD Billion)
Table 53 Consumer IoT Market in APAC, By Country, 2015–2023 (USD Billion)
Table 54 Consumer IoT Market in China, By Offering, 2015–2023 (USD Billion)
Table 55 Consumer IoT Market in Japan, By Offering, 2015–2023 (USD Billion)
Table 56 Consumer IoT Market in South Korea, By Offering, 2015–2023 (USD Billion)
Table 57 Consumer IoT Market in India, By Offering, 2015–2023 (USD Billion)
Table 58 Consumer IoT Market in Rest of APAC, By Offering, 2015–2023 (USD Billion)
Table 59 Consumer IoT Market in RoW, By Region, 2015–2023 (USD Billion)
Table 60 Consumer IoT Market in Middle East and Africa, By Offering, 2015–2023 (USD Billion)
Table 61 Consumer IoT Market in South America, By Offering, 2015–2023 (USD Billion)
Table 62 Ranking of Key Players in Consumer IoT Market, 2017
Table 63 Product Launches and Developments (2017–2018)
Table 64 Partnerships, Collaborations, Alliances, Strategic Agreements, and Joint Ventures (2017–2018)
Table 65 Acquisitions (2017–2018)
Table 66 Others (2018)


List of Figures (63 Figures)

Figure 1 Consumer IoT Market: Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Market Breakdown and Data Triangulation
Figure 5 Assumptions for Research Study
Figure 6 Service to Hold Major Share of Consumer IoT Market Based on Offering By 2023
Figure 7 Connectivity IC to Hold Largest Share of Consumer IoT Node Component Market, in Terms of Value, By 2018
Figure 8 Storage Expected to Hold Largest Share of Consumer IoT Network Infrastructure Market By 2023
Figure 9 Data Management to Dominate Consumer IoT Market for Software By 2018
Figure 10 Consumer IoT Platform Market for Device Management to Grow at Highest CAGR During Forecast Period
Figure 11 Professional Services to Hold Largest Share of Consumer IoT Service Market By 2018
Figure 12 Home Automation to Hold Largest Share of Consumer IoT Market By 2023
Figure 13 North America to Hold the Largest Share of Consumer IoT Market By 2018
Figure 14 Growing Preference Among Consumers for Increased Convenience and Better Lifestyle
Figure 15 Network Infrastructure to Hold Largest Share of Consumer IoT Market, in Terms of Value, By 2018
Figure 16 Service to Hold Largest Share of Consumer IoT Market By 2023
Figure 17 Memory to Hold Largest Share of Consumer IoT Market for Node Component, in Terms of Value, By 2023
Figure 18 Storage to Hold Largest Size of Consumer IoT Market for Network Infrastructure By 2023
Figure 19 Consumer IoT Software Market for Security Solution to Grow at Highest CAGR During Forecast Period
Figure 20 Device Management to Hold Largest Share of Consumer IoT Platform Market By 2018
Figure 21 Consumer IoT Market for Managed Services to Grow at Highest CAGR During Forecast Period
Figure 22 Consumer IoT Market in India to Grow at Highest CAGR During Forecast Period
Figure 23 Growing Adoption of Smart Devices and Consumer Preference for Increased Convenience and Better Lifestyle are Major Driving Factors for Consumer IoT Market
Figure 24 Internet Users Till December 31, 2017, By Region
Figure 25 GDP Per Capita in India and China
Figure 26 Value Chain: Consumer IoT
Figure 27 Logic Device to Exhibit Highest CAGR in Consumer IoT Market for Node Component, in Terms of Volume, During Forecast Period
Figure 28 Home Automation to Hold Largest Share of Consumer IoT Node Component Market for Processor, in Terms of Volume By 2023
Figure 29 Home Automation Held Largest Share of Consumer IoT Node Component Market for Sensor in 2017
Figure 30 Wireless Technology to Account for Larger Shipment in Consumer IoT Node Market for Connectivity ICs During Forecast Period
Figure 31 NFC to Exhibit Highest CAGR in Connectivity IC Market for Wireless Technology During Forecast Period
Figure 32 Wearable Devices to Exhibit Highest CAGR in Consumer IoT Node Component Market for Connectivity IC During Forecast Period
Figure 33 Storage to Hold Largest Share of Consumer IoT Market for Network Infrastructure By 2023
Figure 34 Network Infrastructure to Hold Larger Size of Consumer IoT Hardware Market During Forecast Period
Figure 35 Real-Time Streaming Analytics to Hold Largest Share of Consumer IoT Market for Software, in Terms of Value By 2023
Figure 36 Device Management to Hold Largest Size of Consumer IoT Market for Platform During Forecast Period
Figure 37 Professional Services to Hold Largest Share of Consumer IoT Service Market During Forecast Period
Figure 38 Consumer IoT Market, By End-Use Application
Figure 39 Consumer IoT Market for Home Automation to Grow at Highest CAGR During Forecast Period
Figure 40 Home Automation to Hold Largest Shipment Share of Consumer IoT Node Component Market By 2023
Figure 41 Wearable Devices – Key Applications
Figure 42 Smart Watch to Hold Largest Share of Consumer IoT Node Component Market for Wearable Device By 2023
Figure 43 Smart TV is to Hold Largest Share of Consumer IoT Node Component Market for Consumer Electronics, in Terms of Volume By 2023
Figure 44 Connectivity IC to Hold Largest Size of Consumer IoT Node Component Market for Healthcare By 2023
Figure 45 Smart Locks to Witness Highest CAGR in Consumer IoT Node Component Market for Home Automation, in Terms of Volume, During Forecast Period
Figure 46 In-Car Infotainment to Hold Largest Share of Consumer IoT Node Component Market for Automotive, in Terms of Volume, By 2023
Figure 47 Consumer IoT Market in APAC to Grow at Highest CAGR During Forecast Period
Figure 48 North America: Consumer IoT Market Snapshot
Figure 49 Europe: Consumer IoT Market Snapshot
Figure 50 APAC: Consumer IoT Market Snapshot
Figure 51 Vendors in Consumer IoT Market Adopted Product Launches and Developments as Key Growth Strategies During 2016–2018
Figure 52 Product Launches and Developments as Key Strategies Adopted By Players From 2016 to 2018
Figure 53 Qualcomm: Company Snapshot
Figure 54 Texas Instruments: Company Snapshot
Figure 55 NXP Semiconductors: Company Snapshot
Figure 56 Intel: Company Snapshot
Figure 57 Stmicroelectronics: Company Snapshot
Figure 58 IBM: Company Snapshot
Figure 59 General Electric: Company Snapshot
Figure 60 Symantec: Company Snapshot
Figure 61 TE Connectivity: Company Snapshot
Figure 62 Schneider Electric: Company Snapshot
Figure 63 Cisco Systems: Company Snapshot

This research study involves the extensive use of secondary sources, directories, and databases (such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource) to identify and collect information useful for this technical and commercial study of the consumer IoT market. In-depth interviews have been conducted with various primary respondents, which include experts from core and related industries along with the preferred suppliers, manufacturers, distributors, service providers, technology developers, key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants to obtain and verify critical, qualitative, and quantitative information, as well as to assess prospects.

Secondary Research

Secondary sources referred for this research study includes corporate filings (such as annual reports, investor presentations, and financial statements); trade, business, and professional associations; white papers; IoT-related journals; certified publications; articles from recognized authors; directories; and databases. The secondary data have been collected and analyzed to arrive at the overall market size, which has been further validated through primary research.

Primary Research

Extensive primary research has been conducted after acquiring knowledge about the consumer IoT market scenario through secondary research. Several primary interviews have been conducted with market experts from both demand and supply sides across 4 major regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). These primary data have been collected through questionnaires, emails, and telephonic interviews.  
Following is the breakdown of primary respondents—

Consumer IoT Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both, top-down and bottom-up approaches have been used to estimate and validate the size of the consumer IoT market and other dependent submarkets in the overall market. The research methodology used to estimate the market size includes the following:

  • Key players in the market have been identified through the secondary research, and their market shares in respective regions have been determined through primary and secondary research.
  • The entire research methodology includes the study of annual and financial reports of top players as well as interviews with industry experts (CEOs, VPs, directors, and marketing executives) for key insights (both quantitative and qualitative).
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
  • All the possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through the primary research, and analyzed to get the final quantitative and qualitative data. These data have been consolidated and added with detailed inputs and analysis from MarketsandMarkets, and presented in the report.

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market has been split into several segments. To complete the overall market engineering process and arrive at the exact statistics for all segments, the market breakdown and data triangulation procedure have been employed, wherever applicable. The data have been triangulated by studying various factors and trends from both demand and supply sides. Along with this, the market has been validated using top-down and bottom-up approaches.

Report Objectives

  • To define, describe, and forecast the overall consumer Internet of Things (IoT) market on the basis of offering, end-use application, and geography
  • To describe and forecast the consumer IoT market, in terms of value, segmented on the basis of offering into node component, network infrastructure, solution (software and platform), and service
  • To forecast the market size, in terms of value, for various segments with respect to 4 main regions: North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
  • To forecast the consumer IoT market for node component, in terms of volume
  • To strategically analyze the micromarkets with respect to individual growth trends, prospects, and contribution to the total market
  • To analyze the opportunities in the market for stakeholders and detail the competitive landscape for market players
  • To strategically profile key players and comprehensively analyze market rankings and core competencies
  • To provide detailed information regarding market drivers, restraints, opportunities, and challenges, the major factors influencing the growth of the market
  • To analyze the growth strategies, such as joint ventures, mergers and acquisitions, product launches and developments, and research and development, adopted by the major players in the consumer IoT market
  • To map the competitive intelligence based on the company profiles, key player strategies, and game-changing developments, such as product developments, collaborations, and acquisitions

Scope of the Report

 

 

Years considered to provide market size

2015–2023

Base year considered

2017

Forecast period

2018–2023

Forecast units

Value—USD and Volume—Units

Segments covered

Offering (node components, network infrastructure, solutions, and services), end-use application, and geography

Regions covered

North America, APAC, Europe, and RoW

Companies covered

Qualcomm Incorporated (US), Texas Instruments Incorporated (US), NXP Semiconductors N.V. (Netherlands), Intel Corporation (US), STMicroelectronics N.V. (Switzerland), International Business Machines Corporation (IBM) (US), General Electric (GE) (US), Symantec Corporation (US), TE Connectivity Ltd. (Switzerland), Schneider Electric SE (France), Cisco Systems, Inc. (US), Amazon.com, Inc. (US), Apple Inc. (US), Alphabet Inc. (US), LG Electronics Inc. (South Korea), Samsung Electronics Co., Ltd. (South Korea), Sony Corporation (Japan), Microsoft Corporation (US), AT&T Inc. (US), Honeywell International Inc. (US), and Hewlett Packard Enterprise Company (HPE) (US).

The consumer IoT market has been segmented on the basis of offering [node component, network infrastructure, solution (software and platform), and service], end-use application, and geography.

The consumer IoT market for node components has been further segmented as follows:

  • Processor
  • Microcontroller (MCU)
  • Microprocessor (MPU)
  • Digital Signal Processor (DSP)
  • Application Processor (AP)
  • Sensor
    • Accelerometers
    • Inertial Measurement Units (IMUs)
    • Heart Rate Sensors
    • Pressure Sensors
    • Temperature Sensors
    • Blood Glucose Sensors
    • Blood Oxygen Sensors
    • Electrocardiogram (ECG) Sensors
    • Humidity Sensors
    •   Image Sensors
    • Ambient Light Sensors
    • Carbon Monoxide Sensors
    • Motion and Position Sensor
    • Camera Modules
  • Connectivity IC
  • Wired
    • Ethernet/IP
  • Wireless
    • ANT+
    • Bluetooth
    • Bluetooth Smart/Bluetooth Low Energy (BLE)
    • ZigBee
    • Wireless Fidelity (Wi-Fi)
    • Near-Field Communication (NFC)
    • Cellular Network
    • Global Positioning System (GPS)/Global Navigation Satellite System (GNSS) Module
    • Bluetooth/Wireless Local Area Network (WLAN)
  • Memory Device
  • Flash
  • Dynamic Random Access Memory (DRAM)
  • Logic Device
  • Field-Programmable Gate Array (FPGA)

The consumer IoT market for network infrastructure has been further segmented as follows:

  • Server
    • Tower Server
    • Rack Server
    • Blade Server
    • Density-Optimized Server
  • Storage
  • Ethernet Switch and Routing
  • Gateway

The consumer IoT market for solutions has been further segmented as follows:

  • Software
    • Real-Time Streaming Analytics
    • Security Solution
    • Data Management
    • Remote Monitoring
    • Network Bandwidth Management
  • By Platform
    • Device Management
    • Application Management
    • Network Management

The consumer IoT market for services has been further segmented as follows:

  • Managed Services
  • Professional Services

On the basis of end-use application, the consumer IoT market has been segmented as follows:

  • Wearable Devices
    • Activity Monitors
    • Smartwatches
    • Smart Glasses
    • Body-Worn Cameras
  • Consumer Electronics
    • Smart Light
    • 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
  • Healthcare
    • Fitness and Heart Rate Monitor
    • Blood Pressure Monitor
    • Blood Glucose Meter
    • Continuous Glucose Monitor
    • Pulse Oximeter
    • Automated External Defibrillator
    • Programmable Syringe Pump
    • Wearable Injector
    • Multi-parameter Monitor
    • Fall Detector
    • Smart Pill Dispenser
  • Home Automation
    • Occupancy Sensors
    • Daylight Sensors
    • Smart Thermostats
    • IP Cameras
    • Smart Meters
    • Smart Locks
    • Smoke Detectors
  • Automotive
    • Connected Cars
      • Level 1 Automation – Driver Assistance
        • Adaptive Cruise Control (ACC)
        • Lane Departure Warning System (LDWS)
        • Parking Assist (PA) System
      • Level 2 Automation – Partial Automation
        • Lane Keep Assist (LKA) and ACC (Improved)
        • Parking Assist (PA) (Improved)
      • Level 3 Automation – Conditional Automation
        • Traffic Jam Chauffeur
        • Highway Driving
      • Level 4 Automation – High Automation
        • Sensor Fusion
        • Automatic Pilot Highway
  • 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

On the basis of geography, the consumer IoT market has been segmented as follows:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • Japan
    • India
    • South Korea
    • Rest of APAC
  • Rest of the World (RoW)
    • South America
    • Middle East and Africa (MEA)

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for this report:

Geographic Analysis

  • Country-wise breakdown of the regions: North America, Europe, APAC, and RoW
  • Subsegmentation of the market based on various end-use applications
  • Comprehensive coverage of regulations followed in each region (North America, APAC, Europe, and RoW)

Company Information

  • Detailed analysis and profiling of additional market players (up to five)
Report Code
SE 6810
Published ON
Dec, 2018
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