IoT Market

IoT Market by Component (Hardware, Software Solutions and Services), Organization Size, Focus Area (Smart Manufacturing, Smart Energy and Utilities, and Smart Retail) and Region (2022 - 2026)

Report Code: TC 2895 Feb, 2022, by marketsandmarkets.com

[275 Pages Report] The IoT market size is expected to grow from USD 300.3 billion in 2021 to USD 650.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.7% from 2021 to 2026.

The major factors fueling the IoT market include access to low-cost, low-power sensor technology, availability of high-speed connectivity, increase in cloud adoption, and Increasing use of data processing and analytics. Moreover, increase in smart city initiatives worldwide, increase in connected devices to drive the growth of IoT, and emerging 5G technology to help IoT adoption, globally would provide lucrative opportunities for IoT vendors.

Internet of Things market

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COVID 19 Impact

The COVID-19 epidemic has had a significant impact on the market for IoT. All regions of the world have had a drastic impact on the supply chain of IoT sensors. The deployment of IoT and sensors have been halted in many projects due to a reduced workforce and slowdown in hardware supply. As the supply chain was impacted by the pandemic, there was a reduction in production from many manufacturing plants, resulting in a slowdown of demand for IoT products among the manufacturing units. On other hand, The pandemic has resulted in a rapid transition to ‘work from home’ setups, which increased the demand for automation and remote management. More emphasis is now being placed on IoT systems, especially for ensuring operational efficiency and cost-saving with less manpower. The software solutions market is expected to rise steeply soon to augment the deployed IoT functions. Among software solutions, the benefits of remote monitoring solutions are realized among many manufacturers.

Market Dynamics

Driver: Access to low-cost, low-power sensor technology

Sensors are the most important components in IoT devices. They help in generating information about a physical event or state. Sensors can measure everything from their surroundings, including orientation, motion, light, sound, humidity, and temperature to biometrics, such as blood pressure and heart rate. These sensors will drive the practicality of the IoT across industry verticals for various application areas. Additionally, continued innovation in sensor technologies is expected to further expand IoT capabilities.

Initially, the cost of sensors used in IoT devices was relatively high, resulting in the limited adoption of the technology among industries. However, the rapid fall in the prices of these sensors has led to a significant increase in the adoption rate of IoT across organizations. The cost of certain low-frequency passive categories of Radio Frequency Identification (RFID) tags and sensors has decreased significantly in the past decade. Additionally, the average cost of sensors has decreased from USD 1.30 per unit in 2004 to USD 0.38 per unit in 2020. As the IoT market matures, the widely deployed and low-cost sensors and devices are less likely to be viewed as technological advancements.

Restraint: Lack of advancements in communication technology and poor operational efficiency in developing economies

Technology advancements and operational efficiency are the key factors responsible for the successful functioning of IoT. Various countries in Asia Pacific, Middle East & Africa, and Latin America suffer from the unavailability of basic technologies, such as telecom and networking infrastructure, and are not able to rapidly implement smart projects due to various factors, such as low budget and low literacy rate. The 4G technology in several countries is yet to be mature or even introduced, whereas countries, such as China, have completed their trials on the 5G technology. Though the governments and enterprises of such countries are aware of IoT technology benefits and huge RoI from the market, the initial budget constraint plays a key role in lowering the development of the IoT market in such countries. Even developed countries, such as those of Europe and North America, face difficulties replacing their legacy infrastructures with new and smart ones.

Opportunity: Increase in connected devices to drive the growth of IoT

Internet connectivity and connected devices present organizations with tremendous opportunities to extract relevant data, such as consumer behavior in retail outlets, for real-time marketing analysis, sensor-driven decision analytics, and instantaneous control response in complex autonomous systems. IoT connects companies and governments with all smart prospects, such as smart cities, smart transportation, and smart utilities, and enables them to get location-based data in real-time. Additionally, the high-speed network connectivity has created opportunities for various sectors, such as energy, healthcare, transportation, and other utility sectors, for better monitoring and efficient management of the entire infrastructure. The healthcare sector has already initiated the implementation of IoT across application areas, including remote consultation and monitoring, virtual health kiosks and portals, and electronic personal health records. The energy sector deploys IoT-based solutions for predictive maintenance, Asset Performance Management (APM), security, mobile workforce management, field surveillance and monitoring, and others. IoT in the transportation sector helps in congestion control, safety maintenance, city traffic surveillance, and crime reduction. 4G networks are upgraded to NB-IoT networks to provide pervasive public mobile IoT. They specifically focus on indoor coverage, low cost, long battery life, and high connection density. They are widely used in smart city projects, such as smart parking, environment monitoring, smart energy, and smart infrastructure. For instance, to expand industrial applications of NB-IoT, Huawei, and the Government of Weifang City, China established “IoT Weifang.”

Challenge: Lack of knowledge among the people about IoT and smart cities

IoT projects bring various advantages to industries and infrastructure initiatives from the government in all areas comprising transportation, building, utilities, and citizen services. Smart solutions in these areas can empower them with better control and monitoring of equipment and services. Industries need to guide their resources to optimally use the benefits of IoT. In various industries, it is observed that a small workforce knows about the operations and benefits of IoT. This lack of awareness among the people is an important factor slowing the development of a smart ecosystem. Also, there is ignorance about smart city projects among citizens at many places and that lowers the level of impetus by the governments to implement smart solutions for the cities.

By component, the Software Solutions segment is expected to have the  largest market share during the forecast period

IoT software solutions offer business applications that enhance operational efficiencies, enrich the customer experience, and develop new revenue-generating opportunities. Internet-connected devices of IoT interact conveniently with other devices/applications/things to exchange data and deliver trusted data decisions to the end-user. Software solutions offer a wide range of technologies that help organizations meet their objectives and maintain a crucial competitive edge. Software solutions are witnessing traction for the established infrastructure systems to automate several functions at critical infrastructure, manufacturing, and others. However, revenue from new projects has been halted at many places for the 2020-2021 period. Also, software solutions offer great visibility and control over assets from a remote location, thus offering flexibility in decentralized locations. Hence, software solutions are expected to have the largest market size during the forecast period.

Internet of Things market by Region

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North America to hold the largest market size during the forecast period

North America is one of the main contributors to the global IoT market due to being a technologically advanced region. Both the US and Canada have established economies, which empower them to strongly invest in R&D activities. Rapid digitalization across industry focus areas, increasing adoption of smart connected devices, and technological advancements have further fueled the growth of the North American IoT market. The major drivers that help in the growth of the IoT market in the North American region are the increase in the use of connected devices and their network infrastructure and the increase in the collaboration of hardware, network, and software vendors. There is a proliferation of smart transportation in the region, which is helping commuters reach their destinations safely. Canadian companies are improving and optimizing their business processes by utilizing IoT capabilities. Moreover, the companies are manufacturing and selling IoT infrastructure for the optimization of businesses. Smart citizen services are a growth enabler in North America due to the presence of a large number of prominent public safety institutions, such as firefighter services and emergency medical services. Technological advancements have led to the rise in the adoption of smart services setup, which helps the region create a safe environment focused on its citizens’ needs.  

Asia Pacific to grow at the highest CAGR during the forecast period

Asia Pacific consists of several emerging and developed economies, such as Australia, India, China, Japan, and Singapore. The high adoption rate of new technologies has made this region a lucrative market for the IT industry. Due to this reason, the IoT market in the Asia Pacific is expected to grow at the highest rate. As the world’s most dynamic region for urbanization, the region is home to a majority of developing members that are experiencing rapid urbanization. This trend, while creating enormous business opportunities, also presents grave challenges for sustainable development. Japan has already declared completion of most of its ‘smart city’ projects, while other countries in the region are still in the initial development phase. China is the biggest marketplace in the region in developing IoT in smart cities. In India, more than 5,000 smart cities projects with investments valued at over INR 2 trillion were in various stages of implementation as of January 2019. In addition, the countries in the region are taking aggressive initiatives to upsurge their IT infrastructures, enabling commercial users to adopt cutting-edge technologies. Some countries are more technologically developed, while some still show reluctance in adopting the latest technologies. The lack of knowledge and expertise among end-users and the lack of resources and infrastructures in the developing economies are expected to restrict the growth of the IoT market in Asia Pacific. Some widespread government initiatives in the region aim at improving the efficiency of the services.

Key Market Players

Major vendors in the global IoT market include Siemens (Germany),  Microsoft (US), AWS (US),  Oracle (US),  Cisco (US).

The study includes an in-depth competitive analysis of these key players in the IoT market with their company profiles, recent developments, and key market strategies.

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Scope of the Report

:

Report Metric

Details

Market Size available for years

2015-2026

Base Year Considered

2020

Forecast period

2021-2026

Forecast Unit

Value(USD)

Segments covered

Component, Organization Size, Focus Area, and Region

Geographies covered

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Middle East and Africa
    •  KSA
    • UAE
    • Rest of MEA
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

Companies Covered

Siemens (Germany), Microsoft (US), AWS (US), Oracle (US), Cisco (US), Qualcomm (UK), SAP (Germany), IBM (US), Google (US), Intel (US), Hitachi (Japan), GE Digital (US), PTC (US), ARM (UK), Software AG (Germany), Particle (US), HQ Software (Estonia), Telit (UK), ClearBlade (US), Ayla Networks (US), Hologram (US), Losant (US), Samsara (US), Litmus Automation (US), Confidex (Finland).

The research report categorizes the market into the following segments and subsegments:

IoT Market, By Component

  • Hardware
  • Software Solutions
    • Smart Surveillance
    • Data Management
    • Device Management
    • Application Management
    • Network Management
  • Services
    • Professional Services
      • Consulting
      • Implementation
      • Support and Maintenance
    • Managed Services

IoT Market, By Organization Size

  • Large Enterprises
  • SMEs

IoT Market, By Focus Area

  • Smart Manufacturing
    • Asset Tracking and Remote Management
    • Production Optimization
    • Workforce Management
  • Smart Transportation/Mobility
    • Traffic Management
    • Cargo Monitoring
    • Fleet Management
    • Ticekting and Toll Collection
  • Smart Energy and Utilities
    • Energy Efficiency
    • Energy Consumption
    • Energy Transmission and Distribution
  • Smart Retail
    • Geomarketing and Advertising
    • Smart Payment and Customer Experience
  • Connected Healthcare
    • Telemedicine
    • Clinical Operations Management
    • Imaging and Diagnostics
  • Smart Agriculture
    • Fleet and Crop Monitoring
    • Weather Monitoring
  • Smart Buildings
    • Identity and Access Management
    • Smart Water Management
    • Automation and Control
  • Other Applications (Smart Education and Connected Banks)

IoT Market, by Region

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Middle East and Africa
    • KSA 
    • UAE
    • Rest of Middle East and Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

Recent Developments

  • In October 2021, Siemens Smart Infrastructure acquired a French startup, Wattsense, a hardware and software company that offers innovative, plug-and-play IoT management systems for small and mid-size buildings. This would expand Siemens’ building products portfolio.
  • In June 2021, Microsoft bought ReFirm Labs to enrich Firmware analysis and security capabilities across devices that form the intelligent edge, from servers to IoT.
  • In December 2021, Oracle announced to acquire Cerner, a leading provider of digital information systems used within hospitals and health systems, which allows medical professionals to deliver better healthcare to individual patients and communities.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 42)
    1.1 INTRODUCTION TO COVID-19
    1.2 COVID-19 HEALTH ASSESSMENT
          FIGURE 1 COVID-19: GLOBAL PROPAGATION
          FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES
    1.3 COVID-19 ECONOMIC ASSESSMENT
          FIGURE 3 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020
           1.3.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT
                    FIGURE 4 CRITERIA IMPACTING GLOBAL ECONOMY
                    FIGURE 5 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY
    1.4 OBJECTIVES OF THE STUDY
    1.5 MARKET DEFINITION
           1.5.1 INCLUSIONS AND EXCLUSIONS
    1.6 MARKET SCOPE
           1.6.1 MARKET SEGMENTATION
           1.6.2 REGIONS COVERED
           1.6.3 YEARS CONSIDERED FOR THE STUDY
    1.7 CURRENCY CONSIDERED
          TABLE 1 USD EXCHANGE RATE, 2018–2020
    1.8 STAKEHOLDERS
    1.9 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 52)
    2.1 RESEARCH DATA
          FIGURE 6 GLOBAL IOT MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
           2.1.2 PRIMARY DATA
                    2.1.2.1 Breakdown of primary profiles
                                FIGURE 7 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY, DESIGNATION,  AND REGION
                                TABLE 2 PRIMARY INTERVIEWS
                    2.1.2.2 Key industry insights
    2.2 DATA TRIANGULATION
    2.3 MARKET SIZE ESTIMATION
          FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY-SIDE): REVENUE OF PRODUCTS/SERVICES OF THE IOT MARKET
          FIGURE 9 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH (SUPPLY-SIDE): COLLECTIVE REVENUE OF ALL SOLUTIONS/SERVICES OF IOT
    2.4 MARKET FORECAST
          TABLE 3 FACTOR ANALYSIS
    2.5 ASSUMPTIONS FOR THE STUDY
          TABLE 4 ASSUMPTIONS FOR THE STUDY
    2.6 LIMITATIONS OF THE STUDY

3 EXECUTIVE SUMMARY (Page No. - 59)
    FIGURE 10 IOT MARKET, 2015–2026 (USD BILLION)
    FIGURE 11 MARKET: REGIONAL SNAPSHOT

4 PREMIUM INSIGHTS (Page No. - 62)
    4.1 ATTRACTIVE OPPORTUNITIES IN THE GLOBAL MARKET
          FIGURE 12 SMART CITY ADOPTION IS DRIVING THE MARKET
    4.2 MARKET SHARE, BY COMPONENT
          FIGURE 13 SOFTWARE SOLUTIONS SEGMENT EXPECTED TO ACCOUNT FOR THE LARGEST MARKET SHARE IN 2021
    4.3 MARKET SHARE, BY ORGANIZATION SIZE
          FIGURE 14 LARGE ENTERPRISES SEGMENT EXPECTED TO LEAD THE MARKET IN 2021
    4.4 MARKET SHARE, BY FOCUS AREA
          FIGURE 15 SMART MANUFACTURING SEGMENT EXPECTED TO LEAD THE IOT MARKET DURING THE FORECAST PERIOD

5 MARKET OVERVIEW AND INDUSTRY TRENDS (Page No. - 64)
    5.1 MARKET OVERVIEW
    5.2 MARKET DYNAMICS
          FIGURE 16 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Access to low-cost, low-power sensor technology
                    5.2.1.2 Availability of high-speed connectivity
                    5.2.1.3 Increase in cloud adoption
                    5.2.1.4 Increasing use of data processing and analytics
           5.2.2 RESTRAINTS
                    5.2.2.1 Data security and privacy
                    5.2.2.2 Lack of advancements in communication technology and poor operational efficiency in developing economies
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increase in smart city initiatives worldwide
                    5.2.3.2 Increase in connected devices to drive the growth of IoT
                    5.2.3.3 Emerging 5G technology to help IoT adoption, globally
           5.2.4 CHALLENGES
                    5.2.4.1 Lack of knowledge among the people about IoT and smart cities
                    5.2.4.2 Disruption in logistics and supply chain
           5.2.5 COVID-19 IMPACT ON MARKET DYNAMICS
    5.3 IMPACT OF COVID-19 ON MARKET DYNAMICS
           5.3.1 DRIVERS AND OPPORTUNITIES
           5.3.2 RESTRAINTS AND CHALLENGES
           5.3.3 CUMULATIVE GROWTH ANALYSIS
    5.4 REGULATORY IMPACT
    5.5 USE CASES
           5.5.1 USE CASE 1: CISCO
           5.5.2 USE CASE 2: AWS
           5.5.3 USE CASE 3: HUAWEI
           5.5.4 USE CASE 4: ORACLE
           5.5.5 USE CASE 5: SIEMENS
    5.6 VALUE CHAIN ANALYSIS
          FIGURE 17 IOT MARKET: VALUE CHAIN ANALYSIS
    5.7 ECOSYSTEM
          TABLE 5 MARKET: ECOSYSTEM
    5.8 PATENT ANALYSIS
          FIGURE 18 PATENT ANALYSIS: 2010-2021
          FIGURE 19 TOP APPLICANTS FOR IOT-RELATED MARKET PATENTS
    5.9 PRICING ANALYSIS
          TABLE 6 MARKET: PRICING MODEL
    5.10 TECHNOLOGY ANALYSIS
           5.10.1 ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING
           5.10.2 BIG DATA ANALYTICS
           5.10.3 5G NETWORK
    5.11 TRENDS AND DISRUPTIONS IMPACTING BUYERS
           FIGURE 20 TRENDS IMPACTING CUSTOMERS: IOT MARKET
    5.12 PORTER’S FIVE FORCES ANALYSIS
           TABLE 7 MARKET: PORTER’S FIVE FORCES MODEL
           5.12.1 THREAT OF NEW ENTRANTS
           5.12.2 THREAT OF SUBSTITUTES
           5.12.3 BARGAINING POWER OF BUYERS
           5.12.4 BARGAINING POWER OF SUPPLIERS
           5.12.5 INTENSITY OF COMPETITIVE RIVALRY

6 IOT MARKET, BY COMPONENT (Page No. - 80)
    6.1 INTRODUCTION
           6.1.1 COMPONENT: MARKET DRIVERS
           6.1.2 COMPONENT: IOT COVID-19 IMPACT
                    FIGURE 21 IOT SERVICES TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
                    TABLE 8 MARKET, BY COMPONENT, 2015–2020 (USD BILLION)
                    TABLE 9 MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
    6.2 HARDWARE
           6.2.1 HARDWARE: MARKET DRIVERS
                    TABLE 10 IOT HARDWARE MARKET, BY REGION, 2015–2020 (USD BILLION)
                    TABLE 11 IOT HARDWARE MARKET, BY REGION, 2021–2026 (USD BILLION)
                    TABLE 12 IOT SOFTWARE SOLUTIONS MARKET, BY REGION, 2015–2020 (USD BILLION)
                    TABLE 13 IOT SOFTWARE SOLUTIONS MARKET, BY REGION, 2021–2026 (USD BILLION)
    6.3 SOFTWARE SOLUTIONS
          FIGURE 22 SMART SURVEILLANCE SEGMENT IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
           6.3.1 SOFTWARE SOLUTIONS: IOT MARKET DRIVERS
                    TABLE 14 IOT SOFTWARE SOLUTIONS MARKET, BY COMPONENT, 2015–2020 (USD BILLION)
                    TABLE 15 IOT SOFTWARE SOLUTIONS MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
           6.3.2 SMART SURVEILLANCE
                    6.3.2.1 Smart surveillance: market drivers
                                TABLE 16 IOT SMART SURVEILLANCE MARKET, BY REGION, 2015–2020 (USD BILLION)
                                TABLE 17 IOT SMART SURVEILLANCE MARKET, BY REGION, 2021–2026 (USD BILLION)
           6.3.3 DATA MANAGEMENT
                    6.3.3.1 Data management: market drivers
                                TABLE 18 IOT DATA MANAGEMENT SOLUTIONS MARKET, BY REGION, 2015–2020 (USD BILLION)
                                TABLE 19 IOT DATA MANAGEMENT SOLUTIONS MARKET, BY REGION, 2021–2026 (USD BILLION)
           6.3.4 DEVICE MANAGEMENT
                    6.3.4.1 Device management: Market drivers
                                TABLE 20 IOT DEVICE MANAGEMENT MARKET, BY REGION, 2015–2020 (USD BILLION)
                                TABLE 21 IOT DEVICE MANAGEMENT MARKET, BY REGION, 2021–2026 (USD BILLION)
           6.3.5 APPLICATION MANAGEMENT
                    6.3.5.1 Application management: IoT market drivers
                                TABLE 22 IOT APPLICATION MANAGEMENT MARKET, BY REGION, 2015–2020 (USD BILLION)
                                TABLE 23 IOT APPLICATION MANAGEMENT MARKET, BY REGION, 2021–2026 (USD BILLION)
           6.3.6 NETWORK MANAGEMENT
                    6.3.6.1 Network management: market drivers
                                TABLE 24 IOT NETWORK MANAGEMENT MARKET, BY REGION, 2015–2020 (USD BILLION)
                                TABLE 25 IOT NETWORK MANAGEMENT MARKET, BY REGION, 2021–2026 (USD BILLION)
                                TABLE 26 IOT SERVICES MARKET, BY REGION, 2015–2020 (USD BILLION)
                                TABLE 27 IOT SERVICES MARKET, BY REGION, 2021–2026 (USD BILLION)
    6.4 SERVICES
          FIGURE 23 MANAGED SERVICES SEGMENT EXPECTED TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
           6.4.1 SERVICES: IOT MARKET DRIVERS
                    TABLE 28 IOT SERVICES MARKET, BY COMPONENT, 2015–2020 (USD BILLION)
                    TABLE 29 IOT SERVICES MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
           6.4.2 PROFESSIONAL SERVICES
                    6.4.2.1 Professional services: market drivers
                                TABLE 30 IOT PROFESSIONAL SERVICES MARKET, BY REGION, 2015–2020 (USD BILLION)
                                TABLE 31 IOT PROFESSIONAL SERVICES MARKET, BY REGION, 2021–2026 (USD BILLION)
                                TABLE 32 IOT PROFESSIONAL SERVICES MARKET, BY COMPONENT, 2015–2020 (USD BILLION)
                                TABLE 33 IOT PROFESSIONAL SERVICES MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
                    6.4.2.2 Consulting
                    6.4.2.3 Consulting: market drivers
                                TABLE 34 IOT CONSULTING MARKET, BY REGION, 2015–2020 (USD BILLION)
                                TABLE 35 IOT CONSULTING MARKET, BY REGION, 2021–2026 (USD BILLION)
                    6.4.2.4 Implementation
                    6.4.2.5 Implementation: IoT market drivers
                                TABLE 36 IOT IMPLEMENTATION MARKET, BY REGION, 2015–2020 (USD BILLION)
                                TABLE 37 IOT IMPLEMENTATION MARKET, BY REGION, 2021–2026 (USD BILLION)
                    6.4.2.6 Support and maintenance
                    6.4.2.7 Support and maintenance: market drivers
                                TABLE 38 IOT SUPPORT AND MAINTENANCE MARKET, BY REGION, 2015–2020 (USD BILLION)
                                TABLE 39 IOT SUPPORT & MAINTENANCE MARKET, BY REGION, 2021–2026 (USD BILLION)
           6.4.3 MANAGED SERVICES
                    6.4.3.1 Managed services: market drivers
                                TABLE 40 IOT MANAGED SERVICES MARKET, BY REGION, 2015–2020 (USD BILLION)
                                TABLE 41 IOT MANAGED SERVICES MARKET, BY REGION, 2021–2026 (USD BILLION)

7 IOT MARKET, BY ORGANIZATION SIZE (Page No. - 98)
    7.1 INTRODUCTION
           7.1.1 MARKET BY ORGANIZATION SIZE: MARKET DRIVERS
           7.1.2 MARKET BY ORGANIZATION SIZE: COVID-19 IMPACT
                    FIGURE 24 LARGE ENTERPRISES SEGMENT EXPECTED TO ACHIEVE A HIGHER CAGR DURING THE FORECAST PERIOD
                    TABLE 42 MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)
                    TABLE 43 MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)
    7.2 SMALL AND MEDIUM-SIZED ENTERPRISES
           7.2.1 MARKET FOR SMALL AND MEDIUM-SIZED ENTERPRISES: MARKET DRIVERS
                    TABLE 44 SMALL AND MEDIUM-SIZED ENTERPRISES: MARKET, BY REGION, 2015–2020 (USD BILLION)
                    TABLE 45 SMALL AND MEDIUM-SIZED ENTERPRISES: MARKET, BY REGION, 2021–2026 (USD BILLION)
    7.3 LARGE ENTERPRISES
           7.3.1 MARKET FOR LARGE ORGANIZATIONS: MARKET DRIVERS
                    TABLE 46 LARGE ENTERPRISES: MARKET, BY REGION, 2015–2020 (USD BILLION)
                    TABLE 47 LARGE ENTERPRISES: MARKET, BY REGION, 2021–2026 (USD BILLION)

8 IOT MARKET, BY FOCUS AREA (Page No. - 102)
    8.1 INTRODUCTION
           8.1.1 IOT FOCUS AREA: MARKET DRIVERS
           8.1.2 IOT FOCUS AREA: COVID-19 IMPACT
                    FIGURE 25 SMART RETAIL SEGMENT EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
                    TABLE 48 MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)
                    TABLE 49 MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)
    8.2 SMART MANUFACTURING
           8.2.1 IOT FOR SMART MANUFACTURING: MARKET DRIVERS
                    TABLE 50 IOT SMART MANUFACTURING MARKET, BY REGION, 2015–2020 (USD BILLION)
                    TABLE 51 IOT SMART MANUFACTURING MARKET, BY REGION, 2021–2026 (USD BILLION)
           8.2.2 ASSET TRACKING AND REMOTE MANAGEMENT
                    8.2.2.1 Asset monitoring and management: Market drivers
           8.2.3 PRODUCTION OPTIMIZATION
                    8.2.3.1 Production optimization: Market drivers
           8.2.4 WORKFORCE MANAGEMENT
                    8.2.4.1 Workforce management: IoT Market drivers
    8.3 SMART TRANSPORTATION/MOBILITY
           8.3.1 SMART TRANSPORTATION/MOBILITY: IOT MARKET DRIVERS
                    TABLE 52 IOT SMART TRANSPORTATION/MOBILITY MARKET, BY REGION, 2015–2020 (USD BILLION)
                    TABLE 53 IOT SMART TRANSPORTATION/MOBILITY MARKET, BY REGION, 2021–2026 (USD BILLION)
           8.3.2 TRAFFIC MANAGEMENT
                    8.3.2.1 Traffic management:Market drivers
           8.3.3 CARGO MONITORING
                    8.3.3.1 Cargo monitoring: Market drivers
           8.3.4 FLEET MANAGEMENT
                    8.3.4.1 Fleet management: Marker drivers
           8.3.5 TICKETING AND TOLL COLLECTION
                    8.3.5.1 Ticketing and toll collection: Market drivers
    8.4 SMART ENERGY & UTILITIES
           8.4.1 SMART ENERGY & UTILITIES: MARKET DRIVERS
                    TABLE 54 IOT SMART ENERGY & UTILITIES MARKET, BY REGION, 2015–2020 (USD BILLION)
                    TABLE 55 IOT SMART ENERGY & UTILITIES MARKET, BY REGION, 2021–2026 (USD BILLION)
           8.4.2 ENERGY EFFICIENCY
                    8.4.2.1 Energy efficiency: Market drivers
           8.4.3 ENERGY CONSUMPTION
                    8.4.3.1 Energy consumption: IoT Market drivers
           8.4.4 ENERGY TRANSMISSION AND DISTRIBUTION
                    8.4.4.1 Energy transmission and distribution: Market drivers
    8.5 SMART RETAIL
           8.5.1 SMART RETAIL: MARKET DRIVERS
                    TABLE 56 IOT SMART RETAIL MARKET, BY REGION, 2015–2020 (USD BILLION)
                    TABLE 57 IOT SMART RETAIL MARKET, BY REGION, 2021–2026 (USD BILLION)
           8.5.2 GEOMARKETING AND ADVERTISING
                    8.5.2.1 Geomarketing and advertising: Market drivers
           8.5.3 SMART PAYMENT AND CUSTOMER EXPERIENCE
                    8.5.3.1 Smart payment and customer experience: Market drivers
    8.6 CONNECTED HEALTHCARE
           8.6.1 CONNECTED HEALTHCARE: MARKET DRIVERS
                    TABLE 58 IOT CONNECTED HEALTHCARE MARKET, BY REGION, 2015–2020 (USD BILLION)
                    TABLE 59 IOT CONNECTED HEALTHCARE MARKET, BY REGION, 2021–2026 (USD BILLION)
           8.6.2 TELEMEDICINE
                    8.6.2.1 Telemedicine: Market drivers
           8.6.3 CLINICAL OPERATIONS MANAGEMENT
                    8.6.3.1 Clinical operations management: IoT Market drivers
           8.6.4 IMAGING AND DIAGNOSTICS
                    8.6.4.1 Imaging and diagnostics: Market drivers
    8.7 SMART AGRICULTURE
           8.7.1 SMART AGRICULTURE: MARKET DRIVERS
                    TABLE 60 IOT SMART AGRICULTURE MARKET, BY REGION, 2015–2020 (USD BILLION)
                    TABLE 61 IOT SMART AGRICULTURE MARKET, BY REGION, 2021–2026 (USD BILLION)
           8.7.2 FIELD AND CROP MONITORING
                    8.7.2.1 Field and crop monitoring:Market drivers
           8.7.3 WEATHER MONITORING
                    8.7.3.1 Weather monitoring: Market drivers
    8.8 SMART BUILDINGS
           8.8.1 SMART BUILDINGS: MARKET DRIVERS
                    TABLE 62 IOT SMART BUILDINGS MARKET, BY REGION, 2015–2020 (USD BILLION)
                    TABLE 63 IOT SMART BUILDINGS MARKET, BY REGION, 2021–2026 (USD BILLION)
           8.8.2 IDENTITY AND ACCESS MANAGEMENT
                    8.8.2.1 Identity and access management: Market drivers
                    8.8.2.2 Identity and access management: IoT COVID-19 impact
           8.8.3 SMART WATER MANAGEMENT
                    8.8.3.1 Smart water management: IoT Market drivers
           8.8.4 AUTOMATION AND CONTROL
                    8.8.4.1 Automation and control: Market drivers
    8.9 OTHER APPLICATIONS
          TABLE 64 IOT OTHERS MARKET, BY REGION, 2015–2020 (USD BILLION)
          TABLE 65 IOT OTHERS MARKET, BY REGION, 2021–2026 (USD BILLION)

9 IOT MARKET, BY REGION (Page No. - 119)
    9.1 INTRODUCTION
          FIGURE 26 ASIA PACIFIC EXPECTED TO LEAD THE MARKET BETWEEN 2021–2026
          FIGURE 27 ASIA PACIFIC EXPECTED TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD
          TABLE 66 MARKET, BY REGION, 2015–2020 (USD BILLION)
          TABLE 67 MARKET, BY REGION, 2021–2026 (USD BILLION)
    9.2 NORTH AMERICA
          FIGURE 28 NORTH AMERICA: IOT MARKET SNAPSHOT
           9.2.1 NORTH AMERICA: MARKET DRIVERS
           9.2.2 NORTH AMERICA: IMPACT OF COVID-19 ON THE MARKET
                    TABLE 68 NORTH AMERICA: MARKET, BY COMPONENT, 2015–2020 (USD BILLION)
                    TABLE 69 NORTH AMERICA: MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
                    TABLE 70 NORTH AMERICA: MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)
                    TABLE 71 NORTH AMERICA: MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)
                    TABLE 72 NORTH AMERICA: MARKET, BY SERVICES, 2015–2020 (USD BILLION)
                    TABLE 73 NORTH AMERICA: MARKET, BY SERVICES, 2021–2026 (USD BILLION)
                    TABLE 74 NORTH AMERICA: MARKET, BY PROFESSIONAL SERVICES, 2015–2020 (USD BILLION)
                    TABLE 75 NORTH AMERICA: MARKET, BY PROFESSIONAL SERVICES, 2021–2026 (USD BILLION)
                    TABLE 76 NORTH AMERICA: MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)
                    TABLE 77 NORTH AMERICA: MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)
                    TABLE 78 NORTH AMERICA: MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)
                    TABLE 79 NORTH AMERICA: MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)
                    TABLE 80 NORTH AMERICA: MARKET, BY COUNTRY, 2015–2020 (USD BILLION)
                    TABLE 81 NORTH AMERICA: MARKET, BY COUNTRY, 2021–2026 (USD BILLION)
           9.2.3 UNITED STATES
                    9.2.3.1 US: Regulatory norms
                                TABLE 82 US: IOT MARKET SIZE, BY COMPONENT, 2015–2020 (USD BILLION)
                                TABLE 83 US: MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
                                TABLE 84 US: MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)
                                TABLE 85 US: MARKETSIZE, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)
                                TABLE 86 US: MARKETSIZE, BY SERVICES, 2015–2020 (USD BILLION)
                                TABLE 87 US: MARKETSIZE, BY SERVICES, 2021–2026 (USD BILLION)
                                TABLE 88 US: MARKETSIZE, BY PROFESSIONAL SERVICES, 2015–2020 (USD BILLION)
                                TABLE 89 US: MARKETSIZE, BY PROFESSIONAL SERVICES, 2021–2026 (USD BILLION)
                                TABLE 90 US: MARKETSIZE, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)
                                TABLE 91 US: MARKETSIZE, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)
                                TABLE 92 US: MARKETSIZE, BY FOCUS AREA, 2015–2020 (USD BILLION)
                                TABLE 93 US: MARKETSIZE, BY FOCUS AREA, 2021–2026 (USD BILLION)
           9.2.4 CANADA
                    9.2.4.1 Canada: Regulatory norms
                                TABLE 94 CANADA: IOT MARKET SIZE, BY COMPONENT, 2015–2020 (USD BILLION)
                                TABLE 95 CANADA: MARKETSIZE, BY COMPONENT, 2021–2026 (USD BILLION)
                                TABLE 96 CANADA: MARKETSIZE, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)
                                TABLE 97 CANADA: MARKETSIZE, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)
                                TABLE 98 CANADA: MARKETSIZE, BY SERVICES, 2015–2020 (USD BILLION)
                                TABLE 99 CANADA: MARKETSIZE, BY SERVICES, 2021–2026 (USD BILLION)
                                TABLE 100 CANADA: MARKETSIZE, BY PROFESSIONAL SERVICES, 2015–2020 (USD BILLION)
                                TABLE 101 CANADA: MARKETSIZE, BY PROFESSIONAL SERVICES, 2021–2026 (USD BILLION)
                                TABLE 102 CANADA: MARKETSIZE, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)
                                TABLE 103 CANADA: MARKETSIZE, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)
                                TABLE 104 CANADA: MARKETSIZE, BY FOCUS AREA, 2015–2020 (USD BILLION)
                                TABLE 105 CANADA: MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)
    9.3 EUROPE
           9.3.1 EUROPE: IOT MARKET DRIVERS
           9.3.2 EUROPE: IMPACT OF COVID-19 ON THE MARKET
                    TABLE 106 EUROPE: MARKET, BY COMPONENT, 2015–2020 (USD BILLION)
                    TABLE 107 EUROPE: MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
                    TABLE 108 EUROPE: MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)
                    TABLE 109 EUROPE: MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)
                    TABLE 110 EUROPE: MARKET, BY SERVICES, 2015–2020 (USD BILLION)
                    TABLE 111 EUROPE: MARKET, BY SERVICES, 2021–2026 (USD BILLION)
                    TABLE 112 EUROPE: MARKET, BY PROFESSIONAL SERVICES, 2015–2020 (USD BILLION)
                    TABLE 113 EUROPE: MARKET, BY PROFESSIONAL SERVICES, 2021–2026 (USD BILLION)
                    TABLE 114 EUROPE: MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)
                    TABLE 115 EUROPE: MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)
                    TABLE 116 EUROPE: MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)
                    TABLE 117 EUROPE: MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)
                    TABLE 118 EUROPE: MARKET, BY COUNTRY, 2015–2020 (USD BILLION)
                    TABLE 119 EUROPE: MARKET, BY COUNTRY, 2021–2026 (USD BILLION)
           9.3.3 UNITED KINGDOM
                    9.3.3.1 UK: Regulatory norms
                                TABLE 120 UK: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)
                                TABLE 121 UK: MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
                                TABLE 122 UK: MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)
                                TABLE 123 UK: MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)
                                TABLE 124 UK: MARKET, BY SERVICES, 2015–2020 (USD BILLION)
                                TABLE 125 UK: MARKET, BY SERVICES, 2021–2026 (USD BILLION)
                                TABLE 126 UK: MARKET, BY PROFESSIONAL SERVICES, 2015–2020 (USD BILLION)
                                TABLE 127 UK: MARKET, BY PROFESSIONAL SERVICES, 2021–2026 (USD BILLION)
                                TABLE 128 UK: MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)
                                TABLE 129 UK: MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)
                                TABLE 130 UK: MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)
                                TABLE 131 UK: MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)
           9.3.4 GERMANY
                    9.3.4.1 Germany: Regulatory norms
                                TABLE 132 GERMANY: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)
                                TABLE 133 GERMANY: MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
                                TABLE 134 GERMANY: MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)
                                TABLE 135 GERMANY: MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)
                                TABLE 136 GERMANY: MARKET, BY SERVICES, 2015–2020 (USD BILLION)
                                TABLE 137 GERMANY: MARKET, BY SERVICES, 2021–2026 (USD BILLION)
                                TABLE 138 GERMANY: MARKET, BY PROFESSIONAL SERVICES, 2015–2020 (USD BILLION)
                                TABLE 139 GERMANY: MARKET, BY PROFESSIONAL SERVICES, 2021–2026 (USD BILLION)
                                TABLE 140 GERMANY: MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)
                                TABLE 141 GERMANY: MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)
                                TABLE 142 GERMANY: MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)
                                TABLE 143 GERMANY: MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)
           9.3.5 REST OF EUROPE
                    TABLE 144 REST OF EUROPE: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)
                    TABLE 145 REST OF EUROPE: MARKETSIZE, BY COMPONENT, 2021–2026 (USD BILLION)
                    TABLE 146 REST OF EUROPE: MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)
                    TABLE 147 REST OF EUROPE: MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)
                    TABLE 148 REST OF EUROPE: MARKET, BY SERVICES, 2015–2020 (USD BILLION)
                    TABLE 149 REST OF EUROPE: MARKET, BY SERVICES, 2021–2026 (USD BILLION)
                    TABLE 150 REST OF EUROPE: MARKET, BY PROFESSIONAL SERVICES, 2015–2020 (USD BILLION)
                    TABLE 151 REST OF EUROPE: MARKET, BY PROFESSIONAL SERVICES, 2021–2026 (USD BILLION)
                    TABLE 152 REST OF EUROPE: MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)
                    TABLE 153 REST OF EUROPE: MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)
                    TABLE 154 REST OF EUROPE: MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)
                    TABLE 155 REST OF EUROPE: MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)
    9.4 ASIA PACIFIC
           FIGURE 29 ASIA PACIFIC: IOT MARKET SNAPSHOT
           9.4.1 ASIA PACIFIC: MARKETDRIVERS
           9.4.2 ASIA PACIFIC: IMPACT OF COVID-19 ON THE MARKET
                    TABLE 156 ASIA PACIFIC: MARKET, BY COMPONENT, 2015–2020 (USD BILLION)
                    TABLE 157 ASIA PACIFIC: MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
                    TABLE 158 ASIA PACIFIC: MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)
                    TABLE 159 ASIA PACIFIC: MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)
                    TABLE 160 ASIA PACIFIC: MARKET, BY SERVICES, 2015–2020 (USD BILLION)
                    TABLE 161 ASIA PACIFIC: MARKET, BY SERVICES, 2021–2026 (USD BILLION)
                    TABLE 162 ASIA PACIFIC: MARKET, BY PROFESSIONAL SERVICES, 2015–2020 (USD BILLION)
                    TABLE 163 ASIA PACIFIC: MARKET, BY PROFESSIONAL SERVICES, 2021–2026 (USD BILLION)
                    TABLE 164 ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)
                    TABLE 165 ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)
                    TABLE 166 ASIA PACIFIC: MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)
                    TABLE 167 ASIA PACIFIC: MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)
                    TABLE 168 ASIA PACIFIC: MARKET, BY COUNTRY, 2015–2020 (USD BILLION)
                    TABLE 169 ASIA PACIFIC: MARKET, BY COUNTRY, 2021–2026 (USD BILLION)
           9.4.3 JAPAN
                    9.4.3.1 Japan: Regulatory norms
                                TABLE 170 JAPAN: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)
                                TABLE 171 JAPAN: MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
                                TABLE 172 JAPAN: MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)
                                TABLE 173 JAPAN: MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)
                                TABLE 174 JAPAN: MARKET, BY SERVICES, 2015–2020 (USD BILLION)
                                TABLE 175 JAPAN: MARKET, BY SERVICES, 2021–2026 (USD BILLION)
                                TABLE 176 JAPAN: MARKET, BY PROFESSIONAL SERVICES, 2015–2020 (USD BILLION)
                                TABLE 177 JAPAN: MARKET, BY PROFESSIONAL SERVICES, 2021–2026 (USD BILLION)
                                TABLE 178 JAPAN: MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)
                                TABLE 179 JAPAN: MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)
                                TABLE 180 JAPAN: MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)
                                TABLE 181 JAPAN: MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)
           9.4.4 CHINA
                    9.4.4.1 China: Regulatory norms
                                TABLE 182 CHINA: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)
                                TABLE 183 CHINA: MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
                                TABLE 184 CHINA: MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)
                                TABLE 185 CHINA: MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)
                                TABLE 186 CHINA: MARKET, BY SERVICES, 2015–2020 (USD BILLION)
                                TABLE 187 CHINA: MARKET, BY SERVICES, 2021–2026 (USD BILLION)
                                TABLE 188 CHINA: MARKET, BY PROFESSIONAL SERVICES, 2015–2020 (USD BILLION)
                                TABLE 189 CHINA: MARKET, BY PROFESSIONAL SERVICES, 2021–2026 (USD BILLION)
                                TABLE 190 CHINA: MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)
                                TABLE 191 CHINA: MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)
                                TABLE 192 CHINA: MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)
                                TABLE 193 CHINA: MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)
           9.4.5 INDIA
                    9.4.5.1 India: Regulatory norms
                                TABLE 194 INDIA: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)
                                TABLE 195 INDIA: MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
                                TABLE 196 INDIA: MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)
                                TABLE 197 INDIA: MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)
                                TABLE 198 INDIA: MARKET, BY SERVICES, 2015–2020 (USD BILLION)
                                TABLE 199 INDIA: MARKET, BY SERVICES, 2021–2026 (USD BILLION)
                                TABLE 200 INDIA: MARKET, BY PROFESSIONAL SERVICES, 2015–2020 (USD BILLION)
                                TABLE 201 INDIA: MARKET, BY PROFESSIONAL SERVICES, 2021–2026 (USD BILLION)
                                TABLE 202 INDIA: MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)
                                TABLE 203 INDIA: MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)
                                TABLE 204 INDIA: MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)
                                TABLE 205 INDIA: MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)
           9.4.6 REST OF ASIA PACIFIC
                                TABLE 206 REST OF ASIA PACIFIC: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)
                                TABLE 207 REST OF ASIA PACIFIC: MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
                                TABLE 208 REST OF ASIA PACIFIC: MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)
                                TABLE 209 REST OF ASIA PACIFIC: MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)
                                TABLE 210 REST OF ASIA PACIFIC: MARKET, BY SERVICES, 2015–2020 (USD BILLION)
                                TABLE 211 REST OF ASIA PACIFIC: MARKET, BY SERVICES, 2021–2026 (USD BILLION)
                                TABLE 212 REST OF ASIA PACIFIC: MARKET, BY PROFESSIONAL SERVICES, 2015–2020 (USD BILLION)
                                TABLE 213 REST OF ASIA PACIFIC: MARKET, BY PROFESSIONAL SERVICES, 2021–2026 (USD BILLION)
                                TABLE 214 REST OF ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)
                                TABLE 215 REST OF ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)
                                TABLE 216 REST OF ASIA PACIFIC: MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)
                                TABLE 217 REST OF ASIA PACIFIC: MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)
    9.5 MIDDLE EAST & AFRICA
           9.5.1 MIDDLE EAST & AFRICA: IOT MARKET DRIVERS
           9.5.2 MIDDLE EAST & AFRICA: IMPACT OF COVID-19 ON THE MARKET
                                TABLE 218 MIDDLE EAST & AFRICA: MARKET, BY COMPONENT, 2015–2020 (USD BILLION)
                                TABLE 219 MIDDLE EAST & AFRICA: MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
                                TABLE 220 MIDDLE EAST & AFRICA: MARKET, BY SOFTWARE SOLUTIONS,  2015–2020 (USD BILLION)
                                TABLE 221 MIDDLE EAST & AFRICA: MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)
                                TABLE 222 MIDDLE EAST & AFRICA: MARKET, BY SERVICES, 2015–2020 (USD BILLION)
                                TABLE 223 MIDDLE EAST & AFRICA: MARKET, BY SERVICES, 2021–2026 (USD BILLION)
                                TABLE 224 MIDDLE EAST & AFRICA: MARKET, BY PROFESSIONAL SERVICES, 2015–2020 (USD BILLION)
                                TABLE 225 MIDDLE EAST & AFRICA: MARKET, BY PROFESSIONAL SERVICES,  2021–2026 (USD BILLION)
                                TABLE 226 MIDDLE EAST & AFRICA: MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)
                                TABLE 227 MIDDLE EAST & AFRICA: MARKET, BY ORGANIZATION SIZE,  2021–2026 (USD BILLION)
                                TABLE 228 MIDDLE EAST & AFRICA: MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)
                                TABLE 229 MIDDLE EAST & AFRICA: MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)
                                TABLE 230 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2015–2020 (USD BILLION)
                                TABLE 231 MIDDLE EAST & AFRICA: MARKETSIZE, BY COUNTRY, 2021–2026 (USD BILLION)
           9.5.3 KINGDOM OF SAUDI ARABIA
                    9.5.3.1 Kingdom of Saudi Arabia: Regulatory norms
                                TABLE 232 KINGDOM OF SAUDI ARABIA: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)
                                TABLE 233 KINGDOM OF SAUDI ARABIA: MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
                                TABLE 234 KINGDOM OF SAUDI ARABIA: MARKET, BY SOFTWARE SOLUTIONS,  2015–2020 (USD BILLION)
                                TABLE 235 KINGDOM OF SAUDI ARABIA: MARKET, BY SOFTWARE SOLUTIONS,  2021–2026 (USD BILLION)
                                TABLE 236 KINGDOM OF SAUDI ARABIA: MARKET, BY SERVICES, 2015–2020 (USD BILLION)
                                TABLE 237 KINGDOM OF SAUDI ARABIA: MARKET, BY SERVICES, 2021–2026 (USD BILLION)
                                TABLE 238 KINGDOM OF SAUDI ARABIA: MARKET, BY PROFESSIONAL SERVICES,  2015–2020 (USD BILLION)
                                TABLE 239 KINGDOM OF SAUDI ARABIA: MARKET, BY PROFESSIONAL SERVICES,  2021–2026 (USD BILLION)
                                TABLE 240 KINGDOM OF SAUDI ARABIA: MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)
                                TABLE 241 KINGDOM OF SAUDI ARABIA: MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)
                                TABLE 242 KINGDOM OF SAUDI ARABIA: MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)
                                TABLE 243 KINGDOM OF SAUDI ARABIA: MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)
           9.5.4 UAE
                    9.5.4.1 UAE: Regulatory norms
                                TABLE 244 UAE: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)
                                TABLE 245 UAE: MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
                                TABLE 246 UAE: MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)
                                TABLE 247 UAE: MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)
                                TABLE 248 UAE: MARKET, BY SERVICES, 2015–2020 (USD BILLION)
                                TABLE 249 UAE: MARKET, BY SERVICES, 2021–2026 (USD BILLION)
                                TABLE 250 UAE: MARKET, BY PROFESSIONAL SERVICES, 2015–2020 (USD BILLION)
                                TABLE 251 UAE: MARKET, BY PROFESSIONAL SERVICES, 2021–2026 (USD BILLION)
                                TABLE 252 UAE: MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)
                                TABLE 253 UAE: MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)
                                TABLE 254 UAE: MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)
                                TABLE 255 UAE: MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)
           9.5.5 REST OF MIDDLE EAST & AFRICA
                    TABLE 256 REST OF MIDDLE EAST & AFRICA: IOT MARKET SIZE, BY COMPONENT, 2015–2020 (USD BILLION)
                    TABLE 257 REST OF MIDDLE EAST & AFRICA: MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
                    TABLE 258 REST OF MIDDLE EAST & AFRICA: MARKET, BY SOFTWARE SOLUTIONS,  2015–2020 (USD BILLION)
                    TABLE 259 REST OF MIDDLE EAST & AFRICA: MARKET, BY SOFTWARE SOLUTIONS,  2021–2026 (USD BILLION)
                    TABLE 260 REST OF MIDDLE EAST & AFRICA: MARKET, BY SERVICES, 2015–2020 (USD BILLION)
                    TABLE 261 REST OF MIDDLE EAST & AFRICA: MARKET, BY SERVICES, 2021–2026 (USD BILLION)
                    TABLE 262 REST OF MIDDLE EAST & AFRICA: MARKET, BY PROFESSIONAL SERVICES,  2015–2020 (USD BILLION)
                    TABLE 263 REST OF MIDDLE EAST & AFRICA: MARKET, BY PROFESSIONAL SERVICES,  2021–2026 (USD BILLION)
                    TABLE 264 REST OF MIDDLE EAST & AFRICA: MARKET, BY ORGANIZATION SIZE,  2015–2020 (USD BILLION)
                    TABLE 265 REST OF MIDDLE EAST & AFRICA: IOT MARKET, BY ORGANIZATION SIZE,  2021–2026 (USD BILLION)
                    TABLE 266 REST OF MIDDLE EAST & AFRICA: IOT MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)
                    TABLE 267 REST OF MIDDLE EAST & AFRICA: IOT MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)
    9.6 LATIN AMERICA
           9.6.1 LATIN AMERICA: IOT MARKET DRIVERS
           9.6.2 LATIN AMERICA: IMPACT OF COVID-19 ON THE MARKET
                    TABLE 268 LATIN AMERICA: MARKET, BY COMPONENT, 2015–2020 (USD BILLION)
                    TABLE 269 LATIN AMERICA: MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
                    TABLE 270 LATIN AMERICA: MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)
                    TABLE 271 LATIN AMERICA: MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)
                    TABLE 272 LATIN AMERICA: MARKET, BY SERVICES, 2015–2020 (USD BILLION)
                    TABLE 273 LATIN AMERICA: MARKET, BY SERVICES, 2021–2026 (USD BILLION)
                    TABLE 274 LATIN AMERICA: MARKET, BY PROFESSIONAL SERVICES, 2015–2020 (USD BILLION)
                    TABLE 275 LATIN AMERICA: MARKET, BY PROFESSIONAL SERVICES, 2021–2026 (USD BILLION)
                    TABLE 276 LATIN AMERICA: MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)
                    TABLE 277 LATIN AMERICA: MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)
                    TABLE 278 LATIN AMERICA: MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)
                    TABLE 279 LATIN AMERICA: MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)
                    TABLE 280 LATIN AMERICA: MARKET, BY COUNTRY, 2015–2020 (USD BILLION)
                    TABLE 281 LATIN AMERICA: MARKET, BY COUNTRY, 2021–2026 (USD BILLION)
           9.6.3 BRAZIL
                    9.6.3.1 Brazil: Regulatory norms
                                TABLE 282 BRAZIL: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)
                                TABLE 283 BRAZIL: MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
                                TABLE 284 BRAZIL: MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)
                                TABLE 285 BRAZIL: MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)
                                TABLE 286 BRAZIL: MARKET, BY SERVICES, 2015–2020 (USD BILLION)
                                TABLE 287 BRAZIL: MARKET, BY SERVICES, 2021–2026 (USD BILLION)
                                TABLE 288 BRAZIL: MARKET, BY PROFESSIONAL SERVICES, 2015–2020 (USD BILLION)
                                TABLE 289 BRAZIL: MARKET, BY PROFESSIONAL SERVICES, 2021–2026 (USD BILLION)
                                TABLE 290 BRAZIL: MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)
                                TABLE 291 BRAZIL: MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)
                                TABLE 292 BRAZIL: MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)
                                TABLE 293 BRAZIL: MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)
           9.6.4 MEXICO
                    9.6.4.1 Mexico: Regulatory norms
                                TABLE 294 MEXICO: IOT MARKET, BY COMPONENT, 2015–2020 (USD BILLION)
                                TABLE 295 MEXICO: MARKET, BY COMPONENT, 2021–2026 (USD BILLION)
                                TABLE 296 MEXICO: MARKET, BY SOFTWARE SOLUTIONS, 2015–2020 (USD BILLION)
                                TABLE 297 MEXICO: MARKET, BY SOFTWARE SOLUTIONS, 2021–2026 (USD BILLION)
                                TABLE 298 MEXICO: MARKET, BY SERVICES, 2015–2020 (USD BILLION)
                                TABLE 299 MEXICO: MARKET, BY SERVICES, 2021–2026 (USD BILLION)
                                TABLE 300 MEXICO: MARKET, BY PROFESSIONAL SERVICES, 2015–2020 (USD BILLION)
                                TABLE 301 MEXICO: MARKET, BY PROFESSIONAL SERVICES, 2021–2026 (USD BILLION)
                                TABLE 302 MEXICO: MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)
                                TABLE 303 MEXICO: MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)
                                TABLE 304 MEXICO: MARKET, BY FOCUS AREA, 2015–2020 (USD BILLION)
                                TABLE 305 MEXICO: MARKET, BY FOCUS AREA, 2021–2026 (USD BILLION)
           9.6.5 REST OF LATIN AMERICA
                    TABLE 306 REST OF LATIN AMERICA: IOT MARKET SIZE, BY COMPONENT, 2015–2020 (USD BILLION)
                    TABLE 307 REST OF LATIN AMERICA: MARKET SIZE, BY COMPONENT, 2021–2026 (USD BILLION)
                    TABLE 308 REST OF LATIN AMERICA: MARKET SIZE, BY SOFTWARE SOLUTIONS,  2015–2020 (USD BILLION)
                    TABLE 309 REST OF LATIN AMERICA: MARKET SIZE, BY SOFTWARE SOLUTIONS,  2021–2026 (USD BILLION)
                    TABLE 310 REST OF LATIN AMERICA: MARKET SIZE, BY SERVICES, 2015–2020 (USD BILLION)
                    TABLE 311 REST OF LATIN AMERICA: MARKET SIZE, BY SERVICES, 2021–2026 (USD BILLION)
                    TABLE 312 REST OF LATIN AMERICA: MARKET SIZE, BY PROFESSIONAL SERVICES,  2015–2020 (USD BILLION)
                    TABLE 313 REST OF LATIN AMERICA: MARKET SIZE, BY PROFESSIONAL SERVICES,  2021–2026 (USD BILLION)
                    TABLE 314 REST OF LATIN AMERICA: MARKET SIZE, BY ORGANIZATION SIZE, 2015–2020 (USD BILLION)
                    TABLE 315 REST OF LATIN AMERICA: MARKET SIZE, BY ORGANIZATION SIZE, 2021–2026 (USD BILLION)
                    TABLE 316 REST OF LATIN AMERICA: MARKET SIZE, BY FOCUS AREA, 2015–2020 (USD BILLION)
                    TABLE 317 REST OF LATIN AMERICA: MARKET SIZE, BY FOCUS AREA, 2021–2026 (USD BILLION)

10 COMPETITIVE LANDSCAPE (Page No. - 200)
     10.1 OVERVIEW
     10.2 MARKET SHARE ANALYSIS
             TABLE 318 IOT MARKET: DEGREE OF COMPETITION
     10.3 HISTORICAL REVENUE ANALYSIS
             FIGURE 30 REVENUE ANALYSIS OF TOP MARKET PLAYERS, 2016–2020
     10.4 MARKET EVALUATION FRAMEWORK
             FIGURE 31 MARKET EVALUATION FRAMEWORK: EXPANSIONS AND CONSOLIDATIONS IN THE MARKET BETWEEN 2019 AND 2021
     10.5 REVENUE ANALYSIS OF LEADING PLAYERS
             FIGURE 32 MARKET: REVENUE ANALYSIS
     10.6 RANKING OF KEY PLAYERS
             FIGURE 33 RANKING OF KEY MARKET PLAYERS
     10.7 COMPANY EVALUATION MATRIX
             10.7.1 STARS
             10.7.2 EMERGING LEADERS
             10.7.3 PERVASIVE LEADERS
             10.7.4 PARTICIPANTS
                       FIGURE 34 GLOBAL MARKET: COMPANY EVALUATION MATRIX, 2021
     10.8 PRODUCT PORTFOLIO ANALYSIS OF MAJOR PLAYERS
             TABLE 319 COMPANY FOOTPRINT ANALYSIS: IOT MARKET
             TABLE 320 COMPANY INDUSTRY FOOTPRINT: MARKET
             TABLE 321 COMPANY APPLICATION FOOTPRINT: MARKET
             TABLE 322 COMPANY REGION FOOTPRINT: MARKET
     10.9 COMPETITIVE SCENARIO
             10.9.1 NEW SERVICE/PRODUCT LAUNCHES
                        TABLE 323 NEW SERVICE/PRODUCT LAUNCHES, 2019–2021
             10.9.2 DEALS
                        TABLE 324 DEALS, 2019–2021
     10.10 STARTUP/SME EVALUATION MATRIX
             10.10.1 PROGRESSIVE COMPANIES
             10.10.2 RESPONSIVE COMPANIES
             10.10.3 DYNAMIC COMPANIES
             10.10.4 STARTING BLOCKS
                        FIGURE 35 IOT MARKET (GLOBAL), STARTUP/SME EVALUATION MATRIX

11 COMPANY PROFILES (Page No. - 214)
     11.1 MAJOR PLAYERS
(Business overview, Products offered, Recent developments, Response to COVID-19, MNM view, Key strengths/right to win, Strategic choices made, and Weakness and competitive threats)*
             11.1.1 SIEMENS
                        TABLE 325 SIEMENS: BUSINESS OVERVIEW
                        FIGURE 36 SIEMENS: FINANCIAL OVERVIEW
                        TABLE 326 SIEMENS: PRODUCTS OFFERED
                        TABLE 327 SIEMENS: PRODUCT LAUNCHES
                        TABLE 328 SIEMENS: DEALS
             11.1.2 MICROSOFT
                        TABLE 329 MICROSOFT: BUSINESS OVERVIEW
                        FIGURE 37 MICROSOFT: FINANCIAL OVERVIEW
                        TABLE 330 MICROSOFT: PRODUCTS OFFERED
                        TABLE 331 MICROSOFT: PRODUCT LAUNCHES
                        TABLE 332 MICROSOFT: DEALS
             11.1.3 AWS
                        TABLE 333 AWS: BUSINESS OVERVIEW
                        FIGURE 38 AMAZON: FINANCIAL OVERVIEW
                        TABLE 334 AWS: PRODUCTS OFFERED
                        TABLE 335 AWS: PRODUCT LAUNCHES
                        TABLE 336 AWS: DEALS
             11.1.4 ORACLE
                        TABLE 337 ORACLE: BUSINESS OVERVIEW
                        FIGURE 39 ORACLE: FINANCIAL OVERVIEW
                        TABLE 338 ORACLE: PRODUCTS OFFERED
                        TABLE 339 ORACLE: DEALS
             11.1.5 CISCO
                        TABLE 340 CISCO: BUSINESS OVERVIEW
                        FIGURE 40 CISCO: FINANCIAL OVERVIEW
                        TABLE 341 CISCO: PRODUCTS OFFERED
                        TABLE 342 CISCO: PRODUCT LAUNCHES
                        TABLE 343 CISCO: DEALS
             11.1.6 QUALCOMM
                        TABLE 344 QUALCOMM: BUSINESS OVERVIEW
                        FIGURE 41 QUALCOMM: FINANCIAL OVERVIEW
                        TABLE 345 QUALCOMM: SOLUTIONS OFFERED
                        TABLE 346 QUALCOMM: PRODUCT LAUNCHES AND ENHANCEMENTS
                        TABLE 347 QUALCOMM: DEALS
             11.1.7 SAP
                        TABLE 348 SAP: BUSINESS OVERVIEW
                        FIGURE 42 SAP: FINANCIAL OVERVIEW
                        TABLE 349 SAP: SOLUTIONS OFFERED
                        TABLE 350 SAP: PRODUCT LAUNCHES
                        TABLE 351 SAP: DEALS
             11.1.8 IBM
                        TABLE 352 IBM: BUSINESS OVERVIEW
                        FIGURE 43 IBM: FINANCIAL OVERVIEW
                        TABLE 353 IBM: PRODUCTS OFFERED
                        TABLE 354 IBM: PRODUCT LAUNCHES
                        TABLE 355 IBM: DEALS
             11.1.9 GOOGLE
                        TABLE 356 GOOGLE: BUSINESS OVERVIEW
                        FIGURE 44 GOOGLE: FINANCIAL OVERVIEW
                        TABLE 357 GOOGLE: PRODUCTS OFFERED
                        TABLE 358 GOOGLE: PRODUCT LAUNCHES
                        TABLE 359 GOOGLE: DEALS
             11.1.10 INTEL
                        TABLE 360 INTEL: BUSINESS OVERVIEW
                        FIGURE 45 INTEL: FINANCIAL OVERVIEW
                        TABLE 361 INTEL: PRODUCTS OFFERED
                        TABLE 362 INTEL: PRODUCT LAUNCHES
                        TABLE 363 INTEL: DEALS
             11.1.11 HITACHI
             11.1.12 GE DIGITAL
             11.1.13 PTC
             11.1.14 ARM
             11.1.15 SOFTWARE AG
     11.2 STARTUP/SMES PLAYERS
             11.2.1 PARTICLE
             11.2.2 HQSOFTWARE
             11.2.3 TELIT
             11.2.4 CLEARBLADE
             11.2.5 AYLA NETWORKS
             11.2.6 HOLOGRAM
             11.2.7 LOSANT
             11.2.8 SAMSARA
             11.2.9 LITMUS AUTOMATION
             11.2.10 CONFIDEX

*Details on Business overview, Products offered, Recent developments, Response to COVID-19, MNM view, Key strengths/right to win, Strategic choices made, and Weakness and competitive threats might not be captured in case of unlisted companies.

12 ADJACENT MARKETS (Page No. - 261)
     12.1 INTRODUCTION
             TABLE 364 ADJACENT MARKETS AND FORECASTS
     12.2 LIMITATIONS
     12.3 IOT ECOSYSTEM AND ADJACENT MARKETS
     12.4 IOT IN SMART CITIES MARKET
             12.4.1 ADJACENT MARKET: IOT IN SMART CITIES MARKET, BY APPLICATION
                        TABLE 365 IOT IN SMART CITIES MARKET, BY APPLICATION, 2021–2026 (USD BILLION)
                        TABLE 366 SMART TRANSPORTATION: IOT IN SMART CITIES MARKET, BY REGION,  2021–2026 (USD BILLION)
                        TABLE 367 SMART BUILDING: IOT IN SMART CITIES MARKET, BY REGION, 2021–2026 (USD BILLION)
                        TABLE 368 SMART UTILITIES: IOT IN SMART CITIES MARKET, BY REGION, 2021–2026 (USD BILLION)
             12.4.2 ADJACENT MARKET: IOT IN SMART CITIES MARKET, BY REGION
                        TABLE 369 NORTH AMERICA: IOT IN SMART CITIES MARKET, BY APPLICATION,  2021–2026 (USD BILLION)
                        TABLE 370 EUROPE: IOT IN SMART CITIES MARKET, BY APPLICATION, 2021–2026 (USD BILLION)
                        TABLE 371 ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY APPLICATION, 2021–2026 (USD BILLION)
                        TABLE 372 MIDDLE EAST & AFRICA: IOT IN SMART CITIES MARKET, BY APPLICATION,  2021–2026 (USD BILLION)
                        TABLE 373 LATIN AMERICA: IOT IN SMART CITIES MARKET, BY APPLICATION, 2021–2026 (USD BILLION)
             12.4.3 ADJACENT MARKET: IOT IN SMART CITIES MARKET, BY SOLUTION
                        TABLE 374 IOT IN SMART CITIES MARKET, BY SOLUTION, 2021–2026 (USD BILLION)
                        TABLE 375 REMOTE MONITORING: IOT IN SMART CITIES MARKET, BY REGION, 2021–2026 (USD BILLION)
                        TABLE 376 REAL-TIME LOCATION SYSTEM: IOT IN SMART CITIES MARKET, BY REGION, 2021–2026 (USD BILLION)
                        TABLE 377 NETWORK MANAGEMENT: IOT IN SMART CITIES MARKET, BY REGION, 2021–2026 (USD BILLION)
                        TABLE 378 SECURITY: IOT IN SMART CITIES MARKET, BY REGION, 2021–2026 (USD BILLION)
                        TABLE 379 DATA MANAGEMENT: IOT IN SMART CITIES MARKET, BY REGION, 2021–2026 (USD BILLION)
                        TABLE 380 REPORTING AND ANALYTICS: IOT IN SMART CITIES MARKET, BY REGION,  2021–2026 (USD BILLION)

13 APPENDIX (Page No. - 268)
     13.1 DISCUSSION GUIDE
     13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL
     13.3 AVAILABLE CUSTOMIZATIONS
     13.4 RELATED REPORTS
     13.5 AUTHOR DETAILS

The study involved major activities in estimating the current market size for the IoT Market. An exhaustive secondary research was done to collect information on the IoT industry. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Different approaches such as Top-down, bottom-up were employed to estimate the total market size. After that, the market breakup and data triangulation procedures were used to estimate the market size of the segments and sub segments of the IoT Market.

Secondary Research

The market size of companies offering IoT hardware, software solutions and services for various vendors is arrived at based on the secondary data available through paid and unpaid sources and by analyzing the different components (hardware, software solutions and services) of major companies in the ecosystem and rating them based on their performance and quality. In the secondary research process, various sources were referred to for identifying and collecting information for this study. The secondary sources included annual reports, press releases and investor presentations of companies, white papers, journals, and certified publications and articles from recognized authors, directories, and databases. Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, market classification, and segmentation according to the industry trends to the bottommost level, regional markets, and key developments from both market- and technology-oriented perspectives, all of which were further validated by primary sources.

Primary Research

In the primary research process, various primary sources from supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side included industry experts, such as chief executive officers (CEOs), chief information security officers (CISOs), chief technology officers (CTOs), chief operating officers (COOs), vice presidents (VPs), managing directors (MDs), technology and innovation directors, and related key executives from various key companies and organizations operating in the IoT Market.

Following is the breakup of the primary respondents:

Internet of Things market Size, and Share

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

Market Size Estimation

In this market size estimation approach, we identified the key companies providing IoT solutions, including Siemens, Microsoft, AWS, Oracle, Cisco, Qualcomm, SAP, Google etc. These companies contribute to more than 10-15% of the global IoT market. After confirming the market share of these companies with industry experts through primary interviews, we estimated their total revenue through annual reports, Securities and Exchange Commission (SEC) filings, and paid databases. The revenues of the business units (BUs) of these companies that offer IoT solutions were identified through similar sources. We then estimated the revenue generated through the sale of specific IoT solutions via primary research. The collective revenue of vendors offering IoT solutions comprised 65–70% of the market and IoT services comprised 30–35% of the market, which was again confirmed through primary interviews with industry experts. With the assumption that the rest of the market is contributed to by smaller players that are a part of the unorganized market, the market size of organized players (60–70%) and unorganized players (30–40%) collectively was assumed to be the size of the IoT market for the financial year (FY) 2021.

Data Triangulation

After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and subsegments. The data triangulation and market breakup procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegments. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

  • To determine and forecast the global IoT market by component, organization size, focus area, and region, from 2021 to 2026, and analyze the various macroeconomic and microeconomic factors that affect market growth
  • To forecast the size of the market segments with respect to five main regions: North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa (MEA)
  • To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the IoT market
  • To analyze each submarket with respect to individual growth trends, prospects, and contributions to the overall IoT market
  • To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the IoT market
  • To profile the key market players; provide a comparative analysis on the basis of business overviews, regional presence, product offerings, business strategies, and key financials; and illustrate the competitive landscape of the market
  • To track and analyze competitive developments, such as mergers and acquisitions, product developments, partnerships and collaborations, and research & development (R&D) activities, in the market

Available customizations

Along with the market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Geographic analysis

  • Further breakup of the North America IoT market into countries
  • Further breakup of the Europe IoT market into countries
  • Further breakup of the APAC IoT market into countries
  • Further breakup of the Middle East and Africa IoT market into countries
  • Further breakup of the Latin America IoT market into countries

Company information

  • Detailed analysis and profiling of additional market players
Report Code
TC 2895
Published ON
Feb, 2022
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