HOME Top Market Reports Internet of Things Technology Market by Node Component (Processor, Sensor, Connectivity IC, Memory Device, and Logic Device), Network Infrastructure, Software Solution, Platform, Service, End-use Application, and Geography - Global Forecast to 2022

Internet of Things Technology Market by Node Component (Processor, Sensor, Connectivity IC, Memory Device, and Logic Device), Network Infrastructure, Software Solution, Platform, Service, End-use Application, and Geography - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: November 2017
Report Code: SE 2509

 

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The IoT technology market constitutes node component, network infrastructure, software solution, platform, and service. The IoT technology market is expected to grow at a CAGR of 25.1% during the forecast period, to reach USD 639.74 Billion by 2022 from USD 176.00 Billion in 2016. The base year used for this study is 2016, and the forecast period is from 2017 to 2022.

Objectives of the Study

  • To define, describe, and forecast the overall IoT technology market on the basis of node component, network infrastructure, software solution, platform, service, end-use application, and geography
  • To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and contribution to the total market
  • To analyze opportunities in the market for stakeholders and detail the competitive landscape for market players
  • To forecast the market size for various segments with respect to four main regions: North America, Europe, Asia Pacific, and Rest of the World
  • To strategically profile key players and comprehensively analyze market rankings and core competencies
  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze the competitive developments such as joint ventures, mergers and acquisitions, product launches, and research and development in the IoT Technology market
  • To map the competitive intelligence based on company profiles, key player strategies, and game-changing developments such as product developments, collaborations, and acquisitions

To estimate the size of the IoT technology market, top-down and bottom-up approaches have been followed in the study. This entire research methodology includes the study of annual and financial reports of top players, presentations, and press releases; associations/consortiums such as Semiconductor Industry Association (SIA), IoT Acceleration Consortium (Japan), and European Research Cluster on the Internet of Things (IERC); paid databases such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource; and interviews with industry experts. Also, the average revenue generated by the companies according to the region was used to arrive at the overall IoT technology market size. This overall market size was used in the top-down procedure to estimate the sizes of other individual markets via percentage splits from secondary and primary research.

Internet of Things Technology Market

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

The IoT technology market comprises players such as Intel (US), QUALCOMM (US), Texas Instruments Incorporated (US), Microsoft (US), IBM (US), Cisco Systems (US), and Amazon Web Services (US), among others.

Target Audience:

  • Raw material and manufacturing equipment suppliers
  • Semiconductor wafer vendors
  • Fabless players
  • EDA and IP core vendors
  • Foundry players
  • Original equipment manufacturers (OEMs)
  • Original design manufacturers (ODM) and OEM technology solution providers
  • Distributors and retailers
  • Research organizations
  • Technology standard organizations, forums, alliances, and associations
  • Technology investors
  • Operating system (OS) vendors
  • Content providers
  • Software providers

IoT Technology Market Scope:

By Node

  • Processor
    • Microcontroller (MCU)
    • Application Processor (AP)
    • Digital Signal Processor (DSP)
  • Sensor
    • Accelerometer
    • Inertial Measurement Unit (IMU)
    • Heart Rate Sensor
    • Pressure Sensor
    • Temperature Sensor
    • Blood Glucose Sensor
    • Blood Oxygen Sensor
    • Electrocardiogram (ECG) Sensor
    • Humidity Sensor
    • Image Sensor
    • Ambient Light Sensor
    • Flow Sensor
    • Level Sensor
    • Chemical Sensor
    • Carbon Monoxide Sensor
    • Motion and Position Sensor
    • Camera Module
  • Connectivity IC
    • Wired
      • Ethernet/IP
      • Modbus
      • Profinet
      • Foundation Fieldbus (FF)
    • Wireless
      • Ant+
      • Bluetooth
      • Bluetooth Smart/Bluetooth Low Energy (BLE)
      • ZigBee
      • Wireless Fidelity (Wi-Fi)
      • Near-Field Communication (NFC)
      • Cellular Network
      • Wireless Highway Addressable Remote Transducer Protocol (WHART)
      • Global Positioning System (GPS)/Global Navigation Satellite System (GNSS) Module
      • ISA 100
      • Bluetooth/WLAN
    • Memory Device
      • Flash Memory
      • Dynamic Random Access Memory (DRAM)
    • Logic Device
      • Field-Programmable Gate Array (FPGA)

By Network Infrastructure*

  • Server
    • Tower Server
    • Rack Server
    • Blade Server
    • Density-Optimized Server
  • Storage
  • Ethernet Switches
  • Gateways

* Network Infrastructure segment covers the products that are used in transmission, analysis, and reception of the data generated by the nodes

By Software Solution

  • Real-time Streaming Analytics
  • Security Solution
  • Data Management
  • Remote Monitoring System
  • Network Bandwidth Management

By Platform

  • Device Management Platform
  • Application Enablement/Development Platform
  • Network Management Platform

By Services

  • Managed Services
  • Professional Services

By End-use Applications

  • Wearable Devices
    • Activity Monitors
    • Smartwatches
    • Smart Glasses
    • Body-Worn Cameras
    • Panic/SOS Buttons
    • Smart Locator
    • Smart Water Purifier
    • Identity Authenticator
    • Thermal Bracelet
    • Safe Driving Ingestible Pills
  • Healthcare
    • Fitness & 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
  • Consumer Electronics
    • Smart Lighting
    • Smart TV
    • Smart Washing Machine
    • Smart Dryer
    • Smart Refrigerator
    • Smart Oven
    • Smart Cooktop
    • Smart Cooker
    • Smart Deep Freezer
    • Smart Dishwasher
    • Smart Coffee Maker
    • Smart Kettle
  • Building Automation
    • Occupancy Sensor
    • Daylight Sensor
    • Smart Thermostats
    • IP Cameras
    • Smart Meters
    • Smart Locks
    • Smoke Detectors
  • Industrial
    • Temperature Sensors
    • Pressure Sensors
    • Level Sensors
    • Flow Sensors
    • Chemical Sensors
    • Humidity Sensor
    • Motion and Position Sensors
    • Image Sensors
  • Automotive & Transportation
    • Connected Cars
      • Level 1 – Driver Assistance
        • Adaptive Cruise Control (ACC)
        • Lane Departure Warning System (LDWS)
        • Parking Assist (PA) System
      • Level 2 – Partial Automation
        • Lane Keep Assist (LKA) and ACC (Improved)
        • Parking Assist (PA) (Improved)
      • Level 3 – Conditional Automation
        • Traffic Jam Chauffeur
        • Highway Driving
      • Level 4 – High Automation
      • Sensor Fusion
      • Automatic Pilot Highway
    • Ultrasonic Sensors
    • Cameras/Image Sensors
    • Radar
    • Lidar
  • Banking, Financial Services, and Insurance (BFSI)
    • Mobile Point of Sale (mPOS)
    • Smart Kiosk/Interactive Kiosk
  • Agriculture
    • Climate Sensors
    • Soil Moisture Sensors
    • Level Sensors
  • Retail
    • Intelligent Vending Machines
    • Contactless Checkout/POS
    • Smart Mirror
    • Smart Shopping Cart
    • Digital Signage
    • Smart Tags
    • Wireless Beacons
  • Oil and Gas
    • Temperature Sensors
    • Pressure Sensors
    • Level Sensors
    • Flow Sensors
    • Image Sensors
    • Other Sensors (Humidity Sensors, Motion & Position Sensors, and Chemical & Gas Sensors)
  • Aerospace and Defense
    • Smart Baggage Tags
    • Smart Beacons
    • Epassport Gates
    • Drones/Unmanned Aerial Vehicle (UAV)

Geographic Analysis

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

“This study answers several questions for the stakeholders, primarily which market segments to focus on in the next 2–5 years for prioritizing efforts and investments.”

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 various geographies including North America, Europe, APAC, and RoW
  • Market segmentation of various applications into product segments
  • Comprehensive coverage of regulations followed in each region (North America, APAC, and Europe)

Company Information

  • Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 20)
    1.1 Study Objectives
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 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 Key Data From Secondary Sources
           2.1.3 Primary Data
                    2.1.3.1 Primary Interviews With Experts
                    2.1.3.2 Breakdown of Primaries
                    2.1.3.3 Key Data From Primary Sources
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 34)

4 Premium Insights (Page No. - 37)
    4.1 Attractive Opportunities in the IoT Technology Market
    4.2 North America IoT Technology Market, By Country and Type
    4.3 IoT Technology Market, By Type
    4.4 IoT Technology Market, By Major Countries

5 Market Overview (Page No. - 40)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Penetration of the Internet Connectivity
                    5.2.1.2 Increasing Adoption of Cloud Platforms
                    5.2.1.3 Growth in the Use of Wireless Smart Sensors Because of Plunging Cost and Rising Number of Connected Devices
                    5.2.1.4 Increased IP Address Space With the Introduction of IPV6 and Adoption of High Speed Networking Technologies
           5.2.2 Restraints
                    5.2.2.1 Concerns Regarding the Data Security and Data Privacy
           5.2.3 Opportunities
                    5.2.3.1 Cross-Domain Collaborations
                    5.2.3.2 Government’s Funding in Research and Development Related to Iot
           5.2.4 Challenges
                    5.2.4.1 Highly Fragmented Market Because of the Lack of Common Protocols and Communication Standards
                    5.2.4.2 High Power Consumption By the Connected Devices
                    5.2.4.3 Lack of Iot-Related Skills

6 Industry Trends (Page No. - 49)
    6.1 Introduction
    6.2 Value Chain Analysis
           6.2.1 Value Chain of IoT Technology
    6.3 Dynamics Between IoT Technology and Other Emerging Technologies
           6.3.1 Artificial Intelligence (AI)
           6.3.2 Machine Learning
           6.3.3 Digital Twin
           6.3.4 Fog Computing
    6.4 Key Industry Trends in the IoT Technology Market

7 IoT Technology Market, By Node Component (Page No. - 53)
    7.1 Introduction
    7.2 Processor
           7.2.1 Microcontroller (MCU)
           7.2.2 Microprocessor (MPU)
           7.2.3 Digital Signal Processor (DSP)
           7.2.4 Application Processor (AP)
    7.3 Sensor
           7.3.1 Accelerometer
           7.3.2 Inertial Measurement Unit (IMU)
           7.3.3 Heart Rate Sensor
           7.3.4 Pressure Sensor
           7.3.5 Temperature Sensor
           7.3.6 Blood Glucose Sensor
           7.3.7 Blood Oxygen Sensor
           7.3.8 Electrocardiogram (ECG) Sensor
           7.3.9 Humidity Sensor
           7.3.10 Image Sensor
           7.3.11 Ambient Light Sensor
           7.3.12 Flow Sensor
           7.3.13 Level Sensor
           7.3.14 Chemical Sensor
           7.3.15 Carbon Monoxide Sensor
           7.3.16 Motion and Position Sensor
           7.3.17 Camera Module
    7.4 Connectivity IC
           7.4.1 Wired
                    7.4.1.1 Ethernet/IP
                    7.4.1.2 Modbus
                    7.4.1.3 Profinet
                    7.4.1.4 Foundation Fieldbus (FF)
           7.4.2 Wireless
                    7.4.2.1 Ant+
                    7.4.2.2 Bluetooth
                    7.4.2.3 Bluetooth Smart/Bluetooth Low Energy (BLE)
                    7.4.2.4 Zigbee
                    7.4.2.5 Wireless Fidelity (Wi-Fi)
                    7.4.2.6 Near-Field Communication (NFC)
                    7.4.2.7 Cellular Network
                    7.4.2.8 Wireless Highway Addressable Remote Transducer (WHART)
                    7.4.2.9 Global Positioning System (GPS)/Global Navigation Satellite System (GNSS) Module
                    7.4.2.10 ISA100
                    7.4.2.11 Bluetooth/Wlan
    7.5 Memory Device
           7.5.1 Flash
           7.5.2 Dram
    7.6 Logic Device
           7.6.1 Field-Programmable Gate Array (FPGA)

8 IoT Technology Market, By Network Infrastructure (Page No. - 76)
    8.1 Introduction
    8.2 Server
           8.2.1 Tower Server
           8.2.2 Rack Server
           8.2.3 Blade Server
           8.2.4 Density-Optimized Server
    8.3 Storage
    8.4 Ethernet Switch and Routing
    8.5 Gateway

9 IoT Technology Market, By Software Solution (Page No. - 82)
    9.1 Introduction
    9.2 Real-Time Streaming Analytics
    9.3 Security Solution
    9.4 Data Management
    9.5 Remote Monitoring
    9.6 Network Bandwidth Management

10 IoT Technology Market, By Platform (Page No. - 88)
     10.1 Introduction
     10.2 Device Management
     10.3 Application Management
     10.4 Network Management

11 IoT Technology Market, By Service (Page No. - 93)
     11.1 Introduction
     11.2 Professional Services
             11.2.1 Deployment and Integration Service
             11.2.2 Support and Maintenance
             11.2.3 Consulting Service
     11.3 Managed Services

12 IoT Technology Market, By End-Use Application (Page No. - 98)
     12.1 Introduction
     12.2 Wearable Devices
             12.2.1 Activity Monitors
             12.2.2 Smartwatches
             12.2.3 Smart Glasses
             12.2.4 Body-Worn Cameras
             12.2.5 Panic/Sos Buttons
             12.2.6 Smart Locator
             12.2.7 Smart Water Purifier
             12.2.8 Identity Authenticator
             12.2.9 Thermal Bracelet
             12.2.10 Safe Driving Ingestible Pills
     12.3 Healthcare
             12.3.1 Fitness and Heart Rate Monitor
             12.3.2 Blood Pressure Monitor
             12.3.3 Blood Glucose Meter
             12.3.4 Continuous Glucose Monitor
             12.3.5 Pulse Oximeter
             12.3.6 Automated External Defibrillator
             12.3.7 Programmable Syringe Pump
             12.3.8 Wearable Injector
             12.3.9 Multi-Parameter Monitor
             12.3.10 Fall Detector
             12.3.11 Smart Pill Dispenser
     12.4 Automotive & Transportation
             12.4.1 Connected Cars
                        12.4.1.1 Level 1–Driver Assistance
                                     12.4.1.1.1 Adaptive Cruise Control (ACC)
                                     12.4.1.1.2 Lane Departure Warning System (LDWS)
                                     12.4.1.1.3 Parking Assist (PA) System
                        12.4.1.2 Level 2–Partial Automation
                                     12.4.1.2.1 Lane Keep Assist (LKA) and ACC (Improved)
                                     12.4.1.2.2 Parking Assist (PA) (Improved)
                        12.4.1.3 Level 3–Conditional Automation
                                     12.4.1.3.1 Traffic Jam Chauffeur
                                     12.4.1.3.2 Highway Driving
                        12.4.1.4 Level 4–High Automation
                                     12.4.1.4.1 Sensor Fusion
                                     12.4.1.4.2 Automatic Pilot Highway
                        12.4.1.5 Ultrasonic Sensors
                        12.4.1.6 Cameras/Image Sensors
                        12.4.1.7 Radar
                        12.4.1.8 Lidar
                        12.4.1.9 Infrared (IR) Detector
             12.4.2 In-Car Infotainment
             12.4.3 Traffic Management
                        12.4.3.1 Vehicle Detection Sensor
                        12.4.3.2 Pedestrian Presence Sensor
                        12.4.3.3 Speed Sensor
                        12.4.3.4 Thermal Camera
                        12.4.3.5 Automated Incident Detection (AID)Camera
             12.4.4 Public Transport/Mass Transit
     12.5 Building Automation
             12.5.1 Occupancy Sensors
             12.5.2 Daylight Sensors
             12.5.3 Smart Thermostats
             12.5.4 IP Cameras
             12.5.5 Smart Meters
             12.5.6 Smart Locks
             12.5.7 Smoke Detectors
     12.6 Industrial
             12.6.1 Temperature Sensors
             12.6.2 Pressure Sensors
             12.6.3 Level Sensors
             12.6.4 Flow Sensors
             12.6.5 Chemical Sensors
             12.6.6 Humidity Sensor
             12.6.7 Motion and Position Sensors
             12.6.8 Image Sensors
     12.7 Consumer Electronics
             12.7.1 Smart Lighting
             12.7.2 Smart TV
             12.7.3 Smart Washing Machine
             12.7.4 Smart Dryer
             12.7.5 Smart Refrigerator
             12.7.6 Smart Oven
             12.7.7 Smart Cooktop
             12.7.8 Smart Cooker
             12.7.9 Smart Deep Freezer
             12.7.10 Smart Dishwasher
             12.7.11 Smart Coffee Maker
             12.7.12 Smart Kettle
     12.8 Retail
             12.8.1 Intelligent Vending Machines
             12.8.2 Contactless Checkout/Pos
             12.8.3 Smart Mirror
             12.8.4 Smart Shopping Cart
             12.8.5 Digital Signage
             12.8.6 Wireless Beacon
     12.9 Banking, Financial Services, and Insurance (BFSI)
             12.9.1 Mobile Point of Sale (MPOS)
             12.9.2 Smart Kiosk/Interactive Kiosk
     12.10 Oil & Gas
             12.10.1 Temperature Sensors
             12.10.2 Pressure Sensors
             12.10.3 Level Sensors
             12.10.4 Flow Sensors
             12.10.5 Image Sensors
             12.10.6 Other Sensors (Humidity Sensors, Motion & Position Sensors, and Chemical & Gas Sensors)
     12.11 Agriculture
             12.11.1 Climate Sensors
             12.11.2 Soil Moisture Sensors
             12.11.3 Level Sensors
     12.12 Aerospace and Defense
             12.12.1 Smart Beacons
             12.12.2 Epassport Gates
             12.12.3 Drones/Unmanned Aerial Vehicle (UAV)

13 Geographic Analysis (Page No. - 141)
     13.1 Introduction
     13.2 North America
             13.2.1 US
             13.2.2 Canada
             13.2.3 Mexico
     13.3 Europe
             13.3.1 UK
             13.3.2 Germany
             13.3.3 France
             13.3.4 Rest of Europe
     13.4 Asia Pacific
             13.4.1 China
             13.4.2 Japan
             13.4.3 South Korea
             13.4.4 India
             13.4.5 Rest of APAC
     13.5 Rest of the World
             13.5.1 Middle East and Africa (MEA)
             13.5.2 South America

14 Competitive Landscape (Page No. - 163)
     14.1 Introduction
     14.2 Market Ranking Analysis: IoT Technology Market (2016)
     14.3 Competitive Scenario
             14.3.1 Partnerships, Collaborations, Alliances, and Joint Ventures
             14.3.2 Product Launches and Developments
             14.3.3 Acquisitions

15 Company Profiles (Page No. - 170)
(Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, Key Relationships)*
     15.1 Intel
     15.2 Qualcomm
     15.3 Texas Instruments
     15.4 International Business Machines (IBM)
     15.5 Stmicroelectronics
     15.6 General Electric (GE)
     15.7 Hewlett Packard Enterprise (HPE)
     15.8 Cisco Systems
     15.9 Microsoft
     15.10 Amazon Web Services (AWS)
     15.11 Symantec
     15.12 PTC
     15.13 Alphabet
     15.14 Start-Up Ecosystem
             15.14.1 Ayla Networks
             15.14.2 Losant Iot
             15.14.3 Notion
             15.14.4 Pepper
             15.14.5 Helium Systems

*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, Key Relationships Might Not Be Captured in Case of Unlisted Companies.

16 Appendix (Page No. - 219)
     16.1 Insights From Industry Experts
     16.2 Discussion Guide
     16.1 Knowledge Store: Marketsandmarkets’ Subscription Portal
     16.2 Introducing RT: Real-Time Market Intelligence
     16.3 Available Customizations
     16.4 Related Reports
     16.5 Author Details


List of Tables (66 Tables)

Table 1 List of Major Secondary Sources
Table 2 Government Funding Plans for Internet of Things
Table 3 IoT Technology Market, By Node Component, 2014–2022 (Million Units)
Table 4 IoT Technology Market, By Node Component, 2014–2022 (USD Billion)
Table 5 IoT Technology Processor Market, By Type, 2014–2022 (Million Units)
Table 6 IoT Technology Processor Market, By End-Use Application, 2014–2022 (Million Units)
Table 7 IoT Technology Sensor Market, By Type, 2014–2022 (Million Units)
Table 8 IoT Technology Sensor Market, By End-Use Application, 2014–2022 (Million Units)
Table 9 IoT Technology Connectivity IC Market, By Connectivity Technology, 2014–2022 (Million Units)
Table 10 IoT Technology Connectivity IC Market, By Connectivity Technology, 2014–2022 (Million Units)
Table 11 IoT Technology Connectivity IC Market, By Wireless Connectivity Technology, 2014–2022 (Million Units)
Table 12 IoT Technology Connectivity IC Market, By End-Use Application, 2014–2022 (Million Units)
Table 13 IoT Technology Memory Device Market, By Memory, 2014–2022 (Million Units)
Table 14 IoT Technology Memory Device Market, By End-Use Application, 2014–2022 (Million Units)
Table 15 IoT Technology Logic Device Market, By Type, 2014–2022 (Million Units)
Table 16 IoT Technology Logic Device Market, By End-Use Application, 2014–2022 (Million Units)
Table 17 IoT Technology Market for Network Infrastructure, By Type, 2014–2022 (USD Billion)
Table 18 IoT Technology Market, By Hardware, 2014–2022 (USD Billion)
Table 19 IoT Technology Market for Network Infrastructure, By Geography, 2014–2022 (USD Billion)
Table 20 IoT Technology Market, By Software Solution, 2014–2022 (USD Billion)
Table 21 IoT Technology Software Solution Market, By Geography, 2014–2022 (USD Billion)
Table 22 IoT Technology Market, By Platform, 2014–2022 (USD Billion)
Table 23 IoT Technology Platform Market, By Geography, 2014–2022 (USD Billion)
Table 24 IoT Technology Market, By Service, 2014–2022 (USD Billion)
Table 25 IoT Technology Service Market, By Geography, 2014–2022 (USD Billion)
Table 26 IoT Technology Market, By End-Use Application, 2014–2022 (USD Billion)
Table 27 IoT Technology Market for Node Component, By End-Use Application, 2014–2022 (USD Billion)
Table 28 IoT Technology Market for Network Infrastructure, By End-Use Application, 2014–2022 (USD Billion)
Table 29 IoT Technology Market for Software Solution, By End-Use Application, 2014–2022 (USD Billion)
Table 30 IoT Technology Market for Platform, By End-Use Application, 2014–2022 (USD Billion)
Table 31 IoT Technology Market for Service, By End-Use Application, 2014–2022 (USD Billion)
Table 32 IoT Technology Market for Node Component, By End-Use Application, 2014–2022 (Million Units)
Table 33 IoT Technology Market for Node Component, By Wearable Device Type, 2014–2022 (Million Units)
Table 34 IoT Technology Market for Node Component, By Healthcare Device Type, 2014–2022 (Million Units)
Table 35 IoT Technology Market for Node Component, By Automotive & Transportation, 2014–2022 (Million Units)
Table 36 IoT Technology Market for Node Component, By Building Automation Device Type, 2014–2022 (Million Units)
Table 37 IoT Technology Market for Node Component, By Industrial, 2014–2022 (Million Units)
Table 38 IoT Technology Market for Node Component, By Consumer Electronics, 2014–2022 (Million Units)
Table 39 IoT Technology Market for Node Component, By Retail, 2014–2022 (Million Units)
Table 40 IoT Technology Market for Node Component, By BFSI, 2014–2022 (Million Units)
Table 41 IoT Technology Market for Node Component, By Oil & Gas, 2014–2022 (Million Units)
Table 42 IoT Technology Market for Node Component, By Agriculture, 2014–2022 (Million Units)
Table 43 IoT Technology Market for Node Component, By Aerospace & Defense, 2014–2022 (Thousand Units)
Table 44 IoT Technology Market, By Geography, 2014–2022 (USD Billion)
Table 45 IoT Technology Market in North America, By Country, 2014–2022 (USD Billion)
Table 46 IoT Technology Market in the Us, By Type, 2014–2022 (USD Billion)
Table 47 IoT Technology Market in Canada, By Type, 2014–2022 (USD Billion)
Table 48 IoT Technology Market in Mexico, By Type, 2014–2022 (USD Billion)
Table 49 IoT Technology Market in Europe, By Country, 2014–2022 (USD Billion)
Table 50 IoT Technology Market in the UK, By Type, 2014–2022 (USD Billion)
Table 51 IoT Technology Market in Germany, By Type, 2014–2022 (USD Billion)
Table 52 IoT Technology Market in France, By Type, 2014–2022 (USD Billion)
Table 53 IoT Technology Market in the Rest of Europe, By Type, 2014–2022 (USD Billion)
Table 54 IoT Technology Market in APAC, By Country, 2014–2022 (USD Billion)
Table 55 IoT Technology Market in China, By Type, 2014–2022 (USD Billion)
Table 56 IoT Technology Market in Japan, By Type, 2014–2022 (USD Billion)
Table 57 South Korea IoT Technology Market, By Type, 2014–2022 (USD Billion)
Table 58 IoT Technology Market in India, By Type, 2014–2022 (USD Billion)
Table 59 IoT Technology Market in the Rest of APAC, By Type, 2014–2022 (USD Billion)
Table 60 Rest of the World IoT Technology Market, By Region, 2014–2022 (USD Billion)
Table 61 MEA IoT Technology Market, By Type, 2014–2022 (USD Billion)
Table 62 IoT Technology Market in South America, By Type, 2014–2022 (USD Billion)
Table 63 Ranking of Key Players in IoT Technology Market, 2016
Table 64 Partnerships, Collaborations, Alliances, and Joint Ventures (2014–2017)
Table 65 Product Launches and Developments (2014–2017)
Table 66 Acquisitions (2015–2016)


List of Figures (59 Figures)

Figure 1 IoT Technology Market: Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Assumptions for the Research Study
Figure 5 Software Solution is Expected to Hold A Major Share of the IoT Technology Market During the Forecast Period
Figure 6 Industrial End-Use Application is Expected to Hold the Largest Share of the IoT Technology Market in 2022
Figure 7 IoT Technology Market, By Geography, 2016
Figure 8 Growing Use of IoT in Industrial Applications and Increasing Government Funding for R&D in IoT Propel the Growth of the IoT Technology Market
Figure 9 US and Software Solution Dominated the North America Market for IoT Technology in 2016
Figure 10 Software Solution Held the Largest Share of the IoT Technology Market in 2016
Figure 11 The US Held the Largest Share of the Global IoT Technology Market in 2016
Figure 12 Growing Adoption of the Cloud Platform and Standardization of IPV6 Act as Major Driving Factors for the IoT Technology Market
Figure 13 Internet Users Till March 31, 2017, By Region
Figure 14 Internet Penetration Rate Till March 31, 2017, By Region
Figure 15 Cross-Domain Collaborations By Using IoT
Figure 16 UK Investment, By Device Type, August 2016
Figure 17 Value Chain: IoT Technology
Figure 18 Connectivity IC is Expected to Hold the Largest Share of the IoT Technology Node Component Market, in Terms of Shipment, in 2017
Figure 19 MPU is Expected to Hold the Largest Share of IoT Technology Node Component Market in 2017
Figure 20 The Number of Shipments of Processors for Consumer Electronics is Expected to Hold the Largest Share of the IoT Technology Market in 2017
Figure 21 Temperature Sensor is Expected to Hold the Largest Share of the IoT Technology Sensor Market in 2022
Figure 22 The Shipment of Sensor in the IoT Technology Node Component Market for Building Automation Application is Expected to Dominate During the Forecast Period
Figure 23 Wireless Connectivity Technology is Expected to Hold the Largest Share of the IoT Technology Node Component Market for Connectivity IC, in Terms of Volume, in 2017
Figure 24 Shipment of Bluetooth for Connectivity IC is Expected to Hold the Largest Share of the IoT Technology Node Component Market in 2017
Figure 25 Gateway is Expected to Grow at the Highest CAGR in the IoT Technology Market for Network Infrastructure Between 2017 and 2022
Figure 26 North America Expected to Dominate IoT Technology Market for Network Infrastructure in 2017
Figure 27 IoT Technology Market for Security Solution is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 28 APAC is Expected to Lead the IoT Technology Market for Software Solution By 2022
Figure 29 IoT Technology Market for Device Management is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 30 North America is Expected to Hold the Largest Share of the IoT Technology Platform Market in 2017
Figure 31 IoT Technology Market for Managed Services is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 32 North America is Expected to Hold the Largest Share of the IoT Technology Service Market in 2017
Figure 33 Industrial End-Use Application is Expected to Hold the Largest Share of the IoT Technology Market in 2022
Figure 34 Software Solution Held the Largest Share of the IoT Technology Market in 2017
Figure 35 Wearable Technology–Key Applications
Figure 36 Smartwatch is Expected to Hold the Largest Share of Wearable Devices Shipment for IoT Technology Market During the Forecast Period
Figure 37 In-Car Infotainment Held the Largest Share of the IoT Technology Market for Automotive and Transportation End-Use Application, in Terms of Volume, in 2017
Figure 38 IP Cameras Shipment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 39 Maximum Number of Temperature Sensors to Be Shipped in IoT Technology Market for Industrial End-Use Application, Both in 2017 and 2022
Figure 40 Smart TV is Expected to Hold the Largest Share of Technology Market for Consumer Electronics End-Use Application, in Terms of Volume, During the Forecast Period
Figure 41 MPOS Held the Maximum Share of the IoT Technology Market for Retail End-Use Application in 2017, in Terms of Volume
Figure 42 Temperature Sensors are Expected to Hold the Largest Share of the IoT Technology Market for Oil & Gas End-Use Application During the Forecast Period
Figure 43 Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 44 North America: Market Snapshot
Figure 45 APAC: Market Snapshot
Figure 46 Hardware Vendors in IoT Technology Market Adopted Product Launches as Key Growth Strategy Between 2014 and 2017
Figure 47 Platform/Solution/Service Vendors in IoT Technology Market Adopted Acquisitions and Partnerships as Key Growth Strategies Between 2014 and 2017
Figure 48 Intel: Company Snapshot
Figure 49 Qualcomm: Company Snapshot
Figure 50 Texas Instruments: Company Snapshot
Figure 51 IBM: Company Snapshot
Figure 52 Stmicroelectronics: Company Snapshot
Figure 53 General Electric: Company Snapshot
Figure 54 Hewlett Packard Enterprise: Company Snapshot
Figure 55 Cisco Systems: Company Snapshot
Figure 56 Microsoft: Company Snapshot
Figure 57 Symantec: Company Snapshot
Figure 58 PTC: Company Snapshot
Figure 59 Alphabet: Company Snapshot

The IoT technology market is expected to grow from USD 176.00 Billion in 2016 to USD 639.74 Billion by 2022, at a CAGR of 25.1% during the forecast period. Major drivers for the growth of the IoT technology market are the increasing adoption of cloud platforms, the declining cost of smart sensors, and increasing investments by major giants of this industry in the IoT market.

The IoT technology market has been segmented into node component, network infrastructure, software solution, platform, and service. The software solution segment held a major share of the market in 2016. The significant growth in the number of connected devices and the requirement for data storage and analysis are the key factors leading to the dominance of this segment.

Of all the major end-use applications, the industrial end-use application held the largest share of the IoT technology market in 2016. The growth of the industrial application was primarily driven by the need to implement predictive maintenance techniques in industrial equipment to monitor their working and to avoid unscheduled downtimes in the production cycle. Furthermore, the government initiatives such as Industrie 4.0 in Germany and Plan Industriel in France are also promoting the implementation of the IoT solutions for the industrial end-use application.

The IoT technology market for the BFSI end-use application is expected to grow at the highest CAGR from 2017 to 2022, followed by building automation. The mass adoption of online banking, contactless payment, and mobile banking apps has increased significantly. Banks are trying to create intelligent and personalized customer cross-selling opportunities, which would drive the market of IoT technology.

Internet of Things Technology Market

Of all the regions, North America held the largest market share of the overall IoT technology market in 2016. An established IT ecosystem and the early adoption of various IoT-enabled products across multiple end-user applications are the most prominent factors behind the growth of the market in this region. The IoT technology market in APAC is expected to grow at the highest CAGR from 2017 to 2022 owing to the huge investments by the companies for the development of IoT and the growing penetration of the Internet across commercial as well as residential spaces, high consumer base, and improving IT infrastructure.

One of the key restraining factors of the overall IoT technology market is the lack of privacy and security of data. As the number of connected devices is increasing with the growth in the adoption rate of IoT in end-use applications, a huge amount of data are being generated. Cyber criminals can hack into systems and use these data to automatically determine one’s car insurance, evaluate health status, track the behavior of a company’s strategy, and so on. Although encryption security keys can be used to secure the data, the key management would still be a major concern. The data security concern will continue to prevail and is expected to affect the demand for software and hardware for IoT applications, leading to the need for the development of more secure and highly encrypted chipsets in the near future.

The companies profiled in this report are Intel (US), QUALCOMM (US), Texas Instruments (US), International Business Machines (US), STMicroelectronics (Switzerland), General Electric (US), Hewlett Packard Enterprise (US), Cisco Systems (US), Microsoft (US), Amazon Web Services (US), Symantec (US), PTC (US), and Alphabet (US). The report also covers some of the new players in the Internet of Things (IoT) Technology market such as Ayla Networks (US), Losant IoT (US), Notion (US), Pepper (US), and Helium Systems (US).

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