Home › News Updates › IoT Journal Cites MnM as a Major Source for Market Trends in their Recent Article on Internet of Things Market

MarketsandMarkets was recently cited by the IoT Journal in their article for the current market scenario in the global Internet of Things market.

Internet of Things (IoT) is making its presence felt in almost every possible way, thanks to the tremendous advancements in technology over the past few years. The escalating demand for connected devices and smartphones have significantly boosted the growth of the IoT market, globally. The market for IoT has been predicted to be valued at USD 661.74 Billion by 2021, growing at a CAGR of 33.3% during the forecast period from 2016 to 2021, owing to the increased adoption of cloud platforms, technological developments of smart sensors, and need for high-speed networking technologies.

For More Details:

http://www.iotjournal.com/articles/view?14474/

Report mentioned in the above news is,

Internet of Things (IoT) Market by Software Solution (Real-Time Streaming Analytics, Security, Data Management, Remote Monitoring, & Network Bandwidth Management), Platform, Service, Application Domain, and Region - Global Forecast to 2021

Press Release:

http://www.marketsandmarkets.com/PressReleases/iot-m2m.asp

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