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Global Internet of Things (IoT) Market Size and Forecasts
August 28, 2017 | Business WireEstimated reading time: 1 minute
The "Global Internet of Things (IoT) Market Size and Forecasts, By IoT Devices, Countries, and Verticals, 2016-2020" report has been added to Research and Markets' offering.
As market players compete to realize the huge economic potential offered by the Internet of Things, we have seen a flurry of M&A activity in this domain. Google's $3 billion plus acquisition of Nest, and Qualcomm's $2.5 billion acquisition of CSR are the biggest transactions in this domain yet.
Industries are majorly spending on monitoring their supply chain, premises, products and customers. There is a huge wave of variance across the vertical industries when it comes to IoT adoption. Industries like manufacturing, transportation, media & entertainment etc. are having some of the highest IoT Spend as a percentage of their annual revenue. While Service Providers are best positioned to build out horizontal platforms for IoT that is not enough for an end-to-end offering in a specific vertical. IoT will require specialized vertical services based on the market being addressed.
This data intensive sheet provides internet of things (IoT) endpoint devices shipments, spending, and installation across the globe, regions, countries, and verticals. It also provides current market size and forecast till 2020 for IoT Device Types by verticals.
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