Internet of Things Devices Market to grow at a CAGR of 3.72% to 2021 with Large-scale Benefits
Internet of Things Devices Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
(EMAILWIRE.COM, March 13, 2018 ) IoT devices are instruments that can be connected to the internet to offer remote controlled connectivity. These devices sense and analyze their surroundings to offer inputs about the designated area. IoT is a network of physical objects interconnected through various network technologies. The devices in this network can communicate among themselves and with the external environment when required. Kevin Ashton, a British entrepreneur, coined the term IoT in 1999, while dealing with networked radio-frequency identification (RFID) and emerging sensing technologies.
Publisher's analysts forecast the global IoT devices market to grow at a CAGR of 3.72% during the period 2017-2021.
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This technology can connect devices, systems, and services in an advanced manner that goes beyond machine-to-machine (M2M) communications. The interconnection of the devices including smart objects will propel automation in nearly all fields, leading to further technological advances such as smart grids, smart meters, and smart cities.
The rise in industrial automation to be one of the major factors that will have a positive impact on the growth of the Internet of things devices market in the coming years. With the rise in adoption of automation in the manufacturing sector, industries will soon focus on employing smart machines that automatically carry out manufacturing processes, smart robots that coordinate with employees for assembling products, and smart driverless transport vehicles that can automatically carry out logistics processes.
Key vendors
- Samsung Electronics
- Google
- LG Electronics
- Sony
- Seiko Epson
- Honeywell International
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Market driver
- Large-scale benefits of using IoT devices
Market challenge
- Growing privacy and security concerns
Market trend
- Development of high-power processors for IoT devices
Fundamentals of Table of Content:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles
Browse complete report @ http://www.reportsweb.com/global-internet-of-things-devices-market-2017-2021
Publisher's analysts forecast the global IoT devices market to grow at a CAGR of 3.72% during the period 2017-2021.
FREE | Request sample copy @ http://www.reportsweb.com/inquiry&RW0001608796/sample
This technology can connect devices, systems, and services in an advanced manner that goes beyond machine-to-machine (M2M) communications. The interconnection of the devices including smart objects will propel automation in nearly all fields, leading to further technological advances such as smart grids, smart meters, and smart cities.
The rise in industrial automation to be one of the major factors that will have a positive impact on the growth of the Internet of things devices market in the coming years. With the rise in adoption of automation in the manufacturing sector, industries will soon focus on employing smart machines that automatically carry out manufacturing processes, smart robots that coordinate with employees for assembling products, and smart driverless transport vehicles that can automatically carry out logistics processes.
Key vendors
- Samsung Electronics
- LG Electronics
- Sony
- Seiko Epson
- Honeywell International
Have any query? Enquire about report @ http://www.reportsweb.com/inquiry&RW0001608796/buying
Market driver
- Large-scale benefits of using IoT devices
Market challenge
- Growing privacy and security concerns
Market trend
- Development of high-power processors for IoT devices
Fundamentals of Table of Content:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles
Browse complete report @ http://www.reportsweb.com/global-internet-of-things-devices-market-2017-2021
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results