Report Feature
The future of the IoT connectivity market looks promising with opportunities in the BFSI, healthcare, aerospace & defense, IT & telecommunication, retail & E-commerce, and manufacturing industries. The global IoT connectivity market is expected to grow with a CAGR of 18% to 20% from 2021 to 2026. The major drivers for this market are secure & high speed connectivity; need to integrate components of the IoT ecosystem, increasing demand of IoT in telecommunication sector.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of IoT connectivity market report download the report brochure.
The study includes trends and forecasts for the global IoT connectivity market by component, organization size, application, end use industry, and region as follows:
By Component [$M shipment analysis for 2015 – 2026]:
- Platform
- Services
By Organization Size [$M shipment analysis for 2015 – 2026]:
- Small & Medium
- Large
By Application [$M shipment analysis for 2015 – 2026]:
- Building & Home Automation
- Smart Energy & Utility
- Smart Manufacturing
- Connected Health
- Smart Retail
- Smart Transportation
By End Use Industry [$M shipment analysis for 2015 – 2026]:
- BFSI
- Healthcare
- Defense & Aerospace
- IT & Telecommunication
- Retail & E-Commerce
- Manufacturing
- Others
By Region [$M shipment analysis for 2015 – 2026]:
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North America
- United States
- Canada
- Mexico
-
Europe
- Germany
- United Kingdom
- France
- Italy
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Asia Pacific
- China
- Japan
- India
- South Korea
- The Rest of the World
Platform segment is expected to witness the highest growth over the forecast period due to the common point to manage the entire network of an organization along with devices, and, at the same time, ensure the security of communications. These platforms analyze data transferred over a network and automatically routes it to avoid congestions that can result in a network crash.
The North America will remain the largest region during the forecast period due to increasing adoption of IoT, AI, & cloud computing, high R&D investment, and digital transformation.
Some of the IoT connectivity companies profiled in this report include AT&T, Cisco, Verizon, Vodafone, Ericsson, Sierra Wireless, Orange, Telefónica, Huawei, Telit, Hologram, Particle, Aeris, Sigfox, EMnify, and Moeco.
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Features of IoT Connectivity Market |
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This report answers following 11 key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global IoT connectivity market by component (platform, services), organization size (small & medium and large), application (building &home automation, smart energy & utility, smart manufacturing, connected health, smart retail, and smart transportation), and end use industry (BFSI, healthcare, defense& aerospace, IT & telecommunication, retail & E-commerce, manufacturing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which regions will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the IoT connectivity market? Q.5 What are the business risks and threats to the IoT connectivity market? Q.6 What are emerging trends in the IoT connectivity market and the reasons behind them? Q.7 What are some changing demands of customers in the IoT connectivity market? Q.8 What are the new developments in the IoT connectivity market? Which companies are leading these developments? Q.9 Who are the major players in the IoT connectivity market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in the IoT connectivity market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the IoT connectivity market? |
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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