About IoT Devices
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. 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.
Technavio’s analysts forecast the global IoT devices market to grow at a CAGR of 3.72% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global IoT devices market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of IoT devices.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global IoT Devices Market 2017-2021, 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. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Samsung Electronics
• Google
• LG Electronics
• Sony
• Seiko Epson
• Honeywell International
Market driver
• Large-scale benefits of using IoT devices
• For a full, detailed list, view our report
Market challenge
• Growing privacy and security concerns
• For a full, detailed list, view our report
Market trend
• Development of high-power processors for IoT devices
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive Summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by product
PART 07: Geographical segmentation
• APAC
• Americas
• EMEA
PART 08: Market drivers
• Large-scale benefits of using IoT devices
• Growing demand for smart homes and development of smart cities
• Rise in industrial automation
• Large-scale funding of IoT start-ups
• Improved energy efficiency
• Rising membership of ZigBee Alliance
PART 09: Impact of drivers
PART 10: Market challenges
• Growing privacy and security concerns
• Poor awareness hindering adoption
• Lack of infrastructure and connectivity issues
• Poor battery life
PART 11: Impact of drivers and challenges
PART 12: Market trends
• Development of high-power processors for IoT devices
• Development of an open Wi-Fi network
• Growing diversity in IoT standards
PART 13: Vendor landscape
• Competitive scenario
• Vendors
PART 14: Appendix
• List of abbreviations
PART 15: Explore Technavio
List of Exhibits
Exhibit 01: Global IoT devices market segmentation
Exhibit 02: Global IoT devices market 2016-2021 ($ billions)
Exhibit 03: Global IoT device market 2016-2021 (millions of units)
Exhibit 04: Five forces analysis
Exhibit 05: Global IoT devices market by revenue 2016-2021 ($ billions)
Exhibit 06: Revenue trend line for global IoT devices market 2016-2021 ($ billions)
Exhibit 07: Global IoT devices market by computing devices 2016-2021 ($ billions)
Exhibit 08: Global IoT devices market by computing devices 2016-2021 (millions of units)
Exhibit 09: Global IoT devices market by smart media players 2016-2021 ($ billions)
Exhibit 10: Global IoT devices market by smart media players 2016-2021 (millions of units)
Exhibit 11: Global IoT devices market by smart meters 2016-2021 ($ billions)
Exhibit 12: Global IoT devices market by smart meters 2016-2021 (millions of units)
Exhibit 13: Global IoT devices market by smart wearables 2016-2021 ($ billions)
Exhibit 14: Global IoT devices market by smart wearables 2016-2021 (millions of units)
Exhibit 15: Global IoT devices market by shipments 2016-2021 (millions of units)
Exhibit 16: Global IoT devices market by geography 2016-2021 (% share)
Exhibit 17: Global IoT devices market: Revenue trend line 2016-2021 ($ billions)
Exhibit 18: IoT devices market in APAC 2016-2021 ($ billions)
Exhibit 19: IoT devices market in Americas 2016-2021 ($ billions)
Exhibit 20: IoT devices market in EMEA, 2016-2021 ($ billions)
Exhibit 21: Few advantages of using or being connected to IoT network
Exhibit 22: Global smart home market 2016-2021 ($ billions)
Exhibit 23: Smart home penetration regional share 2016-2021 (%)
Exhibit 24: Impact of drivers
Exhibit 25: Impact of drivers and challenges
