Global IoT Infrastructure Market: Adoption of Digital Transformation Services and Cloud Platform to Fuel the Market Growth Between 2017-2026

Global IoT Infrastructure Market is accounted for $19.65 billion in 2017 and expected to grow at a CAGR of 30.9% to reach $223.05 billion by 2026

Global IoT Infrastructure Market is accounted for $19.65 billion in 2017 and expected to grow at a CAGR of 30.9% to reach $223.05 billion by 2026. Adoption of digital transformation services, increasing implementation of cloud platforms, the introduction of IPV6, government’s funding in research and development related to Iot, investments for the development of smart cities infrastructure, rising depletion of energy sources worldwide are driving the market growth. Further, growth in IoT components, edge devices and analytics driven by discrete manufacturing are few trends observed by the market.
Based on Application, The expansion of Big Data and development of the Internet of Things (IoT) are increasing the feasibility of smart city initiatives. Smart mobility includes in-car Internet, smart transport system ETC applications, smart parking lots, traffic flow, traffic detection, logistics vehicles and cargo management, smart retail, cross-border custom clearance, agricultural product traceability, and smart packaging.

North America is expected to project highest revenue over the forecast period due to the advanced infrastructure followed by rising number of smart city and building projects. Growing demand for automation in office buildings in the U.S. is also impacting the region share. However, Asia Pacific IoT infrastructure will grow significantly because of demand for smart cities in countries such as China, India & Singapore. Rising investments for the development of smart cities infrastructure coupled with the increasing penetration of connected devices further contributes to the industry growth.

Some of the key players in Global IoT Infrastructure market are AGT International, Amdocs, Bayshore Networks, Bosch Software innovations: Bosch IoT Suite, Contiki, GE Software, Infineon Technologies AG, Intel Security Group (McAfee), Jasper, LeddarTech Inc., Lynx Software Technologies, Inc., MongoDB Inc., NEC Corporation, Oregan Networks Ltd., Qualcomm Atheros Inc., Sensata Technologies, Seraphim Sense Ltd., Silicon Laboratories, Inc. and Unisys Corporation.

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Technologies Covered:
• Radio-frequency identification (RFID)
• Sensor
• Connectivity technology
• Other Technologies

Components Covered:
• Software
• Hardware

Platforms Covered:
• Application management
• Device management
• Network management

Services Covered:
• Managed services
• Professional services

Applications Covered:
• Smart buildings
• Smart homes
• Smart cities

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

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What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Contact Info:
Name: Ameya Pingale
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Release ID: 395582