IoT Market Growth Forecast to $153.2 Billion by 2029
The IoT market is expected to reach USD 153.2 billion by 2029 from USD 64.8 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period.
The requirement for real-time data analytics and automation in different industries drives the IoT Market. They have retained customers by offering improved efficiency, cost savings, and better user experiences. Utilizing IoT...
IoT Market Expected to Reach $153.2 Billion by 2029
The IoT Market is expected to reach USD 153.2 billion by 2029 from USD 64.8 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period.
The increasing adoption of technology is improving various sectors through up-to-date information and useful perspectives from IoT. The integration of cloud computing with IoT improves vast amounts of data analysis. Consequently,...
IoT Market Size, Share, Growth, Trends and Forecast – 2026
The report “IoT Market with COVID-19 analysis by Component (Hardware, Software Solutions and Services), Organization Size, Focus Area (Smart Manufacturing, Smart Energy and Utilities, and Smart Retail) and Region – Global Forecast to 2026″, size is expected to grow from USD 300.3 billion in 2021 to USD 650.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.7% from...
What Makes Internet of Things Market A Trillion Dollar Industry?
Started with the machine-to-machine (M2M) communication, the internet of things has come a long way. The concepts of man to machine, machine to machine and machine to mobile are collective called as internet of things (IoT) – a term coined by Kevin Ashton in 1999. The Auto-ID labs at MIT made this concept truly popular. Today, smartphones have become the strongest connecting tool and vital instrument...
M2M and IoT to Influence Embedded Computing Growth
Based on our extensive research and market study of semiconductors, electronics and technology sectors over the past one year, we have come up with the following top trends in Machine to Machine & Internet of Things Industry for 2013.
Machine to machine (M2M) refers to technologies allowing both – wireless and wired systems to communicate with other devices of the same ability. Machine to...
Ubiquitous connectivity drives Internet of Things
MarketsandMarkets recently conducted a study on the “Internet of Things (IoT) & Machine-To-Machine (M2M) Communication Market”, which analyzes and studies the major market drivers, restraints, and opportunities in North America, Latin America, Europe, Asia-Pacific, and Middle-East & Africa (MEA).
Browse 103 market data tables, 31 figures spread through 271 pages and an in-depth TOC on...