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Global Internet of Things Market 2016-2020

About the Internet of Things (IoT) Market

IoT is a network of physical devices, sensors, and machines integrated into everyday objects connected through the Internet for effective data communications. IoT creates smart communication environments, such as smart healthcare. IoT enhances operational efficiency by increasing the speed of communications compared to the existing infrastructure, thus improving business productivity in any industrial setup. It focuses on improving the process capabilities by enabling real-time business decisions with data storage and computing capacity at the basic sensor level. We expect that IoT will likely have a positive impact on industries such as healthcare, manufacturing, retail, energy and utilities, transportation and logistics, and ICT.

Technavio’s analysts forecast the global internet of things (IoT) market to grow at a CAGR of 35.97% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global internet of things (IoT) market for 2016-2020. To calculate the market size, we consider revenue generated from IoT software, solutions, tools, applications, and support and maintenance services. We consider revenue generated from radio frequency identification (RFID), near field-communication (NFC), and other platforms used in IoT systems for estimating the market size. However, the report does not consider the sales of hardware systems and devices used in the IoT setup.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Internet of Things (IoT) Market 2016-2020, 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
  • Alcatel-Lucent
  • AT&T
  • Cisco Systems
  • Qualcomm
Other prominent vendors
  • Accenture
  • Amazon Web Services (AWS)
  • Apple
  • ARM Holdings
  • ATMEL
  • Atos
  • Bosch Software Innovations
  • Broadcom
  • CTS
  • Dell
  • Digi International
  • Echelon
  • Ericsson
  • Freescale Semiconductor
  • GE
  • Google
  • Hitachi
  • HP
  • Huawei Technologies
  • IBM
  • Infosys
  • Intel
  • Juniper Networks
  • Microsoft
  • National Instruments
  • NEC
  • Oracle
  • PTC
  • Rockwell Automation
  • Samsung Electronics
  • SAP
  • Schneider Electric
  • Siemens
  • Symantec
  • TCS
  • Tech Mahindra
  • Telefonica
  • Texas Instruments
  • Tieto
  • Verizon Communications
  • Zebra Technologies
Market driver
  • Developments in sensor technologies and communication devices
  • For a full, detailed list, view our report
Market challenge
  • High costs of implementation
  • For a full, detailed list, view our report
Market trend
  • Growing demand for big data analytics
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Internet of Things (IoT) Market 2016-2020

Technavio recognizes the following companies as the key players in the global internet of things (IoT) market: Alcatel-Lucent, AT&T, Cisco Systems, and Qualcomm.

Other Prominent Vendors in the market are: Accenture, Amazon Web Services (AWS), Apple, ARM Holdings, ATMEL, Atos, Bosch Software Innovations, Broadcom, CTS, Dell, Digi International, Echelon, Ericsson, Freescale Semiconductor, GE, Google, Hitachi, HP, Huawei Technologies, IBM, Infosys, Intel, Juniper Networks, Microsoft, National Instruments, NEC, Oracle, PTC, Rockwell Automation, Samsung Electronics, SAP, Schneider Electric, Siemens, Symantec, TCS, Tech Mahindra, Telefonica, Texas Instruments, Tieto, Verizon Communications, Zebra Technologies.

Commenting on the report, an analyst from Technavio’s team said: “A trend which is propelling market growth is the growing demand for big data analytics. Big data provides the necessary technologies that can process large volumes of data to generate actionable insights for all stakeholders. Big data analytics helps to analyze sensor data and allows data collection of industrial equipment, such as turbines or oil refineries. Also, it helps organizations to optimize their business decisions and innovate new business models, products, and service offerings”

According to the report, a key growth driver is the developments in sensor technologies and communication devices. Advances in technology related to sensors and innovations in material sciences have led to proliferation of different types of sensors. This has increased the availability and affordability of sensors for all industries to consume. These sensors are in high demand due to their advantages, such as low power consumption and prices. As a result of the automation of several processes in industries, IT has become an integral part of industrial automation. As industries embrace IoT, opportunities for IT players continue to expand.

Further, the report states that one challenge that could restrict market growth is the high cost of implementation.



Companies Mentioned

Alcatel-Lucent, AT&T, Cisco Systems, Qualcomm, Accenture, Amazon Web Services (AWS), Apple, ARM Holdings, ATMEL, Atos, Bosch Software Innovations, Broadcom, CTS, Dell, Digi International, Echelon, Ericsson, Freescale Semiconductor, GE, Google, Hitachi, HP, Huawei Technologies, IBM, Infosys, Intel, Juniper Networks, Microsoft, National Instruments, NEC, Oracle, PTC, Rockwell Automation, Samsung Electronics, SAP, Schneider Electric, Siemens, Symantec, TCS, Tech Mahindra, Telefonica, Texas Instruments, Tieto, Verizon Communications, Zebra Technologies.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Countries covered for market analysis
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table IoT system: Major components
  • Market landscape
    • Market overview
      • Table IoT value chain
    • Market size and forecast
      • Table Global IoT market 2014-2019 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by technology
    • Segmentation of global IoT market by technology
      • Table Segmentation of global IoT market by technology 2015
  • Market segmentation by end-user
    • Segmentation of global IoT market by end-user
      • Table Segmentation of global IoT market by end-user 2015
  • Geographical segmentation
    • Segmentation of global IoT market by geography
      • Table Segmentation of global IoT market by geography 2015
      • Table Segmentation of global IoT market by geography 2020
    • APAC
      • Table IoT market in APAC 2015-2020 ($ billions)
    • Americas
      • Table IoT market in Americas 2015-2020 ($ billions)
    • EMEA
      • Table IoT market in EMEA 2015-2020 ($ billions)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Major vendors
    • Other prominent vendors
  • Key vendor analysis
    • Alcatel-Lucent
      • Table Alcatel-Lucent: Business segmentation by revenue 2014
      • Table Alcatel-Lucent: Business segment
      • Table Alcatel-Lucent: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Alcatel-Lucent: Geographical segmentation by revenue 2014
      • Table Alcatel-Lucent: Recent developments
    • AT&T
      • Table AT&T: Business segmentation by revenue 2014
      • Table AT&T: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table AT&T: Recent developments
    • Cisco Systems
      • Table Cisco Systems: Business segmentation
      • Table Cisco Systems: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Cisco Systems: Geographical segmentation by revenue 2014
      • Table Cisco Systems: IoT solutions
      • Table Cisco Systems: Recent development
    • Qualcomm
      • Table Qualcomm: Business segmentation by revenue 2014
      • Table Qualcomm: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Qualcomm: Geographical segmentation by revenue 2014
      • Table Qualcomm: IoT solutions
      • Table Qualcomm: IoT intelligence solutions
      • Table Qualcomm: IoT connectivity solutions
      • Table Qualcomm: Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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