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Market Research Report

Internet of Things (IoT)

Published by Global Industry Analysts, Inc. Product code 337388
Published Content info 264 Pages
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Internet of Things (IoT)
Published: July 1, 2020 Content info: 264 Pages
Description

Global Internet of Things (IoT) Market to Reach $1 Trillion by 2027

Amid the COVID-19 crisis, the global market for Internet of Things (IoT) estimated at US$151.8 Billion in the year 2020, is projected to reach a revised size of US$1 Trillion by 2027, growing at a CAGR of 31.4% over the analysis period 2020-2027. Applications & Analytics, one of the segments analyzed in the report, is projected to record a 37.8% CAGR and reach US$466.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 34.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $45.7 Billion, While China is Forecast to Grow at 29.8% CAGR

The Internet of Things (IoT) market in the U.S. is estimated at US$45.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$169.1 Billion by the year 2027 trailing a CAGR of 29.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 27.9% and 26.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 21.2% CAGR.

Security Segment to Record 42.1% CAGR

In the global Security segment, USA, Canada, Japan, China and Europe will drive the 42% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$8.9 Billion in the year 2020 will reach a projected size of US$104.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$118.8 Billion by the year 2027.We bring years of research experience to this 15th edition of our report. The 264-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

  • Amazon Web Services, Inc.
  • ARM Ltd.
  • AT&T, Inc.
  • Atmel Corporation
  • Ayla Networks
  • Bitdefender
  • Bosch Software Innovations GmbH
  • B-Scada
  • CLX Communications
  • DigiCert
  • ErgoTech Systems
  • Freescale Semiconductor, Inc.
  • Fujitsu Limited
  • Gemalto N.V.
  • General Electric Company
  • Google, Inc.
  • Greenwave Systems
  • Honeywell International, Inc.
  • IBM Corp.
  • Infineon Technologies AG
  • Ingenu Inc.
  • Intel Corporation
  • InvenSense Inc.
  • Karamba Security
  • Microsoft Corp.
  • Qualcomm Technologies, Inc.
  • Salesforce.com, Inc.
  • Samsung Electronics Co., Ltd.
  • SAP SE
  • Silver Spring Networks
  • STMicroelectronics N.V.
  • Symantec Corporation
  • Telefonica S.A.
  • Telit Communications PLC
  • Texas Instruments
  • Trustwave Holdings, Inc.
  • Verizon Communications, Inc.
  • Verizon Enterprise Solutions
  • Vodafone Group Plc
  • Zebra Technologies Corporation
Table of Contents
Product Code: MCP-7900

TABLE OF CONTENTS

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • What is IoT?: A Review of this Intriguing Technology Built for Disruption
  • Recent Market Activity
  • Market Outlook
  • Global Competitor Market Shares
  • Internet of Things (IoT) Competitor Market Share Scenario Worldwide (in %): 2020 & 2029
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

  • IoT Security Solution Providers
  • Bitdefender (Romania)
  • DigiCert (USA)
  • Gemalto N.V. (Netherlands)
  • Karamba Security (USA)
  • Symantec Corporation (USA)
  • Trustwave Holdings, Inc. (USA)
  • Verizon Enterprise Solutions (USA)
  • IoT Cloud Service Providers
  • Amazon Web Services (USA)
  • Google, Inc. (USA)
  • Microsoft Corporation (USA)
  • General Electric Company (USA)
  • Salesforce.com, Inc. (USA)
  • Telit Communications PLC (UK)
  • Zebra Technologies Corporation (USA)
  • IoT Sensor Manufacturers
  • ARM Ltd. (UK)
  • Bosch Software Innovations GmbH (Germany)
  • Honeywell International, Inc. (USA)
  • Infineon Technologies AG (Germany)
  • InvenSense Inc. (USA)
  • IBM Corporation (USA)
  • STMicroelectronics N.V. (Switzerland)
  • IoT Semiconductors/IoT Chips
  • Atmel Corporation (USA)
  • Freescale Semiconductor, Inc. (USA)
  • Intel Corporation (USA)
  • Qualcomm Technologies, Inc. (USA)
  • Texas Instruments (USA)
  • IoT Network Providers
  • AT&T, Inc. (USA)
  • Telefonica S.A. (Spain)
  • Vodafone Group Plc (UK)
  • Verizon Communications, Inc. (USA)
  • Other IoT Solution Providers
  • Ayla Networks (USA)
  • B-Scada (USA)
  • CLX Communications (Sweden)
  • ErgoTech Systems (USA)
  • Fujitsu Limited (Japan)
  • Greenwave Systems (USA)
  • Ingenu Inc. (USA)
  • Silver Spring Networks (USA)
  • Samsung Electronics Co., Ltd (South Korea)
  • SAP SE (Germany)

3. MARKET TRENDS & DRIVERS

  • IoT: A Transformational Force to Reckon with in the Modern Connected World
  • Gradual Categorical Realization of Promised Benefits Drives VC Interest in IoT
  • A Peek into the Massive Potential and True Scale of IoT Opportunity
  • Falling Sensor Costs Drive Proliferation of IoT
  • Developments in Big Data Analytics Play an Instrumental Role in Driving Real World Commercial Benefits and Thereby Success of IoT
  • Prescriptive Analytics Emerges as the Most Potent Big Data Tool to Drive Value of IoT Implementations
  • Omnipresence of Smartphones, Tablets & Declining Price of Connected Devices Rank as One of the Major Factors Driving Adoption of IoT
  • Developments in Internet and Broadband Technologies Provide the Foundation for the IoT Ecosystem
  • Growing Investments in 4G/LTE & 5G to Strengthen the Robustness of Cellular IoT Especially in LPWAN Applications
  • Rise of Wireless Short-Range Networking Technologies to Benefit Penetration of Low Resource IoT Devices
  • Wi-Fi Promises to Emerge as a Ubiquitous Connectivity Solution for both Short and Long Range IoT Applications
  • Many Flavors of Bluetooth Widens the Technology's Role in IoT
  • Especially Designed for Device-to-Device Communication, ZigBee Promises to Unify IoT
  • Z-Wave: The Most interoperable Technology Developed for Smart Home Applications
  • Open-Source Thread Networking Protocol Intensifies Competition for IoT Standards
  • Built-in AES128 Encryption Makes 6LoWPAN a Popular Low-Power IoT Wireless Network Solution
  • Other Noteworthy Technologies that Enable Easy Creation of Smart Environment
  • Blockchain to Revolutionize IoT Security & Accelerate Mainstream Adoption of IoT
  • Security Issues: The Cog in the Wheel Impeding IoT Development & Proliferation
  • Blockchain Holds the Answers to Current IoT Security Issues

4. GLOBAL MARKET PERSPECTIVE

  • TABLE 1: Internet of Things (IoT) Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
  • TABLE 2: Internet of Things (IoT) Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
  • TABLE 3: Internet of Things (IoT) Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
  • TABLE 4: Applications & Analytics (Technology) World Market by Region/Country in US$ Million: 2020 to 2027
  • TABLE 5: Applications & Analytics (Technology) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
  • TABLE 6: Applications & Analytics (Technology) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 7: Services (Technology) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
  • TABLE 8: Services (Technology) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
  • TABLE 9: Services (Technology) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
  • TABLE 10: Security (Technology) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
  • TABLE 11: Security (Technology) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019
  • TABLE 12: Security (Technology) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 13: Other Technologies (Technology) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
  • TABLE 14: Other Technologies (Technology) Market Historic Review by Region/Country in US$ Million: 2012 to 2019
  • TABLE 15: Other Technologies (Technology) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 16: Manufacturing/Industrial (End-Use) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
  • TABLE 17: Manufacturing/Industrial (End-Use) Global Historic Analysis in US$ Million by Region/Country: 2012-2019
  • TABLE 18: Manufacturing/Industrial (End-Use) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 19: Utilities (End-Use) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2020 through 2027
  • TABLE 20: Utilities (End-Use) Analysis of Historic Sales in US$ Million by Region/Country for the Years 2012 to 2019
  • TABLE 21: Utilities (End-Use) Global Market Share Distribution by Region/Country for 2012, 2020, and 2027
  • TABLE 22: Transportation & Logistics (End-Use) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
  • TABLE 23: Transportation & Logistics (End-Use) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
  • TABLE 24: Transportation & Logistics (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 25: Consumer (B2C) (End-Use) Worldwide Sales in US$ Million by Region/Country: 2020-2027
  • TABLE 26: Consumer (B2C) (End-Use) Historic Demand Patterns in US$ Million by Region/Country: 2012-2019
  • TABLE 27: Consumer (B2C) (End-Use) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
  • TABLE 28: Healthcare (End-Use) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027
  • TABLE 29: Healthcare (End-Use) Retrospective Demand Analysis in US$ Million by Region/Country: 2012-2019
  • TABLE 30: Healthcare (End-Use) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 31: Retail (End-Use) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027
  • TABLE 32: Retail (End-Use) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
  • TABLE 33: Retail (End-Use) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 34: Other End-Uses (End-Use) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
  • TABLE 35: Other End-Uses (End-Use) Global Historic Analysis in US$ Million by Region/Country: 2012-2019
  • TABLE 36: Other End-Uses (End-Use) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

  • GEOGRAPHIC MARKET ANALYSIS
  • UNITED STATES
    • Market Facts & Figures
    • US Internet of Things (IoT) Market Share (in %) by Company: 2020 & 2025
    • Market Analytics
    • TABLE 37: Internet of Things (IoT) Market in US$ Million in the United States by Technology: 2020-2027
    • TABLE 38: United States Internet of Things (IoT) Market Retrospective Analysis in US$ Million by Technology: 2012-2019
    • TABLE 39: United States Internet of Things (IoT) Market Share Breakdown by Technology: 2012 VS 2020 VS 2027
    • TABLE 40: United States Internet of Things (IoT) Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
    • TABLE 41: Internet of Things (IoT) Historic Demand Patterns in the United States by End-Use in US$ Million for 2012-2019
    • TABLE 42: Internet of Things (IoT) Market Share Breakdown in the United States by End-Use: 2012 VS 2020 VS 2027
  • CANADA
    • TABLE 43: Internet of Things (IoT) Market Analysis in Canada in US$ Million by Technology: 2020-2027
    • TABLE 44: Internet of Things (IoT) Market in Canada: Historic Review in US$ Million by Technology for the Period 2012-2019
    • TABLE 45: Canadian Internet of Things (IoT) Market Share Breakdown by Technology: 2012 VS 2020 VS 2027
    • TABLE 46: Canadian Internet of Things (IoT) Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
    • TABLE 47: Internet of Things (IoT) Market in Canada: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
    • TABLE 48: Canadian Internet of Things (IoT) Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
  • JAPAN
    • TABLE 49: Japanese Medium & Long-Term Outlook for Internet of Things (IoT) Market in US$ Million by Technology: 2020-2027
    • TABLE 50: Internet of Things (IoT) Market in Japan in US$ Million by Technology: 2012-2019
    • TABLE 51: Japanese Internet of Things (IoT) Market Percentage Share Distribution by Technology: 2012 VS 2020 VS 2027
    • TABLE 52: Japanese Demand Estimates and Forecasts for Internet of Things (IoT) in US$ Million by End-Use: 2020 to 2027
    • TABLE 53: Japanese Internet of Things (IoT) Market in US$ Million by End-Use: 2012-2019
    • TABLE 54: Internet of Things (IoT) Market Share Shift in Japan by End-Use: 2012 VS 2020 VS 2027
  • CHINA
    • TABLE 55: Internet of Things (IoT) Market Estimates and Forecasts in China in US$ Million by Technology: 2020-2027
    • TABLE 56: Chinese Internet of Things (IoT) Retrospective Market Scenario in US$ Million by Technology: 2012-2019
    • TABLE 57: Internet of Things (IoT) Market in China: Percentage Share Analysis by Technology for 2012, 2020, and 2027
    • TABLE 58: Chinese Demand for Internet of Things (IoT) in US$ Million by End-Use: 2020 to 2027
    • TABLE 59: Internet of Things (IoT) Market Review in China in US$ Million by End-Use: 2012-2019
    • TABLE 60: Chinese Internet of Things (IoT) Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
  • EUROPE
    • Market Facts & Figures
    • European Internet of Things (IoT) Market: Competitor Market Share Scenario (in %) for 2020 & 2025
    • Market Analytics
    • TABLE 61: European Internet of Things (IoT) Market Demand Scenario in US$ Million by Region/Country: 2020-2027
    • TABLE 62: Internet of Things (IoT) Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
    • TABLE 63: European Internet of Things (IoT) Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
    • TABLE 64: European Internet of Things (IoT) Market Assessment in US$ Million by Technology: 2020-2027
    • TABLE 65: European Internet of Things (IoT) Historic Market Review in US$ Million by Technology: 2012-2019
    • TABLE 66: Internet of Things (IoT) Market in Europe: Percentage Breakdown of Sales by Technology for 2012, 2020, and 2027
    • TABLE 67: European Internet of Things (IoT) Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
    • TABLE 68: Internet of Things (IoT) Market in Europe: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
    • TABLE 69: European Internet of Things (IoT) Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
  • FRANCE
    • TABLE 70: French Internet of Things (IoT) Market Estimates and Projections in US$ Million by Technology: 2020-2027
    • TABLE 71: French Internet of Things (IoT) Historic Market Analysis in US$ Million by Technology: 2012-2019
    • TABLE 72: French Internet of Things (IoT) Market Share Breakdown by Technology: 2012 VS 2020 VS 2027
    • TABLE 73: Internet of Things (IoT) Quantitative Demand Analysis in France in US$ Million by End-Use: 2020-2027
    • TABLE 74: French Internet of Things (IoT) Historic Market Review in US$ Million by End-Use: 2012-2019
    • TABLE 75: French Internet of Things (IoT) Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
  • GERMANY
    • TABLE 76: German Internet of Things (IoT) Latent Demand Forecasts in US$ Million by Technology: 2020-2027
    • TABLE 77: Internet of Things (IoT) Market in Germany: A Historic Perspective by Technology in US$ Million for the Period 2012-2019
    • TABLE 78: German Internet of Things (IoT) Market Share Breakdown by Technology: 2012 VS 2020 VS 2027
    • TABLE 79: Internet of Things (IoT) Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
    • TABLE 80: German Internet of Things (IoT) Market in Retrospect in US$ Million by End-Use: 2012-2019
    • TABLE 81: Internet of Things (IoT) Market Share Distribution in Germany by End-Use: 2012 VS 2020 VS 2027
  • ITALY
    • TABLE 82: Internet of Things (IoT) Market Estimates and Forecasts in Italy in US$ Million by Technology: 2020-2027
    • TABLE 83: Italian Internet of Things (IoT) Retrospective Market Scenario in US$ Million by Technology: 2012-2019
    • TABLE 84: Internet of Things (IoT) Market in Italy: Percentage Share Analysis by Technology for 2012, 2020, and 2027
    • TABLE 85: Italian Demand for Internet of Things (IoT) in US$ Million by End-Use: 2020 to 2027
    • TABLE 86: Internet of Things (IoT) Market Review in Italy in US$ Million by End-Use: 2012-2019
    • TABLE 87: Italian Internet of Things (IoT) Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
  • UNITED KINGDOM
    • TABLE 88: United Kingdom Medium & Long-Term Outlook for Internet of Things (IoT) Market in US$ Million by Technology: 2020-2027
    • TABLE 89: Internet of Things (IoT) Market in the United Kingdom in US$ Million by Technology: 2012-2019
    • TABLE 90: United Kingdom Internet of Things (IoT) Market Percentage Share Distribution by Technology: 2012 VS 2020 VS 2027
    • TABLE 91: United Kingdom Demand Estimates and Forecasts for Internet of Things (IoT) in US$ Million by End-Use: 2020 to 2027
    • TABLE 92: United Kingdom Internet of Things (IoT) Market in US$ Million by End-Use: 2012-2019
    • TABLE 93: Internet of Things (IoT) Market Share Shift in the United Kingdom by End-Use: 2012 VS 2020 VS 2027
  • REST OF EUROPE
    • TABLE 94: Rest of Europe Internet of Things (IoT) Market Assessment in US$ Million by Technology: 2020-2027
    • TABLE 95: Rest of Europe Internet of Things (IoT) Historic Market Review in US$ Million by Technology: 2012-2019
    • TABLE 96: Internet of Things (IoT) Market in Rest of Europe: Percentage Breakdown of Sales by Technology for 2012, 2020, and 2027
    • TABLE 97: Rest of Europe Internet of Things (IoT) Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
    • TABLE 98: Internet of Things (IoT) Market in Rest of Europe: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
    • TABLE 99: Rest of Europe Internet of Things (IoT) Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
  • ASIA-PACIFIC
    • TABLE 100: Asia-Pacific Internet of Things (IoT) Market Estimates and Projections in US$ Million by Technology: 2020-2027
    • TABLE 101: Asia-Pacific Internet of Things (IoT) Historic Market Analysis in US$ Million by Technology: 2012-2019
    • TABLE 102: Asia-Pacific Internet of Things (IoT) Historic Market Analysis in US$ Million by Technology: 2012 VS 2020 VS 2027
    • TABLE 103: Internet of Things (IoT) Quantitative Demand Analysis in Asia-Pacific in US$ Million by End-Use: 2020-2027
    • TABLE 104: Asia-Pacific Internet of Things (IoT) Historic Market Review in US$ Million by End-Use: 2012-2019
    • TABLE 105: Asia-Pacific Internet of Things (IoT) Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
  • REST OF WORLD
    • TABLE 106: Internet of Things (IoT) Market Analysis in Rest of World in US$ Million by Technology: 2020-2027
    • TABLE 107: Internet of Things (IoT) Market in Rest of World: Historic Review in US$ Million by Technology for the Period 2012-2019
    • TABLE 108: Rest of World Internet of Things (IoT) Market Share Breakdown by Technology: 2012 VS 2020 VS 2027
    • TABLE 109: Rest of World Internet of Things (IoT) Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
    • TABLE 110: Internet of Things (IoT) Market in Rest of World: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
    • TABLE 111: Rest of World Internet of Things (IoT) Market Share Analysis by End-Use: 2012 VS 2020 VS 2027

IV. COMPETITION

  • Total Companies Profiled: 114
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