Market Research Report
IoT Market in Russia 2015-2019
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||342139|
|Published||Content info||67 Pages
IoT is a communication of multiple devices over a network that enables data transmission between devices, including thermostats and sensors. It connects hardware, embedded software, communication services, and IT services. It helps in developing smart homes, smart city, and online shopping with the help of connected devices in a network.
The adoption of IoT will improve with the increase in Wi-Fi and LTE wireless connectivity. Networks such as 2G, 3G, and 4G are being provided by service providers in Russia, which has increased the threat to data security. Stringent policies related to network security are being increasingly implemented. IoT security, which is dependent on network security, is expected to gain importance during the forecast period.
Technavio's analysts forecast the IoT market in Russia to grow at a CAGR of 28.47% during the period 2014-2019.
This report covers the present scenario and the growth prospects of the IoT market in Russia for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sale of IoT components:
Other IoT components include gateways, networking components, SCADA, cloud services, and CEP
TechNavio's report, IoT Market in Russia 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the market and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.