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Markets and Markets : Internet of Things Technology & Application market worth $1423.09 billion by 2020
[October 22, 2014]

Markets and Markets : Internet of Things Technology & Application market worth $1423.09 billion by 2020


(M2 PressWIRE Via Acquire Media NewsEdge) According to a new market research report "Internet of Things Technology & Application Market by Communication Technology (ZigBee, Z-Wave, Bluetooth, Wi-Fi, NFC, RFID), Application Vertical (Building Automation, Consumer, Wearable Electronics, Industrial, Automotive & Transportation, Agriculture) & Geography - Global Trends & Forecasts to 2014 - 2020", published by MarketsandMarkets, the value of Internet of Things market was worth $1029.5 billion in 2013, and is expected to reach $1423.09 billion by 2020, at an estimated CAGR of 4.08% from 2014 to 2020.



Browse more than 149 market data tables with 68 figures spread through 452 pages and in-depth TOC on "Internet of Things Technology & Application Market".

http://www.marketsandmarkets.com/Market-Reports/iot-application-technology-market-258239167.html Early buyers will receive 10% customization on this report.


Inquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=258239167 The term 'Internet of Things' from its early introduction in 1990s by Mark Weiser has evolved enormously and now it has taken the centre stage. "Internet of Things" was the theme of 2014 - Consumer Electronics Show (CES) which was held in Las Vegas, U.S. on January 5, 2014. Over the next decade, 'Internet of Things' (IOT) is expected to transform our world.

With new technological inventions and its seamless integration in our day to day lives, it is evident that Internet of Things concept is already laying down the foundation for a promising future.Few trends in technologyand application are acting particularly as future IoT enablers which may help in shaping the future of the IoT. Some of these critical technology trends which are expected to have a huge impact on IoT evolution are IPV6, sensor proliferation, cloud computing, big data, and faster communication standards such as 4G-LTE and beyond.

Internet of Things Application & Technology has revolutionized the consumer application industry. Various other IoT applications are also evolving and will further drive opportunities formany industry players across the vast IoT ecosystem. The detailed segmentation by applications included in the report covers all the major smart devices used in Internet of Things such as smart thermostats, meters, plugs, hubs, locks, and many more. The major IoT application segments that have been extensively covered in the report are building automation, industrial, consumer, wearable electronics, automotive & transportation, and agriculture. Besides, major wired and wireless communication technologies, protocols, and standards have been discussed in the report. Whereas, the geographical segmentation section gives the Internet of Things market for various geographical regions namely: Americas, EMEA, and APAC.

Apart from the segmentation, the report also covers other market aspects for the Internet of Things such as drivers, restraints, opportunities, burning issues, and winning imperatives in detail. It also evaluates the market through various models such as the Porter's five forces model, and analyzes the market's intermediate-level value chain, functional ecosystem, and company landscape. This report, based on the extensive research study on Internet of Things, is aimed at identifying the various market segments and sub-segments through an extensively detailed classification.It also profiles more than 10 key players in this market along with the in-depth competitive landscape.

Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=258239167 About MarketsandMarkets MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact: Mr. Rohan North - Dominion Plaza, 17304 Preston Road, Suite 800, Dallas, TX 75252 Tel: +1-888-600-6441 Email: [email protected] CONTACT: Mr. Rohan Tel: +1-888-600-6441 Email: [email protected] .

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