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Global Cellular IoT Market (2017-2023): Increasing Demand for Long Range Connectivity - Research and MarketsThe "Global Cellular IoT Market Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023" report has been added to Research and Markets' offering. The global cellular IoT market is expected to rise at a CAGR of 23% during the forecast period 2016-2023. The major factor contributing to the growth of the global cellular IoT market during the forecast period is increasing demand for long range connectivity and fast speed communication. However, issues regarding quality of service and lack of regulation for spectrum allocation are the factors restraining the growth of the global cellular IoT market during the forecast period. Geographically, North America held the largest market share in terms of revenue for cellular IoT market in 2016 and is expected to dominate the market during the forecast period. The dominance of the region is observed due to huge opportunity for celular IoT devices connectivity because of IoT developments taking place in infrastructure and smart buildings in North America. However, Asia Pacific is expected to be the fastest growing region for cellular IoT market during the forecast period owing to investments by the countries such as China, India, South Korea and Japan for the implementation of cellular IoT services in the region. The report on global cellular IoT market is segmented into offering, type and applications. Companies Mentioned
Key Topics Covered: 1. Introduction 2. Market Overview 3. Market Determinants 4. Market Segmentation 5. Competitive Landscape 6. Geographical Analysis 7. Company Profiles For more information about this report visit https://www.researchandmarkets.com/research/jjk8sv/global_cellular View source version on businesswire.com: http://www.businesswire.com/news/home/20171205005713/en/ |
