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$223 Billion IoT Infrastructure Market by Technology, Component, Platform, Service, Application and Geography - Global Outlook to 2026 - ResearchAndMarkets.comThe "IoT Infrastructure - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering. According to the report, the Global IoT Infrastructure Market accounted for $19.65 billion in 2017 and expected to grow at a CAGR of 30.9% to reach $223.05 billion by 2026. Adoption of digital transformation services, increasing implementation of cloud platforms, the introduction of IPV6, government's funding in research and development related to IoT, investments for the development of smart cities infrastructure, rising depletion of energy sources worldwide are driving the market growth. However, privacy & security concerns and lack of laws & regulations governing smart cities pose a threat for the market. Further, growth in IoT components, edge devices and analytics driven by discrete manufacturing are a few trends observed by the market. Based on application, the expansion of Big Data and development of the Internet of Things (IT) are increasing the feasibility of smart city initiatives. By 2020 in the ICT industry, clouds and smart hardware are predicted to become vertically stackable using the vertical integration model of a horizontal platform. The concept of a smart city continues to spread around the world. Governments have successively created relevant policy guidelines and urban vision plans. Key Topics Covered 1 Executive Summary 2 Preface 3 Market Trend Analysis 4 Porter's Five Forces Analysis 5 Global IoT Infrastructure Market, By Technology 6 Global IoT Infrastructure Market, By Component 7 Global IoT Infrastructure Market, By Platform 8 Global IoT Infrastructure Market, By Service 9 Global IoT Infrastructure Market, By Application 10 Global IoT Infrastructure Market, By Geography 11 Key Developments 12 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/research/mm57jp/iot?w=4 View source version on businesswire.com: https://www.businesswire.com/news/home/20180830005507/en/ |
