The global internet of things market is expected to grow at a CAGR of 32.7% from 2017 to 2025

Portland, OR -- (SBWire) -- 07/19/2017 --The Internet of Things (IoT) refers to a scenarios where physical objects are internetworked through the use of electronic devices, network connectivity, software, sensors, and actuators, allowing these objects to generate, exchange, and consume data with minimal human intervention. IoT is having technical, social, and economic significance. It interconnects embedded systems with evolving technologies such as wireless connectivity and smart sensors. It has gained popularity and is considered as the third wave of technology. However, it is still maturing due to some of the most pressing challenges such as security, privacy, interoperability & standards, and emerging economies & development. The global internet of things market is expected to grow at a CAGR of 32.7% from 2017 to 2025.

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Based on component, the global internet of things (IoT) market is segmented as sensors, networks, hardware, protocols, software, and others. Based on applications, the market is segmented as environment monitoring, infrastructure management, industrial application, energy management, medical & healthcare system, building & home automation, and transport system. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

Constantly evolving graphic games.

Escalating demand for Artificial intelligence (AI), augmented reality (AR), and virtual reality (VR).

Restraints:

Technology in commercialization stage.

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Table Of Contents:
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
4. Global Internet of Things (IoT) Market by Component
4.1. Sensors
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. Networks
5. Global Internet of Things (IoT) Market by Application
5.1. Environment Monitoring
5.1.1. Historical Market Size by Region, 2014-2016
5.1.2. Market Forecast by Region, 2017-2025
5.2. Infrastructure Management