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Internet of Things (IoT) Market Set To Skyrocket To $1.7 Trillion By 2027 - ResearchAndMarkets.com

By Business Wire

Business Wire
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DUBLIN--(BUSINESS WIRE)--The "Internet of Things (IoT) - Thematic Intelligence" report has been added to ResearchAndMarkets.com's offering.

The global IoT market is forecast to reach $1.7 trillion in revenue by 2027. Enterprise IoT will account for 73% of market revenue by 2027, up from 70% in 2022, while the consumer segment will make up 27% in 2027, down from 30% in 2022. In a post-COVID-19 world, the accelerating adoption of artificial intelligence (AI) and further connectivity improvements will drive solid growth across all IoT markets.

Key Highlights

IoT is a relatively mature market, yet significant innovation is emerging as AI is embedded into the operations and services provided by IoT deployments. Artificial Intelligence of Things (AIoT) involves embedding AI into IoT devices, software, and services. Combining data collected by connected sensors and actuators with AI supports automated operations and predictive maintenance. Furthermore, improvements in the physical layer and edge computing support many use cases of AI at the edge, such as smart cameras, smart traffic lights, and smart drones.

The combination of a fragmented security standards landscape and the weak security of many IoT devices could hold back further IoT adoption.

Additionally, IoT deployments can become a security risk. Despite ongoing industry efforts, there are no globally accepted standards for IoT security. IoT sensors and cameras typically have limited computing capacity, meaning they cannot run effective security software. This leaves them and the networks to which they are connected vulnerable to cyberattacks.

Report Scope

  • This report provides an overview of the Internet of Things theme.
  • It identifies the key trends shaping the theme over the next 12 to 24 months, split into three categories: technology trends, macroeconomic trends, and regulatory trends.
  • It includes a comprehensive industry analysis, including market size and growth forecasts for the global Internet of Things market, alongside analysis of trends in the publisher's proprietary signals data, including M&As, venture financing, patents, company filings, and hiring.
  • The detailed value chain is split into five layers: physical, connectivity, data, apps, and services.
  • Also included are profiles of leading players in the IoT theme, including Alibaba, Amazon, Arm, Baidu, Cisco, Ericsson, Huawei, Microsoft, Nokia and Synaptics. 

Key Topics Covered:

  • Executive Summary
  • Players
  • Technology Briefing
  • Trends
  • Industry Analysis
  • Signals
  • Value Chain
  • Companies
  • Sector Scorecards

A selection of companies mentioned in this report includes

  • ABB
  • Akamai
  • Alation
  • Alibaba
  • Alkira
  • Alphabet
  • Alphabet
  • Alps Electric
  • Altair
  • Alteryx
  • Altibase
  • Amazon
  • Ambarella
  • AMD
  • AMS
  • Ataccama
  • Atlan
  • Atos
  • Attivio
  • Aviatrix
  • Ayla
  • BAE Systems
  • Baidu
  • Bharti Airtel
  • Bigeye
  • Biz4Group
  • Black & Veatch
  • Blaize
  • BMC Software
  • Boomi
  • Bosch
  • Celestica
  • Celigo
  • Census
  • Check Point Software
  • Chicony
  • China Mobile
  • China Telecom
  • China Unicom
  • Ciena
  • Cisco
  • Cognex
  • Cognizant
  • Cohesity
  • Colibra
  • Comcast
  • Confluent
  • Elementl
  • Equinix
  • Ericsson
  • Eurotech IoT Consulting
  • Exasol
  • Experian
  • Extreme Networks
  • EY
  • F5 Networks
  • FANUC
  • Fastly
  • Faststream Technologies
  • Finisar
  • FireEye
  • Fivetran
  • Flexpoint
  • Flink
  • Forcepoint
  • Fortinet
  • Fujifilm
  • Fujitsu
  • Garmin
  • GE
  • Generac (Ecobee)
  • Global Laser
  • Goertek
  • GoPro
  • Hologic
  • Honeywell
  • HPE
  • HQSoftware
  • HTC
  • Huan
  • Huawei
  • Hypervolt
  • IBM
  • iFlytek
  • Immuta
  • Imply
  • Indie Semiconductor
  • Infineon
  • Informatica
  • Information Builders
  • Infosys
  • Infraspeak
  • Innoviz
  • Insource
  • Inspur
  • Intel
  • Intenda
  • InterSystems
  • IOTA
  • Knowles
  • Konica Minolta
  • KPMG
  • KT
  • Kyndryl
  • Latent AI
  • Magna
  • Make
  • MariaDB
  • MarkLogic
  • Materialize
  • Matillion
  • McKinsey
  • MediaTek
  • Microchip
  • Microsoft
  • Microvision
  • Midea (KUKA)
  • MIMOS
  • Mitac
  • Mobileye
  • Mobvoi
  • MongoDB
  • Murata
  • Myriota
  • Nanit
  • NEC
  • NetApp
  • Netgear
  • New Sun Road
  • Nikon
  • Nippon Ceramic
  • Nokia
  • Northrop Grumman
  • NTT
  • NTT Data
  • NuoDB
  • Nutanix
  • Nvidia
  • NXP
  • OEM Automatic
  • Okta
  • Omron
  • Oppo
  • OpteamX
  • Oracle
  • Orange
  • Ordr
  • Ovaledge
  • Palantir
  • Palo Alto Networks
  • Panasonic
  • Pandas
  • Panoply
  • Particle
  • PayPal
  • Percona
  • Philips
  • PostgreSQL
  • Rakuten
  • RapidMiner
  • Redis Labs
  • Renesas
  • Ricoh
  • Rockset
  • Rockwell Automation
  • Rohm
  • Rokid
  • Salesforce
  • SAP
  • SAS
  • Scality
  • Schneider Electric
  • Securonix
  • Seiko Epson
  • Sensata
  • Shimadzu
  • Span.IO
  • Splunk
  • Starburst
  • Stemmer Imaging
  • Stibo Systems
  • Stitch
  • STMicroelectronics
  • Stone Bond Technologies
  • Stratio
  • StreamSets
  • Sunny Optical
  • Supergrain
  • Supermetrics
  • Surbana Jurong
  • Tabular
  • Talend
  • Tata Communications
  • Tata Consultancy Services
  • TDK
  • TE Connectivity
  • Tech Mahindra
  • Teledyne
  • Telefonica
  • Telenor Group
  • Telstra
  • Uber
  • Ubiquiti
  • VMware
  • Vodafone
  • VoltDB
  • Voyant Photonics
  • Vuzix
  • Wipro
  • Wolfram
  • Workato
  • Xiaomi
  • Yandex
  • Yaskawa
  • ZF
  • ZTE
  • Zypp Electric

For more information about this report visit https://www.researchandmarkets.com/r/yh2vpc

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First published on Wed, Dec 27, 2023

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ResearchAndMarkets Internet Of Things (IoT) Thematic Intelligence Artificial Intelligence Of Things (AIoT)

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