Airline technology integration market is anticipated to grow at a CAGR of 10.0% during the forecast period (2023-2030). The market growth is attributed to the convergence of advanced technology such as IoT, AI, and blockchain in the aviation industry across the globe. The utilization and integration of innovative technologies by airlines enhance their operational effectiveness, safety, and passenger experience.
Intelligence (AI) in oncology market is anticipated to grow at a CAGR of 32.6% during the forecast period (2023-2030). The industry growth is attributed to increased demand for precise cancer diagnosis and early treatment across the global. AI algorithms can accurately assess medical images and data, lowering the possibility of human error in identifying and classifying diseases such as HER2 in breast cancer. Treatment choices can be implemented more successfully as a result of this increased accuracy.
No-code AI platform market is anticipated to grow at a CAGR of 27.3 % during the forecast period (2023-2030). The market’s growth is attributed to enhancing productivity suites and SaaS applications across the globe. The increasing need to improve the management, security, and functionality of existing SaaS applications has been addressed by products such as AWS AppFabric, which encourages the development of no-code AI platforms to further optimize these platforms.
IoT in the weather monitoring market is anticipated to grow at a CAGR of 9.8% during the forecast period (2023-2030). IoT in weather monitoring uses connected devices, sensors, and networks to collect, transmit, and analyze real-time meteorological data. The usage of IoT improves precision in weather monitoring, allowing for localized forecasts and improved response to extreme weather conditions.
Managed security services market is anticipated to grow at a CAGR of 13.9% during the forecast period (2023-2030). The market’s growth is attributed to Increase in web application attacks across the globe. Web application attacks are among the most prevalent and harmful cyber dangers in usage currently, rendering specialized solutions such as individuals provided by Fastly necessary to protect companies and their digital assets.
IoT in the agriculture market is anticipated to grow at a CAGR of 11.5% during the forecast period (2023-2030). Growing demand for food due to the growing population, increasing government support, growing technological advancements in IoT technology, and rapidly changing climate conditions are driving demand for IoT technology in the agriculture sector.
M2M service market is anticipated to grow at a CAGR of 30.5% during the forecast period. The rising adoption of IoT along with inclination of consumers towards 5G technology is a key contributor to the growth of the M2M market. There are various benefits of 5G technology; it consists of high-reliability and low latency, which in turn, fulfil the necessary requirements of sensor-connected IoT devices. Through 5G technology, there are millions of smart devices that can interact at very fast gigabit speeds across the network within a millisecond.
IoT in construction market is anticipated to grow at a significant CAGR of 15.5% during the forecast period. The inclusion of internet-connected devices in the construction industry has benefitted the sector by reducing operational costs, enhancing productiveness, and efficient project management.
IoT in manufacturing market is anticipated to grow at a significant CAGR of 11.6% during the forecast period. The concept of IoT or the ‘internet of things has gained rapid popularity in recent years. The use of IoT in applications across various industries has opened up a huge potential for the companies operating in this market. The growing demand for automated machines and equipment in the manufacturing industry will lead to the ample adoption of IoT concepts. Increasing demand for customization, growing expectations for simplified and easy-to-use machinery, and the requirement for efficient and reliable data will assist the growth of the IoT in manufacturing market.
The global blockchain in agriculture & food supply chain management market is anticipated to grow at a significant CAGR of 48.1% during the forecast period. The growing concerns among consumers for transparency in the supply chain are expected to grow the market during the forecast period. Increasing transparency is an effective way of demonstrating sustainability efforts and openness to stakeholders. Many companies have used transparency to achieve customer trust and satisfaction.
The global IoT gateway market is anticipated to grow at a significant CAGR of 17.33% during the forecast period. The IoT market is anticipated to grow at a steady rate, the growth is mainly driven by increasingly ubiquitous, cheaper sensors that convert the physical data to digital content, and the connectivity of devices, services, and systems. Moreover, the IoT services are largely used among various end-user verticals, such as manufacturing, oil and gas, and the government sector. The IoT focused on delivering cost savings from fuel energy, and labour.
The global smart buildings market is anticipated to grow at a significant CAGR of 11.2% during the forecast period. The growing demand for energy efficient solutions will drive the smart buildings market. Energy costs are rising rapidly, and environmental issues have become major concern due to which there is growing focus to deliver more energy-saving solutions. Decline in energy consumption is a prime concern among commercial building owners to save money due to which various iniatives are being taken to provide energy efficient solutions to consumers. For instance, in February 2020, Honeywell launched Honeywell Forge Energy Optimization which is a machine learning solution that studies a building's energy consumption patterns and robotically regulates to optimal energy saving settings.
The global blockchain IoT market is anticipated to grow at a significant CAGR of 49.2% during the forecast period. The global blockchain IoT is expected to grow during the forecast period due to the rapid development of communication technologies, the Internet of Things is experiencing exponential growth, both in research and industry, and is getting out of its infancy to a maturity phase with the volume of data generated, transmitted, and processed. However, it still suffers from pitfalls, such as privacy and security vulnerabilities, that are leveraged by the asymmetric cryptography of blockchain technology.
The global IoT gateway devices market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The IoT gateway devices are advanced technology in the telecommunication sector that acts as a communication bridge between IoT sensors and devices.
The global IoT communication protocol market is anticipated to grow at a significant CAGR during the forecast period 2021-2027. The IoT communication protocol is a technological solution augmented to connect multiple smart devices and enable communication within the connected devices.
The global IoT managed services market is expected to grow at a significant CAGR during the forecast period (2021-2027). Some major factors such as the rise in the application of multi-cloud, automation, and increased demand for IoT in industrial space, are augmenting the demand for IoT managed services across the globe.
The global IoT in defense market is expected to grow at a significant CAGR during the forecast period (2021-2027). The IoT is a mechanism for generating data value. The way goods and services are developed and delivered, as well as infrastructure is handled and maintained, is changing across the private sector.
The global OHV telematics market is expected to grow at a significant CAGR during the forecast period (2021-2027). Artificial Intelligence (AI) and the Internet of Things (IoT) are expected to boost the growth of the market.
The global telecom IoT market is expected to grow at a significant CAGR during the forecast period. It is an advanced technology that is augmented to supply efficient communication operations. The LTE-M and narrowband IoT technologies are two major protocols that connect telecommunication with IoT devices over a wireless network.
The global narrowband IoT market is expected to grow at a significant CAGR during the forecast period 2021-2027. The narrowband IoT stands for narrowband internet of things (NB-IoT). It was a low power wide area (LPWA) standard-based technology developed to introduce a broad spectrum of IoT devices and services.
The Global Marine Internet of Things Market is expected to grow at a significant CAGR during the forecast period. With the Internet of Things (IoT) gaining popularity in the residential, industrial, and healthcare sectors, the marine industry is set to become the next big application.
The Global IoT cloud Market is expected to grow at a significant CAGR during the forecast period. IoT cloud platforms integrate the capabilities of IoT devices and cloud computing, which are offered as a service over an end-to-end platform.
The global video servers market is anticipated to grow at a significant CAGR during the forecast period. Video server allows network consumers to watch videos on a range of terminals from anywhere and at any time without having to wait for all the data to be downloaded completely.
The global telecom internet of things (IoT) market is expected to grow at a significant CAGR during the forecast period. The Internet of Things (IoT) telecom services is a set of services provided by telecom companies to their commercial clients to facilitate the deployment of smart connectivity technologies into their networks and business processes.
The market for IIoT Data Collection and Device Management Platform is anticipated to grow at significant CAGR during forecast period. The rising need for centralised asset monitoring and predictive maintenance, growing demand for automation in industries, proliferation of IoT devices, rise in the number of cost-effective and intelligent connected devices and sensors, increased government initiatives in IoT R&D activities, and the emergence of IPv6 are the major factors driving the growth of the IIoT Data Collection and device management platform market.
The global cellular IoT gateways market is estimated to grow at a CAGR during the forecast period. A cellular IoT gateway router is a smart Internet gateway that allows IoT devices and sensors to connect to the Internet using the gateway router's cellular WAN connections.
The global Massive Open Online Courses (MOOCs) market is expected to grow at a significant CAGR during the forecast period (2021-2027). The major factors propelling the growth of the global MOOCs market include the rising adoption of remote learning and rising internet penetration.
The Global IoT Operating Systems Market is expected to grow at a significant CAGR during the forecast period (2021-2027). Any computing system's processor, whether it's a server, laptop, smartphone, or other connected devices, needs an operating system (OS), often known as an embedded operating system.
The global motor racing telematics MRT market is estimated to grow at a moderate CAGR during the forecast period. Telematics is a term that combines the terms' telecommunications and informatics to explain how communications and information technology are used to exchange and store data from telecoms devices to remote objects through a network.
The Global IoT in Automotive Market is estimated to grow at a CAGR of 26.5% during the forecast period. The phrase "automotive IoT" refers to the integration of Internet of Things (IoT) technologies into automotive systems, in order to develop new applications and solutions that can make vehicles smarter and more intelligent, allowing for safer, more efficient, and more comfortable driving.
The Global Embedded Real-Time Operating Systems for the IoT Market is estimated to grow at a CAGR of 0.02% during the forecast period. Product development cycles are growing increasingly complex in today's world.
The Global Chip less RFID Market is estimated to grow at a CAGR of 31.2% during the forecast period. The phrase "chip less RFID" refers to systems that convey data using RF radiation, but do not store a serial number in a silicon microchip in the transponder.
The global narrowband IoT market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing need for IoT and an increase in the connected devices ecosystem along with emerging smart cities initiatives will fuel the growth of the market during the forecast period.
The global Location-Based Services (LBS) market is expected to grow at a significant CAGR during the forecast period (2021-2027). A location-based service (LBS) is a collection of software-based services that enable end-users to access location-specific data and other online services such as mapping and navigation, local search and information, social networking and entertainment, proximity marketing, and asset tracking.
The global webgame market is anticipated to grow at a significant CAGR during the forecast period. One of the factors fuelling the market's growth is the widespread use of smartphones and tablets, as well as the increased use of social media.
US 5G IoT market is projected to grow at a modest CAGR of 38.5% during the forecast period (2021-2027). The key aspect that drives the growth of the market includes the rising demand for wireless networks of high speed along with key players focuses on expanding 5G IoT network by using new technology.
The North American 5G IoT market is projected to grow at a considerable CAGR of 35.4% during the forecast period (2021-2027). The key aspect that drives the growth of the market includes the rise in various end-user industries such as manufacturing, smart cities, industrial, BFSI, and others, and strategies adopted by the major players in the regions for the industry expansion.
European 5G IoT market is projected to grow at a considerable CAGR of 32.0% during the forecast period (2021-2027). The key aspect that drives the growth of the market includes the presence of major 5G solution providers, technological advances such as 4G and 5G IoT, increase in the use of mobile phones, rising demand for a wireless network with high-speed network post-COVID-19 pandemic, and major players strategic activities.
China 5G IoT market is projected to grow at a considerable CAGR of 43.5% during the forecast period (2021-2027). The market is set to display impressive growth during the augur period with some key trends emerging, such as the rising number of IoT-based telecom users in the country.
Asia-Pacific 5G IoT market is projected to grow at a considerable CAGR of 40.5% during the forecast period (2021-2027). The market is set to display impressive growth during the augur period with some key trends emerging, such as growing investment in 4G and 5G, reduced IoT sensors costs, and government support.
The global 5G IoT market is projected to grow at a considerable CAGR of 38.8% during the forecast period (2021-2027). 5G is predicted to be the most powerful enabler in the field of the IoT due to its speed, vast capacity, and ultra-low latency.
The US NB-IoT market is estimated to grow at a CAGR of around 35.3% during the forecast period. The growing internet penetration in the country, large adoption of high network technologies and smartphones are some major factors that have been driving the market growth.
The UK NB-IoT market is estimated to grow at a CAGR of around 33.2% during the forecast period. The major factors that further contribute to the growth of the market include the developed ICT infrastructure, rising demand for cloud-based services due to availability of developed networking infrastructure in the country.
The North American NB-IoT market is estimated to grow at a CAGR of around 35.3% during the forecast period. The economic strength and well-established technology infrastructure of North America provides a solid platform for the growth of the NB- IoT market.
Japan NB-IoT market is estimated to grow at a CAGR of around 34.6% during the forecast period. The Japan NB-IoT industry is mainly driven by the rising demand for cloud-based services in various sectors of the country coupled with the increasing penetration of the internet.
The European NB-IoT market is estimated to grow at a CAGR of around 33.5% during the forecast period. The growing adoption of cloud services among small and medium enterprises is estimated to be the major factors that are contributing to the growth of the market.
The Asia-Pacific NB-IoT market is estimated to grow at a CAGR of around 37.4% during the forecast period. The increasing adoption of cloud infrastructure services among small-medium enterprises (SMEs) in the Asia-Pacific is estimated to be one of the major factors that are driving the growth of the market.
The US IoT middleware market is projected to witness considerable growth during the forecast period. This growth is attributed to the well-developed ICT infrastructure and the presence of a large number of IoT service providers in the country. IBM Corp., Microsoft Corp., and Oracle Corp. are some of the key market players that are headquartered in the US and generating a majority of its revenue from the US market.
UK IoT middleware market is projected to witness considerable growth during the forecast period. This high internet penetration rate has been acting as the major motivator of the cloud services market in the region, which in turn, drives the IoT middleware market. The developed economy established base of business customers, and lack of infrastructure hurdles present in other countries, make UK an important market for cloud vendors.
The North American IoT middleware market is projected to witness considerable growth during the forecast period. The region has well-developed ICT infrastructure and has witnessed a huge adoption of many connected devices. Presence of major players in North America, such as IBM Corp., Cisco Systems Inc., Oracle Corp., and Microsoft Corp., further gives a boost to the growth of the market in the region.
The European IoT middleware market is projected to witness considerable growth during the forecast period. The increasing number of secured internet servers raises the demand for cloud services that further encourages the integration of IoT connected devices in the region. As per the World Bank, in 2018, secure internet servers have increased from 4,298 per 1 million people in 2015 to 56,392 servers per 1 million people in Germany.
Asia-Pacific IoT middleware market is projected to witness considerable growth during the forecast period. The significance of IoT in connecting devices for establishing a connection between other devices has been positively influencing the growth of the Asia-Pacific IoT middleware market. The technological advancement in smartphones coupled with the rising smartphone users has further augmented the connectivity of objects through IoT in various places such as shopping malls, airports, and other public places.
The global IoT middleware market is growing at a significant CAGR of around 7.0% during the forecast period (2020-2026). IoT middleware is software that acts as a bridge between physical world (IoT devices) and virtual world (applications). It is particularly responsible for setting up interaction with devices and information management system.
The global infrastructure monitoring market is estimated to grow at a CAGR of nearly 16.0% during the forecast period. Infrastructure monitoring is also known as structural health monitoring (SHM), which involves a range of connected sensors for collection and analysis of data, at every moment during the service life of the structure.
The global market for NB-IoT is projected to have considerable CAGR during the forecast period. The major factors that propels the NB-IoT market include the growing integration of IoT technology in various sector such as logistics & transportation, energy & utilities, manufacturing and others.
The global online gaming industry has been witnessing potential growth coupled with the increasing spending on online gaming and the rising penetration of mobile devices, including smartphones and tablets. In UK, the combined physical and digital games sales generated revenue of nearly $4.9 billion in 2018, exhibit growth of 9.1% over 2017.
The global IoT Sensors market is anticipated to grow at a significant CAGR of 25.0% during the forecast period. The major factors contributing to the growth of the market include rising industrialization across the globe, increasing demand for smart sensors in several industries, and the advent of smart homes and connected cars. Rapid industrialization has been witnessed in emerging countries owing to the growing presence of multinationals and the rising government initiatives to encourage industrialization in the country.
Asia-Pacific
IoT market is expected to witness a significant growth with the CAGR of
approximately 22.8% during the forecast period. Asia Pacific is estimated to be
one of the major markets for the growth of the IoT market. Asia Pacific grow
owing to the factors such as increasing
internet penetration, growing adoption of cloud-based services among small and
medium enterprises and government policies to promote digitalization and smart
city developments.
China
IoT market is expected to witness a significant growth with the CAGR of
approximately 22.7% during the forecast period. China is estimated to be the
leading IoT market in Asia Pacific region. The market size of the China’s IoT
market is estimated to be $56.4billion in 2017.
European
IoT market is expected to witness a significant growth with the CAGR of
approximately 21.2% during the forecast period. The GDP of European Union was
estimated to be $17.6 trillion in 2016. National, regional and local
governments, as well as private companies are major buyers of cloud-based
services in the region, and this is the major opportunity in this region.
Germany
IoT market is expected to witness a significant growth with the CAGR of
approximately 21% during the forecast period. Germany’s well-established
infrastructure and consumer base are driving demand for cloud services in the
country. It is estimated that 26% of German companies do not currently use or
plan to use cloud services in their operations that indicates the huge market
potential that Germany’s private sector offers for cloud adoption and an
expanding need for diverse cloud services.
Japan
IoT market is expected to witness a significant growth with the CAGR of
approximately 22.5% during the forecast period. Japan is one of the top markets
for ICT and IoT. As per The Asia Cloud Computing Association (ACCA), Japan is
estimated to be the top cloud market for the third consecutive year in their
Cloud Readiness Index and ranked as the best country for SME cloud investment.
North
American IoT market is expected to witness a significant growth with the CAGR
of approximately 21.4% during the forecast period. North America is estimated
to be the dominating region in the IoT market owing to its well-developed
information communication technology (ICT) infrastructure and the larger number
of connected devices adoptions.
South
Korean IoT market is expected to witness a significant growth rate during the
forecast period. South Korea has advanced telecommunication infrastructure that
is responsible for backing the growth of ICT sector.
Spain
IoT market is expected to witness a significant growth with the CAGR of
approximately 20.8% during the forecast period. According to the study
conducted by Eurostat news release in December 2017, it was found that 93% people
use smart phones to access the internet, but they don’t use other devices.
Additionally, 58% of population used laptops or notebooks for accessing
internet followed by 45% and 42% usage of desktops and tablets respectively.
Taiwan
IoT market is expected to witness a significant growth with the CAGR of
approximately 23.8% during the forecast period. IoT adoptions are one of the
major breakthroughs in Taiwan. The country has implemented smart cities
technology in a most effective manner in the area of transportation.
UK
IoT market is expected to witness a significant growth with the CAGR of
approximately 21.8% during the forecast
period.The digitalization of banking, Insurance and business services in the country
are the key driver for the growth of the economy. The GDP of UK was $2.65
trillion with a growth rate of 1.8% in the year 2016.
The
US IoT market is expected to witness a significant growth with the CAGR of
approximately 21.3% during the forecast period. The country has a huge
potential for the growth of the IoT market. United States is the largest
economy in the World.
Asia-Pacific
IoT energy market is expected to witness a significant growth with the CAGR of
approximately 20% during the forecast period. IoT has enabled the concept of
smartness in every from the grid to the city. The insight derived from data
collected from connected devices can enhance productivity and efficiency as
well as they can improve real-time decision making.
European
IoT energy market is expected to witness a significant growth with the CAGR of
approximately 20% during the forecast period. IoThas enabled the concept of
smartness in every from the grid to the city. The insight derived from data
collected from connected devices can enhance productivity and efficiency as
well as they can improve real-time decision making.
Indian
IoT energy market is expected to witness a significant growth with the CAGR of
approximately 20% during the forecast period. IoThas enabled the concept of
smartness in every from the grid to the city. The insight derived from data
collected from connected devices can enhance productivity and efficiency as
well as they can improve real-time decision making.
North
American IoT energy market is expected to witness a significant growth with the
CAGR of approximately 20% during the forecast period. IoThas enabled the
concept of smartness in every from the grid to the city.
Asia-Pacific IoT in Healthcare market is expected to witness a significant growth with the CAGR of 22% during the forecast period. Use of IoT in Healthcare allows enhanced drug management. As the healthcare industry faces numerous challenges to compete with the high expense of creating and managing drugs, IoT is the major breakthrough for it.
European IoT in Healthcare market is expected to witness a significant growth with the CAGR of 22% during the forecast period. Use of IoT in Healthcare allows enhanced drug management. As the healthcare industry faces numerous challenges to compete with the high expense of creating and managing drugs, IoT is the major breakthrough for it.
Indian IoT in Healthcare market is expected to witness a significant growth with the CAGR of 22% during the forecast period. Use of IoT in Healthcare allows enhanced drug management. As the healthcare industry faces numerous challenges to compete with the high expense of creating and managing drugs, IoT is the major breakthrough for it. The average cost of developing an approved drug to be around 55 million along with a multi-billion-dollar fraudulent drug industry to add to the trouble.
North American IoT in Healthcare market is expected to witness a significant growth with the CAGR of 22% during the forecast period. North America is estimated to be the dominating region in the IoT in healthcare market owing to its well-developed information communication technology (ICT) infrastructure and the larger number of connected devices adoptions.
UK IoT in Healthcare market is expected to witness a significant growth with the CAGR of 22% during the forecast period. Use of IoT in Healthcare allows enhanced drug management. As the healthcare industry faces numerous challenges to compete with the high expense of creating and managing drugs, IoT is the major breakthrough for it.
US IoT in Healthcare market is expected to witness a significant growth with the CAGR of 22% during the forecast period. US is estimated to register considerable growth in the IoT in healthcare market owing to its well-developed information communication technology (ICT) infrastructure and the larger number of connected devices adoptions.
US
IoT energy market is expected to witness a significant growth with the CAGR of
approximately 20% during the forecast period. IoT has enabled the concept of
smartness in every from the grid to the city.
Asia-Pacific
IoT in automotive market is expected to witness a significant growth rate
during the forecast period. Automotive sector is changing at a rapid pace. One
of the factors that is indicating the wellbeing of a country is development in
transportation.
European
IoT in automotive market is expected to witness a significant growth rate
during the forecast period. Automotive sector is changing at a rapid pace. One
of the factors that is indicating the wellbeing of a country is development in
transportation.
North
American IoT in automotive market is expected to witness a significant growth
rate during the forecast period. Automotive sector is changing at a rapid pace.
One of the factors that is indicating the wellbeing of a country is development
in transportation. One of the uses of IoT in transportation is its application
in electrical vehicle.
US
IoT in automotive market is expected to witness a significant growth with the
CAGR of approximately 20% during the forecast period. Automotive sector is
changing at a rapid pace. One of the factors that are indicating the wellbeing
of a country is development in transportation.
The
global connected logistics market is estimated to grow at a CAGR of over 28%
during the forecast period. The major factors contributing to the growth of the
market include a significant rise in the e-commerce industry and the emerging
adoption of IoT connected devices in the logistics industry.
Internet of things (IoT) integration market is expected to grow at a moderate rate during the forecast period 2019-2025. The term Internet of Things (IoT) is referred to a network of interrelated computing devices, mechanical and digital machines or any physical objects that are capable of gathering and sharing electronic data.
Internet of Things (IOT) security market is expected to witness impressive growth over the forecast period. Major factors that are driving the market are increasing ransomware attacks on IoT systems, increasing need for securing the ubiquitous environment, and surging need for data-centric security across various industry verticals.
Internet of Things (IoT) monetization market is expected to grow impressively over the forecast period 2019-2025. The internet of things (IoT) is a system comprising of interrelated computing devices, mechanical and digital machines, and objects that are capable of transfering a set of data over a network.
Internet of Things (IoT) energy market is expected to
grow at a significant rate during the forecast period
2019-2025. Internet of Things (IoT) has been witnessing increasing
implementation in numerous end-user industries across the globe. The
energy sector is one such area in which implementation of IoT is seen as
one of the path-breaking opportunities for the augmentation of the
market. IoT is being used in creating innovative grids which are
expected to create profits for energy companies and customers.
Internet of things(IoT) cloud platform market is
expected to grow at a considerable rate during the forecast period
2019-2025. Internet of Things (IoT) cloud platform is one of the cloud
platforms which is used for storing the IoT data. The key function of
the IoT cloud platform is that it takes a significant volume of data
from websites, devices, customers, and applications and process such
data to generate real-time responses.
Internet of Things (IoT) is the interconnection of embedded computing
like devices within the internet infrastructure. IoT is an emerging
technology that is increasingly adopted across the globe. IoT related
technologies like sensors, wearable, cloud and other related platform
are much in demand. The IoT sensor Market is anticipated to grow at a
significant CAGR of 30.4% during 2017-2022. The major factors that are
augmenting the growth of the market are growing demand for smart devices
and wearable and development of smarter and low prized sensor.
The global IoT Market is anticipated to grow at a CAGR of 25.2% during the forecast period. The increasing development of wireless networking technologies, rise in cloud platform adoption, miniaturization, and the emergence of advanced data analytics are the factors that are driving the global IoT market.