Market Overview:
The global internet of things devices market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart wearables, smart home appliances, and other internet of things devices across different applications such as healthcare, industrial, transportation and logistics, media and entertainment, and others. Additionally, the growing adoption of cloud-based services is also contributing significantly to the growth of this market.
Product Definition:
The term "Internet of Things" (IoT) is used to describe a network of physical objects or "things" that are embedded with electronics, software, sensors, and network connectivity that allows these objects to collect and exchange data. The IoT enables objects to be sensed and controlled remotely across existing networks, creating opportunities for more efficient energy use, improved safety and security, better asset management, increased productivity and innovation. Importantly, the IoT can also create new services and revenue streams for businesses.
Computing Devices:
Computing devices are electronic devices that can be programmed to carry out sequences of instructions. They have a processing unit, memory, and input/output (I/O) interfaces. The most common types of computing devices include smartphones, tablets, personal computers (PC), laptops, desktops; they vary in size and complexity as per their applications.
Smart Wearables:
Smart wearables are devices that can be connected to the internet, and through this connection provide information about the physical body. They consist of sensors, which help in collecting physiological data such as heart rate, blood oxygen level etc., and also wirelessly connect this data with an online account. The smart wearable market is expected to witness significant growth over the forecast period owing to increasing demand for health monitoring devices among sports enthusiasts and fitness conscious people across the globe.
Application Insights:
The global internet of things devices market has been segmented on the basis of application into healthcare, industrial, transportation and logistics, media and entertainment, hospitality and residential applications. The healthcare segment dominated the overall industry in terms of revenue share in 2017. Internet-connected medical devices are gaining popularity as they offer enhanced connectivity with other health systems such as smartphones or wearables. Moreover, these devices can collect data from patients which is further processed by cloud servers thereby offering a better experience to users regarding data access at any time through web browsers. This trend is expected to drive growth over the forecast period for IoT applications in various end-use industries such as manufacturing or automotive among others which require smart connected equipment for improving processes or tracking down problems during operation.
Regional Analysis:
The market in the Asia Pacific region is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing penetration of IoT devices in various industrial, manufacturing, and supply chain applications. Additionally, rising adoption of smart wearables such as fitness monitors and smart jewelry is also expected to drive demand for global internet of things devices market in this region.
The North American regional market held a substantial share owing to early adoption of technologies across various industries such as healthcare & life sciences, transportation & logistics, energy & utilities among others. Moreover, growing focus on reducing operational costs across several organizations has led them towards implementing IoT solutions thereby driving demand for global internet of things devices industry over the forecast period.
Europe accounted for approximately 25% revenue share in 2017 owing to high penetration rates and increased deployment due to changing regulatory scenarios across countries such as U-K.
Growth Factors:
- Increasing demand for smart devices and gadgets
- Proliferation of low-cost sensors and microcontrollers
- Growing demand for data analytics and insights
- Advances in wireless communication technologies
- Emergence of new business models
Scope Of The Report
Report Attributes
Report Details
Report Title
Internet of Things Devices Market Research Report
By Type
Computing Devices, Smart Wearables, Smart Home Appliances, Others
By Application
Healthcare, Industrial, Transportation and Logistics, Media and Entertainment, Others
By Companies
Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Samsung Electronics, Brother Industries, Honeywell, Fitbit, Lenovo, Xiaomi, Recon Instruments, Nikon, August Home, Philips
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Internet of Things Devices Market Report Segments:
The global Internet of Things Devices market is segmented on the basis of:
Types
Computing Devices, Smart Wearables, Smart Home Appliances, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Healthcare, Industrial, Transportation and Logistics, Media and Entertainment, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Samsung Electronics
- Apple
- Lenovo
- ASUS
- Acer
- Huawei
- Coolpad
- LG Electronics
- Panasonic
- Samsung Electronics
- Brother Industries
- Honeywell
- Fitbit
- Lenovo
- Xiaomi
- Recon Instruments
- Nikon
- August Home
- Philips
Highlights of The Internet of Things Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Computing Devices
- Smart Wearables
- Smart Home Appliances
- Others
- By Application:
- Healthcare
- Industrial
- Transportation and Logistics
- Media and Entertainment
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Internet of Things Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The Internet of Things (IoT) is a network of devices that are interconnected to enable communication and data sharing. These devices can include anything from cars to home appliances, and they are constantly collecting data about their surroundings. This information can be used for a variety of purposes, including monitoring health and safety, managing resources, and tracking inventory. The IoT is growing rapidly because it allows companies to collect massive amounts of data without having to invest in expensive infrastructure or personnel.
Some of the key players operating in the internet of things devices market are Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Samsung Electronics, Brother Industries, Honeywell, Fitbit, Lenovo, Xiaomi, Recon Instruments, Nikon, August Home, Philips.
The internet of things devices market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Internet of Things Devices Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Internet of Things Devices Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Internet of Things Devices Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Internet of Things Devices Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Internet of Things Devices Market Size & Forecast, 2018-2028 4.5.1 Internet of Things Devices Market Size and Y-o-Y Growth 4.5.2 Internet of Things Devices Market Absolute $ Opportunity
Chapter 5 Global Internet of Things Devices Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Internet of Things Devices Market Size Forecast by Type
5.2.1 Computing Devices
5.2.2 Smart Wearables
5.2.3 Smart Home Appliances
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Internet of Things Devices Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Internet of Things Devices Market Size Forecast by Applications
6.2.1 Healthcare
6.2.2 Industrial
6.2.3 Transportation and Logistics
6.2.4 Media and Entertainment
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Internet of Things Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Internet of Things Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Internet of Things Devices Analysis and Forecast
9.1 Introduction
9.2 North America Internet of Things Devices Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Internet of Things Devices Market Size Forecast by Type
9.6.1 Computing Devices
9.6.2 Smart Wearables
9.6.3 Smart Home Appliances
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Internet of Things Devices Market Size Forecast by Applications
9.10.1 Healthcare
9.10.2 Industrial
9.10.3 Transportation and Logistics
9.10.4 Media and Entertainment
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Internet of Things Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Internet of Things Devices Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Internet of Things Devices Market Size Forecast by Type
10.6.1 Computing Devices
10.6.2 Smart Wearables
10.6.3 Smart Home Appliances
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Internet of Things Devices Market Size Forecast by Applications
10.10.1 Healthcare
10.10.2 Industrial
10.10.3 Transportation and Logistics
10.10.4 Media and Entertainment
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Internet of Things Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Internet of Things Devices Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Internet of Things Devices Market Size Forecast by Type
11.6.1 Computing Devices
11.6.2 Smart Wearables
11.6.3 Smart Home Appliances
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Internet of Things Devices Market Size Forecast by Applications
11.10.1 Healthcare
11.10.2 Industrial
11.10.3 Transportation and Logistics
11.10.4 Media and Entertainment
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Internet of Things Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Internet of Things Devices Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Internet of Things Devices Market Size Forecast by Type
12.6.1 Computing Devices
12.6.2 Smart Wearables
12.6.3 Smart Home Appliances
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Internet of Things Devices Market Size Forecast by Applications
12.10.1 Healthcare
12.10.2 Industrial
12.10.3 Transportation and Logistics
12.10.4 Media and Entertainment
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Internet of Things Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Internet of Things Devices Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Internet of Things Devices Market Size Forecast by Type
13.6.1 Computing Devices
13.6.2 Smart Wearables
13.6.3 Smart Home Appliances
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Internet of Things Devices Market Size Forecast by Applications
13.10.1 Healthcare
13.10.2 Industrial
13.10.3 Transportation and Logistics
13.10.4 Media and Entertainment
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Internet of Things Devices Market: Competitive Dashboard
14.2 Global Internet of Things Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsung Electronics
14.3.2 Apple
14.3.3 Lenovo
14.3.4 ASUS
14.3.5 Acer
14.3.6 Huawei
14.3.7 Coolpad
14.3.8 LG Electronics
14.3.9 Google
14.3.10 Panasonic
14.3.11 Samsung Electronics
14.3.12 Brother Industries
14.3.13 Honeywell
14.3.14 Fitbit
14.3.15 Lenovo
14.3.16 Xiaomi
14.3.17 Recon Instruments
14.3.18 Nikon
14.3.19 August Home
14.3.20 Philips