Market Overview:
The global IoT communication protocol market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for smart devices and the growing trend of IoT-enabled applications. The market is segmented on the basis of type, application, and region. On the basis of type, Wi-Fi accounted for a major share in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to its high bandwidth capacity and low latency as compared to other wireless technologies such as Bluetooth and Zigbee. Bluetooth Smart technology is expected to grow at a high rate during the forecast period owing to its low power consumption characteristics that make it suitable for battery-operated devices such as sensors and wearables. On the basis of application, consumer electronics held a dominant share in 2017 owing to rising demand for smart TVs, smartphones, tablets, gaming consoles etc., which are equipped with advanced features such as voice recognition or gesture control capabilities using IoT communication protocols. The automotive & transportation sector is also witnessing rapid growth due increasing adoption of connected cars across different regions worldwide. Building automation sector constitutes another key application area for IoT communication protocols where various building systems including security systems, HVAC systems etc.
Product Definition:
IoT communication protocol is a set of rules that governs how devices in an IoT network communicate with each other. The importance of IoT communication protocol is that it ensures that devices can reliably and securely communicate with each other, regardless of their location or manufacturer.
Wi-Fi:
Wi-Fi is a wireless technology for communication between mobile devices, computers, and other consumer electronic products. It provides high-speed data transfer at short distances from one device to another. Wi-Fi supports automatic network configuration and allows users to access the Internet more efficiently.
Bluetooth:
Bluetooth is a wireless technology for connecting electronic devices. It provides short-range communication (SRC) at low power consumption and is suitable for connected devices with low data rate requirements such as sensors, wearable electronics, and mobile phones. Bluetooth offers a simplex connectionless service that enables the users to establish connections with other Bluetooth-enabled devices or personal computers without using any names or addresses.
Application Insights:
The consumer electronics segment accounted for the largest revenue share in 2016 and is anticipated to continue its dominance over the forecast period. The growth can be attributed to increasing use of smartphones, tablets, and other smart devices that offer enhanced features such as connectivity with various appliances and equipment. Moreover, growing demand for smart home systems is also expected to drive the segment growth over the forecast period.
The automotive & transportation sector accounted for a significant revenue share in 2016 owing to extensive use of IoT communication protocols within this industry. Growing adoption of these technologies in cars (smartphones are connected via these protocols), trucks, trains, ships etc., provides opportunities for market players who provide solutions related to location tracking services or device control applications among others.
Regional Analysis:
The North American region dominated the market in 2017 and is expected to maintain its position over the forecast period. The growth can be attributed to increasing penetration of IoT devices, rising adoption of smart homes, and rapid technological advancements. Moreover, presence of major technology players such as Cisco Systems; Google Inc.; Apple Inc.; Samsung Electronics Co., Ltd; Qualcomm Technologies Inc.; among others is also contributing towards regional growth.
However, Asia Pacific region is projected to witness significant growth over the forecast period owing to increased adoption in industries such as healthcare and automotive & transportation which are characterized by a high degree of automation. Furthermore, growing demand for consumer electronics with advanced features such as voice control capabilities will drive industry expansion further.
Growth Factors:
- Increasing demand for IoT communication protocol in automotive and transportation sector
- Proliferation of smart devices and the growing trend of Bring Your Own Device (BYOD)
- Rising demand for low-power wide area networks (LPWANs)
- Emergence of 5G technology
- Growing popularity of cloud-based services
Scope Of The Report
Report Attributes
Report Details
Report Title
IoT Communication Protocol Market Research Report
By Type
Wi-Fi, Bluetooth, Zigbee, Bluetooth Smart
By Application
Consumer Electronics, Automotive & Transportation, Building Automation, Healthcare
By Companies
Ceva, Synopsys, Nxp Semiconductors, Stmicroelectronics, Texas Instruments, Mediatek, Enocean, Gainspan, Atmel, Mindtree
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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global IoT Communication Protocol Market Report Segments:
The global IoT Communication Protocol market is segmented on the basis of:
Types
Wi-Fi, Bluetooth, Zigbee, Bluetooth Smart
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
Consumer Electronics, Automotive & Transportation, Building Automation, Healthcare
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:
- Ceva
- Synopsys
- Nxp Semiconductors
- Stmicroelectronics
- Texas Instruments
- Mediatek
- Enocean
- Gainspan
- Atmel
- Mindtree
Highlights of The IoT Communication Protocol 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:
- Wi-Fi
- Bluetooth
- Zigbee
- Bluetooth Smart
- By Application:
- Consumer Electronics
- Automotive & Transportation
- Building Automation
- Healthcare
- 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 IoT Communication Protocol 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
IoT communication protocol is a set of rules that govern how devices and systems communicate with each other. IoT protocols can be used to manage data, control devices, and send commands to machines.
Some of the major companies in the iot communication protocol market are Ceva, Synopsys, Nxp Semiconductors, Stmicroelectronics, Texas Instruments, Mediatek, Enocean, Gainspan, Atmel, Mindtree.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IoT Communication Protocol 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 IoT Communication Protocol Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IoT Communication Protocol 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 IoT Communication Protocol 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 IoT Communication Protocol Market Size & Forecast, 2020-2028
4.5.1 IoT Communication Protocol Market Size and Y-o-Y Growth
4.5.2 IoT Communication Protocol Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Wi-Fi
5.2.2 Bluetooth
5.2.3 Zigbee
5.2.4 Bluetooth Smart
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Automotive & Transportation
6.2.3 Building Automation
6.2.4 Healthcare
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IoT Communication Protocol 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 IoT Communication Protocol 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Wi-Fi
9.6.2 Bluetooth
9.6.3 Zigbee
9.6.4 Bluetooth Smart
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 Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Automotive & Transportation
9.10.3 Building Automation
9.10.4 Healthcare
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Wi-Fi
10.6.2 Bluetooth
10.6.3 Zigbee
10.6.4 Bluetooth Smart
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 Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Automotive & Transportation
10.10.3 Building Automation
10.10.4 Healthcare
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Wi-Fi
11.6.2 Bluetooth
11.6.3 Zigbee
11.6.4 Bluetooth Smart
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 Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Automotive & Transportation
11.10.3 Building Automation
11.10.4 Healthcare
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Wi-Fi
12.6.2 Bluetooth
12.6.3 Zigbee
12.6.4 Bluetooth Smart
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 Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Automotive & Transportation
12.10.3 Building Automation
12.10.4 Healthcare
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Wi-Fi
13.6.2 Bluetooth
13.6.3 Zigbee
13.6.4 Bluetooth Smart
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) Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Automotive & Transportation
13.10.3 Building Automation
13.10.4 Healthcare
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 IoT Communication Protocol Market: Competitive Dashboard
14.2 Global IoT Communication Protocol Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ceva
14.3.2 Synopsys
14.3.3 Nxp Semiconductors
14.3.4 Stmicroelectronics
14.3.5 Texas Instruments
14.3.6 Mediatek
14.3.7 Enocean
14.3.8 Gainspan
14.3.9 Atmel
14.3.10 Mindtree
