Global IoT Connectivity Market by Type (Data Management, Remote Monitoring, Real-time Flow Analysis, Others), By Application (Smart Manufacturing, Connected Health, Smart Retail, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global IoT connectivity market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for real-time flow analysis, remote monitoring, and data management services across different applications. The global IoT connectivity market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into data management, remote monitoring, real-time flow analysis, and others. The data management segment is expected to hold a major share of the global IoT connectivity market during the forecast period. This can be attributed to rising demand for big data analytics and cloud-based services across different industries.



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Product Definition:

IoT Connectivity is a term used to describe the various means by which devices can connect to the internet. Importance of IoT Connectivity lies in the fact that a majority of devices that we use on a daily basis are now able to connect and communicate with each other. With this connectivity, businesses are able to automate their workflows and operations, thus becoming more efficient and productive. Furthermore, consumers can now reap the benefits of smart technology in their homes through devices such as smart thermostats, lighting controls, and security systems. By having interconnected devices, we are able to control them all from one central location and receive real-time updates on their status or activity.

Data Management:

Data management is the process that's involved in organizing, storing, and protecting digital information. It also involves analyzing data for extracting meaningful insights from it. Data storage has become one of the major issues in recent years as there is a huge amount of data being generated every day due to social media, e-commerce websites, sensors and other connected devices. Moreover; this data needs to be stored for a long period so that we can analyze them later to get meaningful insights from them.

Remote Monitoring:

Remote monitoring is a technique where the engineer or tech support monitor's machine/products from their office. They can observe and check real-time data from the field, which helps them to resolve issues quicker and efficiently. It also reduces the number of visits to site for resolving issues as well as saves time & cost for company in terms of travel expenses & loss of productivity due to non-availability of workforce at remote locations.

Application Insights:

The others segment dominated the market in terms of application and accounted for a revenue share of over 40.0% in 2017. The growth can be attributed to the increasing adoption of connected health applications across various end-use industries such as healthcare, insurance, and banking among others. Moreover, real-time flow analysis is expected to witness significant growth over the forecast period owing to its wide applicability across several industry verticals such as oil & gas, manufacturing, power generation and transportation among others.

The smart retail segment is anticipated to exhibit considerable growth during the forecast period owing to an increase in demand for IoT solutions that enable customers¢â‚¬â„¢ digital experience by providing more personalized services through advanced analytics coupled with In-store Technology (IST). Furthermore, this technology helps retailers improve customer engagement through mobile payments and offers enhanced product information at store display which further propels market demand during the forecast period.

Regional Analysis:

The market in Asia Pacific and MEA is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing adoption of IoT technologies owing to factors such as rising disposable income, rapid urbanization, and growing industrialization. Moreover, increasing government initiatives for implementation of the Internet of Things (IoT) technology will drive regional market growth over the forecast period.

The North America region accounted for more than 25% revenue share in 2016 owing to early adoption of internet services & connectivity devices along with high disposable income levels among consumers.

Growth Factors:

Increasing demand for IoT connectivity from industrial and commercial sectors
Proliferation of low-cost, connected devices
Rising demand for data analytics and insights to drive business decisions
Emergence of new use cases for IoT connectivity across different industries
Growing need for secure and reliable communication networks


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Scope Of The Report
Report Attributes
Report Details
Report Title
IoT Connectivity Market Research Report
By Type
Data Management, Remote Monitoring, Real-time Flow Analysis, Others
By Application
Smart Manufacturing, Connected Health, Smart Retail, Others
By Companies
AT&T, Cisco, Verizon, Vodafone, Ericsson, Sierra Wireless, Orange Business Services, Telefónica, Telit, Particle, Huawei
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
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.

Global IoT Connectivity Market Report Segments:
The global IoT Connectivity market is segmented on the basis of:
Types
Data Management, Remote Monitoring, Real-time Flow Analysis, 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
Smart Manufacturing, Connected Health, Smart Retail, 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:
AT&T
Cisco
Verizon
Vodafone
Ericsson
Sierra Wireless
Orange Business Services
Telefónica
Telit
Particle
Huawei



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Highlights of The IoT Connectivity 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:
Data Management
Remote Monitoring
Real-time Flow Analysis
Others
By Application:
Smart Manufacturing
Connected Health
Smart Retail
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 IoT Connectivity 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

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