Market Overview:
The global mobile connected smart objects market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for mobile connected smart objects across different applications such as media and entertainment, healthcare, transportation, manufacturing, retail, IT & telecom, energy & utilities and other applications. Additionally, the growing demand for Internet of Things (IoT) and big data analytics is also fueling the growth of this market. Direct connectivity accounted for a major share of the global mobile connected smart objects market in 2017. This can be attributed to the growing demand for direct connectivity solutions among various end-users owing to its advantages such as low latency and high bandwidth.
Product Definition:
Mobile Connected Smart Objects are physical objects that have been enhanced with connectivity and intelligence, allowing them to interact with their surroundings and users in new ways. The importance of Mobile Connected Smart Objects is that they represent a new category of devices that can bridge the gap between the physical and digital worlds, opening up a range of possibilities for innovative applications and services.
Direct Connectivity:
Direct Connectivity is a technology that enables devices to communicate directly without going through the network. It uses radio frequency (RF) for data transfer instead of using the traditional wire cable connection in between two devices. The Direct Connectivity market has been growing at a steady pace and has witnessed significant growth over the last few years owing to its cost-effectiveness, ease of use and short distance communication capability.
Indirect Connectivity:
Indirect connectivity is a communication between two devices or machines over some medium other than the direct link between the source and destination device. In mobile connected smart objects, indirect connectivity can be used to transfer data from one device to another using short-range wireless technologies such as Bluetooth and Wi-Fi.
Application Insights:
The media and entertainment segment accounted for the largest revenue share in 2016. The growth can be attributed to the increasing use of smart devices, such as smartphones and tablets, which enable users to access various forms of content including music, videos, books and magazines through applications. Furthermore, growing penetration of social networking websites has enabled users to watch their friends' posts through feeds directly on their mobile phones or tablets. This factor is expected to drive demand over the forecast period.
The healthcare segment is anticipated register a significant CAGR over the forecast period owing to rising demand for connected medical devices that provide real-time data about a patient¢â‚¬â„¢s health conditions during an emergency situation when there is no wired connection available with the help from 4G/LTE network provided by service providers such as AT&T Inc., Verizon Communications Inc., Sprint Corporation and T-Mobile US Inc.
Regional Analysis:
The Asia Pacific region is expected to emerge as a predominant region over the forecast period. The growth can be attributed to increasing smartphone penetration, rising investments in 4G network deployment, and advancements in coverage technologies. Moreover, the growing popularity of social media and e-commerce has led consumers to adopt new connected devices for various purposes such as home security systems, smart energy management systems among others.
North America is anticipated to witness significant growth over the next eight years owing to early adoption of IoT technology coupled with high disposable income levels among consumers. Additionally, government initiatives are also being undertaken in order for enterprises within this market segment to implement these mobile connected smart objects solutions across several industries such as healthcare & life sciences (insurance), transportation & logistics (ticketing) among others in order for them operate more efficiently and with greater customer satisfaction outcomes at lower costs than before implementation of these solutions across their organizations (BFSI).
Growth Factors:
- Proliferation of low-cost, connected sensors and devices: The cost of sensors and microcontrollers continues to decline, making it easier for manufacturers to add connectivity to a wide range of products.
- Advances in machine learning and artificial intelligence: Machine learning algorithms are becoming more sophisticated, enabling devices to become smarter and more autonomous. This will enable them to make better decisions about when and how to interact with people or other devices.
- Increased demand for data-driven services: As the amount of data generated by connected objects increases, so does the demand for services that can make use of that data effectively. This is driving the development of new platforms and applications that can help businesses harness the power of big data analytics.
- Development of new standards and protocols: A number of different standards bodies are working on developing open standards for connecting smart objects, which should help reduce fragmentation in this market segment . 5) Growth in the “internet-of-things” market: The overall market for internet-of things (IoT) products and services is expected to grow rapidly over the next few years, as businesses increasingly recognize the value proposition offered by these technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Mobile Connected Smart Objects Market Research Report
By Type
Direct Connectivity, Indirect Connectivity
By Application
Media And Entertainment, Healthcare, Transportation, Manufacturing, Retail, IT & Telecom, Energy & Utilities, Other
By Companies
Google, Samsung, General Electric, Bosch, Belkin, Insteon, Honeywell, Sony Corporation, Xiaom, 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
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Mobile Connected Smart Objects Market Report Segments:
The global Mobile Connected Smart Objects market is segmented on the basis of:
Types
Direct Connectivity, Indirect Connectivity
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
Media And Entertainment, Healthcare, Transportation, Manufacturing, Retail, IT & Telecom, Energy & Utilities, Other
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:
- Google
- Samsung
- General Electric
- Bosch
- Belkin
- Insteon
- Honeywell
- Sony Corporation
- Xiaom
- Philips
Highlights of The Mobile Connected Smart Objects 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:
- Direct Connectivity
- Indirect Connectivity
- By Application:
- Media And Entertainment
- Healthcare
- Transportation
- Manufacturing
- Retail
- IT & Telecom
- Energy & Utilities
- Other
- 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 Mobile Connected Smart Objects 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.
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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?
Mobile Connected Smart Objects are a new type of IoT device that can be connected to the internet and other devices. They can be used to control things like lights, fans, and appliances using apps or voice commands.
Some of the major players in the mobile connected smart objects market are Google, Samsung, General Electric, Bosch, Belkin, Insteon, Honeywell, Sony Corporation, Xiaom, Philips.
The mobile connected smart objects market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mobile Connected Smart Objects 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 Mobile Connected Smart Objects Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mobile Connected Smart Objects 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 Mobile Connected Smart Objects 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 Mobile Connected Smart Objects Market Size & Forecast, 2020-2028
4.5.1 Mobile Connected Smart Objects Market Size and Y-o-Y Growth
4.5.2 Mobile Connected Smart Objects 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 Direct Connectivity
5.2.2 Indirect Connectivity
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 Media And Entertainment
6.2.2 Healthcare
6.2.3 Transportation
6.2.4 Manufacturing
6.2.5 Retail
6.2.6 IT & Telecom
6.2.7 Energy & Utilities
6.2.8 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mobile Connected Smart Objects 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 Mobile Connected Smart Objects 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 Direct Connectivity
9.6.2 Indirect Connectivity
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 Media And Entertainment
9.10.2 Healthcare
9.10.3 Transportation
9.10.4 Manufacturing
9.10.5 Retail
9.10.6 IT & Telecom
9.10.7 Energy & Utilities
9.10.8 Other
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 Direct Connectivity
10.6.2 Indirect Connectivity
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 Media And Entertainment
10.10.2 Healthcare
10.10.3 Transportation
10.10.4 Manufacturing
10.10.5 Retail
10.10.6 IT & Telecom
10.10.7 Energy & Utilities
10.10.8 Other
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 Direct Connectivity
11.6.2 Indirect Connectivity
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 Media And Entertainment
11.10.2 Healthcare
11.10.3 Transportation
11.10.4 Manufacturing
11.10.5 Retail
11.10.6 IT & Telecom
11.10.7 Energy & Utilities
11.10.8 Other
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 Direct Connectivity
12.6.2 Indirect Connectivity
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 Media And Entertainment
12.10.2 Healthcare
12.10.3 Transportation
12.10.4 Manufacturing
12.10.5 Retail
12.10.6 IT & Telecom
12.10.7 Energy & Utilities
12.10.8 Other
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 Direct Connectivity
13.6.2 Indirect Connectivity
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 Media And Entertainment
13.10.2 Healthcare
13.10.3 Transportation
13.10.4 Manufacturing
13.10.5 Retail
13.10.6 IT & Telecom
13.10.7 Energy & Utilities
13.10.8 Other
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 Mobile Connected Smart Objects Market: Competitive Dashboard
14.2 Global Mobile Connected Smart Objects Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Google
14.3.2 Samsung
14.3.3 General Electric
14.3.4 Bosch
14.3.5 Belkin
14.3.6 Insteon
14.3.7 Honeywell
14.3.8 Sony Corporation
14.3.9 Xiaom
14.3.10 Philips
