The global Internet of Things (IoT) connectivity market size reached USD 5.91 Billion in 2021 and is expected to register a significantly rapid revenue CAGR during the forecast period, according to the latest analysis by Emergen Research. Rising demand for high-performance computing devices for reducing equipment downtime is one of the major factors expected to continue to drive market revenue growth.
The Global IoT Connectivity Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2020-2027. The report studies the historical data of the IoT Connectivity market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report covers the currently fluctuating market scenario along with present and future assessment of the COVID-19 impact. The report encompasses the historical data, company overview, financial standing, and necessary information about the new and key players of the market.
The report studies the factors influencing the growth of the industry in the global market and offers accurate predictions about the growth pattern. The report pays special attention to the key elements of the market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies.
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Key Points of IoT Connectivity Market:
- Extensive coverage of the analysis of the IoT Connectivity market
- Key insights into the regional spread of the industry in key geographies
- Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
- Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the IoT Connectivity market
- Complete data about the key manufacturers and vendors in the IoT Connectivity market
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in RD activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
The report also discusses the key players involved in the market such as
Huawei Technologies Co., Ltd., Cisco Systems, Inc., ATT Intellectual Property, Telefónica, Telefonaktiebolaget LM Ericsson, Vodafone Group Plc., Verizon, Orange Business Services, Sierra Wireless, Hologram Inc
Key insights presented in the report:
- Market revenue shares by major business players, by type, by application, and market scope of global IoT Connectivity market
- Sales revenue by key players and new entrants
- Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
- Recent mergers, acquisitions, product launches, recent investments, and joint ventures
- Regional analysis to provide insight to recent trends and opportunities
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The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.
IoT Connectivity Market Segmentation:
Component Outlook (Revenue, USD Billion; 2019-2030)
- Hardware
- Software
- Services
Application Outlook (Revenue, USD Billion; 2019-2030)
- Building Home Automation
- Smart Energy Utility
- Smart Manufacturing
- Smart Grid
- Smart Retail
- Smart Transportation
- Others
The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
Regional Analysis of the IoT Connectivity Market:
The report sheds light on the region expected to dominate the IoT Connectivity market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the IoT Connectivity market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
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