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The increasing adoption of 5G networks is expected to drive the IoT market in the forecast period, as per The Business Research Company’s internet of things (IoT) market opportunities and strategies report.

The internet of things (IoT) market is expected to reach $0.76 trillion in 2025 at a rate of 25.7%. The internet of things (IoT) market is then expected to grow at a CAGR of 16.6% from 2025 and reach $1.65 trillion in 2030.

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Major players in the internet of things (IoT) market include Cisco Systems, Inc., Bosch Software Innovation GmbH, Microsoft Corporation, Intel Corporation, International Business Machine (IBM) Corporation.

Use of the IoT in the healthcare industry is a key trend gaining popularity in the IoT market. Remote monitoring in the healthcare industry has become possible due to Internet of Things (IoT)-enabled devices, unleashing the ability to keep patients safe and secure while also motivating physicians to provide exceptional treatment. The IoT is significantly changing the healthcare sector by redefining the space of devices and human involvement in the delivery of healthcare solutions.

The Global Internet Of Things (Iot) Market Is Segmented:
By Platform: Device Management, Application Management, Network Management

By End-Use Industry: BFSI, Retail, Government, Healthcare, Manufacturing, Transportation, IT And Telecom, Others

By Application: Building And Home Automation, Smart Energy And Utilities, Smart Manufacturing, Connected Logistics, Smart Retail, Smart Mobility And Transportation, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

TBRC’s Internet Of Things (Iot) Market Report Covers:

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Internet Of Things (IoT) Market Report 2022 – Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides thorough internet of things (IoT) market research, analyzes and forecasts internet of things (IoT) market size, internet of things (IoT) market share, internet of things (IoT) market players, internet of things (IoT) market trends, internet of things (IoT) market segmentation and geographies, leading competitor revenues, profiles and market shares.

TBRC’s internet of things (IoT) market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

The internet of things (IoT) market consists of sales of internet of things (IoT) systems and related services by entities that develop internet of things (IoT) systems. The internet of things (IoT), is a collection of interconnected smart devices, mechanical and digital machines, objects or people supplied with unique identifiers (UIDs) and the ability to transmit data across a network without needing human-to-human or human-to-computer interaction.

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