Global IoT Market By TechnologyLocation: San Diego, CA
Date: 2018-12-18Global IoT Market By Technology is estimated to surpass $1 Trillion marks in 2019 and to reach USD 2.12 Trillion by 2024, at CAGR of 17.21% during the forecast period 2016-2024 globally.
IoT Technology is having a major impact on businesses and consumers alike consequently changing the face of the global economy in the upcoming future. Accordingly, 30 Billion Devices are to be connected to the internet by 2020. Also, as per our research, 96% of global businesses consider IoT important to better monitor and control physical assets; efficiency being the major driving force. An efficient IoT market to manage such high device volumes, diversity and geographies is the need of the time
Global IoT Market By Technology
Maximize Market Research has comprehensively analyzed Global IoT Market by Technology emphasizing on each and every segment keeping global and regional dynamics in perspective. The driving forces, as well as considerable restraints, have been explained in depth to attain a balanced scenario. The report classifies Global IoT Market by Technology into various segments such as Hardware, Software, Connectivity Type, Services and Regions providing a thorough understanding of the IoT Technology Ecosystem. Importantly, the report delivers forecasts of the market, giving an insight into the future opportunities that exist in the Global IoT Market, by Technology.
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