The latest IoT Connectivity market research report is a compilation of the latest growth trends and the emerging market segments. The report adeptly draws reader’s attention to the ever-changing patterns of the IoT Connectivity industry and its prominent facets, infrastructural properties, and highly dynamic environment. The report lists down some critically important parameters that help the market bolster its global foothold and contribute substantially to future revenue generation. Our team of experts has included specific details related to the IoT Connectivity industry, such as product offerings, sales and revenue estimates, leading regions, key market contenders, and technological upgradation in the report.
The global Internet of Things (IoT) connectivity market size is expected to reach USD 4.52 Billion at a steady CAGR of 18.7% in 2028, according to latest analysis by Emergen Research. This steady market revenue growth can be attributed to increasing demand for IoT controlled devices in smart manufacturing, smart kitchen appliances, smart transportation, and smart grid systems. Rapid increase of IoT connectivity deployment in various applications such as Radio Frequency Identification (RFID), Bluetooth connectivity, cellular networks, satellite networks, Low Power Wide Area Network (LPWAN), and Wi-Fi connectivity are other key factors contributing significantly to global market growth.
Increasing focus on enhancing consumer experience and to provide improved data security and high-speed network connectivity as well as to improve support and maintenance services has been boosting deployment of IoT connectivity more recently. Technological advancements in communications and to deploy 5G networks and satellite networks to cater to rising demand for high-speed connectivity are factors also expected to fuel growth of the global Internet of Things connectivity market during the forecast period.
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The report by Emergen Research, titled ‘Global IoT Connectivity Market,’ studies a wide spectrum of factors impacting the performance of the IoT Connectivity market. The report includes a historical analysis of the market from 2017 to 2018 to provide the reader with a deep understanding of the current market scenario. Moreover, it offers accurate market estimations for the forecast period (2019-2028).
The report is the latest document encompassing the profound changes in the market dynamics and trends that followed the COVID-19 outbreak. The global health crisis has led to massive changes in the global economic scenario and, particularly, this business sphere. The pandemic has drastically affected the IoT Connectivity market with disruptions to supply chains and volatility in prices and demands. The remarkable impact of the pandemic on the IoT Connectivity industry and its crucial segments has been depicted in the report. However, the market is expected to regain momentum in the post-COVID scenario, as per market experts.
Competitive Landscape:
The research offers an in-depth survey about the performance of each key player in the IoT Connectivity market. It provides information about their current advancements and key market strategies. The IoT Connectivity report also aims to provide additional information about suppliers, buyers, and manufacturers. The study offers a comprehensive analysis of market share, consumption, growth rate, and product type, and application growth. It further offers comprehensive coverage of the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, and partnerships, among others. The company profiles of the established and new players have also been assessed in the IoT Connectivity report through effective analytical tools like SWOT analysis.
Top key Companies in IoT Connectivity Market are:
Huawei Technologies Co., Ltd., Jasper Technologies, Inc. (Cisco), AT&T Inc., Telefónica, S.A., Ericsson, Vodafone Limited, Verizon Communications, Orange Business Services, Sierra Wireless, and Hologram Inc.
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Segmentation Landscape:
The report further segments the IoT Connectivity market on the basis of product types and application spectrum offered in the market. The report also offers insights into the segment expected to show significant growth over the projected period. The study focuses on the growth rate of every segment and is explained through detailed graphs, figures, charts, and tables. These segments are analysed on the basis of present, emerging, and future trends. The regional segmentation provides current and forecast demand estimation for the IoT Connectivity industry in key regions.
Emergen Research has segmented the global IoT connectivity market on the basis of component, organization, application, end use, and region:
Some Key Highlights From the Report
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Regional Landscape:
The report gives a comprehensive analysis of the IoT Connectivity market at the global and regional level, and the forecast has been presented in terms of value and price for the period of 8 years from 2020-2027. The report covers an extensive study of the market drivers and restraints on the global scale and provides an impact analysis of those market drivers and restraints on the demand and supply ratio for the IoT Connectivity market throughout the forecast period.
The complete regional analysis covers:
The Global IoT Connectivity Market is formulated through extensive primary and secondary research, which is further validated and verified by industry experts and professionals. SWOT analysis and Porter’s Five Forces Analysis are used to examine and assess the market and its players. Moreover, the report also offers a feasibility study and investment return analysis to assist the readers in making strategic investment plans.
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Key takeaways of the Global IoT Connectivity Market report:
Overview of the TOC of the Report:
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