Global IoT Market Trends: Asset management, inventory management, fleet management in transportation as well as government security are the hottest areas for the growth of IoT market. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research. This new service will help enterprises to navigate the complex security landscape, allowing AWS customers to automate and streamline key components of cloud security. Data Processing with Edge Computing. Complete analysis on market dynamics, market status and competitive IoT Batteries view is offered. Information Technology & Telecommunication. The Industrial Internet of Things (IoT) Industry market study is in essence, a detailed evaluation of this industry that effectively covers all the aspects related to this vertical like the status of this industry over the projected timeframe and the primary development trends of the market, over the estimated duration. Posted on December 31, 2020 by premiummarketinsights. - Increasing number data breaches, emergence of smart cities, are some of the factors driving the market. Devices, like connected fridge, that can automatically re-order milk, cheese, or any other product that is running low, are being introduced by major electronics manufacturers, like Samsung and LG. This robust growth is expected to be driven by the increased industry focus on deploying a connected ecosystem and the standardization of 3GPP cellular IoT technologies. Additionally, the use of e-commerce platforms is rapidly increasing owing to the ease of shopping and increasing smartphone penetration in the market, which is likely to boost the market. The Wall Scanner market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. This is changing the way industries approach increasingly complex processes of systems and machines to improve efficiency and reduce downtime. 4.6.5 Intensity of Competitive Rivalry 1.1 Study Assumptions and Market Definition, 4.2.1 Increasing Adoption of Connected Devices and Technology Proliferation, 4.2.2 Rapid Growth and Technological Advancements in Data Analytics, 4.3.1 Issues Related to Security and Privacy of Data and Connectivity of Devices and Interoperability, 4.6.2 Bargaining Power of Buyers/Consumers, 8. Some of the key players in the market are Symantec Corporation, IBM Corporation, Check Point Software Technologies Ltd., Intel Corporation, Hewlett Packard Enterprise Company, Cisco Systems Inc., Fortinet Inc., Trustwave Holdings, Gemalto NV (Thales Group), among others. Additionally, 25% of North American homes boast more than two devices. This will further grow to 5.8 billion by 2020 with an expected increase of 21%. Some of the major players in the market are Cisco Systems, Inc., Google, Inc., IBM Corporation, Microsoft Corporation among others. MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Published on: Jan 2020 | From USD $4250 | Published By: MORDOR INTELLIGENCE | Number Of Pages: 102, Market Overview Moreover, the region has a strong foothold of IoT vendors, which contributes to the growth of the market. Forecast Global IoT Batteries Industry trends will present the market drivers, constraints and growth opportunities. Increasing smart home adoption is a major trend in boosting the market. Industry 4.0 and IoT are at the center of new technological approaches for development, production, and management of the entire logistics chain, otherwise known as smart factory automation. 5.1.3 Application Security IoT has combined hardware and software with the internet to create a more technically-driven environment. Big Data Convergence. This market is characterized by growing levels of product penetration, moderate/high product differentiation, and high levels of competition. Such instances are propelling the government and the related organizations to deploy IoT security solutions to mitigate the damages. SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. The network security segment covers various subsegments, such as firewalls, servers, VPN, IDS, IPS, WIDPS, gateway, and network hardware. The widespread IoT Security market opportunities and trends are also taken into consideration in IoT Security industry. The region is also estimated to have 13.1 billion networked devices/connections by 2022, up from 8.6 billion in 2017. Compaction process of HBI is less porous and reactive than DRI; therefore, it does not create self-heating issues. 1) An overview of the global market for IOT in Testing and related technologies. April 2019 - IBM Corporation announced a collaboration with Sund & Bælt, which owns and operates some of the largest infrastructures in the world, to assist in IBM's development of an AI-powered IoT solution designed to help prolong the lifespan of aging bridges, tunnels, highways, and railways. NICT predicts that the number of cyberattacks may reach 30 billion devices by 2020, when compared to 15 billion devices in 2015. 4.4.1 Growing Complexity among Devices, Coupled with the Lack of Ubiquitous Legislation March 2020 - Microsoft & Cisco Systems announced a partnership to enable seamless data orchestration from Cisco IoT Edge to Azure IoT Cloud. However, the vendors are taking opportunity in the Covid-19 pandemic situation by offering emerging technology-enabled solutions to the healthcare organizations. Let’s take a look at the 10 IoT trends to pay attention to in 2018. There are various smart devices, such as sensors, smartphones, and wearables, which collect necessary data from the devices which are further utilized to enhance customer’s experience. According to Ericsson, it is estimated that nearly 400 million IoT devices, with cellular connections in 2016, are projected to reach 1.5 billion by 2022. Moreover, owing to the recent outbreak of Covid-19, IoT investment and deployments are ecratinly slowing down. 4.6.1 Threat of New Entrants - According to the National Institute of Information and Communication Technology (NIICT), there has been a significant increase in the number of cyberattacks to IoT Devices. The … This report provides detailed historical analysis of global market for Built-in Hot-tubs from 2013-2018, and provides extensive market forecasts from 2019-2028 by region/country and subsectors. Network Security Is Expected to Witness the Fastest Growth Rate However, with the advancement in the security access across the industrial services, new players are increasing their market presence thereby expanding their business footprint across the emerging economies. This interconnectivity of devices through the internet opens them up to a number of serious vulnerabilities if they are not properly protected. The increasing need for data analysis and integration of analytics is expected to propel the utilization of the Internet of Things market over the forecast period. 6.1.1 Broadcom Inc. (Symantec Corporation) PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. All Rights Reserved to Mordor Intelligence. This enables retailers to gain insights about product performance and find new ways of customer engagement with both new and existing customers. Market Synopsis of IoT Market:, Market Scenario:, The internet of things are networking smart devices fixed with software electronics sensor and network connectivity that can permit these objects to interchange the information. Top 20 Emerging IoT Trends 1. 5.1.1 Network Security - According to the Cisco VNI report, by 2022, the region may have 2.6 billion internet users (62% of the population), up from 1.7 billion (41% of the population) in 2017. Those include artificial intelligence, connected and hybrid clouds, edge computing, cellular IoT innovation through 5G, and more. Notably, 66% of homes in the region have at least one IoT device. In February 2020, Cisco announced enhancements to its IoT portfolio that enable service provider partners to provide optimized management of cellular IoT environments and new 5G use-cases. The increasing need for data analysis and integration of analytics is expected to propel the utilization of the Internet of Things market over the forecast period. Industrial IoT market is expected to reach market growth at a rate of 15.2% in the forecast period of 2020 to 2027. The growing adoption of IoT technology across end-user industries, such as manufacturing, automotive, and healthcare, is driving the market’s growth positively. With the development of wireless networking technologies, the emergence of advanced data analytics, a reduction in the cost of connected devices, an increase in cloud platform adoption, the market is expected to grow at a positive rate. 4.6 Industry Attractiveness - Porter's Five Force Analysis 5.4.4 Latin America To understand key trends, Download Sample Report. The market appears to be fragmented due to the presence of many technological giants in the market. The Trustwave Fusion platform is purpose-built to meet the enterprise, where it is involved in operations as it embraces digital transformation and contend with a continuously evolving security landscape. Enterprise network hardware alone was valued at USD 52 billion. The Global IoT in Automotive Market report provides a holistic evaluation of the Market for the forecast period (2019–2026). 4.2 Introduction to Market Drivers and Restraints The global enterprise IoT market 2020 is slated to expand up to USD 58 Billion by 2023, at 26% of CAGR over the prognosis period (between 2017 and 2023). Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. 4.1 Market Overview These objects collect and exchange the data using sensors embedded within them. IoT does not only emphasized changing the way of living and doing business, but it also keeps... 2. 6.1.3 Check Point Software Technologies Ltd. IoT in education market - Overview Rise in the use of mobile and Internet of Things (IoT)-enabled devices has transformed several industries, including automotive, health care, and retail. Paid data sources include third party authentic industry databases. 5 MARKET SEGMENTATION IoT technology has been enabling retailers across the globe to connect with both businesses and people. The internet of things (IoT) market was valued at USD 1490.34�million in 2019, and it is expected to reach a value of USD 7994.97�million by 2025, registering a CAGR of 31.87% over the forecast period (2020 - 2025).� The emerging applications and business models, coupled with the falling device costs, have been driving the adoption rate of IoT, which is, consequently, influencing the number of connected devices, such as�connected cars, machines, meters, wearable, and consumer electronics.� - The market estimate (ME) sheet in Excel format - Increasing dependency on the connected devices is creating the need to keep the connected device secure. IoT in utility market is expected to reach USD 78.46 billion by 2027 witnessing market growth at a rate of13.4% in the forecast period of 2020 to 2027. - Report customization as per the client's requirements Cisco’s new solutions enable the collection and extraction of data from the IoT edge so organizations can increase efficiencies to make better business decisions and accelerate digitization projects. 4.3.2 Emergence of Smart Cities January 2020 - Cisco introduced an IoT security architecture that provides enhanced visibility across both IT and IOT environments and protects processes. IoT is also expected to make a huge transformation to various areas, like replenishment of goods. Massive shifts in manufacturing due to industry 4.0 and acceptance of IoT require enterprises to adopt agile, smarter, and innovative ways to advance production with technologies that complement and augment human labor with robotics and reduce industrial accidents caused by a process failure. Rising demand for HBI to overcome problems associated with DRI during shipping and handling is driving the global hot briquetted iron (HBI) market. The 7 Biggest Technology Trends In 2020 Everyone Must Get Ready For Now. 5.3.3 Government The growing trend of adopting BYOD and IoTs in enterprises is increasing the security concerns of attacks on enterprise networks. This new service is anticipated to help enterprises to navigate the complex security landscape, allowing AWS customers to automate and streamline critical components of cloud security. Tie ups with top publishers around the globe. 5.4 Geography Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report. 5.3.5 Energy & power "Advancement in Connectivity Technologies (5G) and Investment in New Network Infrastructure Assists Market to Exhibit Healthy CAGR in Europe and APAC" Asia Pacific generated a revenue of US$ 74.5 Bn in 2018 and is projected to emerge as a leading region in the global internet of things (IoT) market during the forecasted period. The massive industrialization and the rising number of mobile device users in Asia-Pacific also indicate that the region is expected to witness significant growth. 5.3.7 Others End-user Industries 2 RESEARCH METHODOLOGY Global IoT Security market Report 2020 presents critical information and factual data about the IoT Security market, providing an overall statistical study of this market on the basis of market drivers, market limitations, and its future prospects. As the Internet of Things (IoT) permeates homes, cities and office buildings as well as industries like retail and health care, It’s clear that connected devices are changing how people interact China has the world’s largest IoT market, boasting 64 percent of the 1.5 billion global cellular connections including the rapidly growing Mobile IoT licensed LPWA technologies2. The IoT Security market is moderately competitive and consists of a few significant market players operating across the global market. Competitive Landscape 6 COMPETITIVE LANDSCAPE 4.5 Industry Value Chain Analysis Report scope can be customized per your requirements. 6.1.9 Gemalto NV 4.6.3 Bargaining Power of Suppliers Because trends do not occur in a vacuum, the report provides context through market sizing, workforce dynamics, and other references to supporting data. 4.6.4 Threat of Substitute Products AI-as-a-service . It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Built-in Hot-tubs market. Description; Table of contents; Request Sample; Buy Now. 4 MARKET DYNAMICS Top 10 Internet of Things (IoT) trends that will rule in 2020 Gartner forecasts that by the end of 2019, enterprise and automotive IoT (Internet of Things) sector is expected to integrate 4.8 billion endpoint devices rounded to 21.5% up from the previous year. 5.3.1 Automotive The scope of study on IoT market is structured to track the spending on hardware, platforms and services across end user industries, such as manufacturing, transportation, retail, healthcare, energy and utilities, and other end-user industries. To g… Global IoT Healthcare Market Size & Trends Will Grow to USD 21,004 Million By 2025, Demand Growing rapidly, at CAGR 12.59%: Facts & Factors The internet of things (IoT) market is highly competitive owing to the presence of many large and small players in the market operating in the domestic as well as in the international market. Top IoT Trends to Rule in 2019 As we look onward into 2019, let's reflect on the top trends in IoT and related disciplines. However, one of the significant beneficiaries of Internet of Things (IoT) is the education sector. 5.1.2 End-point Security 5.1.4 Cloud Security 5.4.2 Europe Hot Briquetted Iron (HBI) Market: Trends & Demands. The internet of things technology helps in connecting various smart devices together to ease the operation and sharing of data amongst themselves. 1.2 Study Assumptions - 3 months of analyst support, 1 INTRODUCTION The Internet of Things (IoT) Market is segmented by Type (Hardware, Software/Platform, Connectivity, Services), Industry Vertical (Manufacturing, Transportation, Healthcare, Retail, Energy and Utilities, Residential), and Geography. The IoT is not going anywhere anytime soon. Industrial IoT Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025. 5.4.3 Asia-Pacific 6.1.7 Infineon Technologies AG According to a study at Stanford University and Avast, North American homes have the highest density of IoT devices of any region in the world. 7 INVESTMENT ANALYSIS Smart devices have become commonplace in classrooms. According to Symantec's report, three kinds of DDoS associated malware, such as LightAidra, Kaiten, and Mirai, collectively accounted for nearly 80% of the 2018 year's IoT attacks. - To date, the majority of the IoT based attacks have occurred in DDoS form. 8 MARKET OPPORTUNITIES AND FUTURE TRENDS. The Political, Social, Technology, and Economic trends in the Global IoT market are covered in a section separately, similarly Porter’s Five Forces are also covered in detailed. Greater Consumer Adoption. 3 EXECUTIVE SUMMARY 5.3.6 Retail Asia-Pacific, however, is 35% more likely to be targeted by advanced cyber attacks when compared to the world, according to a report by FireEye. - Many vendors in the market are emphasizing on providing solutions specific to tackle issues related to network security. - IoT networks are the prominent targets and the primary concern for enterprises across the world. Adobe Stock. MARKET OPPORTUNITIES AND FUTURE TRENDS, Nanakramguda Rd, Financial District, Gachibowli. EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external. The average household in the region would have an average of 9 devices by 2022, and nearly half (48%) of total devices and connections will be video capable. 5.2.2 Services - Asia-Pacific is the most prominent region for the adoption of IoT, owing to smart city projects being built in the region. The Opportunity Analysis Chapter identifies the high growth market in various segments. Artificial Intelligence (AI) is one of the most transformative tech evolutions of our times. For instance, Palo Alto Networks is delivering IoT security as an integrated service through the firewall; the capability was due to the recent acquisition of Zingbox by Palo Alto Networks.Such initiatives by various vendors are expected to mitigate the network threats over the forecast period and drive the market demand for the network security segment. It also includes discussion on historical trends, current market status, competitive landscape, growth opportunities and challenges which are backed by factful feedbacks. New wireless technologies such as 5G, Wi-Fi 6 – would lead to more devices and new IIoT use cases and would give service providers the tools to create competitive cellular IoT offerings for their customers. The Global IoT Chip Market report provides a holistic evaluation of the market for the forecast period. 4.4 Market Restraints 6.1.6 FireEye Inc. 1.3 Scope of the Study 5.3 By End-user Industry 5.4.5 Middle East & Africa 5.2.1 Software North America is expected to be a prominent market, owing to the growing role of IoT among the significant revenue-generating end-user industries of the region, driven by the deployment of connected cars, smart energy projects, home automation, and focus on smart manufacturing. IoT security is the technological area concerned with mitigating cyber threats regarding connected devices and networks in the internet of things. 4.6.2 Bargaining Power of Buyers/Consumers To understand geography trends, Download Sample Report. The interrelated nature of technology – where elements of infrastructure, software, data and services come together—means trends tend to unfold in a step-like manner. 5.3.4 Manufacturing 6.1.10 AT&T Inc. Asia-Pacific Occupies The Largest Market Share For instance, at the end of January, the Shanghai Public Health Clinical Center (SPHCC) has used the California-based connected health startup VivaLNK’s continuous temperature measuring device to monitor COVID-19 patients, which therefore reduces the risks of caregivers being exposed to the virus. REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. 6.1.2 IBM Corporation Our Report’s database covers almost all topics of all regions over the Globe.. Market Scenario Identification of building intruders and the use of indoor surveillance events, can drive volume and becoming the second-largest IoT customer, thereby increasing the global Enterprise IoT Market valuation. 6.1.11 Palo Alto Networks Inc. IoT involves adding internet connectivity to a system of interrelated computing devices, mechanical and digital machines, objects, and/or people. In terms of market share, some of the players currently dominate the market. One of the outcomes of this collaboration would be to provide customers a pre-integrated IoT edge-to-cloud application solution. Reasons to Purchase this report: 5.3.2 Healthcare : 4893, Pepper drive, Harrisburg ,NC 28075,United States. The global IoT market is expected to reach a value of USD 1,386.06 billion by 2026 from USD 761.4 billion in 2020 at a CAGR of 10.53%, during the period 2021-2026. Market Segment by Applications, can be divided into Residential Applications Commercial Applications The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Built-in Hot-tubs product scope, market overview, market opportunities, market driving force and market risks. 6.1 Company Profiles The global IoT market is expected to reach a value of USD 1,386.06 billion by 2026 from USD 761.4 billion in 2020 at a CAGR of 10.53%, during the period 2021-2026. The global industrial IoT market reached a value of US$ 126 Billion in 2019. The five-year forecast view shows how the market is expected to grow in coming years. 5.2 By Solution Key Market Trends 6.1.8 Trustwave Holdings However, with major disruptions in global healthcare and supply chains, governments, hospitals, insurers, and logistics providers are having to react quickly for a more connected world that could help better address the current crisis and mitigate future ones. The internet of things (IoT) market was valued at USD 1490.34Êmillion in 2019, and it is expected to reach a value of USD 7994.97Êmillion by 2025, registering a CAGR of 31.87% over the forecast period (2020 - 2025).Ê The emerging applications and business models, coupled with the falling device costs, have been driving the adoption rate of IoT, which is, consequently, influencing the number of … Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. 6.1.5 Hewlett Packard Enterprise Co. The basic weakness that IoT has is that it adds up devices behind the firewall... 3. Emerging Trends in IoT in Transportation Market In-Depth Analysis & Global Outlook by 2016-2023 | Scope & Future Growth Prospects Focusing Top Key Players like Alcatel-Lucent, AT&T Inc., Garmin International Inc., IBM Corp . 6.1.4 Intel Corporation 5.1.5 Others Scope of the Report 1.1 Study Deliverables 5.4.1 North America For instance, according to IT Candor, the size of the global network hardware market during fiscal 2018 was valued at USD 181 billion. The IoT allows the entity to be controlled barely across standing network infrastructure. Machine-to-machine connections are anticipated to rise 19% and account for 50% of all connections by 2023, according to Cisco's 2020 Annual Internet Report. IoT is a network of internet-connected objects. Additionally, rapid digitalization across industry verticals and technological advancements have further fueled the growth of IoT in this region. - According to the IBM X-Force threat intelligence report, in 2018 it was recorded an increase of 5,400% in the number of IoT vulnerabilities over the number reported just five years earlier. Another primary market in the region is the home automation systems. - In 2019, for instance, Symantec Corp. announced a new service that enables its Cloud Workload Protection (CWP) solution and AMZN GuardDuty from Amazon, to provide automated remediation and enhanced threat intelligence for Amazon Web Services (AWS) workloads and storage. 5.1 By Type of Security The malware used botnet, which enlisted over 150,000 devices to send 1TB of data per second at the vendor's servers. Some of them include IBM Corporation, Microsoft Corporation, Intel Corporation, Cisco Systems, Inc., and Google Inc, among others. 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