MRRS adds "Internet of Things Technology Market – Forecast to 2022" latest studies,published in December 2016. It is a professional and in-depth study.

The Internet of Things technology market size, in terms of value is expected to grow from USD 130.33 billion in 2015 to USD 883.55 billion by 2022, at a CAGR of 32.4% between 2016 and 2022.
The Internet of Things technology market is driven by factors such as increasing Internet connectivity worldwide, increasing demand for the smartphones & other connected devices, increasing adoption of wireless sensors, and mainstreaming of cloud computing. The increasing government funding across globe for research and development in IoT and scope for innovative cross-domain application provide significant growth opportunities in the market.
The automotive and transportation application is expected to hold the largest share of the Internet of Things technology market by 2022, whereas the consumer electronics application is expected to witness highest growth between 2016 and 2022. IoT is changing the technological landscape across all industry verticals, and organizations are seeking ways to make improvements amidst the evolution.

Figure And Tables

TABLE 1 GROWING PENETRATION OF SMARTPHONES AND OTHER CONNECTED DEVICES PROPELLING THE GROWTH OF THE IOT MARKET 50
TABLE 2 LACK OF COMMON COMMUNICATION STANDARDS ACROSS PLATFORMS RESTRAINING THE MARKET GROWTH 51
TABLE 3 INNOVATIVE CROSS DOMAIN APPLICATIONS - AN EXCITING GROWTH OPPORTUNITY 53
TABLE 4 DATA SECURITY AND PRIVACY – A KEY CHALLENGE FOR IOT TECHNOLOGY COMPANIES 53
TABLE 5 IOT TECHNOLOGY MARKET SIZE, BY HARDWARE, 2013–2022 (USD BILLION) 62
TABLE 6 IOT TECHNOLOGY MARKET FOR HARDWARE, BY REGION, 
2013–2022 (USD BILLION) 63
 ...
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