Fatpos Global has released a report titled “Internet of things market - Analysis of Market Size, Share & Trends till 2020 and Forecasts to 2030” which is anticipated to portray a CAGR of XX% between 2020 and 2030. According to the report Internet of things market size was registered at USD 150 Billion in 2019. Factors such as increased focus on remote monitoring, growing smart payments technology in order to minimize human interaction in cash payments and rising wearable devices demand drive the market growth.

Request For Research Methodology @ https://www.fatposglobal.com/reports/internet-of-things-market/39

The market report on Internet of things market includes in-depth insights as:
• Cloud computing market size was registered at USD 150 Billion in 2019.
• With the outbreak of Covid-19, a majority of operations have been compromised which has forced organizations to function in a non optimized manner thus they are looking for innovative areas that can improve their revenue by a small percentage.
• North America holds the largest market share of IoT due to various factors such as no initial lockdown in country, large number of immigrants and presence of large number of virus carriers.
• By technology it can be classified into software segment, platform and services.
• By Vertical it can be further divided into Banking financial services and insurance, Healthcare, Retail, Transportation, Utilities and Government and defense.
• APAC may overtake it during the forecast period due to the increasing demand of IoT in developing countries such as India, Australia and China. Covid-19 has slowed down the economies; however digitalization and technological advancements in such countries will keep demand for IoT in verticals such as utility and healthcare.
The internet of things (IoT) is a system of interrelated computing devices, objects, animals, mechanical and digital machines or people that are provided with unique identifiers along with the ability to transfer data over a network without human interaction. An IoT ecosystem consists of web-enabled smart devices that use embedded systems to collect, send and process data. They share data by connecting to an IoT gateway, where data is sent to the cloud to be analyzed .The technological advancements has led the use of IoT in applications such as building and home automation, infrastructure, consumer smart home applications, environmental monitoring, medical and healthcare, etc. The growing demand for connected smart devices is driving the growth of the IoT market with a CAGR of around 17.56%.

Key Players in the Market
IBM (US), Royal Phillips (Netherlands), Stanley Healthcare (US), Microsfot (US), Oracle (US), Bosch (Germany), CloudMinds (US), XAG (China), CBT (US), PTC (US), Rockwell Automation (US), Honeywell (US), GE Digital (US), Intel (US), Siemens (Germany), Ericsson (Sweden), Hitachi Vantara (US), ABB (Switzerkland), NEC Corporation (Japan), Telit (UK), Sierra Wireless (Canada), Itron (US), Arad Group (Israel), Cisco (US), Medtronic (Ireland), SAP (Germany), Software AG (Germany) AWS (US), Softweb Solutions (US), Google (US), hIOTron (India), Sony(Japan), Capgemini (France), Adobe (US), NTT Communications (Japan), Happiest Minds (India), Vodafone (UK), TCS (India), DXC (US), Infosys (India), Verizon (US), Service Group (US), Cognizant (US), and Accenture (Ireland).

Request For Sample Report @ https://www.fatposglobal.com/sample-request-39


Get Valuable Insights into Internet of things market
In the new report, Fatpos Global thrives to present an unbiased analysis of the global Internet of things market that covers the historical demand data as well as the forecast figures for the period, i.e. 2020-2030. The study includes compelling insights into growth that is witnessed in the market. By technology it can be classified into software segment, platform and services. By Vertical it can be further divided into Banking financial services and insurance, Healthcare, Retail, Transportation, Utilities and Government and defense. The region segment can be further divided into five major types including North America, Latin America, Europe, APAC and MENA.
About Fatpos Global
Fatpos Global is a leading management consulting, advisory and market research organization that serves its clients globally by its team of experts and industry veterans that have years of expertise for management consulting, advisory and market research analysis. The organization functions across business consulting, strategy consulting, market research, operations consulting, financial advisory, human resources, risk & compliance, environmental consulting, software consulting and sales consulting amongst others, and aim to aid businesses with bold decisions that help them embrace change for their sustainable growth.
Contact Us:
https://www.fatposglobal.com/
Address: 59/A Saket, Hardiwar Road
Dehra Dun. 248001
Daniel Whitman
Phone: 6396411202
Email: [email protected]