Press Release

Device Management Segment to Dominate Internet of Things Market in Brazil Until 2025

Government initiatives and growing use of connected devices to drive the growth of Brazil internet of things market

According to TechSci Research report, Brazil Internet of Things Market By Platform, By Component, By Application, By Region, Competition, Forecast & Opportunities, 2025 Brazil internet of things or IoT market is expected to grow at double-digit CAGR during the forecast period due to increasing proliferation of smartphones and growing number of connected devices. Evolution of high-speed networking technologies and development of technologically advanced sensors at lower cost are expected to drive the growth of IoT market in Brazil through 2025.

Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on " Brazil Internet of Things Market"

https://www.techsciresearch.com/report/brazil-internet-of-things-market/4435.html

Brazil internet of things market is segmented based on platform, component, application, company and regional distribution. In terms of component, services sector is anticipated to be the fastest growing component and is likely to surpass hardware market by 2025, this is due to the fact that growing adoption of connected devices and deployment of IoT platform for both personal and commercial use are generating large amount of data. Thus, in order to utilize these large volumes of data for useful purposes, data analytics and managed services are required. In terms of application, market can be segregated into consumer electronics, smart mobility & transportation, building & home automation, connected logistics, smart retail, and others. Among all, consumer electronics dominated the market in 2019 due to surge in demand for personalized and connected devices and technological advancements in the application segment.

Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=4435

Customers can also request for 10% free customization on this report.

SAP Brasil, Intel Brasil, General Electric Brasil Ltda., IBM Brasil, Amazon Web Services Brasil, Robert Bosch GmbH, Microsoft Brazil, Oracle Brasil, Hewlett-Packard Brasil Ltda, among others are some of the leading players operating in Brazil internet of things market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.

 “Brazil internet of things market is anticipated to grow at impressive rate during the forecast period on account of growing adoption of IoT by industries such as automotive, IT & telecom, energy, among others to address the changing needs of the customers while providing affordable, accessible and quality services. Government initiatives such as National IoT plan, Internet for All, among others are expected to positively influence the growth of IoT market in Brazil over the next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Brazil Internet of Things Market By Platform, By Component, By Application, By Region, Competition, Forecast & Opportunities, 2025 has evaluated the future growth potential of Brazil internet of things market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Brazil internet of things market.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

 

Tel: +1-646-360-1656

 

Email: sales@techsciresearch.com

Relevant News