Internet of Things (IoT) is a system
of interconnected computing devices, machines, etc., that are equipped with
unique identifiers and can transfer data over a network without requiring
human-to-human or human-to-computer interaction. Anticipated growth in the US IoT market during 2017-2022 can be
attributed to growing number of connected devices, rising internet penetration,
growing BYOD trend coupled with increasing technological advancements. In
addition, with growing adoption of IoT technology in various application areas
including smart cities, smart manufacturing, logistics, transportation, etc.,
demand for IoT services in the US is forecast to grow over the course of next
five years.
According to “US Internet of Things (IoT) Market By Component, By Communication
Technology, By End Use Industry, Competition Forecast & Opportunities, 2012
– 2022”, Internet of Things market in the US is projected to grow at
a CAGR over 14% during 2017-2022. As a market segment, ‘Hardware’ accounts for
largest share in the country’s IoT market, followed by ‘Software’ and
‘Services’ segments. Moreover, consumer electronics and transportation sectors dominated
the US IoT market in 2016, and the segments are anticipated to continue
dominating the country’s IoT market in the coming years as well. Few of
the major players operating in IoT landscape in the US include AT&T, Cisco
Systems, Microsoft, Oracle, IBM, Intel, Hitachi Data Systems, etc. “US Internet of Things (IoT) Market By Component, By
Communication Technology, By End Use Industry, Competition Forecast &
Opportunities, 2012 – 2022” discusses the following aspects of Internet of Things (IoT)
market in the United States:
·
United States Internet of Things (IoT) Market Size,
Share & Forecast
- Segmental Analysis: By Component (Hardware, Software &
Services), By Communication Technology (Short Range, Medium Range, Long
Range & Others), By End Use Industry (Consumer Electronics,
Transportation, BFSI, Energy, Manufacturing, Retail, Healthcare &
Others)
- Changing Market Trends & Emerging
Opportunities
- Policy & Regulatory Landscape
- Competitive Landscape & Strategic
Recommendations
Why You Should Buy
This Report?
- To gain an in-depth understanding of United
States Internet of Things (IoT) market
- To identify the on-going trends, and
anticipated growth over the next five years
- To help industry consultants, IoT solution providers
and other stakeholders align their market-centric strategies
- To obtain research-based business decisions
and add weight to presentations and marketing material
- To gain competitive knowledge of leading
market players
- To avail 10% customization in the report
without any extra charges and get research data or trends added in the
report as per the buyer’s specific needs
Report Methodology
The information contained in this report is based upon both primary and
secondary sources. Primary research included interviews with IoT solution
providers including hardware, software and service companies as well as
industry experts. Secondary research included an exhaustive search of relevant
publications like company annual reports, press release, financial reports and
other proprietary databases.