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Global Internet of Things (IoT) Market Size, Share & Trends Analysis Report by Infrastructure (Platform, Mobile Networks and Access Technologies, Cloud Solutions/Storage and Processing, Analytics, and Security), By End-User (BFSI, Manufacturing, Transportation, Retail, Healthcare, Energy & Utilities, Government & Defense, Residential, and Others), Forecast Period 2021-2027<br>
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Orion Market Research Global Internet of Things (IoT) Market Share, Size, Future Outlook, COVID-19 Impact, Forecast 2020-2026 Request a Free Sample of our Report on Internet of Things (IoT) Market: https://www.omrglobal.com/request-sample/internet-of-things-iot-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404
The global IoT market is anticipated to grow at a considerable CAGR during the forecast period (2021-2027). The key factor to drive the market growth is the mergers and acquisition of the top players of IoT sector and increase in the adoption of IoT devices. According to IoT analytics, in 2020 there were around 11.7 billion IoT device connections, which is much more than 9.5 billion in 2019. By 2025, it is estimated to around 30 billion IoT connections, which is almost 4 IoT devices per person on average globally. (Get 15% Discount on Buying this Report) Get Report Sample Copy @ https://www.omrglobal.com/request-sample/internet-of-things- iot-market Further, in October 2020, Cognizant has acquired Bright Wolf, a privately held technology services provider operating in the industrial Internet of Things (IIoT) solution. This acquisition is done the accelerating the growth of the IIoT services. In addition, the bright wolf’s experience in production IIoT deployments and cognizant experience in foundational IIoT technologies has increased the company’s client resiliency, competitive advantage, and operational efficiency. A Full Report of Global Internet of Things (IoT) Market is Available at: https://www.omrglobal.com/industry-reports/internet-of-things-iot-market Further, in June 2020, Microsoft announced the acquisition of CyberX, a security start-up that focuses especially on stopping, detecting, and predicting security breaches on IoT networks and additionally the networks of large industrial organizations. The deal was completed for $ 165 million. This acquisition is done to increase the security in the Azure IoT business of Microsoft Corp. Thus, the rise in the adoption of IoT device connections and the companies initiative regarding collaboration for the IoT sector is to propel the growth of the market during the forecast period. Market Coverage •The market number available for – 2020-2027 •Base year- 2020 •Forecast period- 2021-2027 •Segment Covered- By Infrastructure and By End-User •Regions Covered- North America, Europe, Asia-Pacific, and Rest of the World •Competitive Landscape- Amazon Web Service, ARM Holding PLC, Cisco Systems Inc., Robert Bosch GmbH, Honeywell International Inc., Microsoft Inc, Google Inc, and others. Global Internet of Things (IoT) Market Report Segment By Infrastructure •Platform
•Mobile Networks and Access Technologies •Cloud Solutions/Storage and Processing •Analytics •Security By Vertical •BFSI •Manufacturing •Transportation •Retail •Healthcare •Energy & Utilities •Government & Defense •Residential •Others Global Internet of Things (IoT) Market Report Segment by Region North America •US •Canada Europe •Germany •UK •France •Spain •Italy •Rest of Europe Asia-Pacific •China •Japan •India •Rest of Asia-Pacific Rest of the World Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors. 2. More than 120 countries are for analysis. 3. Over 100+ paid data sources mined for investigation. 4. Our expert research analysts answer all your questions before and after purchasing your report. For https://www.omrglobal.com/report-customization/internet-of-things-iot-market More Customized Data, Request for Report Customization @ About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: anurag@omrglobal.com Contact no: +91 780-304-0404