LONDON, Feb.8, 2016 /PRNewswire/ -- Analysis of Sensors in the Global Internet of Industrial Things Market : Impending Paradigm Change—High Revenue through Remote Connectivity for Monitoring and Control
This research service explores 12 key end-user markets with diverse applications across the sensors in the global IoIT market. Technological developments are happening at a fast pace, and applications of wireless network technology range from building smart homes and environmental monitoring to healthcare and industrial automation. The industrial process control applications segment holds the largest market share, followed by smart city, eHealth, security & safety, smart meter, and smart environment markets. North America dominates revenue contribution followed by Europe and APAC, yet major growth opportunities are coming from APAC and Latin America. The base year used for analysis is 2014 with forecasts from 2015 to 2021.
Key Questions This Study Will Answer
-What are different types of sensors currently used in IoIT applications? How will this determine which sensors are likely to experience greater demand in coming years?
-Which key end users in the market have adopted the IoIT platform? What are the key market dynamics and key drivers and restraints impacting the overall market?
-What are the key applications in each vertical market and which sensors are used in these diverse applications?
-What are the main competitive factors of the participants in the market and the different tiers of the competitive landscape? What is the scope for new entrants, and what can be the winning formula for existing participants?
-What is the basic IoIT platform in which sensors are used and updated on different protocols?
-What are the key market trends? How will they impact market participants?
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