DUBLIN, Feb. 11, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/lt3k9c/global_connected) has announced the addition of the "Global Connected Devices Market 2016-2020" report to their offering.
The global connected devices market to grow at a CAGR of 5.34% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global connected devices market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top vendors operating in the market, as well as a segmentation of the market based on geography. The report also includes a discussion of the key vendors operating in this market.
Embedded processing is at the heart of the IoT. Local processing capability is provided by microcontroller units (MCUs), hybrid microcontrollers/microprocessors (MCUs/MPUs) or integrated MCU devices, which can provide the real-time embedded processing required for most IoT applications. In the future, many IoT devices will be equipped with powerful embedded processors for advanced computing processes. These connected devices will be able to handle processing equivalent to today's laptops and smartphones.
According to the report, organizations, industries, and technologists are adopting the IoT concept due to its vast possibilities and numerous advantages. These advantages are also prompting consumers to buy more devices that can connect to each other in a network and share information.
Further, the report states that security is a prime concern of consumers when considering buying connected devices.
Other prominent vendors
- Recon Instruments
- Nest Labs
- Schneider Electric
For more information visit http://www.researchandmarkets.com/research/lt3k9c/global_connected
Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets