Accessibility Statement Skip Navigation
  • Resources
  • Investor Relations
  • Journalists
  • Agencies
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • English-only
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business & Money
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

      • In-Language News

      • Arabic
      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Amplify Content
  • All Products
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Hamburger menu
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO
    • Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Amplify Content
  • All Products
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS

The Internet of Things Market to grow at a CAGR of 15.12% from 2022 to 2027|The rise in industrial automation to boost market growth - Technavio

Global Internet of Things Market

News provided by

Technavio

Jul 28, 2023, 11:30 ET

Share this article

Share toX

Share this article

Share toX

NEW YORK, July 28, 2023 /PRNewswire/ -- The Internet of Things market is to grow by USD 1,036.83 billion between 2022 and 2027 and register a CAGR of 15.12%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. The report is segmented by Application, Technology, and Geography.  The market share growth of the industrial segment is expected to increase significantly during the forecast period. The industrial sector has benefited from the adoption of IoT technologies that help improve business productivity and gain a competitive advantage. Software integration enables machines and devices to connect to the internet and generate data. This data is used to gain insight into manufacturing processes, enabling predictive maintenance and performance optimization on the factory floor. Technavio offers in-depth market insights that assist global businesses to obtain growth opportunities. Read Sample Report

Continue Reading
Technavio has announced its latest market research report titled Global Internet of Things Market
Technavio has announced its latest market research report titled Global Internet of Things Market

The report also covers the following areas:

  • Internet of Things Market size
  • Internet of Things Market trends
  • Internet of Things Market industry analysis

Internet of Things Market 2023-2027: Segmentation

  • Application 
    • Industrial
    • Retail
    • Healthcare
    • ICT
    • Others
  • Technology 
    • RFID
    • Sensors
    • NFC
    • Cloud Services
    • Others
  • Geography 
    • APAC
    • North America
    • Europe
    • Middle East and Africa
    • South America

APAC is estimated to contribute 38% to market growth during the forecast period. The adoption of IoT elements is on the rise as governments in China, India, and the Philippines increase their investment in infrastructure development, and SMEs in these countries undertake modernization efforts. In addition, governments in APAC countries are promoting the use of embedded sensors to connect smart machines via the internet as part of smart city initiatives to evolve the role of urban governance and achieve better open government. Hence, the factors mentioned above drive the growth of the segment during the forecast period.

Internet of Things Market 2023-2027: Vendor Analysis and Scope

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aeris Communications Inc., Alphabet Inc., Amazon.com Inc., AT and T Inc., Cisco Systems Inc., Fujitsu Ltd., General Electric Co., Hewlett Packard Enterprise Co., Honeywell International Inc., Intel Corp., International Business Machines Corp., Koninklijke Philips NV, Microsoft Corp., Oracle Corp., PTC Inc., Robert Bosch GmbH, SAP SE, Siemens AG, Wipro Ltd., and Thales Group are some of the major market participants.

Vendor Offering

  • Alphabet Inc - The company offers Internet of Things solutions such as Edge TPU under the subsidiary Google.
  • Amazon.com Inc. - The company offers Internet of Things solutions such as AWS for the cloud to the edge.
  • Cisco Systems Inc. - The company offers Internet of Things solutions such as security industrial IoT.

Why Buy?

  • Add credibility to the strategy
  • Analyzes competitor's offerings 
  • Get a holistic view of the market
  • Grow your profit margin with Technavio- Buy the Report

Internet of Things Market – Market Dynamics

Key Driver

The rise of industrial automation is a key factor driving market growth during the forecast period. The industry is undergoing major changes through process automation. The combined use of digital and physical systems to facilitate machine-to-machine (M2M) communications and enhanced man-machine interfaces (HMI) has increased significantly.

In addition, the integration of physical and cyber systems in industrial production will lead to improved safety, increased efficiency, increased profitability, and predictive maintenance of machinery. Therefore, these industries adopt Industry 4.0 to optimize material flow and detect errors early in the product life cycle.

Major Trends

The use of wearables for monitoring human health and the environment is a major trend in the IoT market. Combined with various built-in sensors, mobile phones offer advanced capabilities that are revolutionizing different sectors of the economy. For example, social networks, environmental and surveillance monitoring, health and well-being monitoring, traffic, etc.

Additionally, IoT wearables can help consumers understand their health needs and enable businesses to monitor the health and safety of their employees. Therefore, increasing demand for wearable healthcare devices will increase demand for IoT solutions during the forecast period. 

Significant Challenges

Lack of awareness to efficiently manage IoT initiatives and investments is a significant challenge restricting market growth. Despite the continued increase in industrial IoT adoption, managing, protecting, and optimizing IoT investments remains a major challenge for organizations. His introduction of IoT in industrial plants is one of the most important tasks for companies. The next step is to train the employee on the most competent ways to use the IoT platform so that she can become better and faster familiar with her IoT. Additionally, the end-user industry faces a major challenge as there are not enough skilled workers to handle the complexity of IoT systems. Hence, these factors are expected to restrict market growth during the forecast period.

Drivers, & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a  sample report!

Internet of Things Market 2023-2027: Key Highlights

  • CAGR of the market during the forecast period 2023-2027
  • Detailed information on factors that will assist Internet of Things market growth during the next five years
  • Estimation of the Internet of Things market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the Internet of Things market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of the Internet of Things market vendors

Gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Related Reports:

The Internet of Things (IoT) sensors market is estimated to grow by USD 27,356.45 million between 2022 and 2027 at a CAGR of 28.81%. Furthermore, this report extensively covers market segmentation by end-user (consumer electronics, automotive, food and beverages, healthcare, and others), type (temperature sensor, pressure sensor, humidity sensor, flow sensor, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The growing demand for smart factories and IoT is one of the key factors driving the Internet of Things (IoT) sensors market growth.

The cellular Internet of Things (IoT) market is estimated to grow at a CAGR of 23% between 2022 and 2027. The size of the market is forecast to increase by USD 8,073.13 million. Furthermore, this report extensively covers market segmentation by component (hardware and software), type (3G, 2G, 4G, and others), and geography (North America, APAC, Europe, South America, and the Middle East and Africa). The growth in the telecommunications industry is one of the key factors driving the cellular Internet of Things (IoT) market growth.

Internet Of Things Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 15.12%

Market growth 2023-2027

USD 1,036.83 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

14.43

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 38%

Key countries

US, China, Germany, Norway, and France

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Aeris Communications Inc., Alphabet Inc., Amazon.com Inc., AT and T Inc., Cisco Systems Inc., Fujitsu Ltd., General Electric Co., Hewlett Packard Enterprise Co., Honeywell International Inc., Intel Corp., International Business Machines Corp., Koninklijke Philips NV, Microsoft Corp., Oracle Corp., PTC Inc., Robert Bosch GmbH, SAP SE, Siemens AG, Wipro Ltd., and Thales Group

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

  • 1.1 Market Overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global internet of things market 2017 - 2021 
    • Exhibit 18: Historic Market Size – Data Table on Global internet of things market 2017 - 2021 ($ billion)
  • 4.2 Application Segment Analysis 2017 - 2021 
    • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
  • 4.3 Technology Segment Analysis 2017 - 2021 
    • Exhibit 20: Historic Market Size – Technology Segment 2017 - 2021 ($ billion)
  • 4.4 Geography Segment Analysis 2017 - 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
  • 4.5 Country Segment Analysis 2017 - 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

  • 5.1 Five forces summary
    • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition
    • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

  • 6.1 Market segments
    • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
  • 6.2 Comparison by Application 
    • Exhibit 32: Chart on Comparison by Application
    • Exhibit 33: Data Table on Comparison by Application
  • 6.3 Industrial - Market size and forecast 2022-2027 
    • Exhibit 34: Chart on Industrial - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 35: Data Table on Industrial - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 36: Chart on Industrial - Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Industrial - Year-over-year growth 2022-2027 (%)
  • 6.4 Retail - Market size and forecast 2022-2027 
    • Exhibit 38: Chart on Retail - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 39: Data Table on Retail - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 40: Chart on Retail - Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Retail - Year-over-year growth 2022-2027 (%)
  • 6.5 Healthcare - Market size and forecast 2022-2027 
    • Exhibit 42: Chart on Healthcare - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 43: Data Table on Healthcare - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 44: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
    • Exhibit 45: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
  • 6.6 ICT - Market size and forecast 2022-2027 
    • Exhibit 46: Chart on ICT - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 47: Data Table on ICT - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 48: Chart on ICT - Year-over-year growth 2022-2027 (%)
    • Exhibit 49: Data Table on ICT - Year-over-year growth 2022-2027 (%)
  • 6.7 Others - Market size and forecast 2022-2027 
    • Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
    • Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
  • 6.8 Market opportunity by Application 
    • Exhibit 54: Market opportunity by Application ($ billion)
    • Exhibit 55: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by Technology

  • 7.1 Market segments
    • Exhibit 56: Chart on Technology - Market share 2022-2027 (%)
    • Exhibit 57: Data Table on Technology - Market share 2022-2027 (%)
  • 7.2 Comparison by Technology 
    • Exhibit 58: Chart on Comparison by Technology
    • Exhibit 59: Data Table on Comparison by Technology
  • 7.3 RFID - Market size and forecast 2022-2027 
    • Exhibit 60: Chart on RFID - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 61: Data Table on RFID - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 62: Chart on RFID - Year-over-year growth 2022-2027 (%)
    • Exhibit 63: Data Table on RFID - Year-over-year growth 2022-2027 (%)
  • 7.4 Sensors - Market size and forecast 2022-2027 
    • Exhibit 64: Chart on Sensors - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 65: Data Table on Sensors - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 66: Chart on Sensors - Year-over-year growth 2022-2027 (%)
    • Exhibit 67: Data Table on Sensors - Year-over-year growth 2022-2027 (%)
  • 7.5 NFC - Market size and forecast 2022-2027 
    • Exhibit 68: Chart on NFC - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 69: Data Table on NFC - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 70: Chart on NFC - Year-over-year growth 2022-2027 (%)
    • Exhibit 71: Data Table on NFC - Year-over-year growth 2022-2027 (%)
  • 7.6 Cloud services - Market size and forecast 2022-2027 
    • Exhibit 72: Chart on Cloud services - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 73: Data Table on Cloud services - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 74: Chart on Cloud services - Year-over-year growth 2022-2027 (%)
    • Exhibit 75: Data Table on Cloud services - Year-over-year growth 2022-2027 (%)
  • 7.7 Others - Market size and forecast 2022-2027 
    • Exhibit 76: Chart on Others - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 77: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 78: Chart on Others - Year-over-year growth 2022-2027 (%)
    • Exhibit 79: Data Table on Others - Year-over-year growth 2022-2027 (%)
  • 7.8 Market opportunity by Technology 
    • Exhibit 80: Market opportunity by Technology ($ billion)
    • Exhibit 81: Data Table on Market opportunity by Technology ($ billion)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 82: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 83: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 84: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 85: Chart on Geographic comparison
    • Exhibit 86: Data Table on Geographic comparison
  • 9.3 APAC - Market size and forecast 2022-2027 
    • Exhibit 87: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 88: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 89: Chart on APAC - Year-over-year growth 2022-2027 (%)
    • Exhibit 90: Data Table on APAC - Year-over-year growth 2022-2027 (%)
  • 9.4 North America - Market size and forecast 2022-2027 
    • Exhibit 91: Chart on North America - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 92: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 93: Chart on North America - Year-over-year growth 2022-2027 (%)
    • Exhibit 94: Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 9.5 Europe - Market size and forecast 2022-2027 
    • Exhibit 95: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 96: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 97: Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Exhibit 98: Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 9.6 Middle East and Africa - Market size and forecast 2022-2027 
    • Exhibit 99: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 100: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 101: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Exhibit 102: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • 9.7 South America - Market size and forecast 2022-2027 
    • Exhibit 103: Chart on South America - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 104: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 105: Chart on South America - Year-over-year growth 2022-2027 (%)
    • Exhibit 106: Data Table on South America - Year-over-year growth 2022-2027 (%)
  • 9.8 US - Market size and forecast 2022-2027 
    • Exhibit 107: Chart on US - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 108: Data Table on US - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 109: Chart on US - Year-over-year growth 2022-2027 (%)
    • Exhibit 110: Data Table on US - Year-over-year growth 2022-2027 (%)
  • 9.9 China - Market size and forecast 2022-2027 
    • Exhibit 111: Chart on China - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 112: Data Table on China - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 113: Chart on China - Year-over-year growth 2022-2027 (%)
    • Exhibit 114: Data Table on China - Year-over-year growth 2022-2027 (%)
  • 9.10 Germany - Market size and forecast 2022-2027 
    • Exhibit 115: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 116: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 117: Chart on Germany - Year-over-year growth 2022-2027 (%)
    • Exhibit 118: Data Table on Germany - Year-over-year growth 2022-2027 (%)
  • 9.11 Norway - Market size and forecast 2022-2027 
    • Exhibit 119: Chart on Norway - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 120: Data Table on Norway - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 121: Chart on Norway - Year-over-year growth 2022-2027 (%)
    • Exhibit 122: Data Table on Norway - Year-over-year growth 2022-2027 (%)
  • 9.12 France - Market size and forecast 2022-2027 
    • Exhibit 123: Chart on France - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 124: Data Table on France - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 125: Chart on France - Year-over-year growth 2022-2027 (%)
    • Exhibit 126: Data Table on France - Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 127: Market opportunity by geography ($ billion)
    • Exhibit 128: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 129: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape
    • Exhibit 130: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption
    • Exhibit 131: Overview on factors of disruption
  • 11.4 Industry risks
    • Exhibit 132: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered
    • Exhibit 133: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 134: Matrix on vendor position and classification
  • 12.3 Alphabet Inc.
    • Exhibit 135: Alphabet Inc. - Overview
    • Exhibit 136: Alphabet Inc. - Business segments
    • Exhibit 137: Alphabet Inc. - Key news
    • Exhibit 138: Alphabet Inc. - Key offerings
    • Exhibit 139: Alphabet Inc. - Segment focus
  • 12.4 Amazon.com Inc.
    • Exhibit 140: Amazon.com Inc. - Overview
    • Exhibit 141: Amazon.com Inc. - Business segments
    • Exhibit 142: Amazon.com Inc. - Key news
    • Exhibit 143: Amazon.com Inc. - Key offerings
    • Exhibit 144: Amazon.com Inc. - Segment focus
  • 12.5 AT and T Inc.
    • Exhibit 145: AT and T Inc. - Overview
    • Exhibit 146: AT and T Inc. - Business segments
    • Exhibit 147: AT and T Inc. - Key news
    • Exhibit 148: AT and T Inc. - Key offerings
    • Exhibit 149: AT and T Inc. - Segment focus
  • 12.6 Cisco Systems Inc.
    • Exhibit 150: Cisco Systems Inc. - Overview
    • Exhibit 151: Cisco Systems Inc. - Business segments
    • Exhibit 152: Cisco Systems Inc. - Key news
    • Exhibit 153: Cisco Systems Inc. - Key offerings
    • Exhibit 154: Cisco Systems Inc. - Segment focus
  • 12.7 Fujitsu Ltd.
    • Exhibit 155: Fujitsu Ltd. - Overview
    • Exhibit 156: Fujitsu Ltd. - Business segments
    • Exhibit 157: Fujitsu Ltd. - Key news
    • Exhibit 158: Fujitsu Ltd. - Key offerings
    • Exhibit 159: Fujitsu Ltd. - Segment focus
  • 12.8 General Electric Co.
    • Exhibit 160: General Electric Co. - Overview
    • Exhibit 161: General Electric Co. - Business segments
    • Exhibit 162: General Electric Co. - Key news
    • Exhibit 163: General Electric Co. - Key offerings
    • Exhibit 164: General Electric Co. - Segment focus
  • 12.9 Honeywell International Inc. 
    • Exhibit 165: Honeywell International Inc. - Overview
    • Exhibit 166: Honeywell International Inc. - Business segments
    • Exhibit 167: Honeywell International Inc. - Key news
    • Exhibit 168: Honeywell International Inc. - Key offerings
    • Exhibit 169: Honeywell International Inc. - Segment focus
  • 12.10 Intel Corp.
    • Exhibit 170: Intel Corp. - Overview
    • Exhibit 171: Intel Corp. - Business segments
    • Exhibit 172: Intel Corp. - Key news
    • Exhibit 173: Intel Corp. - Key offerings
    • Exhibit 174: Intel Corp. - Segment focus
  • 12.11 International Business Machines Corp. 
    • Exhibit 175: International Business Machines Corp. - Overview
    • Exhibit 176: International Business Machines Corp. - Business segments
    • Exhibit 177: International Business Machines Corp. - Key offerings
    • Exhibit 178: International Business Machines Corp. - Segment focus
  • 12.12 Microsoft Corp.
    • Exhibit 179: Microsoft Corp. - Overview
    • Exhibit 180: Microsoft Corp. - Business segments
    • Exhibit 181: Microsoft Corp. - Key news
    • Exhibit 182: Microsoft Corp. - Key offerings
    • Exhibit 183: Microsoft Corp. - Segment focus
  • 12.13 Oracle Corp.
    • Exhibit 184: Oracle Corp. - Overview
    • Exhibit 185: Oracle Corp. - Business segments
    • Exhibit 186: Oracle Corp. - Key news
    • Exhibit 187: Oracle Corp. - Key offerings
    • Exhibit 188: Oracle Corp. - Segment focus
  • 12.14 Robert Bosch GmbH
    • Exhibit 189: Robert Bosch GmbH - Overview
    • Exhibit 190: Robert Bosch GmbH - Business segments
    • Exhibit 191: Robert Bosch GmbH - Key news
    • Exhibit 192: Robert Bosch GmbH - Key offerings
    • Exhibit 193: Robert Bosch GmbH - Segment focus
  • 12.15 SAP SE
    • Exhibit 194: SAP SE - Overview
    • Exhibit 195: SAP SE - Business segments
    • Exhibit 196: SAP SE - Key news
    • Exhibit 197: SAP SE - Key offerings
    • Exhibit 198: SAP SE - Segment focus
  • 12.16 Siemens AG
    • Exhibit 199: Siemens AG - Overview
    • Exhibit 200: Siemens AG - Business segments
    • Exhibit 201: Siemens AG - Key news
    • Exhibit 202: Siemens AG - Key offerings
    • Exhibit 203: Siemens AG - Segment focus
  • 12.17 Wipro Ltd.
    • Exhibit 204: Wipro Ltd. - Overview
    • Exhibit 205: Wipro Ltd. - Business segments
    • Exhibit 206: Wipro Ltd. - Key news
    • Exhibit 207: Wipro Ltd. - Key offerings
    • Exhibit 208: Wipro Ltd. - Segment focus

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 209: Inclusions checklist
    • Exhibit 210: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 211: Currency conversion rates for US$
  • 13.4 Research methodology
    • Exhibit 212: Research methodology
    • Exhibit 213: Validation techniques employed for market sizing
    • Exhibit 214: Information sources
  • 13.5 List of abbreviations
    • Exhibit 215: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio

21%

more press release views with 
Request a Demo

Modal title

Also from this source

Fast Casual Restaurants Market to Grow by USD 302.5 Billion from 2024-2028, Driven by Demand for Food Menu Innovation & Customization, Report on How AI is Driving Market Transformation - Technavio

Fast Casual Restaurants Market to Grow by USD 302.5 Billion from 2024-2028, Driven by Demand for Food Menu Innovation & Customization, Report on How AI is Driving Market Transformation - Technavio

Report with the AI impact on market trends - The global fast casual restaurants market size is estimated to grow by USD 302.5 billion from 2024-2028, ...

Fast Fashion Market to Grow by USD 79.2 Billion from 2025-2029, Driven by Burgeoning Youth Populations' Demand for Fast Fashion Clothing, Report on AI-Powered Market Evolution - Technavio

Fast Fashion Market to Grow by USD 79.2 Billion from 2025-2029, Driven by Burgeoning Youth Populations' Demand for Fast Fashion Clothing, Report on AI-Powered Market Evolution - Technavio

Report on how AI is driving market transformation - The global fast fashion market size is estimated to grow by USD 79.2 billion from 2025-2029,...

More Releases From This Source

Explore

Computer & Electronics

Computer & Electronics

Cloud Computing/Internet of Things

Cloud Computing/Internet of Things

News Releases in Similar Topics

Contact PR Newswire

  • Call PR Newswire at 888-776-0942
    from 8 AM - 9 PM ET
  • Chat with an Expert
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices

Products

  • For Marketers
  • For Public Relations
  • For IR & Compliance
  • For Agency
  • All Products

About

  • About PR Newswire
  • About Cision
  • Become a Publishing Partner
  • Become a Channel Partner
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Italy
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom
  • Vietnam

My Services

  • All New Releases
  • Platform Login
  • ProfNet
  • Data Privacy

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Platform Login
  • ProfNet
Call PR Newswire at
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookies
Copyright © 2025 Cision US Inc.