The IoT market is highly fragmented owing to the presence of large and small players . Major industry players , network & service providers and core machine to machine vendors are focused on merger & acquisition for expanding the industry presence and enhance the customer range . The entry of new vendors with new technology is expected to further enhance the competition in the industry .
Key Players :
The leading competitive large scale vendors in the market include Qualcomm , Alcatel-Lucent , Cisco Systems , and AT & T . The other prominent vendors in the IoT market are Freescale Semiconductor , Accenture , CTS , ARM Holdings , Atmel , Telefonica , Atos , Bosch Software Innovations , Broadcom , NEC , , Dell , TCS , Digi International , Amazon Web Services ( AWS ), Echelon , Zebra Technologies , Ericsson , GE , Hitachi , , Apple , HP , Huawei Technologies , IBM , Samsung Electronics , Infosys , , Texas Instruments , Intel , Siemens , Juniper Networks , Microsoft , National Instruments , Oracle , Rockwell Automation , , Google , SAP , Schneider Electric , Symantec , Tech Mahindra , Tieto , Verizon Communications and PTC .
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On the regional basis , North America is expected to contribute majorly owing to the highly adaptive consumers for new technology . The approvals from Federal Aviation Administration in the region have encouraged the application of products such as drones with improved imaging capabilities for better crop yield . The European nations have restructured the regulations for drone operations , which anticipates the growth in the region over the forecast period . The industrialization of the agriculture sector and increasing venture capitals are expected to create positive impact on the segment demand .
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