Internet of Things( IoT) Market to 2025 The global IoT market is segmented on the basis of industrial vertical into manufacturing, oil & gas, healthcare, agriculture, metals & mining and energy & power. The market for IoT is further segmented by technology into guidance & steering, sensors, GPS / GNSS, autonomous haulage system, condition monitoring, 3D printing, smart meter, flow & application control devices, industrial robotics, RFID, networking technology, yield monitors and distributed control system. Additionally, the IoT global market is bifurcated on the basis of software into product lifecycle management, farm management system, manufacturing execution system, remote patient monitoring, SCADA, distribution management system and outage management system. Also, the global market for IoT is bifurcated by regions into North America, Europe, Asia Pacific, South America and Middle East & Africa.
Europe dominates the global market for IoT, while Asia Pacific is expected to be the highest growing market for IoT in the coming years due to rapid growth in infrastructure sector. Huge investments made on industrial digitalization and electronic lifestyles of people. Some of the chief players operating in the global market include Alcatel-Lucent S. A., Cisco Systems Inc., SAP SE, Amazon Web Services, Infineon Technologies AG, Huawei Technologies Co Ltd., Microsoft Corporation, Oracle Corporation, Google Inc., IBM Corporation, Rockwell Automation, Zebra Technologies, Robert Bosch GmbH, Siemens AG, Dassault Systèmes SA, Thingworx, Honeywell International, Inc., Verizon Communication Inc., Samsung Electronics, Apple Inc. and Intel Corporation among others.
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