Market Analysis Report Internet of Everything (IoE) Market | Page 2

Your Catalyst to a Lucrative Business
favorable for the market. Moreover, the rising demand for Information and Communications Technology (ITC)
products, particularly in Asia Pacific, is also anticipated to escalate the sales of the Internet of Everything
(IoE) market.
Browse Details of Report @ https://www.hexaresearch.com/research-report/internet-of-everything-market-
analysis/
Market Restraints
Internet security issues are likely to hamper the future prospects of the Internet of Everything (IoE)
market. Lack of high-speed connectivity in many regions will pose a challenge for high-traffic data
transfer, thereby restricting further growth of the market.
The success of the Internet of Everything (IoE) market depends on some factors. These are
compatibility of hardware and software; proper synchronization; improvements in wired and wireless
infrastructure; advancements in data mining; and analysis; etc.
Business Verticals - Insights
The Internet of Everything (IoE) market can be divided into two business verticals - business to
business (B2B) and consumer.
B2B can be further spit into retail; manufacturing; transportation; banking; financial servic es &
insurance; utility; healthcare; public; and communication & media. Within the B2B vertical, the highest
demand for IoE services was generated by the manufacturing sector.
Manufacturing captured a share of over 30% in 2013. Public followed manufacturing and was valued at
20% of the worldwide Internet of Everything (IoE) market. Healthcare, with a CAGR of more than 20%
from 2014 to 2020, is foreseen to grow most rapidly.
The consumer business vertical registered income worth about USD 624 billion in 2013.
Components - Overview
Based on components, the Internet of Everything (IoE) market is categorized into infrastructure
enablement spending; intelligent systems; and services enablement spending. Intelligent systems were
worth USD 1,500 billion in 2013.
Follow Us: