Internet of Things Market Share Will Exhibit a Prominent Uptick in 2020

The Internet of Things (IoT) represents connected smart devices and systems to access data collected by embedded circulatory in devices and other similar physical objects. With the expanding application of IoT, the global internet of things market is expected to witness a double digit growth over the coming years. Internet of things is used widely in energy efficiency, healthcare, security, education and other similar applications.

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This market research report provides a comprehensive overview of the internet of things market

  • Recent trends and evolving opportunities for the market participants
  • Historical and the present size of the market segments and understand their comparative future potential
  • Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
  • Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders
  • Major players operating in the market and their service offerings
  • Recent strategic developments by the major players in the market

IoT is also used in the industries such as manufacturing, agriculture, retail, and other similar sectors. The various components of the IoT include sensing and identification, data processing, network communication, security and support technology.

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Based on the various technologies, the global internet of things market can be broadly segmented as radio frequency identification (RFID), gateways, sensor nodes, cloud management, zigbee, data acquisition and supervisory control (SCADA), system integrators, software platforms, information and discovery service (IDS), near field communication, and others.