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In the next five years visiongain, a business information portal, expects to observe strong growth in terms of IoT connections and revenues, driven by the increasing investment from private companies and a handful of government institutions that understand the dramatic effect that this technology will have in the global economy by 2020.
Current developments in the Industrial and medical IoT technologies are expected to transform the speed and ease of deployment, allowing a much faster adoption rate and providing larger benefits to society. Contrastingly, Transportation IoT and other IoT initiatives (including Smart City) are not expected to grow at the same rate as Industrial or Medical IoT.
Visiongain has analysed and segmented the five most important submarkets within global IoT market, providing a forecast for the 2015-2020 period for both connections and revenues. This 222 page report contains 213 tables, charts and figures providing a clear understanding of how the markets will evolve and which industries will reap the largest benefits from IoT. Our report also provides a forecast for regional revenues and the top 10 national IoT markets in terms of connections. Additionally, we provide an overview of the Top 30 IoT companies with their specific offering and their position in the IoT value chain.
For more information on this report, click here.
