Internet of Things Market Size, Share, and Trend Analysis by Region, Type, Product, Company Size, Vertical, and Segment Forecast 2021-2026

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Internet of Things (IoT) Market Size, Share, and Trend Analysis by Region, Type (Enterprise, Consumer), Product (Hardware, Software, and Services), Company Size, Vertical (Government, Utilities, Manufacturing, Transportation and Logistics and Others) and Segment Forecast 2021-2026

New York, December 16, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “IoT Market Size, Share, and Trend Analysis by Region, Type, Product, Company Size, Vertical, and segment forecast for 2021-2026” – https://www.reportlinker.com/p06373540/?utm_source=GNW

Summary
The size of the global Internet of Things (IoT) market was valued at US$700 billion in 2021. The market is expected to grow at a CAGR of more than 10% during the forecast period (2021-2026).

The IoT Market Report provides an executive-level overview of the current global IoT, with detailed forecasts for key indicators through 2026.

This market intelligence report offers comprehensive and forward-looking analysis of the global Internet of Things market and key segments in a concise format to help executives develop proactive and profitable growth strategies.

Key points
The size of the global Internet of Things (IoT) market was valued at more than US$700 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of more than 10% during 2021-2026. The growing demand for mobile data connectivity at higher speeds, driven primarily by mobile video consumption, ultra-low latency communication services (eg, gaming, AR, and VR), and the development of mobile 5G.

Scope
– This report provides an overview and services market for the Internet of Things.
– Identifies the key trends affecting market growth over the next 12 to 24 months.
– Includes global market forecasts for the Internet of Things industry and patent analysis, company presentations, and hiring trends.
– Contains details of M&A and VF deals in the Internet of Things space.
– The detailed value chain consists of five main aspects: IoT device layer, IoT connectivity layer, IoT data layer, IoT service layer and IoT application layer.

Reasons to buy
– This market intelligence report offers a comprehensive and forward-looking analysis of the global Internet of Things market, product type, key vendor outlook, and key opportunities in a concise format to help executives develop growth strategies proactive and profitable.
– Accompanying Forecast’s products, the report examines the assumptions and drivers behind current and future trends in the Internet of Things markets.
– With more than 20 charts and tables, the report is designed for an executive-level audience with presentation quality.
– The report provides an easily digestible market assessment for decision makers based on detailed information gathered from local market players, enabling executives to quickly get up to speed on current and emerging trends in the markets Internet of things.
– The broad perspective of the report, along with comprehensive and actionable details, will help Internet of Things players, investors, and other stakeholders succeed in the rapidly growing global Internet of Things market.
Read the full report: https://www.reportlinker.com/p06373540/?utm_source=GNW

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