NICT predicts that the number of cyberattacks may reach 30 billion devices by 2020, when compared to 15 billion devices in 2015. The global IoT market is expected to reach a value of USD 1,386.06 billion by 2026 from USD 761.4 billion in 2020 at a CAGR of 10.53%, during the period 2021-2026. To g… January 2020 - Cisco introduced an IoT security architecture that provides enhanced visibility across both IT and IOT environments and protects processes. Another primary market in the region is the home automation systems. The Trustwave Fusion platform is purpose-built to meet the enterprise, where it is involved in operations as it embraces digital transformation and contend with a continuously evolving security landscape. In terms of market share, some of the players currently dominate the market. However, with major disruptions in global healthcare and supply chains, governments, hospitals, insurers, and logistics providers are having to react quickly for a more connected world that could help better address the current crisis and mitigate future ones. 4.6.5 Intensity of Competitive Rivalry The Global IoT in Automotive Market report provides a holistic evaluation of the Market for the forecast period (2019–2026). Competitive Landscape 6.1.1 Broadcom Inc. (Symantec Corporation) 5.1.1 Network Security - June 2019 - Symantec Corp. announced a new service for Symantec�s Cloud Workload Protection (CWP) solution and Amazon Guard Duty to provide automated remediation and enhanced threat intelligence for AWS workloads and storage. Network Security Is Expected to Witness the Fastest Growth Rate The scope of study on IoT market is structured to track the spending on hardware, platforms and services across end user industries, such as manufacturing, transportation, retail, healthcare, energy and utilities, and other end-user industries. - IoT networks are the prominent targets and the primary concern for enterprises across the world. This is changing the way industries approach increasingly complex processes of systems and machines to improve efficiency and reduce downtime. In this report,XYZ-research offers a comprehensive analysis of key market trends in the global AI in IoT market. "Advancement in Connectivity Technologies (5G) and Investment in New Network Infrastructure Assists Market to Exhibit Healthy CAGR in Europe and APAC" Asia Pacific generated a revenue of US$ 74.5 Bn in 2018 and is projected to emerge as a leading region in the global internet of things (IoT) market during the forecasted period. All Rights Reserved to Mordor Intelligence. 3 EXECUTIVE SUMMARY With the development of wireless networking technologies, the emergence of advanced data analytics, a reduction in the cost of connected devices, an increase in cloud platform adoption, the market is expected to grow at a positive rate. This new service will help enterprises to navigate the complex security landscape, allowing AWS customers to automate and streamline key components of cloud security. Notably, 66% of homes in the region have at least one IoT device. Reasons to Purchase this report: IoT in utility market is expected to reach USD 78.46 billion by 2027 witnessing market growth at a rate of13.4% in the forecast period of 2020 to 2027. However, with the advancement in the security access across the industrial services, new players are increasing their market presence thereby expanding their business footprint across the emerging economies. Top IoT Trends to Rule in 2019 As we look onward into 2019, let's reflect on the top trends in IoT and related disciplines. 5.1 By Type of Security MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. 4 MARKET DYNAMICS Data Processing with Edge Computing. - According to the National Institute of Information and Communication Technology (NIICT), there has been a significant increase in the number of cyberattacks to IoT Devices. Those include artificial intelligence, connected and hybrid clouds, edge computing, cellular IoT innovation through 5G, and more. Additionally, 25% of North American homes boast more than two devices. The malware used botnet, which enlisted over 150,000 devices to send 1TB of data per second at the vendor's servers. EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external. - In 2019, for instance, Symantec Corp. announced a new service that enables its Cloud Workload Protection (CWP) solution and AMZN GuardDuty from Amazon, to provide automated remediation and enhanced threat intelligence for Amazon Web Services (AWS) workloads and storage. The Political, Social, Technology, and Economic trends in the Global IoT market are covered in a section separately, similarly Porter’s Five Forces are also covered in detailed. 5.4.4 Latin America Click here. The Wall Scanner market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. IoT technology has been enabling retailers across the globe to connect with both businesses and people. 4.6.1 Threat of New Entrants The IoT Security market is moderately competitive and consists of a few significant market players operating across the global market. Such instances are propelling the government and the related organizations to deploy IoT security solutions to mitigate the damages. The global industrial IoT market reached a value of US$ 126 Billion in 2019. For instance, Palo Alto Networks is delivering IoT security as an integrated service through the firewall; the capability was due to the recent acquisition of Zingbox by Palo Alto Networks.Such initiatives by various vendors are expected to mitigate the network threats over the forecast period and drive the market demand for the network security segment. The internet of things (IoT) market was valued at USD 1490.34Êmillion in 2019, and it is expected to reach a value of USD 7994.97Êmillion by 2025, registering a CAGR of 31.87% over the forecast period (2020 - 2025).Ê The emerging applications and business models, coupled with the falling device costs, have been driving the adoption rate of IoT, which is, consequently, influencing the number of … Moreover, owing to the recent outbreak of Covid-19, IoT investment and deployments are ecratinly slowing down. Compaction process of HBI is less porous and reactive than DRI; therefore, it does not create self-heating issues. Aviation IoT Market Current Trends and Future Demand Of With Top Business Growing Strategies, Technological Innovation and Emerging Trends of Outlook To 2025 Published: Jan. 10, 2021 at … 2 RESEARCH METHODOLOGY - The market estimate (ME) sheet in Excel format Published on: Jan 2020 | From USD $4250 | Published By: MORDOR INTELLIGENCE | Number Of Pages: 102, Market Overview 4.5 Industry Value Chain Analysis 5.3.3 Government IoT security is the technological area concerned with mitigating cyber threats regarding connected devices and networks in the internet of things. The massive industrialization and the rising number of mobile device users in Asia-Pacific also indicate that the region is expected to witness significant growth. To understand geography trends, Download Sample Report. The increasing need for data analysis and integration of analytics is expected to propel the utilization of the Internet of Things market over the forecast period. The Opportunity Analysis Chapter identifies the high growth market in various segments. Our Report’s database covers almost all topics of all regions over the Globe.. These objects collect and exchange the data using sensors embedded within them. There are various smart devices, such as sensors, smartphones, and wearables, which collect necessary data from the devices which are further utilized to enhance customer’s experience. For instance, at the end of January, the Shanghai Public Health Clinical Center (SPHCC) has used the California-based connected health startup VivaLNK’s continuous temperature measuring device to monitor COVID-19 patients, which therefore reduces the risks of caregivers being exposed to the virus. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Built-in Hot-tubs market. 5.2.2 Services - Many vendors in the market are emphasizing on providing solutions specific to tackle issues related to network security. Moreover, the region has a strong foothold of IoT vendors, which contributes to the growth of the market. IoT is also expected to make a huge transformation to various areas, like replenishment of goods. 6.1.10 AT&T Inc. The Industrial Internet of Things (IoT) Industry market study is in essence, a detailed evaluation of this industry that effectively covers all the aspects related to this vertical like the status of this industry over the projected timeframe and the primary development trends of the market, over the estimated duration. From edge computing to blockchain to 5G technologies, here are the top IoT trends in 2020. Market Segment by Applications, can be divided into Residential Applications Commercial Applications The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Built-in Hot-tubs product scope, market overview, market opportunities, market driving force and market risks. It also includes discussion on historical trends, current market status, competitive landscape, growth opportunities and challenges which are backed by factful feedbacks. New wireless technologies such as 5G, Wi-Fi 6 – would lead to more devices and new IIoT use cases and would give service providers the tools to create competitive cellular IoT offerings for their customers. Top 10 Internet of Things (IoT) trends that will rule in 2020 Gartner forecasts that by the end of 2019, enterprise and automotive IoT (Internet of Things) sector is expected to integrate 4.8 billion endpoint devices rounded to 21.5% up from the previous year. The IoT is not going anywhere anytime soon. 1.2 Study Assumptions We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. The Global IoT Chip Market report provides a holistic evaluation of the market for the forecast period. 7 INVESTMENT ANALYSIS Global IoT Healthcare Market Size & Trends Will Grow to USD 21,004 Million By 2025, Demand Growing rapidly, at CAGR 12.59%: Facts & Factors 4.3 Market Drivers REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. In February 2020, Cisco announced enhancements to its IoT portfolio that enable service provider partners to provide optimized management of cellular IoT environments and new 5G use-cases. Hot Briquetted Iron (HBI) Market: Trends & Demands. This enables retailers to gain insights about product performance and find new ways of customer engagement with both new and existing customers. Tie ups with top publishers around the globe. Some of the major players in the market are Cisco Systems, Inc., Google, Inc., IBM Corporation, Microsoft Corporation among others. The network security segment covers various subsegments, such as firewalls, servers, VPN, IDS, IPS, WIDPS, gateway, and network hardware. 5.1.5 Others Artificial Intelligence (AI) is one of the most transformative tech evolutions of our times. 5.4.3 Asia-Pacific MARKET OPPORTUNITIES AND FUTURE TRENDS, Nanakramguda Rd, Financial District, Gachibowli. 4.4.1 Growing Complexity among Devices, Coupled with the Lack of Ubiquitous Legislation Scope of the Report Market Synopsis of IoT Market:, Market Scenario:, The internet of things are networking smart devices fixed with software electronics sensor and network connectivity that can permit these objects to interchange the information. IoT involves adding internet connectivity to a system of interrelated computing devices, mechanical and digital machines, objects, and/or people. 5.4 Geography Adobe Stock. 5.4.1 North America 6.1.5 Hewlett Packard Enterprise Co. Let’s take a look at the 10 IoT trends to pay attention to in 2018. Forecast Global IoT Batteries Industry trends will present the market drivers, constraints and growth opportunities. According to Symantec's report, three kinds of DDoS associated malware, such as LightAidra, Kaiten, and Mirai, collectively accounted for nearly 80% of the 2018 year's IoT attacks. © 2020. 5.1.3 Application Security However, the vendors are taking opportunity in the Covid-19 pandemic situation by offering emerging technology-enabled solutions to the healthcare organizations. The IoT allows the entity to be controlled barely across standing network infrastructure. Machine-to-machine connections are anticipated to rise 19% and account for 50% of all connections by 2023, according to Cisco's 2020 Annual Internet Report. Greater Consumer Adoption. 5.2.1 Software The global IoT market is expected to reach a value of USD 1,386.06 billion by 2026 from USD 761.4 billion in 2020 at a CAGR of 10.53%, during the period 2021-2026. Description; Table of contents; Request Sample; Buy Now. AI-as-a-service . The internet of things technology helps in connecting various smart devices together to ease the operation and sharing of data amongst themselves. As the Internet of Things (IoT) permeates homes, cities and office buildings as well as industries like retail and health care, It’s clear that connected devices are changing how people interact This interconnectivity of devices through the internet opens them up to a number of serious vulnerabilities if they are not properly protected. Smart devices have become commonplace in classrooms. 5.3.4 Manufacturing 6.1 Company Profiles Cisco’s new solutions enable the collection and extraction of data from the IoT edge so organizations can increase efficiencies to make better business decisions and accelerate digitization projects. Report scope can be customized per your requirements. This report provides detailed historical analysis of global market for Built-in Hot-tubs from 2013-2018, and provides extensive market forecasts from 2019-2028 by region/country and subsectors. Key strategies adopted by the major players in the market are product innovation and mergers and acquisitions. 4.6.4 Threat of Substitute Products 1.1 Study Deliverables The … - .However, factors, such as the dearth of skilled workforce and less awareness about the importance of the IoT security solutions hinder the market growth. The Internet of Things (IoT) Market is segmented by Type (Hardware, Software/Platform, Connectivity, Services), Industry Vertical (Manufacturing, Transportation, Healthcare, Retail, Energy and Utilities, Residential), and Geography. Some of the key players in the market are Symantec Corporation, IBM Corporation, Check Point Software Technologies Ltd., Intel Corporation, Hewlett Packard Enterprise Company, Cisco Systems Inc., Fortinet Inc., Trustwave Holdings, Gemalto NV (Thales Group), among others. 6 COMPETITIVE LANDSCAPE The widespread IoT Security market opportunities and trends are also taken into consideration in IoT Security industry. - According to the IBM X-Force threat intelligence report, in 2018 it was recorded an increase of 5,400% in the number of IoT vulnerabilities over the number reported just five years earlier. The market appears to be fragmented due to the presence of many technological giants in the market. 6.1.4 Intel Corporation The internet of things (IoT) market is highly competitive owing to the presence of many large and small players in the market operating in the domestic as well as in the international market. The country�s central smart home systems consist of lighting control systems, security systems, entertainment systems (audio and video), home appliances, and others. IoT in education market - Overview Rise in the use of mobile and Internet of Things (IoT)-enabled devices has transformed several industries, including automotive, health care, and retail. - Increasing number data breaches, emergence of smart cities, are some of the factors driving the market. Emerging Trends in IoT in Transportation Market In-Depth Analysis & Global Outlook by 2016-2023 | Scope & Future Growth Prospects Focusing Top Key Players like Alcatel-Lucent, AT&T Inc., Garmin International Inc., IBM Corp . The basic weakness that IoT has is that it adds up devices behind the firewall... 3. The five-year forecast view shows how the market is expected to grow in coming years. PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Rising demand for HBI to overcome problems associated with DRI during shipping and handling is driving the global hot briquetted iron (HBI) market. The interrelated nature of technology – where elements of infrastructure, software, data and services come together—means trends tend to unfold in a step-like manner. The internet of things (IoT) market was valued at USD 1490.34�million in 2019, and it is expected to reach a value of USD 7994.97�million by 2025, registering a CAGR of 31.87% over the forecast period (2020 - 2025).� The emerging applications and business models, coupled with the falling device costs, have been driving the adoption rate of IoT, which is, consequently, influencing the number of connected devices, such as�connected cars, machines, meters, wearable, and consumer electronics.� Asia-Pacific, however, is 35% more likely to be targeted by advanced cyber attacks when compared to the world, according to a report by FireEye. - Asia-Pacific is the most prominent region for the adoption of IoT, owing to smart city projects being built in the region. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates. With the traditional manufacturing sector amid a digital transformation, the IoT is fueling the next industrial revolution of intelligent connectivity. This robust growth is expected to be driven by the increased industry focus on deploying a connected ecosystem and the standardization of 3GPP cellular IoT technologies. To understand key trends, Download Sample Report. Global IoT Market Trends: Asset management, inventory management, fleet management in transportation as well as government security are the hottest areas for the growth of IoT market. The increasing need for data analysis and integration of analytics is expected to propel the utilization of the Internet of Things market over the forecast period. 6.1.8 Trustwave Holdings 5 MARKET SEGMENTATION According to a study at Stanford University and Avast, North American homes have the highest density of IoT devices of any region in the world. Enterprise network hardware alone was valued at USD 52 billion. The 7 Biggest Technology Trends In 2020 Everyone Must Get Ready For Now. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Industrial IoT market is expected to reach market growth at a rate of 15.2% in the forecast period of 2020 to 2027. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research. 1.3 Scope of the Study 8 MARKET OPPORTUNITIES AND FUTURE TRENDS. The growing adoption of IoT technology across end-user industries, such as manufacturing, automotive, and healthcare, is driving the market’s growth positively. 5.3.7 Others End-user Industries 4.6 Industry Attractiveness - Porter's Five Force Analysis 5.3.1 Automotive Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report. For instance, according to IT Candor, the size of the global network hardware market during fiscal 2018 was valued at USD 181 billion. 5.3 By End-user Industry March 2020 - Microsoft & Cisco Systems announced a partnership to enable seamless data orchestration from Cisco IoT Edge to Azure IoT Cloud. Additionally, the use of e-commerce platforms is rapidly increasing owing to the ease of shopping and increasing smartphone penetration in the market, which is likely to boost the market. Top 20 Emerging IoT Trends 1. Because trends do not occur in a vacuum, the report provides context through market sizing, workforce dynamics, and other references to supporting data. However, one of the significant beneficiaries of Internet of Things (IoT) is the education sector. The average household in the region would have an average of 9 devices by 2022, and nearly half (48%) of total devices and connections will be video capable. IoT has combined hardware and software with the internet to create a more technically-driven environment. 4.3.2 Emergence of Smart Cities Key Market Trends 5.3.5 Energy & power Industry 4.0 and IoT are at the center of new technological approaches for development, production, and management of the entire logistics chain, otherwise known as smart factory automation. IoT in Automotive Market was valued at USD 29.91 Billion in 2018 and is projected to reach USD 183.72 Billion by 2026, growing at a CAGR of 25.5% from 2019 to 2026. 5.4.5 Middle East & Africa 1.1 Study Assumptions and Market Definition, 4.2.1 Increasing Adoption of Connected Devices and Technology Proliferation, 4.2.2 Rapid Growth and Technological Advancements in Data Analytics, 4.3.1 Issues Related to Security and Privacy of Data and Connectivity of Devices and Interoperability, 4.6.2 Bargaining Power of Buyers/Consumers, 8. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. Information Technology & Telecommunication. Industrial IoT Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025. Big Data Convergence. 6.1.9 Gemalto NV This market is characterized by growing levels of product penetration, moderate/high product differentiation, and high levels of competition. Increasing smart home adoption is a major trend in boosting the market. 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