About Internet of Everything
Internet of Everything (IoE) refers to the network of embedded computing devices that are clearly interconnected within the existing Internet infrastructure. It is a networked connection of people, processes, data, and things. The advent of IoE (Internet of Everything) technology has met the growing need for better lifestyles and energy optimization. The growth of portable devices such as smartphones and tablets supports new technological development. The presence of a seamless automation technology sector is expected to bring significant revenue to the global Internet of Everything (IoE) market. Although the Internet of Everything (IoE) is in its early stages, the technology is expected to generate significant revenue in the global technology market in the years to come. The Internet of Everything (IoE) is a more mature and evolved form of the Internet of Things that also plays an important role in measuring market growth. The active growth rate in the world Internet of Things (IoT) market is also a key indicator of growth in the Internet of Everything (IoE) market. In addition, the added benefits, benefits, and services that the Internet of Everything (IoE) offers are intended to drive demand in the world market. Based on the above factors, it is forecast that the demand dynamics of the global Internet of Everything (IoE) market will improve in the coming years.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Internet of Everything market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Amazon Web Services, Inc. (United States), AT&T, Inc. (United States), Cisco Systems, Inc. (United States), IBM Corporation (United States), Software AG (Germany), ABB Ltd. (Switzerland), Daimler AG (Germany), Hewlett Packard Enterprise Development LP (United States), Microsoft Corporation (United States), Google, Inc. (United States), Peach John Co. Ltd. (Japan), Digi International (United States), Fujitsu (Japan), SAP SE (Germany), General Electric (United States) and Royal Dutch Shell (Netherlands) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are C-Labs Corporation (United States) and Wipro (India).
Segmentation Overview
AMA Research has segmented the market of Global Internet of Everything market by , Application (Smart Homes, Mobile & Wearable Device, Connected Car, Smart Cities and Others) and Region.
On the basis of geography, the market of Internet of Everything has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Hardware [Sensors, RFID Tags, Smart Devices, Others] will boost the Internet of Everything market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Wi-Fi will boost the Internet of Everything market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industrial Verticals, the sub-segment i.e. BFSI will boost the Internet of Everything market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Trend in the Inclination of Industries toward Process Automation, Evolution of Business Models across Various Industries That Include Manufacturing, Rise In Adoption of Cloud-Based Internet of Everything (IoE) Solutions and The Growth of Portable Devices, Such As Smartphones and Tablets
Market Growth Drivers:
Rapid Advancements in Internet, Increase in Online Transactions, Introduction of New Technologies for Enterprise Mobility and Big Data Analytics and The Rise in Needs for Better Lifestyles and Energy Optimization
Challenges:
Unawareness Regarding the Usage of Technology
Restraints:
Privacy & Security of Data and Reliability of Devices and Lack of Connectivity in Rural Areas
Opportunities:
Increased Technology Budgets by Governments and Proliferation of Connected Devices and Advancements in the Field Of Automation Technology, Artificial Intelligence, and Internet of Things (IoT)
Market Leaders and their expansionary development strategies
In December 2022, Mensa Brand Technologies Private Limited, which owns a clutch of direct-to-consumer companies under Mensa Brands, has partnered with India Lifestyle Network to acquire lifestyle portals MensXP, iDiva, and creator management and marketing company Hypp from Times Internet.The acquisitions that have been done for an undisclosed sum will enhance Mensa’s digital brand-building capabilities and provide synergies in building a next-gen, digital-first consumer company
In July 2023, Vodafone Idea Foundation, in partnership with the Telecom Sector Skill Council (TSSC), has launched the IoT Centre of Excellence at Indira Gandhi Delhi Technical University for Women
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Providers of Internet of Everything, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.