Industry Background:
Enterprise Internet of Things or in reality Enterprise IoT is the subsequent development in technological know-how that permits bodily 'things' with embedded computing gadgets (tiny computers) to take part in commercial enterprise strategies for decreasing guide work and growing universal enterprise efficiency. Enterprise IoT protection is a need to for any corporation that wishes to installation IoT options and concurrently reduce the threat of statistics breaches, ransomware attacks, insider threats, and different varieties of IoT assaults on bodily gadgets and the underlying network. Enterprises have the reach, capital, and assets to set up next-generation IoT options and offerings at a very massive scale. As such, they additionally run the hazard of upfront enforcing structures and options that are inclined to exterior threats and cyber-attacks.This growth is primarily driven by Increasing Adoption of Cloud-based Platforms
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | USD (Million) |
Key Companies in Study | IBM (United States), Cisco (United States), Microsemi Corporation (United States), SigFox (European Union), Cypress Semiconductor (United States), Alibaba Cloud (China), Samsara (United States), Sierra Wireless (France), Pulse Electronics Corporation (United States) and Gemalto. (Netherlands) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The IT Consulting & Other Services sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as IBM (United States), Cisco (United States), Microsemi Corporation (United States), SigFox (European Union), Cypress Semiconductor (United States), Alibaba Cloud (China), Samsara (United States), Sierra Wireless (France), Pulse Electronics Corporation (United States) and Gemalto. (Netherlands), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2021, Telecom operator Citymesh acquires the Belgian Sigfox operator ENGIE M2M.With this acquisition, Citymesh completes its wireless portfolio with 0G connectivity. The Sigfox network is ideally suited for IoT projects that use ultra-low bandwidth and need long battery life. The global roaming capabilities will allow Citymesh to support both national and international customers.
In 2021, Sigfox and CAR-LITE, a leading Spanish company in the design and manufacture of emergency signalling beacons for cars, have launched a new smart beacon model base on IoT technology and Sigfox 0G network.The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies.
Enterprise Iot Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increasing Adoption of Cloud-based Platforms
- Growing Number of Wireless Networking Technology will benefit the Global Enterprise IoT Market
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Influencing Trends | - Precise Data Processing with Edge Computing
- The Amalgamation of IoT with Healthcare Industry
- Blockchain & IoT Enhance the Security
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Restraints | - Lack of Technological Awareness
- Slower Economic Growth
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Road Blocks / Challenges | - Compatibility and Interoperability of Different IoT systems
- Identification and Authentication of Technologies
- Integration of IoT Products with IoT Platform
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Gaps & Opportunities | - Growing IoT penetration among SMEs
- Maturing underlying technologies will make Internet of Things technologies easier to implement and help companies and investors seize
- Wide Applications
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AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Enterprise Iot Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the medium utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Enterprise Iot Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, SEC filings of Enterprise Iot players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Enterprise Iot Study Sheds Light on
The Enterprise Iot Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Enterprise Iot industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Enterprise Iot industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.