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  • Internet Of Everything Market by Industry Demand, Trends, Type, Manufacturers, Regions, Revenue and Application Forecast To 2025

    (I-SoftwareNews.Com, January 30, 2018 ) Rapid advancement in the internet by which a smart device can communicate with each other by sending or receiving the data through internet connectivity has given rise to the technology named as “Internet of Everything” (IoE). Internet of Everything has witnessed growth opportunity for organization, communities, individual and countries. IoE is the development of technology, business strategies and human-to-technology. Organization adopting IoE solutions change their processes to innovate in an inter-connected world where people and things can collaborate in the new ways. It is the set of Internet of People (IoP) and machine to communication (M2M). M2M communication technology is used for remote monitoring of connected machine. M2M components includes cellular network, intelligent sensors, connectivity platform and radio-frequency identification (RFID). Internet of Everything includes some of the benefits such as cost optimization, community improvement, productivity, national development and resources management for public-private sector. IoE is used in various sectors such as transportation, industrial, automotive, smart homes, utility, surveillance, public safety, retail, healthcare, financial services and warehousing.

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    One of the major driving factor fueling the growth of Internet of Everything is rise in penetration of smartphone device as the growth of portable device such as tablet and smartphones supports the evolution of new technology. In addition to this there are several other factor fueling the growth of IoE are rise in need for better lifestyle, energy optimization, increase in online transaction, innovation of new technology, rise in adoption of cloud-based automation and government initiatives for adopting Internet of Everything (IoE). However, the factor hindering the growth of Internet of Everything is privacy and security of data and reliability. Technological advancement in the telecom industry, adoption of healthcare connected device and advancement in medical technology are expected to boost the market over the forecasted period.

    Internet of Everything (IoE) market is segmented on the basis of technology which includes application technologies, infrastructure technologies and network technologies. Similarly, the market is further segmented on the basis of end user vertical such as business to business (b2b) and consumer and the market is breakdown as b2b end user verticals which includes public sector, transportation sector, communication & media sector BFSI sector, healthcare sector, retail sector, manufacturing sector, BFSI sector and utility sector.

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    The market is segmented into major regions that include North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM). The major countries included are considered in the scope of the study such as U.S, Canada, Mexico, France, Germany, Italy, Spain, UK, China, Japan, India, Australia, South Arabia, UAE, South Africa and Brazil. Some of the key players which dominate Internet of Everything (IoE) market are PTC Inc., Axiros GmbH, Hewlett-Packard Development Company, L.P, SAP SE, Oracle Corporation, Apple Inc., Continental AG, Atmel Corporation, Accenture PLC, Cisco Systems, Inc., Microsoft Corporation, International Business Machines Corp., Ericsson, Schneider Electric SE, Amazon.com, Inc., Freescale Semiconductor, General Electric Company, Enlighted Inc., Samsung Electronics Co. Ltd., Telefonica S.A, Qualcomm Technologies, Inc., Altimetrik Inc. and Wireless Logic Group Ltd.

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