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(I-SoftwareNews.Com, August 16, 2018 ) Market Overview:-
IoT Infrastructure Market is expected to grow at over 25% CAGR to reach over USD 130 billion by 2024. Increasing investments in smart cities across the U.S., China, India, Singapore and UK will drive the IoT Infrastructure Market growth over the forecast timeline. For instance, the Government of India plans to develop nearly 100 smart cities requiring an investment of over USD 150 billion provides impetus to the industry demand. Rising demand for effective & efficient utilization of resources and meet challenges within city infrastructure, transportation and energy management is expected to fuel the demand.
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The deployment of IoT based solutions in cities allows them to wisely use data in order to upgrade the city infrastructure as well as services. Growing demand for water & waste management across the urban areas is expected to drive the IoT infrastructure market growth. Real time sensing of water & drainage operations in a city can be obtained through monitoring equipment such as meters, pressure gauges and wireless networks in a IoT network. Relevant management departments can make use of the data obtained for analysis and making supporting suggestions.
Top Key Players:-
Companies in the IoT infrastructure market include Microsoft Corporation, Intel Corporation, Schneider Electric, IBM Corporation, Huawei Technologies Ltd., Cisco Systems, Inc., SAP SE, Oracle Corporation, PTC Inc., Accenture PLC and Honeywell International Inc. The industry is currently witnessing intense competition owing to the new players entering the market with advanced and innovative set of solutions. Players are currently focusing on enabling sustainability through maintenance and ensuring operational excellence in delivery of infrastructure projects.
Market share calculation in this report is not done based on companies covered in it. The calculation of IoT infrastructure market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
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Regional Segmentations: -
Rising number of smart city & building projects coupled with the advanced infrastructure in the U.S. is expected to propel the industry growth across the region. Asia Pacific IoT infrastructure market is expected to witness substantial growth over the forecast timeline. The growth is credited to the growing demand of smart cities across countries such as China, Singapore, India and Malaysia. Increasing penetration of connected devices followed by heavy investments for smart city infrastructure development further contributes to the industry demand.
Partial Chapter of the Table of Content
Chapter 1. Methodology & Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Scope, definition and research parameters
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. IoT Infrastructure industry 360º synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3. Platform trends
2.1.4. Technology trends
2.1.5. Service trends
2.1.6. Component trends
2.1.7. Application trends
Chapter 3. Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Component suppliers
3.3.2. Software providers
3.3.3. Technology providers
3.3.4. Service providers
3.3.5. System integrators
3.3.6. Vendor matrix
3.3.7. Distribution channel analysis
3.4. Technology & innovation landscape
3.5. Regulatory landscape
3.5.1. U.S.
3.5.2. EU
3.5.3. China
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. Advanced infrastructure in the U.S. and European countries
3.6.1.2. Increasing demand for effective utilization of energy sources in the U.S.
3.6.1.3. Growing demand for automation in office buildings in the U.S.
3.6.1.4. Government initiatives across North America & Asia Pacific
3.6.1.5. Increasing demand of smart cities in India and Singapore
3.6.1.6. Rising demand for water & waste management in China
3.6.1.7. Increasing penetration of connected devices across India & China
3.6.1.8. Increasing adoption of cloud platform in UK & Germany
3.6.2. Industry pitfalls & challenges
3.6.2.1. Data security & privacy concerns
3.6.2.2. High implementation cost
3.6.2.3. Lack of standards and regulations
3.7. Growth potential analysis
3.8. Porter's analysis
3.9. Company market share analysis, 2016
3.9.1. Strategy dashboard
3.10. PESTEL analysis
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Rising demand for customized services to manage the systems in IoT network will drive the professional service segment growth in IoT infrastructure market. Professional service providers with technical expertise provide end-to-end services and deploy the technological solutions in order to increase the operational efficiency. Furthermore, increasing adoption professional services by the users to reduce the total cost of ownership contributes to the segment growth. Increasing government initiatives for smart cities across China, India and Singapore offers opportunities to the service providers to invest in these markets.
Sensors integrated in the devices enable seamless transfer and data exchange in a IoT network. Miniaturization trend coupled with the advancements in the sensor technology helps the manufacturers integrate various functionalities on a single chip. Functionalities include lighting systems, monitoring as well as security. Enormous volume of data is generated from these sensors which require collection and analysis for upgrading the processes. Rising demand for connectivity solutions such as cellular technologies, Wi-Fi and NFC for communication between the devices lies impetus to the connectivity technology segment growth in IoT infrastructure market.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Global Market Insights, Inc.
Arun Hegde
1-888-689-0688
sales@gminsights.com
Source: EmailWire.Com 
Source: EmailWire.com
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