Overview
Internet of Things is an industrial revolution, which is building on the infrastructure of organizations. Networking of physical objects with the help of sensors and actuators which are capable of transmitting data is known as internet of things. The data collected is then analyzed with the help of tools and algorithms which is helpful in optimizing products and services.
Personal healthcare is a major area where Internet of Things is benefitting users by providing real-time data. Fit bands and blood pressure bands which are powered by IoT connects users to healthcare systems which helps in monitoring and tracking the user’s data. The Wearable segment in consumer electronics is expected to drive the market during the forecast period. Ayla networks, an Internet of things platform solution and service provider predicts that by the end of 2018, 111.9 million units of health monitoring devices are going to be deployed.
Smart home is the other leading segment in consumer electronics. Intrusion detection and monitoring of valuable assets help in preventing criminal activities. Smart homes integrate features like room control, entertainment systems, controlling air flow control and more. Digital assistants control the lighting, HVAC and other equipment through user voice. By giving voice commands to the digital assistant the home can be controlled through common cloud to which the devices are linked. IoT helps users in performing tasks in an efficient way to optimize time and money. It allows organizations, governments and others to improve their service deliverables.
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Google LLC is about to acquire Xively, a global, public company that provides remote access and collaboration products to manage the increasing devices which are connected to the internet. The acquisition helps Google by increasing their existing customer base which count on sensors and other hardware.
Regional Analysis:
Globally, North America holds the major share for IoT in consumer electronics market. The presence of major technology-based companies in the region, and high adoption of smart home automation makes drives the market in this region. Asia Pacific is estimated to show steep growth during the forecast period. The developments in technology related to Internet of Things, high investments in home automation solutions, and increasing consumer base among wearable and smartphones are driving the market in this region.
Some of the key players in the global IoT in consumer electronics market are Intel Corporation (U.S.), IBM Corporation (U.S.), Gainspan (U.S.), Apple Inc. (U.S.) Particle.io (U.S.) Libelium Comunicaciones (Spain), Qualcomm Technologies (U.S.), Silicon Laboratories (U.S.), Lantronix, Inc. (U.S.), ARM Holdings Plc., (U.K), Symantec (U.S.), PTC (U.S.), Texas Instruments (U.S.), Hewlett Packard Enterprise (U.S.), STMicroelectronics (Switzerland), Cisco Systems (U.S.), Amazon Web Services (U.S.), Ayla Networks (U.S.), Losant IoT (U.S.), Notion (U.S.), Pepper (U.S.) among others.
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Table of Contents
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
Continued…
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Market ScenarioInternet of Things is changing user lives, with its widespread of applications in day to day activities.
Consumer electronics are considered as a key area in the Internet of Things which is gaining momentum every day.For consumer electronics manufacturers, IoT is enabling new revenue opportunities by providing new products to the customers which helps in cross functioning with other devices.
The data regarding daily usage of applications can be recorded and stored on data server and can run analysis on the internet which can detect patterns and can schedule run on their own.The rise of cloud computing, increase in usage of smartphones and tablets for controlling IoT devices and developments in IoT security are the key factors driving the market for global IoT in consumer electronics.Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/997On the basis of connectivity the segment is further classified into NFC, Bluetooth, Wi-Fi, Zwave, ZigBee and others.
Wi-Fi is used to replace existing Ethernet-based communication in order to provide easy access and provide short-range wireless connectivity.
It helps in reducing the spectrum connectivity cost and is easy to deploy.
Kaa is a middleware platform capable of managing, collecting and analyzing every aspect of connected devices.
OverviewThe IoT in Consumer Electronics Market is projected to grow at a CAGR of 24.16% during the forecast period.
As per the IoT in consumer electronics market research report, the global market for IoT in consumer electronics is anticipated to grow rapidly by US$124 Billion by 2027.As per analysts, the rise of cloud computing along with the developments in IoT security will drive the market growth throughout the forecast period.
The IoT in consumer electronics market research report by expert analysts is intended to help companies in the IoT in consumer electronics market.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/997Market SegmentationThe global IoT in consumer electronics market has been segmented based on connectivity, deployment, region, and product.
However, as per the IoT in consumer electronics market research report, increase in usage of smartphones and tablets as well as the early adoption of IoT will drive growth during the forecast period.These key growth factors will help support the IoT in consumer electronics market growth at a high CAGR.
The IoT in consumer electronics market research report offers crucial details about the IoT in consumer electronics market based on the data and forecasts till 2027.Regional OverviewNorth America, Europe, Asia Pacific and the rest of the world regional market for IoT in consumer electronics are primarily covered in the global IoT in consumer electronics market research report.
The IoT in consumer electronics market research report further explores other regional markets from the rest of the world including IoT in consumer electronics markets of the Middle East and Africa.
