“Global Internet of Things market to be worth over $1,352 billion in 2018” says Visiongain

18 June 2018
Cyber

Visiongain’s Internet of Things (IoT) Market Report 2018-2028: Analysis of Machine to Machine (M2M), Big Data & Cloud Technologies. Forecasts for Smart Home (Smartphones, Energy & Utilities, Safety & Security, Smart Appliances, Connected Devices) Industrial (Oil & Energy, Agriculture, Retail, Manufacturing) Transportation (Aviation, Maritime, Connected Vehicles, Other) Healthcare (Telemedicine, Fitness & Activity) Other (Fixed Broadband, Fixed Communications, Government) report indicates that the Internet of Things market is set to be worth $1,352bn in 2018, driven by the increasing number of IoT applications.

Visiongain’s cyber analyst and the author of Internet of Things (IoT) Market Report 2018-2028 commented that: “The current development and deployment of IoT initiatives could create a new golden era in the global economy. IoT has the potential to increase productivity, disrupt industrial production and change our life as we know it, just as with the earlier technological revolutions. The reason for this is simple; almost every single industry is looking forward and trying to understand how IoT will transform the world. Some governments also hold an interest in the development of IoT.

Visiongain believes that the IoT revolution has already started and is gaining momentum at a fast pace. Simple evidence to support this is the dramatic rate of adoption in mobile technology. This mass adoption is pushing towards a new era of creative disruption in media and amongst mobile network providers.
We expect that in the next ten years, IoT will penetrate different industries and human activities, ranging from the home to the transportation industry, even affecting healthcare systems. IoT has not only allowed for machine-to-machine and machine to object communications, but is radically changing how we perform daily activities such as driving or shopping for daily goods, generating great value for enterprises in the form of increases in production and efficiency, creating savings in OpEx and Capex.”

The 167 page report contains 92 tables, charts and graphs that utilise visual representation in order to clarify trends and market projections within the Internet of Things market. Visiongain provides a range of forecasts for the period 2018-2028, as well as for 5 submarket sectors: Industrial IoT, Automotive & Transportation IoT, Healthcare IoT, Consumer Electronics IoT and Others IoT. The report also provides forecasts are also for each of the 10 leading national markets as well as the ROW.

The Internet of Things (IoT) Market Report 2018-2028: Analysis of Machine to Machine (M2M), Big Data & Cloud Technologies. Forecasts for Smart Home (Smartphones, Energy & Utilities, Safety & Security, Smart Appliances, Connected Devices) Industrial (Oil & Energy, Agriculture, Retail, Manufacturing) Transportation (Aviation, Maritime, Connected Vehicles, Other) Healthcare (Telemedicine, Fitness & Activity) Other (Fixed Broadband, Fixed Communications, Government) report will be of impressive value to current, and future, investors into the Internet of Things market , as well as to companies and research centres who wish to broaden their knowledge of the Internet of Things industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports cusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

“The Artificial Intelligence in Cyber Security market is valued at US$4.94bn in 2019” says Visiongain report

Chatbots are gaining significance as they understand the need of the user and provide a specific set of responses for which they are trained. They are also poised to disrupt various industries, such as retail, and banking and insurance, and are personified through artificial intelligence.

12 April 2019

Read

“$8.8bn Military Cyber Security market poised for sustained growth due to decline of monopolar geopolitical stage” says new Visiongain report

The $8.8bn Military Cyber Security Market is set to grow by 5.7% in the 2019-2029 period.

01 April 2019

Read

“$4.6bn Facial Recognition Technology market is poised for astonishing growth due to increased adoption” says new Visiongain report

Currently, the 2D facial recognition technology dominates the global facial recognition technology market in 2019.

04 March 2019

Read

“The Cyber Insurance market is valued at $4.3bn in 2019” says new Visiongain report

The Cyber Insurance market is expected to witness a high growth owing to key factors such as increasing cyber-attacks globally across several end-user industries and government legislation mandating the use of cyber insurance.

31 January 2019

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever