Internet of Things Market to Have 21.40% Cagr from 2015 to 2021: Transparency Market Research

Transparency Market

Research

Internet of Things Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast

2015 – 2021

Published Date

2015-10-20

69 Page Report

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Healthcare and Consumer Electronics Industries to Drive Next

Phase of Growth in Internet of Things Market : Transparency

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Internet of Things Market

REPORT DESCRIPTION

The Internet of Things refers to the network of physical objects that attribute an IP address for internet

connectivity. Internet of Things is defined as an invisible and intelligent network of things that

communicate indirectly or directly with each other. Internets of Things enable communication between the

physical objects and other internet-enabled systems and devices. In addition, Internet of Things also

makes the life of consumers much more comfortable and easier by controlling the electronic devices from

one place. Furthermore, technological advancement in the field of healthcare, government initiatives for

expansion of the Internet of Things and need to increase efficiency and cost reduction are the major

factors that are driving the Internet of Things market globally.

Browse the full Internet of Things Market report at

http://www.transparencymarketresearch.com/internet-of-things-market.html

Among all the application segments, industrial holds the largest market share at present in the Internet of

Things market. The potential for cyber physical systems to improve productivity in the supply chain and

production process are increasing the demand of industrial sector in Internet of Things market. Healthcare

and consumer electronics sectors are expected to be the fastest growing applications in the Internet of

Things market globally. In 2014, automotive sector is the second largest...