The report is updated with the impact of the COVID-19 pandemic on the IoT Connectivity market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the IoT Connectivity market has been positive or negative.
: The global Internet of Things (IoT) connectivity market size reached USD 5.91 Billion in 2021 and is expected to register a significantly rapid revenue CAGR during the forecast period, according to the latest analysis by Emergen Research. Rising demand for high-performance computing devices for reducing equipment downtime is one of the major factors expected to continue to drive market revenue growth.
Emergen Research has recently published a detailed report on the global IoT Connectivity market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the IoT Connectivity market through verified and validated data curated to offer accurate insights.
Market Segmentations of the IoT Connectivity Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the forecast period. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global IoT Connectivity market on the basis of product, application, and region:
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The report further divides the IoT Connectivity market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the IoT Connectivity market.
IoT Connectivity Market Segmentation:
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Component Outlook (Revenue, USD Billion; 2019-2030)
- Hardware
- Software
- Services
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Application Outlook (Revenue, USD Billion; 2019-2030)
- Building & Home Automation
- Smart Energy & Utility
- Smart Manufacturing
- Smart Grid
- Smart Retail
- Smart Transportation
- Others