The global consumer Internet of Things (IoT) market size is expected to reach USD 334.78 Billion in 2032 and register a revenue CAGR of 13.9% during the forecast period, according to the latest analysis by Emergen Research. Increasing adoption of smart devices and growing number of internet users is a major factor driving the market revenue growth. When using the Internet of Things for customer care, organizations can use the collected data to do advanced analytics. Software processes and analyses data generated from IoT devices in the cloud to better understand customer trends and expectations. IoT also improved the notion of client digital verification by enabling applications such as biometric sensors, hence driving revenue growth of the market.
Growing advancements in IoT technology are another factor contributing to the market revenue growth. For instance, on 14 March 2023, Viakoo, the market leader in IoT/OT vulnerability remediation, announced a collaboration with Presidio, a worldwide digital services and solutions provider, to provide comprehensive physical security, Internet of Things (IoT), and Operational Technology (OT) cybersecurity solutions to joint customers. The collaboration assists organizations in achieving convergence in the way physical security and cybersecurity teams function in order to decrease risk and stop threats such as ransomware, data exfiltration, and advanced persistent threats.
The Global Consumer Internet of Things (IoT) Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.
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The global Consumer Internet of Things (IoT) market report discusses in detail the revenue and cost profit analysis of the prominent players of the market. It also focuses on the strategic initiatives taken by the companies to gain a robust footing in the market such as mergers and acquisitions, collaborations, joint ventures, partnerships, corporate and government deals, and licensing agreements, among others. It covers business overview, expansion plans, gross profit margins, revenue growth, production and manufacturing capacity, product portfolio, and financial standing of the companies. SWOT analysis and Porter’s Five Forces analysis are also covered to offer detailed analysis of the key companies operating in the market.
Top Key Players :
Cisco Systems, Inc., Honeywell International Inc., Infineon Technologies AG, Intel Corporation, IBM, Microsoft, NXP Semiconductors, Siemens, STMicroelectronics, TTI Electronics Asia Pte. Ltd
Covid 19 Analysis :
The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market. The report clearly defines the Consumer Internet of Things (IoT) market position on a global level. The detailed insights into the market’s geographical spectrum offered by the report make it an excellent source of knowledge about the Consumer Internet of Things (IoT) industry.
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Offering Outlook (Revenue, USD Billion; 2019–2032)
- Hardware
- Processor
- Microcontroller (MUC)
- Microprocessor (MPU)
- Digital Signal Processor (DSP)
- Application Processor (AP)
- Network Infrastructure
- Server
- Storage
- Others
- Sensors
- Temperature
- Pressure
- ECG
- Accelerometers
- Inertial Measurement Unit
- Humidity
- Light
- Camera Modules
- Others
- Processor
- Software
- Data Management
- Security
- Real-time Streaming Management
- Remote Monitoring
- Network Management
- Others
- Services
- Professional Services
- Consulting Services
- Implementation Services
- Support & Maintenance
- Managed Service
- Professional Services
- Hardware
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End-Use Outlook (Revenue, USD Billion; 2019–2032)
- Home Automation
- Consumer Electronics
- Lighting
- Washing Machine
- Dishwasher
- TV
- Others
- Automotive
- Connected Cars
- In-car Infotainment
- Traffic Management
- Healthcare
- Blood Pressure Monitor
- Fitness & Heartrate Monitor
- Pulse Oximeter
- Blood Glucose Meter
- Others
- Others
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
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Table of content
Chapter 1: Methodology & Scope
- Definition and forecast parameters
- Methodology and forecast parameters
- Data Sources
Chapter 2:
Executive Summary
- Business trends
- Regional trends
- Product trends
- End-use trends
Chapter 3:
Industry Insights
- Industry segmentation
- Industry landscape
- Vendor matrix
- Technological and innovation landscape
Chapter 4:
Regional Landscape
Chapter 5:
Company Profile
- Business Overview
- Financial Data
- Product Landscape
- Strategic Outlook
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- Post-sales Support
TOC of the global Consumer Internet of Things (IoT) Market report:
Chapter 1, describes the Consumer Internet of Things (IoT) Market Introduction, market overview, product offerings, growth opportunities, market risks, driving forces, and challenges.
Chapter 2, analyzes the key manufacturers of Consumer Internet of Things (IoT) Market , along with the sales, revenue, and price of Consumer Internet of Things (IoT) Market , in the forecast period.
Chapter 3, studies the competitive situation among the major manufacturers and vendors, with sales, revenue, and market share.
Chapter 4, analyzes the global market by regions, with sales, revenue, and market share of Consumer Internet of Things (IoT) Market, for each region, from 2020 to 2032.
Chapters 5, 6, 7, 8 and 9, analyze the Consumer Internet of Things (IoT) Market by type, application, regions, and manufacturers, with sales, revenue, and market share by key countries in these regions…Continued
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About Emergen Research
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.