Market Research Future prophesies the scope of the global enterprise IoT market. The global enterprise IoT market 2020 is slated to expand up to USD 58 Billion by 2023, at 26% of CAGR over the prognosis period (between 2017 and 2023).
Market Scenario
Identification of building intruders and the use of indoor surveillance events, can drive volume and becoming the second-largest IoT customer, thereby increasing the global Enterprise IoT Market valuation. The market is witnessing the stellar growth from factors such as residential and commercial smart electricity metering which could fuel IoT adoption among utilities in the coming years. Increasing acceptance of BYOD and mobile apps is a major factor driving the development of the IoT market for enterprises. The key driver of the growth of the IoT enterprise market is the emerging need for digitization and rising cloud platform adoption. Furthermore, reducing the cost of connected devices is another important factor driving enterprise growth in the IoT market.
Progressing wireless networking infrastructure is also another significant factor accountable for driving businesses' success in the IoT industry. Big companies such as IBM Corporation and Bosch are investing in the enterprise IoT market owing, among other factors, to the growing demand from different vertical industries such as healthcare, business, education, and manufacturing.
Competitive Dashboard
The major players in the global enterprise IoT market are Microsoft Corporation (U.S.), Intel Corporation (U.S.), Cisco Systems, Inc. (U.S.), Oracle Corporation (U.S.), Amazon Web Services, Inc. (U.S.), Google Inc. (U.S.), Hewlett Packard Enterprise (U.S.), Verizon Communications (U.S.), Bosch Software Innovations GmbH (Germany), IBM Corporation (U.S.), and others.
Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/4245
Market Segmentation
By Component Solution
- Data Management
- Network Bandwidth Management
- Remote Monitoring
- Security
Services
- Professional Services
- Support & Maintenance
- Consulting
- Deployment & Integration Managed Services
By Platform
- Device Management
- Application Management
- Network Management
By Enterprise Type
- SMEs
- Large Enterprises
Avail Free Sample@ Enterprise IoT Market 2020 Expected to Showcase Extensive Growth, Business Opportunity | Industry analysis by Major Companies: Microsoft, Intel, Cisco
Regional Outlook
The regional analysis of enterprise IoT market is being studied for regions such as Asia Pacific, Middle East and Africa, North America, Europe, and Latin America.
North America's global business IoT market is expected to see significant growth relative to other markets, and have the largest market share over the forecast period. The U.S. and Canada are expected to fuel IoT business demand for businesses. This is due to the involvement of a large number of well-known major players including HP, Cisco Systems, IBM Corporation, and Amazon Web Services in that region. Some countries have developed economies that allow them to spend heavily in R&D.
Get More Information: https://www.marketresearchfuture.com/reports/enterprise-iot-market-4245
TABLE OF CONTENTS:
- Market Introduction
- Research Methodology
- Market Dynamics
- Executive Summary
- Market Factor Analysis
- Enterprise IoT Market, By Segments
- Competitive Analysis
Continued…
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Us
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: [email protected]
Enterprise IoT Market Share, By Component (Solution, Service), By Platform (Device Management, Application Management, Network Management) and By Enterprise Type (SMEs, Large Enterprises) – Global Forecast 2023Enterprise IoT Market Share - OverviewThe IoT will have a great impact on the economy by transforming many enterprises into digital businesses and facilitating new business models, improving efficiency, and generating new forms of revenue.
It is essential for enterprises to understand how the IoT can enable transformation of their business and industry.
The benefits of the IoT for business depend on the particular implementation, but the key is that enterprises should have access to more data about their own products and their own internal systems, and a greater ability to make changes as a result.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/4245Enterprise use of the IoT can be divided into two segments: industry-specific offerings like sensors in a generating plant or real-time location devices for healthcare; and IoT devices that can be used in all industries, like smart air conditioning or security systems.
While industry-specific products will make the early running, by 2023 MRFR predicts that cross-industry devices will reach 4.4 billion units, while vertical-specific devices will amount to 3.2 billion units.
IBM and Bosch have joined forces for developing new technologies for enterprise IoT and in order to deliver comprehensive IoT solutions for their respective organizations.
Development of wireless networking technologies is also another major factor responsible for fuelling the growth of enterprise IoT market.Key PlayersThe prominent players in Enterprise IoT Market Share are – Intel Corporation (U.S.), Cisco Systems, Inc. (U.S.), Microsoft Corporation (U.S.), Oracle Corporation (U.S.), IBM Corporation (U.S.), Google Inc. (U.S.), Hewlett Packard Enterprise (U.S.), Amazon Web Services, Inc. (U.S.), Bosch Software Innovations GmbH (Germany), Verizon Communications (U.S.) and others.SegmentationThe Global Enterprise IoT Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding.Segmentation by component: Comprises solution (data management, network bandwidth management, remote monitoring, and security) and services (professional and managed services).Segmentation by platform: Comprises device management, application management and network management.Segmentation by enterprise type: Comprises SME and large enterprises.Segmentation by regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.Regional AnalysisGeographically North America holds the major market share in the market for global enterprise IoT market.
Market HighlightsIn this rapidly changing world of technology, enterprise IoT market is projected to show major growth prospects during the forecast period.
Major factor driving the enterprise IoT market is the rapid digitalization and increasing adoption of mobile communication devices.Segmented AnalysisThe global enterprise IoT market, by geography, has been segmented into North America, Europe, Asia Pacific and Rest of the World.
This is owing to the presence of large number of established key players like IBM Corporation, HP, Cisco Systems and Amazon Web Services in that region.In addition to this, the region also has a well-established infrastructure which allows higher penetration of devices and ultimately provides better connectivity.
Reduction is costs of connected devices is another major factor driving the growth of enterprise IoT market in the region.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/4245The Enterprise Iot Market is growing rapidly over 26% of CAGR and is expected to reach at approx.
Avail the in-depth table of content TOC & market synopsis on “Enterprise IoT Market Research Report-Forecast to 2027”.
Enterprise IoT Market SegmentationThe enterprise IoT market has been segmented on the basis of component, platform and enterprise type.
Operations expenses contribute a lot to manufacturing costs.
With a proper asset management system in place, the high expenditure can be controlled.
Traditional or modern or the highly advanced – the key to profitability in Manufacturing (both product and process manufacturing) is in the most productive utilization of your assets, physical as well as human.
A performance-driven company would be obsessed with quantifying, tracking, measuring, and monitoring their assets.
And, without asset tracking this is highly difficult.And compared to legacy models of asset management, IoT asset tracking is cheaper, faster, and better – giving you a competitive advantage if deployed right and quick.
Let’s see how it works.
Wipro Holmes Automation fulfills all the four categories that automation providers need in order take strategic decisions on how to play the market forces.
Automation services industry is large and diverse with providers following a multi-pronged strategy to gain market share.
