Connected IoT Devices Market 4

Key Players:
Some of the prominent players in the global connected IoT devices market are Advantech Co., Ltd.
(Taiwan), Aeris Communication, Inc. (U.S.), Amplia Soluciones (Spain), Cumulocity GmbH (Germany),
IBM Corporation (U.S.), Microsoft Corporation (U.S.), Oracle Corporation (U.S.), PTC Incorporation
(U.S.), Smith Micro Software, Inc. (U.S.), Telit Communications PLC (Italy), Wind River Systems (U.S.),
Xively (U.S.), Samsung Electronics Co. Ltd. (South Korea), Motorola Inc. (U.S.), Nokia Solutions
Network (Finland), LG Corporation (South Korea), Hewlett-Packard (U.S.), HTC Corporation (Taiwan),
Apple Inc. (U.S.), Dell Inc. (U.S.) and others.
Segments:
The global connected IoT devices market has been segmented based on component, deployment,
and application.
By component, the global connected IoT devices market has been segmented into solution and
services.
The solution segment has been further segmented into data management, remote monitoring, and
real-time streaming analytics, security solutions, and network bandwidth management. The security
solutions segment is expected to be the largest segment over the forecast period. The growth of this
segment can be attributed to increasing concerns relating to security.
The service segment has been further segmented into professional services and managed services.
The professional service sub-segment has been segmented into consulting services, integration
services, and support and maintenance.
By deployment, the global connected IoT devices market has been segmented into private cloud,
public cloud, and hybrid cloud.
By application, the global connected IoT connected devices market has been segmented into smart
homes, smart utilities, smart manufacturing, smart retail, connected health, connected logistics, and
others.
Regional Analysis:
North America, Asia Pacific, Europe, and Rest of the World are the key markets for connected IoT
device. North America dominates the connected IoT devices market, led by the US and Canada. The
proliferation of intelligent connected devices coupled with rising technological advancements fosters
the growth of North America connected IoT devices market. The region has a tendency to swiftly
adopt new and advanced technologies which are plus for the North America market. Also, the
presence of major players in the region and presence of well-established infrastructure facilitates
faster implementation of advanced technologies which creates a supportive environment for the
growth of the market.