Global Internet of Things (IoT) Device Market, Forecast to 2024

Global Internet of Things (IoT) Device Market, Forecast to 2024

By 2024, there will be Over 7 Connected Devices per Human in the World, Driving Automation and Powering the Data Economy

RELEASE DATE
21-Nov-2018
REGION
North America
Research Code: 9A5C-00-16-00-00
SKU: CI00588-NA-TC_22577

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Description

The globa IoT devices market is broken down by region North America, Asia-Pacific, Europe, Middle East and Africa, Latin America. Each region is also segmented by application.

In 2024, Building Automation, Security & Surveillance followed by Factory and Industrial Automation will continue to dominate the market, jointly contributing more that 60 percent. Connected consumer electronics represents the fastest growing segment. In 2017, there were over 15.8 billion IoT devices in service. By 2024, the number is expected to reach 60.7 billion, growing at a CAGR of 21.2 percent.

Author: Dilip Sarangan

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Market Analysis

Related Research
The globa IoT devices market is broken down by region North America, Asia-Pacific, Europe, Middle East and Africa, Latin America. Each region is also segmented by application. In 2024, Building Automation, Security & Surveillance followed by Factory and Industrial Automation will continue to dominate the market, jointly contributing more that 60 percent. Connected consumer electronics represents the fastest growing segment. In 2017, there were over 15.8 billion IoT devices in service. By 2024, the number is expected to reach 60.7 billion, growing at a CAGR of 21.2 percent. Author: Dilip Sarangan
More Information
No Index No
Podcast No
Author Dilip Sarangan
Industries Cross Industries
WIP Number 9A5C-00-16-00-00
Is Prebook No
GPS Codes 9657,9702-C1,9705-C1,9820-C1,99D7-C1,99D9-C1,9A5B-C1,9A5C-C1,9A64-C1,9A66-C1,9AD1-C1,9B07-C1