Internet of Everything (IoE) Market Analysis Till 2020

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Internet of Everything (IoE) Market Share, Size,
Analysis, Growth, Trends and Forecasts to 2020
Hexa Research
Global internet of everything (IoE) market
would exceed USD 7,000 billion by 2020
Internet of Everything (IoE) is a systematic
connection of data, things, processes and people.
It enables the convergence of previously
unconnected physical and digital domains. IoE is
drastically changing the way business
organizations function. It is affecting not just
technological areas of enterprises but also
crucial business strategies.
Market Growt
The worldwide Internet of Everything (IoE) Market
is expected to grow substantially in the future.
It is likely to observe a CAGR of more than 16
during 2014 to 2020. The market would exceed USD
7,000 billion by 2020.
Accelerated internet penetration, proliferation
of connected devices and growing expenditure on
technology across the globe will be the crucial
drivers of the worldwide Internet of Everything
(IoE) market. IoE is being adopted by various
public and private institutions, like educational
establishments non-governmental organizations
healthcare bodies federal state governmental
agencies, etc.
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Faster networks, internet security equipments and
high-speed processors are also estimated to
propel the demand for the Internet of Everything
(IoE) Market. The emergence of big data analytics
would prove favorable for the market. Moreover,
the rising demand for Information and
Communications Technology (ITC) products,
particularly in Asia Pacific, is also anticipated
to escalate the sales of the Internet of
Everything (IoE) market.
Market Restraints
Internet security issues are likely to hamper the
future prospects of the Internet of Everything
(IoE) market. Lack of high-speed connectivity in
many regions will pose a challenge for
high-traffic data transfer, thereby restricting
further growth of the market.
The success of the Internet of Everything (IoE)
market depends on some factors. These are
compatibility of hardware and software proper
synchronization improvements in wired and
wireless infrastructure advancements in data
mining and analysis etc.
Business Verticals - Insights The Internet of
Everything (IoE) market can be divided into two
business verticals - business to business (B2B)
and consumer.
B2B can be further spit into retail
manufacturing transportation banking financial
services insurance utility healthcare
public and communication media. Within the B2B
vertical, the highest demand for IoE services was
generated by the manufacturing sector.
Manufacturing captured a share of over 30 in
2013. Public followed manufacturing and was
valued at 20 of the worldwide Internet of
Everything (IoE) market. Healthcare, with a CAGR
of more than 20 from 2014 to 2020, is foreseen
to grow most rapidly.
The consumer business vertical registered income
worth about USD 624 billion in 2013.
Regions - Outlook
The key regional segments in the Internet of
Everything (IoE) market are Asia Pacific, Latin
America, Middle East Africa, Japan, North
America, Eastern Europe and Western Europe. North
America assumed leadership in 2013. It accounted
for more than 33 of the total revenue. The
region is likely to grow strongly at a CAGR of
14 by 2020.
It was followed by Western Europe. Western Europe
and Asia Pacific together, contributed
approximately 20 of the worldwide Internet of
Everything (IoE) market revenue in 2013. Asia
Pacific is anticipated to grow the fastest. It
would expand at a CAGR of more than 18.5 from
2014 to 2020.
Components - Overview
Based on components, the Internet of Everything
(IoE) market is categorized into infrastructure
enablement spending intelligent systems and
services enablement spending. Intelligent systems
were worth USD 1,500 billion in 2013.
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They are expected to grow at a CAGR of 15 from
2014 to 2020. Infrastructure enablement spending
is likely to be the fastest growing component by
2020. It is estimated to register revenue worth
around USD 1,160 billion in 2020.
Competitive Profile
Some of the participants of the Internet of
Everything (IoE) market are Ericsson, Cisco
Systems Inc., Oracle Inc., Vodafone Group Plc.,
Google Inc., and Hewlett-Packard Company. The
others are IBM Corporation Apple Inc. Samsung
Electronics Co. Ltd. and Accenture Inc among
others.
These players focus on technological advancements
to grow and stay competitive. Consolidation
through mergers, acquisitions and strategic
alliances are common among them.
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Table of Content of Internet of Everything (IoE)
Market
Executive Summary Internet of Everything (IoE)
industry critical success factors Industry Outlook
Industry Dynamics
Internet of Everything (IoE) Market
drivers Internet of Everything (IoE) Market
restraints Internet of Everything (IoE) Key
Market Opportunities Internet of Everything (IoE)
Porters Analysis Internet of Everything (IoE) -
PESTEL Analysis Internet of Everything (IoE) -
Company Market Share Analysis Internet of
Everything (IoE) Application Outlook Internet of
Everything (IoE) Regional Outlook Internet of
Everything (IoE) Company profiles
Research Methodology Research scope
assumptions List of data sources
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About Us
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organization, offering industry reports, custom
research and consulting services to a host of key
industries across the globe. We offer
comprehensive business intelligence in the form
of industry reports which help our clients obtain
clarity about their business environment and
enable them to undertake strategic growth
initiatives.
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