Connected Device Industry up to 2021 market research report popular trends, technological advancements and opportunities
Global Connected Devices Market is classified on the basis of
types of devices, end users and geography. Devices that can be connected via
internet in order to improve performance and utility are coined as connected
devices. Generally, these devices are multifunctional and are able to deliver
digital content.
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Factors responsible for the growth of Connected Devices Market
include rising industrialization, urbanization, increasing demand,
technological innovations and wide range of applications. In addition, factors
such as smartphone adoption on a large scale, extended internet connectivity
and huge Internet of Things (IoT) investments also significantly fuel the
growth of the market. On the other hand, there are certain factors that may
hamper the growth of the market such as privacy and security issues.
Connected Devices Market is classified on the basis of types of
devices as remote sensors, smart phones, remote monitoring, e-Readers, routers,
tablet, navigation devices, media players, imaging devices and others. Based on
end-users the global market is bifurcated into homes, offices, hospitals,
transportation, military and others.
Based on geographical segmentation, the Connected Devices Market
spans North America, Latin America, Western Europe, Eastern Europe, Asia
Pacific, Japan and Middle East and Africa. The North American region consists
of the U.S., and Canada. Latin America region consists of Mexico and Brazil.
The Western European region consists of Germany, Italy, France, England and
Spain. The Eastern European region consists of Poland and Russia. Asia Pacific
region consists of China, India, ASEAN, Australia and New Zealand. The Middle
East and Africa region consists of GCC, South Africa and North Africa.
Some of the key players that fuel the growth of the Connected
Devices Industry include Apple, Canon, Epson, Electrolux, Fitbit, Google, HP,
Honeywell, Pace, Lenovo, Nintendo, Microsoft, Nest Labs, LG, Sony, Samsung,
Siemens, Technicolor, Pebble, Xiaomi, ODG, Recon Instruments, Vuzix, Whirlpool,
Schneider Electric, Philips, KISI, and August.
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