BrandEssence Market Research and Consulting Private Limited

Abstract

The report provides a detailed summary of the project undertaken during the 2-month course of summer internship at BrandEssence Market Research and Consulting Private Limited. An extensive research work has been carried out in Global Internet of Things market. The Internet of Things is a network of objects connected by the Internet. These objects use integrated sensors to collect and exchange data. The Internet of Things combines hardware and software with the Internet to create a technology-centric environment. Internet of Things technology makes it possible to connect various smart devices together, thereby simplifying operation and sharing of data between them. There are a variety of smart devices, such as sensors, actuators. smartphones, and portable devices, that collect the necessary data from the device and use it to improve the customer experience. This is currently one of blooming markets in the world and it is expected that it is going witness a high growth with significant CAGR in the coming years. This study consists of analytical depiction of the global internet of things market trends, future forecasts and estimations, which helps to identify opportunities in market place for the investors. The report covers an in-depth analysis as well as insights of readily emerging trends and competitive landscape providing some evolving opportunities for the leading players in the market, for the ones who wish to enter into the market or outgrow their existing competitors in the industry. It also covers historical and forecast analysis of IoT market. The years 2015 to 2025 have been taken into account in order for an analysis to highlight the financial competency of the IoT industry in different regions around the world in diverse segments of the industry.