Global Internet of Things (IoT) Market Shares, Strategies, and Forecasts 2017 to 2023

Research and Markets has announced the addition of Wintergreen Research, Inc’s new report “Internet of Things (IoT) Market Shares, Strategies, and Forecasts 2017 to 2023” to their offering.

The worldwide market for Internet of Things (IoT) is $16.3 billion in 2016 anticipated to reach $185.9 billion by 2023.

The study is designed to give a comprehensive overview of the Internet of Things (IoT): market segment. Research represents a selection from the mountains of data available of the most relevant and cogent market materials, with selections made by the most senior analysts.

The Internet of Things (IoT) is the next Industrial Revolution. It will impact the way all businesses, governments, and consumers interact with the physical world. 1 Gbps and 10 Gbps speed has been used in data centers for years. The jump to 40 Gbps and 100 Gbps has come rapidly as a result of the need to increase the quantity of data managed inside the data center with more analytics and more applications. Many of the Cloud 2.0 mega data centers have moved to 100 Gbps, presaging the move to 400 Gbps. One reason for the increase in speed is the growth of data consumption, attributed to smartphones, social media, video streaming, Internet of Things (IoT), and big data. Big pipes are used to cope with the huge quantities of data that are being transferred.

Sensors and software analytics platforms are implemented with connectivity capability for streaming data from endpoints and using analytics to process the data in a manner that generates alerts when appropriate. The complete report provides a comprehensive analysis of Internet of Things (IoT) in different categories, illustrating the diversity of uses for digital tracking devices in industry, healthcare and consumer markets.

Commentary on every aspect of the market from independent analysts creates an independent perspective in the evaluation of the market. In this manner the study presents a comprehensive overview of what is going on in this market, assisting managers with designing market strategies likely to succeed.

IoT Brings Digital Connectivity to Everything, Implements APIs, SOA, Data Streaming, End-Point Analytics, Digital Controls, and Sends Alerts.