The global Consumer IoT Market is expected to exceed USD 142 Billion by 2026, with CAGR at 17% in the given forecast period.
Consumer IoT is broad term which is employed to ask an array of private devices, like smartphones, wearables, fashion items and residential appliances that are linked to the web. Consumer Internet of Things differs from Internet of Things mainly in terms of sort of devices and therefore the applications it is used for. Consumer Internet of Things not remains a novelty. The technology has capability to rework every nook and corner of the planet. From home to office, drawer to shoe rack, consumer IoT has changed the way we handle our day to day work. Adding sensors and other functionalities to products is normal now-a-days. Higher product control, better business insights, resource tracking, business streamline, and better interaction to people, systems and environments are a number of the benefits of consumers IoT. The increasing number of internet users & adoption of smart devices, growing awareness about fitness & growth in disposable incomes in developing economies are boosting the expansion of the market. Government funding in R & D associated with IoT is that the key opportunity of the worldwide consumer IOT market. Consumer preference for amended convenience & better lifestyle, the growing significance of home monitoring from remote locations, and government rules for security of IoT devices also are propelling the expansion of the worldwide consumer IOT market. However, risks of knowledge privacy, breaches associated in data security are limiting the expansion of the market. The solution segment within the consumer IoT market is predicted to grow at the very best CAGR during the forecast period due to the increase within the number of connected devices, and growth within the volume of knowledge. Furthermore, the increase within the number of connected devices is controlling physical infrastructure & increased connectivity, which creates the CIoT devices and their networks more susceptible to cyber-attacks.
The global Consumer IoT market is segregated on the basis of End-Use Application as In-Car Infotainment, Traffic Management, Automotive, Home Automation, Healthcare, Consumer Electronics, and Wearable Devices. Based on Offerings the global Consumer IoT market is segmented in Service, Solution, Network Infrastructure, and Node Component.
The global Consumer IoT market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Consumer IoT market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Alphabet, LG Electronics, Samsung Electronics, Sony, Microsoft, Qualcomm, Texas Instruments, NXP Semiconductors, Intel, Stmicroelectronics, and others are among the major players in the global Consumer IoT market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Consumer IoT Market has been segmented as below:
Consumer IoT Market, By End-Use Application
Consumer IoT Market, By Offerings
Consumer IoT Market, By Phase
Consumer IoT Market, By Region
Consumer IoT Market, By Company
The report covers:
Report Scope:
The global Consumer IoT market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Consumer IoT market share. Major industry players with significant revenue share include Alphabet, LG Electronics, Samsung Electronics, Sony, Microsoft, Qualcomm, Texas Instruments, NXP Semiconductors, Intel, Stmicroelectronics, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Consumer IoT Market, By End-Use Application
5.1 Introduction
5.2 In-Car Infotainment
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Traffic Management
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Automotive
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Home Automation
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Healthcare
5.6.1 Market Overview
5.6.2 Market Size and Forecast
5.7 Consumer Electronics
5.7.1 Market Overview
5.7.2 Market Size and Forecast
5.8 Wearable Devices
5.8.1 Market Overview
5.8.2 Market Size and Forecast
6. Consumer IoT Market, By Offerings
6.1 Introduction
6.2 Service
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Solution
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Network Infrastructure
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Node Component
6.5.1 Market Overview
6.5.2 Market Size and Forecast
7. Consumer IoT Market, By Phase
7.1 Introduction
8. Consumer IoT Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 North America Consumer IoT, By End-Use Application
8.2.2 North America Consumer IoT, By Offerings
8.2.3 North America Consumer IoT, By Phase
8.3 Europe
8.3.1 Europe Consumer IoT, By End-Use Application
8.3.2 Europe Consumer IoT, By Offerings
8.3.3 Europe Consumer IoT, By Phase
8.4 Asia-Pacific
8.4.1 Asia-Pacific Consumer IoT, By End-Use Application
8.4.2 Asia-Pacific Consumer IoT, By Offerings
8.4.3 Asia-Pacific Consumer IoT, By Phase
8.5 Rest of the World
8.5.1 Rest of the World Consumer IoT, By End-Use Application
8.5.2 Rest of the World Consumer IoT, By Offerings
8.5.3 Rest of the World Consumer IoT, By Phase
9. Competitive Insights
9.1 Key Insights
9.2 Company Market Share Analysis
9.3 Strategic Outlook
9.3.1 Mergers & Acquisitions
9.3.2 New Product Development
9.3.3 Portfolio/Production Capacity Expansions
9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5 Others
10. Company Profiles
10.1 Alphabet
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 LG Electronics
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 Samsung Electronics
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 Sony
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 Microsoft
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 Qualcomm
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 Texas Instruments
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 NXP Semiconductors
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9 Intel
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.10 Stmicroelectronics
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
The Consumer IoT Market has been segmented as below:
Consumer IoT Market, By End-Use Application
Consumer IoT Market, By Offerings
Consumer IoT Market, By Phase
Consumer IoT Market, By Region
Consumer IoT Market, By Company
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