The Worldwide Consumer IoT Market is Projected to reach USD 204.8 billion by 2027, at a CAGR of 15.9%
Special Offering :
Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
Consumer IoT Market Growth, Trends and Report Highlights
According to a new report Global Consumer IoT Market, published by KBV research, The Global Consumer IoT Market size is expected to reach $204.8 billion by 2027, rising at a market growth of 15.9% CAGR during the forecast period.
The Home Automation market dominated the Global Consumer IoT Market by Vertical 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $70.6 billion by 2027. The Automotive market would showcase a CAGR of 17.6% during (2021 - 2027). The Consumer Electronics market is experiencing a CAGR of 15% during (2021 - 2027).
The Wired market dominated the Global Consumer IoT Market by Connectivity 2020, and would continue to be a dominant market till 2027; growing at a CAGR of 15.1 % during the forecast period.
The Hardware market dominated the Global Consumer IoT Market by Component 2020, and would continue to be a dominant market till 2027; growing at a CAGR of 15.4 % during the forecast period.
The Europe market dominated the Global Consumer IoT Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $71.4 billion by 2027. The Asia Pacific market is witnessing a CAGR of 15.9% during (2021 - 2027).
Full Report: https://www.kbvresearch.com/consumer-iot-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Microsoft Corporation, IBM Corporation, Schneider Electric SE, General Electric (GE) Co., Cisco Systems, Inc., NXP Semiconductors N.V., Texas Instruments, Inc., Intel Corporation, Qualcomm, Inc., and Honeywell International, Inc.
Global Consumer IoT Market Segmentation
By Component
- Hardware
- Processors
- Network Infrastructure
- Sensors
- Others
- Software
- Services
By Connectivity
- Wired
- Wireless
By Vertical
- Home Automation
- Automotive
- Consumer Electronics
- Healthcare
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- Microsoft Corporation
- IBM Corporation
- Schneider Electric SE
- General Electric (GE) Co.
- Cisco Systems, Inc.
- NXP Semiconductors N.V.
- Texas Instruments, Inc.
- Intel Corporation
- Qualcomm, Inc.
- Honeywell International, Inc.
Related Reports:
North America Consumer IoT Market Size & Share Growth, 2027
- December-2021
- 125 Pages
LAMEA Consumer IoT Market Size & Industry Trends 2021-2027
- December-2021
- 139 Pages
Europe Consumer IoT Market Size & Growth Forecast to 2027
- December-2021
- 139 Pages
Asia Pacific Consumer IoT Market Size & Industry Trends, 2027
- December-2021
- 139 Pages