Market Research Future published a research report on “Smart Connected Devices Market Research Report - Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Market Overview
The Smart Connected Devices is a pet topic for the future of the world. Equipped with advanced sensors and technologies smart connected devices, represent a step change in form and function. Witnessing substantial R&D investments, connectivity solutions are proceeding rapidly finding their way to the prominence, more so than in the volume segment.
Market Research Future (MRFR), in its recently published study report asserts that the global market of Smart Connected Devices is forecasted to perceive enormous growth by 2023 in terms of value and volume, With a striking rate of CAGR; surpassing its previous growth records throughout the forecasted period (2017 – 2023).
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There will be enough innovation and new levels of connectivity among devices, enabling new services inside and outside the home. These changes to motor vehicles will, of course, also transform the auto industry. As these devices mature technologically, it will influence market trends and automakers’ relationships. Features like safety sensors and smartphone integration are already becoming common.
The augmenting demand for tablets, smartphones, and other smart devices and growing popularity of BYOD (bring your own device) in the offices along with the augmenting demand for mobile smart connected devices are fuelling the market growth.
The market proliferation of smart connected devices, such as smart thermostats, smart doors, smart locks, and other smart home appliances is providing impetus to the growth of Smart Connected Devices Market. Furthermore, technological advancements in the field of smart devices and the growing penetration of Internet of Things (IoT) are fostering the market growth.
On the other hand, cybersecurity concerns are expected to restrict the market growth during the forecast period.
Global Smart Connected Devices Market – Segmentation
The MRFR analysis is segmented into three key dynamics for the convenience of understanding;
- By Products: Smartphones, Smart Watch, Smart Glasses, Wireless Printers, Smart Meters, Media Players, Tablets, Smart Cameras, Connected Bulbs, and Smart Locks among others.
- By End User: Industrial, Commercial, and Residential
- By Regions: North America, Europe, APAC and Rest-of-the-World.
Key Players
Some of the prominent players in the global smart connected devices market are Sony Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Motorola Solutions Inc. (U.S.), Nokia Networks (Finland), LG Corporation (South Korea), Hewlett-Packard (U.S.), HTC Corporation (Taiwan), Apple Inc. (U.S.), Dell Inc. (U.S.), Gionee Communication Equipment Co. Ltd (China), Micromax Informatics (India), Videocon Industries Ltd. (India), Acer Inc. (Taiwan), Lenovo Group Ltd. (Hong Kong), Blackberry Ltd. (Canada), and ZTE Corporation (China), among others.
Market Research Analysis
North America is estimated to account for the largest share of the market, whereas Asia Pacific is projected to grow at the fastest rate during the forecast period. The market in North America is witnessing rapid growth due to technological advancements and rise in demand for smart connected devices across different industry verticals in this region. The U.S. holds the majority of market share both in terms of revenue as well as owing to the increased demand for smart connected devices in residential as well as industrial sector.
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TABLE OF CONTENTS
LIST OF TABLES
Table 1 Global Smart Connected Devices Market: By Region, 2017-2023
Table 2 North America Smart Connected Devices Market: By Country, 2017-2023
Table 3 Europe Smart Connected Devices Market: By Country, 2017-2023
Table 4 Asia-Pacific Smart Connected Devices Market: By Country, 2017-2023
Table 5 Middle East & Africa Smart Connected Devices Market: By Country, 2017-2023
Table 6 Latin America Smart Connected Devices Market: By Country, 2017-2023
Table 7 Global Smart Connected Devices By Product Market: By Regions, 2017-2023
Table 8 North America Smart Connected Devices By Product Market: By Country, 2017-2023
Table 9 Europe Smart Connected Devices By Product Market: By Country, 2017-2023
Table10 Asia-Pacific Smart Connected Devices By Product Market: By Country, 2017-2023
Table11 Middle East & Africa Smart Connected Devices By Product Market: By Country, 2017-2023
Table12 Latin America Smart Connected Devices By Product Market: By Country, 2017-2023
Table13 Global Smart Connected Devices By End User Market: By Regions, 2017-2023
Table14 North America Smart Connected Devices By End User Market: By Country, 2017-2023
Table15 Europe Smart Connected Devices By End User Market: By Country, 2017-2023
Table16 Asia-Pacific Smart Connected Devices By End User Market: By Country, 2017-2023
Continued…
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Global Smart Connected Devices Market Research Report: By Product (Smartphones, Smart Watch, Smart Glasses, Wireless Printers, Smart Meters, Smart Cameras, Connected Bulbs, Smart Locks), End User (Industrial, Commercial, Residential) – Forecast Till 2023Market OverviewThe global smart connected devices market is anticipated to demonstrate a healthy CAGR during the forecast period (2017-2023), Market Research Future (MRFR) unveils in the latest report.
Smart connected devices possess connectivity features and are embedded with sensors, which enables the exchange of data.The global Smart Connected Devices Market has witnessed a tectonic surge over the past few years, mainly due to the surging demand for smart connected devices from individuals.
Mounting demand for tablets, smartphones, and other smart devices, coupled with the surging popularity of BYOD, are pushing the market growth uphill.
The proliferation of high-speed network connection is considered one of the major drivers directing the course of the market across the globe.
Moreover, technological advancements in the field of wireless connectivity like Wi-Fi, GPRS, and WiMax are predicted to propel the market growth in the foreseeable future.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/5668Key PlayersSome of the prominent players in the global smart connected devices market are Sony Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Motorola Solutions Inc. (U.S.), Nokia Networks (Finland), LG Corporation (South Korea), Hewlett-Packard (U.S.), HTC Corporation (Taiwan), Apple Inc. (U.S.), Dell Inc. (U.S.), Gionee Communication Equipment Co. Ltd (China), Micromax Informatics (India), Videocon Industries Ltd. (India), Acer Inc. (Taiwan), Lenovo Group Ltd. (Hong Kong), Blackberry Ltd. (Canada), and ZTE Corporation (China), among others.Global Smart Connected Devices Market – SegmentationThe global smart connected devices market is segmented on the basis of product and end user.By product, the smart connected devices market is segmented into media players, smartphones, smartwatch, tablets, smart glasses, smart band, wireless printers, smart clothing, smart cameras, smart meters, smart locks, connected bulbs, smart home appliances, and smart thermostats.
Of these, the residential segment is likely to expand at the highest rate due to the surging demand for connected and smart devices in smart homes.
The new research report titled Connected Drug Delivery Devices Market, Global Industry Analysis, and Forecast to 2027 gives a detailed analysis and future forecasts of the market.
The report highlights the significant players, including market size, share, and demand, development.
This report further covers the latest trends, technological advancements, and growth opportunities.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the connected drug delivery devices market include 3M Company, Bayer AG, Biocorp Production SA, Care TRx, CeQur SA, Cohero Health, OPKO Health, Propeller Health, Sagentia (Science Group) and West Pharmaceutical Services, Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Connected Drug Delivery Devices Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/connected-drug-delivery-devices-market/download-sampleMarket DynamicsThe rapid technological advancements and increasing expenditure in the healthcare industry is driving market growth.
Whereas, rising adoption of artificial intelligence and big data analytics in healthcare technology for real-time decision making is expected to offer a potential opportunity during the forecast period.This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis.
These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities.
