Global Agile IoT Market By Component (Hardware, Software, Service), Connectivity (LAN, Wi-Fi, BLE, RF, Li-Fi, ZigBee, LoRa, ZWave,, Others), Deployment (Cloud, On-Premise), Organization Size (SMEs, Large Enterprise), Industry Vertical (BSFI, Government, Healthcare, Education, Manufacturing, Retail, Power and Utilities, Automotive, IT and Telecom), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Agile IoT Market
The agile IoT market is expected to witness market growth at a rate of 13.00% in the forecast period of 2021 to 2028 and is expected to reach USD 5 billion by 2028. Data Bridge Market Research report on agile IoT market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand from end user industries is escalating the growth of agile IoT market.
AGILE refers to the abbreviated form of Adaptive Gateways for diverse multiple Environments that assists in building a modular hardware and software gateway for the Internet of Things. It makes the use of external Cloud communication, protocol interoperability, IoT apps execution and device and data management. The technology features open calls & community building and diverse pilot activities among others.
The rise in the adoption of smartphones and tablets among consumers across the globe acts as one of the major factors driving the growth of agile IoT market. The rise in the emergence of the agile IoT related to the networking of physical objects through sensors, actuators and other devices for transmitting information about the objects and the use of the platform to analyze to optimize services, operations and products accelerate the market growth. The increase in the utilization of the technology in sectors such as energy optimization where sensors are generally deployed across the electricity grid and advent of innovative technologies for improving customer experience further influence the market. Additionally, high adoption of cloud-based Internet of Things solutions, increase in online transactions and government initiatives to adopt Internet of Things technologies positively affect the agile IoT market. Furthermore, introduction of advanced solutions and technological advancements extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, rise in concerns regarding data security and privacy is expected to obstruct the market growth. Lack of common standards is projected to challenge the agile IoT market market in the forecast period of 2021-2028.
This agile IoT market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on agile IoT market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Agile IoT Market Scope and Market Size
The agile IoT market is segmented on the basis of component, connectivity, deployment, organization size and industry vertical. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of component, the agile IoT market is segmented into hardware, software and service.
- On the basis of connectivity, the agile IoT market is segmented into LAN, Wi-Fi, BLE, RF, Li-Fi, ZigBee, LoRa, ZWave and others.
- On the basis of deployment, the agile IoT market is segmented into cloud and on premise. Cloud is further segmented into public cloud, private cloud and hybrid cloud.
- On the basis of organization size, the agile IoT market is segmented into SMEs and large enterprise.
- On the basis of industry vertical, the agile IoT market is segmented into BSFI, government, healthcare, education, manufacturing, retail, power and utilities, automotive and IT and telecom.
Global Agile IoT Market Country Level Analysis
The agile IoT market is analyzed and market size, volume information is provided by country, component, connectivity, deployment, organization size and industry vertical as referenced above.
The countries covered in the global agile IoT market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America currently dominates and is expected to foster the agile IoT market due to the established economies, rapid digitalization, rise in the adoption of smart connected devices and technological advancements within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Agile IoT Market Share Analysis
The agile IoT market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to agile IoT market.
The major players covered in the agile IoT market report are GENERAL ELECTRIC, Avnet, Inc., CLOVITY., Ayla Networks Inc., Oxagile, AgileInfoways Pvt. Ltd., LifeSmart Inc., EMSOL Automation Pvt Ltd, Atlassian, aicas GmbH., Oracle, IBSENTELECOM LIMITED, Supreme Architecture Inc., ByteLight, FUJITSU, LVX System, Panasonic Corporation, Qualcomm Technologies, Inc., and pureLiFi among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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