Internet of Things Market Witnessed CAGR of 21.6% By 2026

The first five-year cumulative revenue (2017-2021) is projected to be US$ 7,760.8 Bn, which is expected to increase rather significantly over the latter part of the five-year forecast period. Global Internet of Things Market: Segmental Snapshot By components: Hardware segment accounted for highest revenue share in 2016 and is estimated to register a CAGR of over 20%. By application: Consumer electronics segment is estimated to account for highest revenue share among the application segments in the global internet of things market, while registering a CAGR of over 20% over the forecast period. By region: The market is Asia Pacific is expected to record highest CAGR between 2017 and 2026. Global Internet of Things Market: Competitive Analysis The research report on the global Internet of things market includes profiles of major companies such as Google Inc., Cisco Systems, Inc., IBM, Fujitsu Ltd., HP Inc., Dell Inc., Arm Limited, Intel Corporation, Infineon Technologies AG, and Infosys Limited. Source: https://marketresearch.biz/infographics/internet-of-things-iot-market/