Product ID: SQMIG45D2038
Report ID:
SQMIG45D2038 |
Region:
Global |
Published Date: April, 2024
Pages:
157
|
Tables:
69 |
Figures:
75
The presence of major technology providers has resulted in North America being a dominant force in the IoT market. The market entry of technological behemoths such as Cisco, Google Inc., and Samsung have resulted in the development of innovative connectivity solutions across a wide range of applications and devices. The major issues being addressed by regulators in the United States is to create a connected environment for optimal security are privacy and data security on the Internet of Things scenario.
The Asia Pacific region accounted for more than 25% of global revenue and is expected to grow at a substantial CAGR during the forecast period. Increased penetration of high-speed internet services in the region, as well as a declining average selling price for sensors and modules, are expected to drive industry growth over the forecast period.
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Product ID: SQMIG45D2038