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Internet of Things (IoT) Market Review 2012-2019 and Forecast 2020-2027…
Internet of Things (IoT) Market Review 2012-2019 and Forecast 2020-2027 (COVID-19 Adjusted)
https://www.prnewswire.com/news-releases/internet-of-things-iot-market-review-2012-2019-and-forecast-2020-2027-covid-19-adjusted-301067745.html
Market will grow US$876.5 Billion
Annual growth rate
31.4%
Applications & Analytics
growth forecast 37.8%
US$466.4 Billion
USA to re-adjust to 34.6% CAGR
Germany: US$22.5 Billion
7-8 years
Rest of the europe US$41.3 Billion
Japan: US$21.1 Billion
China
significant political and economic challenges
blamed for the pandemic
the changing relationship between China and the rest of the world
influence competition and opportunities in the Internet of Things (IoT) market
Against this backdrop and the changing geopolitical, business and consumer sentiments,
US$85.1 Billion
30.1%
over the next couple of years