Incessant penetration of smart devices viz. smart phones, tablets, IOT devices, BYOD concepts are fuelling growth of connected devices. Moreover, technological advancements and proliferation of wireless connectivity technologies such as 4G, 3G, Wi-Fi, and WiMax along with the significant investment by OEMs in space of Automotive and consumer electronics are further boosting growth in the future.
Connected Device Market - Growth opportunity analysis
- Overview of connected devices
- Growth opportunity in Machine-to-Machine business
- Spurring demand of connected devices in automotive and consumer electronics sector
- Increasing investments from large enterprises in connected devices and IoT
- Rising proliferation of high speed network connections
- Smart home application boosting the market
- Challenges and threats for connected device market
- Key companies of the market and their future innovations