Global Consumer IoT Market – Industry Trends and Forecast to 2026

  • ICT
  • Upcoming Report
  • Dec 2018
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Consumer IoT Market, By Offerings (Node Component, Network Infrastructure, Solution, Service), End-Use Application (Wearable Devices, Consumer Electronics, Healthcare, Home Automation, Automotive), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Consumer IoT Market

Global consumer IoT market is expected to rise from its initial estimated value of USD 47.50 billion in 2018 to an estimated value of USD 172.34 billion by 2026, registering a CAGR of 17.48% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing number of internet and multimedia users with growing adoption of smart devices.

Market Definition: Global Consumer IoT Market

Consumer IoT (Internet of Things) can be described as a type of Internet of Things, with the main difference coming on the application and the devices it is used on. Internet of Things connects the different devices, networks, systems so that there is ease of communication and usage. For example, smart house is the perfect example of consumer IoT as it incorporates all the smart devices with the same network and perfectly applies and achieves ease of communication and usage for the consumer.

Market Drivers:

  • Growing number of internet users and increasing adoption of smart and multimedia devices is expected to drive the market growth
  • Increased convenience and ease-of-life with consumer IoT is also expected to drive the market growth

Market Restraints:

  • Risks of privacy of data and breaches associated with consumer IoT is expected to restrain the market growth
  • High amount of power consumption conducted by the connected devices is also expected to restrain the market growth

Segmentation: Global Consumer IoT Market

  • By Offerings

    • By Node Component

      • Processor

        • Microcontroller (MCU)
        • Microprocessor (MPU)
        • Digital Signal Processor (DSP)
        • Application Processor (AP)

      • Sensor

        • Accelerometers
        • Inertial Measurement Units (IMUS)
        • Heart Rate Sensors
        • Pressure Sensors
        • Temperature Sensors
        • Blood Glucose Sensors
        • Blood Oxygen Sensors
        • Electrocardiogram (ECG) Sensors
        • Humidity Sensors
        • Image Sensors
        • Ambient Light Sensors
        • Carbon Monoxide Sensors
        • Motion & Position Sensors
        • Camera Modules

      • Connectivity IC

        • Wired IC

          • Ethernet/IP

        • Wireless

          • Ant+
          • Bluetooth
          • Bluetooth Smart/Bluetooth Low Energy (BLE)
          • Zigbee
          • Wireless Fidelity (Wi-Fi)
          • Near Field Communication (NFC)
          • Cellular Network
          • Global Positioning System (GPS)/Global Navigational Satellite System (GNSS) Module
          • Bluetooth/Wireless Local Area Network (WLAN)

      • Memory Device

        • Flash
        • Dynamic Random Access Memory (DRAM)

      • Logic Device

        • Field-Programmable Gate Array (FPGA)

    • By Network Infrastructure

      • Server

        • Tower Server
        • Rack Server
        • Blade Server
        • Density-Optimized Server

      • Storage
      • Ethernet Switch & Routing
      • Gateway

    • By Solution

      • Software

        • Real-Time Streaming Analytics
        • Security Solution
        • Data Management
        • Remote Monitoring
        • Network Bandwidth Management

      • Platform

        • Device Management
        • Application Management
        • Network Management

    • By Service

      • Professional Services

        • Deployment & Integration Service
        • Support & Maintenance
        • Consulting Services

      • Managed Services

  • By End-Use Application

    • Wearable Devices

      • Activity Monitors
      • Smart Watches
      • Smart Glasses
      • Body-Worn Cameras

    • Consumer Electronics

      • Smart Light
      • Smart TV
      • Smart Washing Machines
      • Smart Dryer
      • Smart Refrigerator
      • Smart Oven
      • Smart Cooktop
      • Smart Cooker
      • Smart Deep Freezer
      • Smart Dishwasher
      • Smart Coffee Maker
      • Smart Kettle

    • Healthcare

      • Fitness & Heart Rate Monitor
      • Blood Pressure Monitor
      • Blood Glucose Monitor
      • Continuous Glucose Monitor
      • Pulse Oximeter
      • Automated External Defibrillator
      • Programmable Syringe Pump
      • Wearable Injector
      • Multi-Parameter Monitor
      • Fall Detector
      • Smart Pill Dispenser

    • Home Automation

      • Occupancy Sensors
      • Daylight Sensors
      • Smart Thermostats
      • IP Cameras
      • Smart Meters
      • Smart Locks
      • Smoke Detectors

    • Automotive

      • Connected Cars

        • Level 1 Automation – Driver Assistance

          • Adaptive Cruise Control (ACC)
          • Lane Departure Warning System (LDWS)
          • Parking Assist (PA) System

        • Level 2 Automation – Partial Automation

          • Lane Keep Assist (LKA) & Improved Adaptive Cruise Control (ACC)
          • Improved Parking Assist (PA) Systems

        • Level 3 Automation – Conditional Automation

          • Traffic Jam Chauffeur
          • Highway Driving

        • Level 4 Automation – High Automation

          • Sensor Fusion
          • Automatic Pilot Highway

        • Ultrasonic Sensors
        • Cameras/Image Sensors
        • Radar
        • Lidar
        • Infrared (IR) Detector

    • In-Car Infotainment
    • Traffic Management

      • Vehicle Detection Sensors
      • Pedestrian Presence Sensors
      • Speed Sensors
      • Thermal Camera
      • Automated Incident Detection (AID) Camera

  • By Geography

    • North America

      • US
      • Canada
      • Mexico

    • South America

      • Brazil
      • Argentina
      • Rest of South America

    • Europe

      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
      • Russia
      • Turkey
      • Belgium
      • Netherlands
      • Rest of Europe

    • Asia-Pacific

      • Japan
      • China
      • South Korea
      • India
      • Australia
      • Singapore
      • Malaysia
      • Indonesia
      • Thailand
      • Philippines
      • Rest of Asia-Pacific

    • Middle East and Africa

      • South Africa
      • Egypt
      • Saudi Arabia
      • United Arab Emirates
      • Israel
      • Rest of Middle East and Africa

Key Developments in the Market:

  • In April 2018, TE Connectivity displayed its data connectivity and sensor solutions for automobile solutions at WCX18 World Congress Experience (SAE) conducted in Detroit, Michigan, United States from 10-12, April, 2018.
  • In February 2018, Qualcomm Technologies Inc. announced the launch of new Internet of Things (IoT) development kits established on the QCA4020 & QCA4024 system-on-chips (SoCs).

Competitive Analysis: Global Consumer IoT Market

Global consumer IoT market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of consumer IoT market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors/Players: Global Consumer IoT Market

Few of the major competitors currently working in the consumer IoT market are Qualcomm Technologies Inc., Texas Instruments Incorporated, NXP Semiconductors, Intel Corporation, STMicroelectronics, IBM Corporation, GENERAL ELECTRIC, Symantec Corporation, TE Connectivity, Schneider Electric, Cisco, Amazon.com Inc., Apple Inc., Google, LG Electronics, SAMSUNG, Sony Corporation, Microsoft, AT&T Intellectual Property, Honeywell International Inc., and Hewlett Packard Enterprise Development LP.

Research Methodology: Global Consumer IoT Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key Market players involved in this industry
  • Detailed analysis of the Market Segmentation
  • Competitive analysis of the key players involved

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