- The Internet of Things (IoT) is an operating system that collects data from a device or object using sensors, software, and other technologies. It then connects and delivers it to other devices or objects via the internet.
- IoT systems have applications in various industries due to their unique flexibility and ability to work in any environment and improve data collection, automation, and operations through smart devices and powerful enabling technology. The IoT’s key features are using artificial intelligence, connectivity, active engagement, and small devices.
- North America is expected to dominate the Internet of Things (IoT) Operating Systems market with 40.5% due to major technology hubs such as Silicon Valley, fostering innovation and the development of advanced IoT solutions
- Asia-Pacific is expected to be the fastest growing region in the Internet of Things (IoT) Operating Systems market during the forecast period due to rapid industrial growth, increasing the demand for IoT solutions
- Server side segment is expected to dominate the market with a market share due to its managing large-scale device networks, enabling data processing, storage, and analytics
