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Global IoT in Consumer Electronics Market 2027 – Future Growth, Forecast

The market has been majorly segmented on the basis of application Verticals which includes Smart Homes, Smartphones & Tablets, PCs and laptops, and Smart Wearable devices among other.
Published 29 July 2016
The market for Global IoT in Consumer Electronics is estimated at $XX billion in 2015 and is expected to grow at a CAGR of XX% within forecasted period. The market has been majorly segmented on the basis of application Verticals which includes Smart Homes, Smartphones & Tablets, PCs and laptops, and Smart Wearable devices among other.
 
Taste the market data and market information presented through more than 70 market data tables and figures spread in 145 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global IoT in Consumer Electronics Market Research Report- Global Forecast to 2027
 
Also, IoT in Consumer Electronics market is segmented on the basis of Sensor which includes Accelerometer, Light Sensor, Pressure Sensors, Temperature Sensor, and Gyroscopes Sensor. Further the IoT in Consumer Electronics market is segmented on the basis of Deployment.
 
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IoT is a new technology and has been adapted by the people open arms. This market is continuously progressing and expected to continue the same in near future. As the people around the globe is becoming more aware about the IoT in consumer electronics, this market is seeing the tremendous opportunities in the upcoming years.
 
Demand for smartphone is increasing day to day and as a result the application vertical of smartphone is also increasing giving more option to control the smart products around. Home System/smart home segment is growing with the rapid pace.
 
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A study shows that in the US one house out of five will have a smart control device which can operate the smart devices like lights, security, and refrigerator among others in the absence of a human being by the year 2020 and it is expected that demand for the smart products will boost the market of IoT in Consumer Electronics in upcoming years.
 
The market is further classified and analyzed on the basis of geographies, in which Americas, Europe, Asia-Pacific, and Middle East & Africa are majorly taken into account. Out of all, North America accounts for the largest share in the market.
 
In addition, Asia-Pacific is the fastest growing segment in the IoT in consumer electronics market, owing to factors such as; increasing expenditure on consumer electronics products and presence of various consumer electronics related industries.
 
Key players
The key players in this market are- Intel (U.S.), IBM (U.S.), Gainspan (U.S.), Apple Inc. (U.S.) Particle.io (U.S.) Libelium Comunicaciones (Spain), Qualcomm Technologies (U.S.), Silicon Laboratories (U.S.), Lantronix, Inc. (U.S.), ARM Holdings Plc., (U.K.) among others.
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Corporate agreements and strategic alliances under taken by companies are also boosting the market growth. Some of the key players profiled and analyzed in this market research report are; Intel (U.S.), IBM (U.S.), Gainspan (U.S.), Apple Inc. (U.S.) Particle.io (U.S.) Libelium Comunicaciones (Spain), Qualcomm Technologies (U.S.), Silicon Laboratories (U.S.), Lantronix, Inc. (U.S.), ARM Holdings Plc., (U.K.) among others.
 
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