Global Consumer IOT Market

May 2020| VMR2162A| Verified Market Research

Report Highlights

Consumer IoT Market Size And Forecast

According to Verified Market Research, the Global Consumer IoT Market was valued at USD 44.46 Billion in 2018 and is projected to reach USD 153.80 Billion by 2026, growing at a CAGR of 16.69% from 2019 to 2026.

Global Consumer IoT Market Outlook

The Consumer IoT Market is witnessing tremendous growth owing to the increasing utilization of smart devices and surge in internet users. In addition, the changing lifestyle of the population increases the demand for more advanced applications that contributes to impose a positive outlook on the market growth. Moreover, health awareness and rising disposable incomes are some other factors propelling market growth. However, the issues related to the data privacy and security expected to hamper the market growth. 

Global Consumer IoT Market Competitive Landscape 

The Global Consumer IoT Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as International Business Machines Corporation, NXP Semiconductors N.V., Texas Instruments Incorporated, Qualcomm Incorporated, Intel Corporation, STMicroelectronics N.V., General Electric, Symantec Corporation, TE Connectivity Ltd., Schneider Electric SE.

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