Consumer IoT Devices Market Key Players Analysis 2031
The market for consumer IoT devices is getting proliferated exponentially in the world. With emerging technologies and IoT based applications, demand for technologically advanced consumer products such as smart wearable is growing.
MARKET DYNAMICS
Factors such as rising disposable income of individuals and better standard if living is driving the demand for consumer IoT devices among different verticals such as cars, smartphones, and wearables; and thereby influencing the market growth. In addition to this, integration of advanced technologies such as AR, VR, and AI in devices is anticipated to provide ample of growth opportunities to the players operating in the consumer IoT devices market.
MARKET SCOPE
The "Global Consumer IoT Devices Market Analysis to 2031" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the consumer IoT devices market with detailed market segmentation- product, connectivity, and geography. The global consumer IoT devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading consumer IoT devices market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global consumer IoT devices market is segmented on the basis of product and connectivity. Based on product, the consumer IoT devices market is segmented into wearable device, consumer electronics, automotive, others. On the basis of application, the consumer IoT devices market is segmented into Wi-Fi, Zigbee, NFC, Bluetooth, Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global consumer IoT devices market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The consumer IoT devices market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the consumer IoT devices market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the consumer IoT devices in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global consumer IoT devices market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The consumer IoT devices market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the consumer IoT devices market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the consumer IoT devices in these regions.
MARKET PLAYERS
The reports cover key developments in the consumer IoT devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from consumer IoT devices market are anticipated to lucrative growth opportunities in the future with the rising demand for consumer IoT devices in the global market. Below mentioned is the list of few companies engaged in the consumer IoT devices market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the consumer IoT devices market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Apple Inc.
- AT&T Inc.
- Euristiq
- Huawei Technologies
- LG Electronics
- Honeywell International Inc.
- Hewlett Packard Enterprise
- Sony Corporation
- PTC Corporation
- Qorvo, Inc
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Consumer IoT Devices Market - By Product
1.3.2 Consumer IoT Devices Market - By Connectivity
1.3.3 Consumer IoT Devices Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CONSUMER IOT DEVICES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. CONSUMER IOT DEVICES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CONSUMER IOT DEVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. CONSUMER IOT DEVICES - GLOBAL MARKET OVERVIEW
6.2. CONSUMER IOT DEVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CONSUMER IOT DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. WEARABLE DEVICE
7.3.1. Overview
7.3.2. Wearable Device Market Forecast and Analysis
7.4. CONSUMER ELECTRONICS
7.4.1. Overview
7.4.2. Consumer Electronics Market Forecast and Analysis
7.5. AUTOMOTIVE
7.5.1. Overview
7.5.2. Automotive Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. CONSUMER IOT DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - CONNECTIVITY
8.1. OVERVIEW
8.2. CONNECTIVITY MARKET FORECASTS AND ANALYSIS
8.3. WI-FI
8.3.1. Overview
8.3.2. Wi-Fi Market Forecast and Analysis
8.4. ZIGBEE
8.4.1. Overview
8.4.2. Zigbee Market Forecast and Analysis
8.5. NFC
8.5.1. Overview
8.5.2. NFC Market Forecast and Analysis
8.6. BLUETOOTH
8.6.1. Overview
8.6.2. Bluetooth Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. CONSUMER IOT DEVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Consumer IoT Devices Market Overview
9.1.2 North America Consumer IoT Devices Market Forecasts and Analysis
9.1.3 North America Consumer IoT Devices Market Forecasts and Analysis - By Product
9.1.4 North America Consumer IoT Devices Market Forecasts and Analysis - By Connectivity
9.1.5 North America Consumer IoT Devices Market Forecasts and Analysis - By Countries
9.1.5.1 United States Consumer IoT Devices Market
9.1.5.1.1 United States Consumer IoT Devices Market by Product
9.1.5.1.2 United States Consumer IoT Devices Market by Connectivity
9.1.5.2 Canada Consumer IoT Devices Market
9.1.5.2.1 Canada Consumer IoT Devices Market by Product
9.1.5.2.2 Canada Consumer IoT Devices Market by Connectivity
9.1.5.3 Mexico Consumer IoT Devices Market
9.1.5.3.1 Mexico Consumer IoT Devices Market by Product
9.1.5.3.2 Mexico Consumer IoT Devices Market by Connectivity
9.2. EUROPE
9.2.1 Europe Consumer IoT Devices Market Overview
9.2.2 Europe Consumer IoT Devices Market Forecasts and Analysis
9.2.3 Europe Consumer IoT Devices Market Forecasts and Analysis - By Product
9.2.4 Europe Consumer IoT Devices Market Forecasts and Analysis - By Connectivity
9.2.5 Europe Consumer IoT Devices Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Consumer IoT Devices Market
9.2.5.1.1 Germany Consumer IoT Devices Market by Product
9.2.5.1.2 Germany Consumer IoT Devices Market by Connectivity
9.2.5.2 France Consumer IoT Devices Market
9.2.5.2.1 France Consumer IoT Devices Market by Product
9.2.5.2.2 France Consumer IoT Devices Market by Connectivity
9.2.5.3 Italy Consumer IoT Devices Market
9.2.5.3.1 Italy Consumer IoT Devices Market by Product
9.2.5.3.2 Italy Consumer IoT Devices Market by Connectivity
9.2.5.4 United Kingdom Consumer IoT Devices Market
9.2.5.4.1 United Kingdom Consumer IoT Devices Market by Product
9.2.5.4.2 United Kingdom Consumer IoT Devices Market by Connectivity
9.2.5.5 Russia Consumer IoT Devices Market
9.2.5.5.1 Russia Consumer IoT Devices Market by Product
9.2.5.5.2 Russia Consumer IoT Devices Market by Connectivity
9.2.5.6 Rest of Europe Consumer IoT Devices Market
9.2.5.6.1 Rest of Europe Consumer IoT Devices Market by Product
9.2.5.6.2 Rest of Europe Consumer IoT Devices Market by Connectivity
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Consumer IoT Devices Market Overview
9.3.2 Asia-Pacific Consumer IoT Devices Market Forecasts and Analysis
9.3.3 Asia-Pacific Consumer IoT Devices Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Consumer IoT Devices Market Forecasts and Analysis - By Connectivity
9.3.5 Asia-Pacific Consumer IoT Devices Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Consumer IoT Devices Market
9.3.5.1.1 Australia Consumer IoT Devices Market by Product
9.3.5.1.2 Australia Consumer IoT Devices Market by Connectivity
9.3.5.2 China Consumer IoT Devices Market
9.3.5.2.1 China Consumer IoT Devices Market by Product
9.3.5.2.2 China Consumer IoT Devices Market by Connectivity
9.3.5.3 India Consumer IoT Devices Market
9.3.5.3.1 India Consumer IoT Devices Market by Product
9.3.5.3.2 India Consumer IoT Devices Market by Connectivity
9.3.5.4 Japan Consumer IoT Devices Market
9.3.5.4.1 Japan Consumer IoT Devices Market by Product
9.3.5.4.2 Japan Consumer IoT Devices Market by Connectivity
9.3.5.5 South Korea Consumer IoT Devices Market
9.3.5.5.1 South Korea Consumer IoT Devices Market by Product
9.3.5.5.2 South Korea Consumer IoT Devices Market by Connectivity
9.3.5.6 Rest of Asia-Pacific Consumer IoT Devices Market
9.3.5.6.1 Rest of Asia-Pacific Consumer IoT Devices Market by Product
9.3.5.6.2 Rest of Asia-Pacific Consumer IoT Devices Market by Connectivity
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Consumer IoT Devices Market Overview
9.4.2 Middle East and Africa Consumer IoT Devices Market Forecasts and Analysis
9.4.3 Middle East and Africa Consumer IoT Devices Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Consumer IoT Devices Market Forecasts and Analysis - By Connectivity
9.4.5 Middle East and Africa Consumer IoT Devices Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Consumer IoT Devices Market
9.4.5.1.1 South Africa Consumer IoT Devices Market by Product
9.4.5.1.2 South Africa Consumer IoT Devices Market by Connectivity
9.4.5.2 Saudi Arabia Consumer IoT Devices Market
9.4.5.2.1 Saudi Arabia Consumer IoT Devices Market by Product
9.4.5.2.2 Saudi Arabia Consumer IoT Devices Market by Connectivity
9.4.5.3 U.A.E Consumer IoT Devices Market
9.4.5.3.1 U.A.E Consumer IoT Devices Market by Product
9.4.5.3.2 U.A.E Consumer IoT Devices Market by Connectivity
9.4.5.4 Rest of Middle East and Africa Consumer IoT Devices Market
9.4.5.4.1 Rest of Middle East and Africa Consumer IoT Devices Market by Product
9.4.5.4.2 Rest of Middle East and Africa Consumer IoT Devices Market by Connectivity
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Consumer IoT Devices Market Overview
9.5.2 South and Central America Consumer IoT Devices Market Forecasts and Analysis
9.5.3 South and Central America Consumer IoT Devices Market Forecasts and Analysis - By Product
9.5.4 South and Central America Consumer IoT Devices Market Forecasts and Analysis - By Connectivity
9.5.5 South and Central America Consumer IoT Devices Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Consumer IoT Devices Market
9.5.5.1.1 Brazil Consumer IoT Devices Market by Product
9.5.5.1.2 Brazil Consumer IoT Devices Market by Connectivity
9.5.5.2 Argentina Consumer IoT Devices Market
9.5.5.2.1 Argentina Consumer IoT Devices Market by Product
9.5.5.2.2 Argentina Consumer IoT Devices Market by Connectivity
9.5.5.3 Rest of South and Central America Consumer IoT Devices Market
9.5.5.3.1 Rest of South and Central America Consumer IoT Devices Market by Product
9.5.5.3.2 Rest of South and Central America Consumer IoT Devices Market by Connectivity
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CONSUMER IOT DEVICES MARKET, KEY COMPANY PROFILES
11.1. APPLE INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ATANDT INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. EURISTIQ
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HUAWEI TECHNOLOGIES
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. LG ELECTRONICS
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HONEYWELL INTERNATIONAL INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. HEWLETT PACKARD ENTERPRISE
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SONY CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. PTC CORPORATION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. QORVO, INC
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Apple Inc.
2. ATandT Inc.
3. Euristiq
4. Huawei Technologies
5. LG Electronics
6. Honeywell International Inc.
7. Hewlett Packard Enterprise
8. Sony Corporation
9. PTC Corporation
10. Qorvo, Inc
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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