IoT in Consumer Electronics Market Share 2027
Electronic manufacturers are increasingly adopting IoT approaches to get their electronic appliances such as smart TV sets, washing machines and home appliances networked. As a result, the market for IoT in consumer electronics is growing rapidly. The global IoT in Consumer Electronics market is projected to reach USD 124 Billion registering a CAGR of 24.16% through the forecast period 2017 to 2023.
The global Industry is segmented into size, type, component, voltage, application and region.
By type the segment is further classified into skid mounted and mobile IoT in Consumer Electronics Market Forecasts 2027. By component, the segment is further classified into switchgear, bus bar, HVAC systems, transformer, frequency drives, monitoring and control systems and others. By voltage, the segment, is further classified into low voltage and medium voltage IoT in Consumer Electronics Market. IoT in Consumer Electronics Market Report are used in various industries such as oil and gas, mining, transportation, and power utilities.
Some of the market leader in the Global IoT in Consumer Electronics Market include, IBM (US), Intel (US), Gainspan (US), Particle.io (US), Apple Inc. (US), Qualcomm Technologies (US), Libelium Comunicaciones (Spain), Silicon Laboratories (US), ARM Holdings Plc., (UK), Lantronix, Inc. (US), Symantec (US), Texas Instruments (US), Hewlett Packard Enterprise (US), PTC (US), STMicroelectronics (Switzerland), Amazon Web Services (US), Cisco Systems (US), Ayla Networks (US), Notion (US), Losant IoT (US), and Pepper (US)
Apart from uses and features, the global IoT in Consumer Electronics Industry faces challenges from vendor dependency, security issues, and other factors, which have restrained market growth.
The market benefits from increasing research and development activities resulting in the introduction of environmentally-friendly products that not only dissipate a lower amount of heat but have enhanced mechanical properties. Another key trend gaining prevalence in the global market is the increasing focus on the electrification of vehicles, which is also giving rise to the production of light-weight vehicles and automotive brake friction products.
[edit] Related articles on Designing Buildings
Featured articles and news
BG 50 & VDI 2035 – your questions answered.
Types of domestic heating systems.
Will the way we heat homes change when winter comes ?
Extended reality in a post-pandemic world.
Can XR technology be leveraged in design & construction?
Or are you capping.
STEM ambassadors needed for ICE CityZen award.
Digital gaming competition for UK students aged 16 to 18.
Heritage protection in England vs Australia.
Fire doors and the Fire Door Inspection Scheme.
Three-quarters of fire doors fail inspections
UN International Day for Biological Diversity, May 22.
The role of geoparks, biospheres and world heritage sites.
BSRIA conference 2022, June 23.
Just one month to go ! Find out more here.
Restoring Broadbent’s Bath House
A new gallery for the University of Huddersfield.
Corruption in the construction industry.
What will it take to stop it ?
To celebrate world bee day 2022 !
Just one month until the changes to part L come into effect.
Not forgetting part F and the new part overheating part O.
Heat Pump demand rises by one quarter.
As energy prices jump up in cost.
With people in the UK from Ukraine.
Industry leader Steve Murray takes on role.
An abundant and versatile building material.
How overheating complicates ending gas in the UK.
600,000 heat pump installations targeted per year by 2028.
Cost planning, control and related articles on DB.
Helping prevent those unwanted outcomes.
ICE debate Public transport - post pandemic.
How has transport changed due to Covid-19 ?
Cross-ventilation in buildings. Do you have it ?
Will you need it ? after June 15 and the new Part O ?