United States Internet of Things Market Forecast Report 2020 – 2027 – Top Key Players Analysis

1. United States Internet of Things Market

2. This report researches and evaluates the impact of COVID-19 outbreak on the market, including potential opportunities and challenges, drivers, and risks associated with the market. We present a detailed assessment of market growth based on numerous scenarios.

3. Market Overview The market report offers a detailed analysis of the market size, country- level market size, segmentation, market growth, market share, competitive landscape, and the impact of the leading players.

4. Market Drivers The growing development of wireless networking technologies, the accelerating adoption of the cloud platform, and the introduction of advanced data processing and data analytics are the major factors that are responsible for the growth of the United States internet of things market size. Additionally, the rising investments by the government for the development of smart cities is further surging the growth of the market. The growing investments in the IoT systems and the increasing trends for artificial intelligence and security assurance are some other factors that are driving the market growth. Furthermore, the increasing deployment of IoT devices across various sectors, such as defense, healthcare, energy, agriculture, and industrial operations, followed by the decreasing price of sensors, are attracting many consumers towards the market.

5. With the outbreak of the COVID-19, there has been a strong demand for IoT, especially in the healthcare and manufacturing sector to minimize the spread of the virus. The leading manufacturers are increasingly opting for IoT based solutions to scale the production up and down according to the demand fluctuation caused due to the temporary shutdown of factories and the significant shift in the consumer’s preference towards essential products and services. Moreover, different IoT-based solutions are being used for monitoring the total coronavirus cases in the country and for the distribution of medical equipment, masks, and other necessary items required in hospitals, healthcare centers, and quarantine centers. According to the United States Internet of Things market report, the increasing concerns related to security, the privacy of the data, and the legal and regulatory challenges are likely to have a negative impact on the market growth.

6. About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to helping businesses stay ahead of the curve.