Global Internet of Things Devices Market 2017-2021

  • Published: Feb 2017
  • Pages: 108
  • SKU: IRTNTR11825

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

  • Single User:

    Quick and easy buy and download option

  • Enterprise:

    Flexible option - Complimentary customization included

2500 USD

The global Internet of Things (IoT) devices market size is expected to reach USD 1,374.93 billion by 2021. This report provides an analysis of the market by product (computing devices, smart media, wireless printers, smart meters, smart wearables, smart camera, smart home appliances, smart locks, connected bulbs, and smart thermostat) and by geography (the Americas, APAC, and EMEA). The report also provides an analysis of the market’s competitive landscape and offers information on several companies including Samsung Electronics, Google, LG Electronics, Sony, Seiko Epson, and Honeywell International.


The infographic below contains key findings from our analysis of the Internet of Things devices market


Want a bigger picture? Try a FREE sample of this report now!

See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.   


Global outlook of the internet of things (IoT) devices market

The global Internet of Things devices market report predicts the market to grow steadily during the forecast period and post a CAGR of almost 4% by 2021. The rise in industrial automation is one of the major Internet of Things devices market drivers. With the rise in adoption of automation in the manufacturing sector, industries will soon focus on employing smart machines that automatically carry out manufacturing processes, smart robots that coordinate with employees for assembling products, and smart driverless transport vehicles that can automatically carry out logistics processes. 

One of the major Internet of Things devices market trends is the rise in the development of high-power processors for IoT devices. With the rising need to handle processing equivalent to that of laptops and smartphones, IoT devices will likely be equipped with powerful embedded processors that will enable them to carry out advanced computing processes. 

Competitive landscape and key vendors

The market is at the nascent phase of development and is highly fragmented. There is very less competition among the market players and the market does not have any clear market leaders. However, with the all vendors focusing on gaining majority revenue shares, the market’s competitive environment will intensify significantly over the forecast period. 

According to the Internet of Things devices market research, some of the vendors in the various product segments are -

Computing devices - Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, and LG Electronics; smart STB – Apple, Google, Pace, and Technicolor; smart TV - LG Electronics, Panasonic, and Samsung Electronics; gaming consoles – Sony, Microsoft, and Nintendo; wireless printers – Canon, Brother Industries, and Seiko Epson; smart meters – Itron, Honeywell International, and Landis+Gyr; smartwatch – Apple, Fitbit, and Garmin; smart band - Samsung Electronics, Lenovo, and Xiaomi; smart glasses – ODG, Recon Instruments, and Seiko Epson; smart clothing – Heddoko, Hexoskin, and Cityzen Sciences; smart camera – Canon, Nikon, and Panasonic; smart appliances - Samsung Electronics, LG Electronics, and Whirlpool; smart locks – Kwikset, August Home, and Goji; connected bulbs – OSRAM, Philips, and Sengled; smart thermostat - Nest Labs, Honeywell International, and Ecobee.


Get more value with Technavio’s INSIGHTS subscription platform! Gain easy access to all of Technavio’s reports, along with on-demand services. Try the demo


Segmentation by product and analysis of the IoT devices market

  • Computing devices
  • Smart media
  • Wireless printers
  • Smart meters
  • Smart wearables
  • Smart camera
  • Smart home appliances
  • Smart locks
  • Connected bulbs
  • Smart thermostat

In 2016, the computing devices segment accounted for the major IoT devices market share and dominated the market. This is mainly due to the increased usage of the Internet that led to the rise in the adoption of tablets and smartphones.

Geographical segmentation and analysis of the IoT devices market

  • Americas
  • APAC
  • EMEA

In terms of geographical regions, APAC will be the major IoT devices market revenue throughout the forecast period. The increase in buying power of people in countries such as China and India that will result in the rise in demand for computing devices and smart wearables will be the major factor driving market growth in this region.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global IoT devices market?
  • What are the key market trends impacting the growth of the global IoT devices market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global IoT devices market?
  • What are the market opportunities and threats faced by the vendors in the global IoT devices market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global IoT devices market?


Want to dial in on a specific region or segment? We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

Table of Contents

PART 01: Executive Summary

PART 02: Scope of  the report

PART 03: Research Methodology

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation  by product

PART 07: Geographical segmentation

  • APAC
  • Americas
  • EMEA

PART 08: Market drivers

  • Large-scale benefits of using IoT devices
  • Growing demand for smart homes and development of smart cities
  • Rise in industrial automation
  • Large-scale funding of IoT start-ups
  • Improved energy efficiency
  • Rising membership of ZigBee Alliance

PART 09: Impact of drivers

PART 10: Market challenges

  • Growing privacy and security concerns
  • Poor awareness hindering adoption
  • Lack of infrastructure and connectivity issues
  • Poor battery life

PART 11: Impact of drivers and challenges

PART 12: Market trends

  • Development of high-power processors for IoT devices
  • Development of an open Wi-Fi network
  • Growing diversity in IoT standards

PART 13: Vendor landscape

  • Competitive scenario
  • Vendors

PART 14: Appendix

  • List of abbreviations

PART 15: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.


Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases


Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts



  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your sample now!
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

Certified ISO 9001 : 2015

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Safe and Secure SSL Encrypted

  • Single User:

    Quick and easy buy and download option

  • Enterprise:

    Flexible option - Complimentary customization included

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Customized Report as per your Business Needs

  • Our analysts will work directly with you and understand your needs
  • Get data on specified regions or segments, competitor and Vendors
  • Data will be formatted and presented as per your requirements
  • We offer $1000 worth of FREE customization at the time of purchase

Let us help you make report more suited to your requirements.

  • Get a competitive breakdown as per your niche industry
  • Customize the data with various metrics that meet your business prerequisite
  • Understand Revenue Sources, Customers and many more
  • Details on Market Share
  • These customizations are done in a short amount of time by our analysts and industry experts
Enquire Before Buying
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>