Consumer Internet of Things (CIoT) Market Size will Reach $ 346,690.1 Million by 2031 Growing by 16.4%

Consumer Internet of Things (CIoT) Market Size will Reach $ 346,690.1 Million by 2031 Growing by 16.4%

Highlighted with 83 tables and 79 figures, this 156-page report “Global Consumer Internet of Things (CIoT) Market 2022-2031 by Offering (Hardware, Solutions, Services), Connectivity (Wired, Wireless), Application (Home Automation, Consumer Wearables, Consumer Electronics, Healthcare, Automotive), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global consumer internet of things (CIoT) market and all its sub-segments through extensively detailed classifications.

Global consumer internet of things (CIoT) market will reach $ 346,690.1 million by 2031, growing by 16.4% annually over 2022-2031, driven by the increasing in efficiency of CIoT products and services, rising internet penetration, increasing disposable income, surging consumer preference for convenience and better lifestyle, increasing adoption of smart and multimedia devices, and the growing government regulations for the security of IoT devices.

Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2022 and provides forecast from 2022 till 2031 with 2022 as the base year.

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The following elements are identified and examined in-depth qualitative analyses:

• Market Organization

• Growth Agents

• Challenges and Restrictions

• Market Opportunities & Emerging Product Trends

The COVID-19 and the Russia-Ukraine war are taken into consideration when predicting the direction and prognosis of the global market. The worldwide consumer internet of things (CIoT) market is quantified from the viewpoints of offering, connectivity, application, and region using the balanced (most likely) forecast.

Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2031 included in each section.

• Hardware
o Network Infrastructure (Server, Storage, Gateway, Ethernet Switch and Routing)
o Node Components (Processors, Sensors, Connectivity IC, Memory Devices, Logic Devices)
• Solutions
o Software
o Platform
• Services
o Professional Services
o Managed Services

Based on Connectivity, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2031 included in each section.

• Wired CIoT
• Wireless CioT

By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2031 included in each section.

• Home Automation
• Consumer Wearables
• Consumer Electronics
• Healthcare
• Automotive

Along with the above national/local markets, the following geographic areas are thoroughly investigated:

• America, North (U.S., Canada, and Mexico)
In Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
Latin America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, Israel and Rest of MEA)

There is extensive research and statistics for yearly revenue ($ mn) for each of the aforementioned regions and nations for the years 2022 through 2031. Each national market is divided by Offering, Connectivity, and Application during the course of the anticipated years, along with a breakdown of all regional markets by country.

The consumer internet of things (CIoT) market study also analyses the present competition landscape, the anticipated trend, and it provides profiles of major suppliers, including both established market leaders and significant up-and-coming companies.

Selected Key Players:

Amazon.com Inc.
Apple Inc.
Cisco Systems, Inc.
General Electric (GE) Co.
Google
Hewlett Packard Enterprise Development LP
Honeywell International Inc.
Intel Corporation
International Business Machines Corporation (IBM)
Microsoft Corporation
NXP Semiconductors N.V.
Qualcomm Technologies Inc.
STMicroelectronics
TE Connectivity Ltd.
Texas Instruments Incorporated

Report Divided into 7 Chapters:

1 Introduction
2 Market Overview and Dynamics
3 Segmentation of Global Market by Offering
4 Segmentation of Global Market by Connectivity
5 Segmentation of Global Market by Application
6 Segmentation of Global Market by Region
7 Competitive Landscape