Internet of Things (IoT) market in Nordic regionis expected to grow at a CAGR of 15.11% over Forecast 2016-2020: ResearchMoz

Internet of Things (IoT) market in Nordic regionis expected to grow at a CAGR of 15.11% over Forecast 2016-2020: ResearchMoz

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Albany, NY, June 08, 2016 (GLOBE NEWSWIRE) -- About the IoT Market in Nordic Region:

IoT is a network of tangible objects that are interconnected and can communicate among themselves as well as with the internal and external environments. It connects hardware devices, embedded software, communication services, and IT services. It creates smart communication environments such as smart homes, smart shopping, smart transportation, and smart healthcare. It is an emerging ecosystem of Internet protocol (IP)-connected devices with the potential to deliver business benefits valued at trillions of dollars in the future across varied industries.

The IoT market in Nordic region to grow at a CAGR of 15.11% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the IoT market in Nordic region for 2016-2020. To calculate the market size, the report considers the following:

Revenue generated from the connectivity services offered for IoT connected devices, which are used in various industries, including consumer electronics, retail, healthcare, automotive, and utilities

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Revenue realized from IoT platforms, applications, licenses, and support and maintenance services

Consolidated revenue of mobile network operators (MNOs), mobile virtual network operators (MVNOs), and mobile virtual network enablers (MVNEs) in terms of IoT services and solutions

Revenue generated by IoT managed service providers and Internet service providers (ISPs)

The market is divided into the following segments based on geography:

  • Sweden
  • Norway
  • Denmark
  • Finland

Technavio's report, IoT Market in Nordic Region 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Ericsson
  • Tele2
  • Telenor Group
  • TeliaSonera
  • Tieto

Other prominent vendors

  • Accenture
  • Cisco Systems
  • Gemalto
  • Huawei
  • IBM
  • Intel

View TOC (table of content), Figures and Tables of the Report:

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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