Consumer IoT Market Analysis as per the Latest COVID-19 Impact
New York, June 13, 2020: Market Research Engine has published a new report titled as
“Consumer IoT Market Size by End-Use Application (In-Car Infotainment, Traffic
Management, Automotive, Home Automation, Healthcare, Consumer Electronics,
Wearable Devices), By Offerings (Service, Solution, Network Infrastructure, Node
Component), By Phase (By Region (North America, Europe, Asia-Pacific, Rest of
the World), Market Analysis Report, Forecast 2020-2025”.
FYI, You will get latest updated report as per the COVID-19 Impact on this industry. Our
updated reports will now feature detailed analysis that will help you make critical decisions.
Browse Full Report from Here: https://www.marketresearchengine.com/consumer-iot-
The Global Consumer IoT Market is expected to grow by 2025 at a CAGR of 18.95%.
Consumer IoT is broad term which is employed to ask an array of private devices, like
smartphones, wearables, fashion items and residential appliances that are linked to the
web. Consumer Internet of Things differs from Internet of Things mainly in terms of sort of
devices and therefore the applications it is used for. Consumer Internet of Things not
remains a novelty. The technology has capability to rework every nook and corner of the
planet. From home to office, drawer to shoe rack, consumer IoT has changed the way we
handle our day to day work. Adding sensors and other functionalities to products is normal
now-a-days. Higher product control, better business insights, resource tracking, business
streamline, and better interaction to people, systems and environments are a number of the
benefits of consumers IoT. The increasing number of internet users & adoption of smart
devices, growing awareness about fitness & growth in disposable incomes in developing
economies are boosting the expansion of the market. Government funding in R & D
associated with IoT is that the key opportunity of the worldwide consumer IOT market.