IoT market in Middle East expects growth of +15% in 2019. If this occurs, the value of IoT will increase from $+6.07 billion in 2019 to $+6.99 billion. Besides, the value of IoT in the United Arabs Emirates (UAE) in 2019 stood at $+500 million and from by approximation, in 2027 it will hit $+900 million. The projections also indicate that UAE, South Africa, Turkey, and Saudi Arabia will account for +58% of the IoT spend in 2027.
The Internet of Things (IoT) involves networking of devices and connecting them to the internet so that one can control them in a remote location. The application of IoT in various industries continues to spring up with innovative solutions coming in the market.
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The study report on Middle East IoT Market 2018 would cover every big geographical, as well as, sub-regions throughout the world. The report has focused on market size, value, product sales and opportunities for growth in these regions. The market study has analyzed the competitive trend apart from offering valuable insights to clients and industries. These data will undoubtedly help them to plan their strategy so that they could not only expand but also penetrate into a market.
Middle East IoT Market Top Leading Vendors:-
- Intel Corporation
- SAP SE
- Cisco Systems
- Microsoft Corporation
- International Business Machine (IBM) Corporation
- T. Kearney
The researchers have analyzed the competitive advantages of those involved in the industries or in the Middle East IoT industry. While historical years were taken as 2013 – 2019, the base year for the study was 2019. Similarly, the report has given its projection for the year 2019 apart from the outlook for years 2019 – 2027.
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Middle East IoT Market, By Software Solution
Middle East IoT Market, By Platform
- Data Management
- Remote Monitoring
- Network Bandwidth Management
- Real-Time Streaming Analytics
Middle East IoT Market, By Application
- Application Management
- Network Management
- Device Management
Middle East IoT Market Segment by Regions, regional analysis covers
- Smart Retail
- Connected Health
- Smart Mobility and Transportation
- Building and Home Automation
- Smart Manufacturing
- Saudi Arabia
- South Africa
The study wanted to focus on key manufacturers, competitive landscape, and SWOT analysis for the Middle East IoT industry. Apart from looking into the geographical regions, the report concentrated on key trends and segments that are either driving or preventing the growth of the industry. Researchers have also focused on individual growth trends besides their contribution to the overall market.
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In this study, the years considered to estimate the market size of Middle East IoT Market:
History Year: 2013 – 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 – 2027
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