Global IoT Communication Protocol Market Growth (Status and Outlook) 2023-2029

Global IoT Communication Protocol Market Growth (Status and Outlook) 2023-2029

IoT communication protocols are modes of communication that ensure optimum security to the data being exchanged between IoT connected devices.
LPI (LP Information)' newest research report, the “IoT Communication Protocol Industry Forecast” looks at past sales and reviews total world IoT Communication Protocol sales in 2022, providing a comprehensive analysis by region and market sector of projected IoT Communication Protocol sales for 2023 through 2029. With IoT Communication Protocol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IoT Communication Protocol industry.
This Insight Report provides a comprehensive analysis of the global IoT Communication Protocol landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on IoT Communication Protocol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global IoT Communication Protocol market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IoT Communication Protocol and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global IoT Communication Protocol.
The global IoT Communication Protocol market size is projected to grow from US$ 14710 million in 2022 to US$ 21550 million in 2029; it is expected to grow at a CAGR of 5.6% from 2023 to 2029.
The most proportion of Global IoT Communication Protocol is used for consumer electronicsT and the proportion is about 32.44% in 2020. According to types, the most proportion of the Global IoT Communication Protocol is Wi-Fi ,taking about 36.59% share of global market in 2020.
This report presents a comprehensive overview, market shares, and growth opportunities of IoT Communication Protocol market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Wi-Fi
Bluetooth
Zigbee
NB-IoT
Others
Segmentation by application
Consumer Electronics
Automotive & Transportation
Building Automation
Healthcare
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
NXP Semiconductors
STMicroelectronics
Texas Instruments
Mediatek
Synopsys
Microchip (Atmel)
Enocean
Mindtree
Ceva
Gainspan (Telit)

Please note: The report will take approximately 2 business days to prepare and deliver.