Digital Gaming Product and Service Market

Digital Gaming Product and Service Market

The number, type, and purpose of connected devices is rapidly expanding as the Internet of Things (IoT) evolves beyond the current state of limited applications, many of which remain isolated and purpose-built for a given use case, industry vertical, and company. Over the course of the next four to six years, many IoT applications will become increasingly interconnected.

Some of these applications will be enhanced through communication with a smart device, which is a connected device that benefits embedded intelligence. In contrast, an IoT Device need not be smart, and in fact, many are relatively unintelligent devices that are typically single-purpose and rely upon intelligence to be provided elsewhere for data processing, analytics, analysis, and dispersal of actionable information, typically via a cloud services model.

It is important to note that cloud services may be either centralized or distributed via Multi-access Edge Computing (MEC) infrastructure. MEC will also facilitate an entirely new class of low-power devices that rely upon MEC equipment for processing. Stated differently, some IoT devices will be very light-weight computationally speaking, relying upon edge computing nodes for most of their computation needs.

Another driver for the expansion of connected devices is the MEC market, which will facilitate an entirely new class of low-power devices that rely upon MEC equipment for processing. Stated differently, some IoT devices will be very light-weight computationally speaking, relying upon edge computing nodes for most of their computation needs.

This report assesses the connected device ecosystem with analysis of smart and IoT connected device technologies, companies, and solutions for consumer, enterprise, and industrial markets. The report evaluates technology enablers, market drivers, and provides a view into the future of connected devices. The report evaluates the connected device market segment including consumer, enterprise, and industrial devices with associated connected device market sizing from 2022 to 2030.

Select Report Findings:
• Government is the largest segment with 40% of the total market in 2022
• Western Europe is the largest region with 31% of the total market in 2022
• Mobile computing devices is the largest segment in consumer IoT, while energy management is the largest in Government IoT