Market Synopsis of IoT in Consumer Electronics Market
IoT is a network of physically connected devices with help of software, sensors, electronic equipment’s and network connectivity to exchange and communication of data and information with or without human presence. From the couple of years, as the technology is growing has been grown, IoT has bought the revolutionary change in the consumer electronic market. Currently IoT in consumer electronic market has been valued at US $XX billion. This market is growing with the CAGR of XX% and expected to reach US $XX billion by the end of forecasted period.
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The key players in this market are-
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Segmentation by Application Verticals: Smart Home, Smartphones & Tablets, PCs and laptops, Smart Wearable devices and other.
Segmentation by Sensor: Accelerometer, Light Sensor, Pressure Sensors, Temperature Sensor, Gyroscopes Sensor.
Segmentation by Deployment: On-Premise & Cloud.
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