Brooklyn, NY, May 06, 2016 (GLOBE NEWSWIRE) -- According to the research report, the growing preference among consumers for technically advanced products is fuelling the demand for Internet of things (IoT) devices significantly. In addition to this, the rising trend of smart homes is likely to boost the global Internet of things (IoT) devices market remarkably in the coming years. A smart home refers to a home where domestic appliances such as air conditioning units, lighting systems, entertainment systems, CCTV camera systems, heating modules, television sets, computer systems, and security devices are connected to Smartphone’s or tablets and provides completed operational control to the user over these appliances.

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The research study evaluates the global market for Internet of things (IoT) devices on the basis of device and the geographical distribution of this market. Smart lighting systems, smart refrigerators, smart ACS, smart thermostats, smart watches, and smart glasses are the key devices available in this market. The smart lighting system segment is likely to experience a robust rise over the next few years. The increasing concerns over the rapid depletion of energy resources and the implementation of strict regulatory policies regarding energy consumption are projected to drive the demand for smart lighting systems across the world in the coming years.

On the regional basis, the worldwide Internet of things (IoT) devices market has been classified into Europe, the U.S., Japan, and China. The rapid advancement in technology and the shifting preference of consumers toward electronic devices is boosting the IoT devices market’s growth in the U.S. Analysts expect the U.S. to lead the global IoT devices market in the near future.

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The competitive landscape of the worldwide market for Internet of things (IoT) devices has also been analyzed in this research report by evaluating the profiles of the major enterprises operating in this market. As per the study, LG, Motorola, AGC Group, Saint-Gobain, Carrier Corp., Sony, Ingersoll-Rand plc, Eco bee, Pebble, Samsung, Honeywell International Inc., PPG Industries, DuPont, and Nest Labs are leading the global IoT devices market.

Other prominent players in this market are Energate, Citala, Cardinal Glass Industries, Qualcomm, Balcony Systems, Martian, 3M, Emerson, ASG, Auto Glass, Carlex, BASF, Computime, Venstar, Garmin, Chromo Genics, Mota, and Bayer.

The report attempts to provide a clear understanding of the global Internet of things (IoT) devices market to players and stakeholders functioning in this market and help them in taking strategic decisions for the expansion of their businesses.

Related Reports:

United States IoT Devices Market 2016

Europe IoT Devices Industry 2016

Global Processors for IoT and Wearables Industry 2016

Global Internet of Things Market 2015

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