The IoT Hardware Market and OEM Ecosystem: Opportunities, Challenges, and Forecast 2015 - 2020

IoT hardware and CPE manufacturers are one the first beneficiaries of developments in the IoT business. Internet enabled hardware, chips, edge devices and such other hardware used in IoT will constitute 30% market of total revenue generated in the year 2020. The revenue generated in 2015 of $336 billion will reach to $453 billion through 2020 with a CAGR of 6.2%.