Egypt 1 Million Internet of Things (B2B, B2G, B2C) Markets, Competition, Forecasts and Opportunities, 2026
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Egypt $471 Million Internet of Things (B2B, B2G, B2C) Markets, Competition, Forecasts and Opportunities, 2026

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DUBLIN, March 25, 2022–(BUSINESS WIRE)–The “Egypt Internet of Things (IoT) Market, by Component (Software, Hardware and Service), by Type (B2B, B2G, B2C), by Connectivity (LPWAN, Radio Frequency Identification (RFID) )) , Zigbee, others), by end use, by region, competition, forecast and opportunity, 2026″ report has been added to ResearchAndMarkets.com’s offer.

The Egypt Internet of Things (IoT) market was valued at $471.11 million in 2020 and is expected to grow at a CAGR of 19.32% over the forecast period, 2022-2026.

An increase in the accessibility of internet services and the proliferation of smart devices among consumers are the main driving factors for the growth of the Egyptian Internet of Things (IoT) market. Growing demand for the application of automation technology across all prominent verticals to reduce operating costs and increase overall process efficiency and performance is expected to impact market demand.

The reduction in the cost of sensors and connected devices used to collect real-time information and the growing awareness of the benefits of Internet of Things technology to generate insights for making intelligent decisions are driving the adoption of the Internet of Things technology in all major sectors .

The government is investing in the modernization of the existing infrastructure to lay the groundwork for Industry 4.0 and the construction of a new capital to house the new knowledge hub is expected to create lucrative opportunities for the Internet of Things (IoT) in Egypt. Market growth in the next five years.

The Egypt Internet of Things (IoT) market can be segmented by component, type, connectivity, end use, and region. Based on the component, the market is divided into software, hardware and service. The service segment is expected to witness the fastest growth in the forecast period, 2022-2026.

Service providers provide businesses with consulting, analytics and security solutions to meet the growing need for automation and smart technologies and the rapid adoption of cloud computing services by the industry to improve the efficiency and workload of IoT devices.

Large companies invest in research and development activities and apply advanced technologies to launch new products in order to remain competitive in the market.

The list of major players operating in the Egyptian Internet of Things (IoT) market includes Siemens AG, Amazon.com, Inc., International Business Machines Corporation, Cisco System INC., Microsoft Corporation, Oracle Systems Corporation.

Purpose of the study:

  • To analyze the historical growth in the market size of the Egypt Internet of Things (IoT) market from 2016 to 2020.

  • To estimate and forecast the market size of the Egypt Internet of Things (IoT) market from 2021 to 2026 and its growth rate to 2026.

  • Classify and forecast the Egyptian Internet of Things (IoT) market based on component, type, connectivity, end use and regional distribution.

  • To identify drivers and challenges for the Egyptian Internet of Things (IoT) market.

  • To investigate competitive developments such as expansions, new product launches, mergers and acquisitions, etc. in the Egyptian Internet of Things (IoT) market.

  • Identify and analyze the profile of leading players involved in the Egypt Internet of Things (IoT) market.

Competitive landscape

Company Profiles: Detailed analysis of the major companies present in the Internet of Things (IoT) market in Egypt.

  • Siemens AG

  • Amazon.com, Inc.

  • International Business Machines Corporation

  • Cisco Systems Inc.

  • Microsoft Corporation

  • Oracle Systems Corporation

  • Honeywell International Inc.,

  • Hewlett Packard Enterprise,

  • Telefonactiebolaget LM Ericsson

  • Nokia Corporation

  • IOBlue

  • Wulian DEC Smart Home Co.

  • Vodafone Group Plc.

  • Huawei Technologies Co., Ltd.

  • XIOT

Report Range:

Years considered for this report:

Internet of Things (IoT) Market in Egypt by Component:-

  • Software (real-time streaming analytics; security, data management; remote monitoring, network bandwidth management, others)

  • Hardware (device, gateways)

  • Services (Professional, Managed)

Egypt Internet of Things (IoT) Market Segment by Type:

Internet of Things (IoT) Market in Egypt, by Connectivity:

Internet of Things (IoT) Market in Egypt, by End Use:

Egypt Internet of Things (IoT) Market by Regions:

  • Cairo

  • Alexandria

  • Giza

  • Al Qalyubia

  • Port Saido

  • suez

  • Rest of Egypt

For more information on this report, please visit https://www.researchandmarkets.com/r/830jgy

Check out the source version at businesswire.com: https://www.businesswire.com/news/home/202020325005270/en/

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