Global IoT Application-Market Overview
• IoT technology has a wide range of applications, from collecting biometric data through wearable equipped devices to controlling connected devices through communication networks and cloud technologies
• Among top IoT application areas, industrial/ manufacturing, transportation, energy and utility, retail are the major sectors accounting for ~63% of the total market in 2020
• Edge Computing, Cloud Computing, 5G and Blockchain, Industrial IoT, Machine Learning and Artificial Intelligence are the major trends that can be seen in the Global IoT market
Products/Offerings
• Global IoT offers a suite of solutions across the following industries and business intentions
Retail & Consumer Goods- Store & E-commerce, Supply Chain, Sales & Marketing, Manufacturing
IoT and connectivity solutions have revolutionized the store and e-commerce operations in the retail & consumer goods industry

Major Ecosystem Enablers: Key retail and consumer goods players are leveraging IoT for shipment tracking and supply chain management

Source: Draup Analysis, Data curated from the various News Articles, Industry Reports, Case Studies, and other similar sources
Note: The above list of use-cases and companies is not exhaustive
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