According to the IOT market report, "Internet of Things Market (2014 - 2022), by Type (Intelligent System, Software, Service), Software (Security Software, Data Management Software, Analytics Software, Communication Software), Service (Consulting Service, Integration & Implementation Service, Outsourcing Service, Repair and Maintenance Service), End-User (Public Sector, BFSI, Retail, Healthcare, IT & Telecom, Media & Entertainment, Energy & Utility, Transportation), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, Latin America) Global Opportunity Analysis and Industry Forecast", the global market for IoT is expected to witness remarkable growth by 2022.